ppABOUT GREYSTAR Greystar is a leading, fully integrated general real estate platform offering expertise in property management, investment management, development, and construction services in institutional-quality rental housing. Headquartered in Charleston, South Carolina, Greystar manages and operates over $350 billion of real estate in more than 260 markets globally with offices throughout North America, Europe, South America, and the Asia-Pacific region. Greystar is the largest operator of apartments in the United States, managing over one million units/beds globally. Across its platforms, Greystar has nearly $79 billion of assets under management, including over $34 billion of development assets and over $36.5 billion of regulatory assets under management. Greystar was founded by Bob Faith in 1993 to become a provider of world-class service in the rental residential real estate business. To learn more, visit /ph3JOB DESCRIPTION SUMMARY /h3pThe Development Associate will contribute to both investment analysis and development management, supporting the assessment, acquisition, and delivery of living projects across Italy. Based in the Madrid office, the role will focus on the Italian market and will require recurrent travel to Italy. This role offers broad exposure across financial modelling, market research, development feasibility, planning processes, cost control, and reporting to senior management. /ph3Key Role Responsibilities /h3h3Financial Analysis Investment /h3ulliConduct detailed financial modelling, valuation, and feasibility analysis of potential acquisitions and development opportunities. /liliDevelop and interpret complex financial models including multi-tier waterfall structures. /liliAssist in budgeting, cost control, and cash flow monitoring of development projects throughout the lifecycle. /liliPrepare financial and technical data required for investment memorandums, including detailed pro-forma construction budgets and feasibility studies. /liliSupport the negotiation of sale and purchase agreements with financial and technical analysis. /li /ulh3Development Project Support /h3ulliSupport the planning and approvals process, including analysis of planning permissions, zoning regulations, and compliance with Italian development control requirements. /liliAssist in the preparation and monitoring of project plans, programme schedules, and cost documentation. /liliMonitor budget and project schedule performance and contribute to regular progress reporting.



/liliSupport the management of third-party relationships with consultants, contractors, and external stakeholders to ensure project delivery. /liliAssist in ensuring all required permits and approvals are obtained and that technical quality standards are met. /li /ulh3Reporting Presentations /h3ulliPrepare investment papers, market reports, and presentations for internal committees and senior stakeholders. /liliContribute to project internal reporting and approval presentations (DCSR, Pre-Flight, BLIC). /liliProduce meeting minutes, progress reports, management reports, and quality reports as required. /li /ulh3Market Research Strategy /h3ulliConduct market research and sector analysis, identifying trends and opportunities in residential real estate. /liliMaintain awareness of Flex Living, Build to Rent (BTR), and PBSA market dynamics in Italy. /liliContribute to the broader strategic objectives of development projects. /li /ulh3Knowledge Qualifications /h3ulliBachelor's degree in Finance, Business Administration, Real Estate, Accounting, Economics, or a STEM-related discipline. /liliDemonstrable interest in real estate investment and development. /liliExpert level proficiency in MS Office suite – Word, Excel, PowerPoint. /liliFluent in English and Italian. /liliWorking knowledge of Italian building regulations, technical building specifications, planning application processes, construction and procurement processes is required. /liliKnowledge of multifamily (build to rent), student, or related residential asset classes (desirable). /li /ulh3Experience Skills /h3ulliPrevious experience (including internships or placement years) in real estate, investment banking, private equity, or corporate finance. /liliStrong understanding of financial modelling, asset valuation, and investment analysis. /liliKnowledge of the Italian planning system, including development approvals and regulatory compliance. /liliExperience in development cost control, budgeting, and cash flow monitoring. /liliUnderstanding of construction and technical processes related to real estate development. /liliExperience in market research, analysis, and reporting.



/liliStrong knowledge of the Italian living real estate market, including relevant regulatory, planning, and permitting frameworks. /liliExposure to large-scale or phased development projects (desirable). /liliExperience applying Environmental, Social Governance (ESG) principles to development projects (desirable). /liliStrong written and verbal communication skills; including the ability to effectively write and present reports and information. /liliExcellent interpersonal skills including the ability to establish and maintain positive relationships, communicate with tact and diplomacy. /liliInfluence with impact at all levels. /liliStrong analytical skills with meticulous attention to detail. /liliCommercially minded, proactive, and solutions-oriented. /liliHighly organised and capable of managing multiple workstreams and tight deadlines. /liliProfessional, collaborative, and adaptable team player. /liliCommitment to developing a long-term career in real estate investment and development. /liliWillingness to work in a dynamic, fast-paced, and collaborative environment. /li /ulh3Important Notice /h3pGreystar will never request your banking details or other sensitive personal information during the interview process. Greystar does not conduct any interviews via text or messaging, and all communication will come from official Greystar email addresses (@greystar.com). If you receive suspicious requests, please report them immediately to /ph3Our Core Values /h3pbIntegrity /b We stay true to the highest ethical standards and principles, and are honest, trustworthy, humble, and respectful in all of our words and actions. /ppbEquality /b We celebrate individual differences, encourage diversity of thought, provide equality of opportunity, and cultivate an environment where all individuals are seen, treated, and valued equally. /ppbProfessionalism /b We proudly present a positive, dignified, and businesslike image at all times through our appearances, behavior, and interactions with others. /ppbAccountability /b We take responsibility and accept ownership for our words, actions, tasks, and results, and respectfully hold others to the same standard. /ppbService /b We make service our top priority by giving our time, knowledge, and experience to serve the needs of our customers, community, and team members. /ppbTeamwork /b We work together to accomplish goals, solve problems, and enrich our work environment. /p /p #J-18808-Ljbffr

📌 Development Associate (Italian Market) (Madrid)
🏢 Greystar
📍 Madrid