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Real Estate Development Associate Jobs in Minnesota

5 Legal

Real Estate Associate

Minneapolis, MN

AmLaw 200 legal services provider seeks a highly-qualified Mid-level Associate to join its Real ... estate transactions, including development, purchases and sales, real estate secured loans ...

Bridgestone

Real Estate Manager

Tower, MN · Hybrid

... associate brand products and solutions to address the needs of a broad range of customers and ... This role assists with site selection, contract negotiations, development activities, financial ...

New

Bridgestone Americas, Inc

Real Estate Manager

Tower, MN · Hybrid

... associate brand products and solutions to address the needs of a broad range of customers and ... This role assists with site selection, contract negotiations, development activities, financial ...

New

5 Legal

Real Estate Associate

Minneapolis, MN · On-site

Top 50 AmLaw firm seeks an associate to join its Real Estate Department in their Minneapolis or ... development, and leasing. Active bar in MN or AZ is preferred.

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All JobsReal Estate Development Associate JobsReal Estate Development Associate Jobs in Minnesota

Real Estate Development Associate information

See Minnesota salary details

$30.4K

$86.1K

$133.2K

How much do real estate development associate jobs pay per year?

As of Jul 20, 2026, the average yearly pay for real estate development associate in Minnesota is $86,052.00, according to ZipRecruiter salary data. Most workers in this role earn between $55,300.00 and $110,200.00 per year, depending on experience, location, and employer.

What are some common challenges faced by Real Estate Development Associates during the project lifecycle?

Real Estate Development Associates often encounter challenges such as navigating complex zoning and permitting processes, managing tight project timelines, and coordinating among multiple stakeholders like architects, contractors, and local officials. Balancing budget constraints while ensuring project quality and compliance can also be demanding. Successful associates proactively address these hurdles by staying organized, communicating effectively with team members, and continuously monitoring project milestones to avoid delays.

What are the key skills and qualifications needed to thrive as a Real Estate Development Associate, and why are they important?

To excel as a Real Estate Development Associate, you need a solid understanding of real estate finance, market analysis, and project management, typically supported by a degree in business, real estate, or a related field. Familiarity with financial modeling software (like Excel or Argus), zoning regulations, and project management tools is commonly required. Strong negotiation, communication, and problem-solving skills help you collaborate effectively with stakeholders and navigate complex development processes. These skills are crucial for successfully overseeing projects from inception to completion, ensuring profitability and compliance.

What is the difference between Real Estate Development Associate vs Real Estate Analyst?

AspectReal Estate Development AssociateReal Estate Analyst
Required CredentialsBachelor's degree in real estate, finance, or related field; some roles prefer certifications like CCIMBachelor's degree in finance, economics, or related; often pursuing CFA or similar certifications
Work EnvironmentOffice setting, site visits, project meetingsOffice-based, data analysis, market research
Employer & Industry UsageReal estate development firms, construction companies, investment firmsReal estate investment firms, financial institutions, consulting firms

While both roles involve real estate, a Real Estate Development Associate focuses on project planning, coordination, and execution of development projects. In contrast, a Real Estate Analyst primarily conducts market research, financial analysis, and investment evaluations. The roles often overlap in skills but differ in daily tasks and focus areas.

What does a real estate associate do?

A real estate development associate supports the planning, analysis, and execution of real estate projects. They conduct market research, assist with financial modeling, coordinate with stakeholders, and help manage project timelines, often using tools like Excel and project management software. Strong communication and organizational skills are essential for success in this role.

Is real estate development a good career?

A career as a real estate development associate involves managing projects from acquisition to construction, requiring skills in finance, negotiation, and project management. It can be financially rewarding and offers opportunities for advancement, but it also involves high competition, market risk, and long hours. Success depends on industry knowledge, networking, and the ability to navigate complex regulations.

What is a development associate in real estate?

A development associate in real estate is a professional responsible for supporting the planning, coordination, and execution of real estate development projects. They often handle tasks such as market research, financial analysis, and project management, working closely with developers, architects, and investors to ensure project milestones are met.

What does a Real Estate Development Associate do?

A Real Estate Development Associate supports the planning, coordination, and execution of real estate projects, such as residential, commercial, or mixed-use developments. Their responsibilities often include conducting market research, analyzing financial data, assisting in securing permits, and coordinating with architects, contractors, and other stakeholders. They help ensure that projects are completed on time, within budget, and in compliance with regulations. This role is crucial in turning development concepts into successful, profitable properties.
What are the most commonly searched types of Real Estate Development jobs in Minnesota? The most popular types of Real Estate Development jobs in Minnesota are:
What are popular job titles related to Real Estate Development Associate jobs in Minnesota? For Real Estate Development Associate jobs in Minnesota, the most frequently searched job titles are:
What job categories do people searching Real Estate Development Associate jobs in Minnesota look for? The top searched job categories for Real Estate Development Associate jobs in Minnesota are:
What cities in Minnesota are hiring for Real Estate Development Associate jobs? Cities in Minnesota with the most Real Estate Development Associate job openings:
Real Estate Development Associate jobs near you
Infographic showing various Real Estate Development Associate job openings in Minnesota as of July 2026, with employment types broken down into 1% As Needed, 67% Full Time, 30% Part Time, 1% Temporary, and 1% Contract. Highlights an 97% Physical, 1% Hybrid, and 2% Remote job distribution, with an average salary of $86,052 per year, or $41.4 per hour.
Development Associate (Real Estate)

Development Associate (Real Estate)

Sherman Associates

Minneapolis, MN

Full-time

Re-posted 22 days ago

Job description

Sherman Associates is currently seeking an experienced real estate Development Associate to join our team! As a member of our experienced real estate development team, you will partner with various internal partners to lead projects from start to end. Projects include urban mixed-use (residential/commercial), affordable LIHTC multifamily, luxury housing, and more. As a leading developer in the Upper Midwest, we live our passion to develop real estate with purpose and meet community needs.

Applicants must be based in the Greater Minneapolis/Saint Paul Area and should expect some hybrid remote/in-person work. Travel expectations are 10-15% as needed.

ESSENTIAL FUNCTIONS

Core Responsibilities

  • Determine funding requirements for the viability and sustainability of multi-family and mixed-use projects.
  • Manage pre-development activities including acquisition, environmental review, project concept development, budgeting, cost analysis and financing of multi-family and mixed-use projects.
  • Assist in formulating standard/routine proposals in conjunction with team members and various functional groups.
  • Complete proformas for multi-family and mixed-use projects using a mix of funding sources, including but not limited to, Federal and State Low Income Housing Tax Credits, Federal and State Historic Tax Credits and New Market Tax Credits, Tax Increment Financing and Tax Abatement.
  • Manage pre-development activities including acquisition, environmental review, project concept development, budgeting, cost analysis and financing of multi-family and mixed-use projects.
  • Manage and organize due diligence requirements for multiple parties.
  • Create financing packages for lenders, investors and project stakeholders
  • Assist in completion and submission of financing applications
  • Prepare pre-development budgets, operating budgets cash flow and reserve analyses.
  • Prepare overall project timelines and schedules.
  • Manage project cast flows, construction draws and budget during pre-development and construction.
  • Develop and maintain relationships with private lending institutions, state, federal and local officials, and private equity investors.
  • Assist in managing construction draws and budget during pre-development and construction.
  • Other duties as assigned.

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