1

Real Estate Development Associate Jobs in Detroit, MI

next page

Showing results 1-20

Real Estate Development Associate information

See Detroit, MI salary details

$30.7K

$87K

$134.7K

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

As of Jul 16, 2026, the average yearly pay for real estate development associate in Detroit, MI is $87,008.00, according to ZipRecruiter salary data. Most workers in this role earn between $56,000.00 and $111,400.00 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 Detroit, MI? The most popular types of Real Estate Development jobs in Detroit, MI are:
What are popular job titles related to Real Estate Development Associate jobs in Detroit, MI? For Real Estate Development Associate jobs in Detroit, MI, the most frequently searched job titles are:
What cities near Detroit, MI are hiring for Real Estate Development Associate jobs? Cities near Detroit, MI with the most Real Estate Development Associate job openings:
Infographic showing various Real Estate Development Associate job openings in Detroit, MI as of July 2026, with employment types broken down into 91% Full Time, and 9% Contract. Highlights an 91% In-person, and 9% Remote job distribution, with an average salary of $87,008 per year, or $41.8 per hour.

$57K - $78K/yr

Full-time

Posted 15 days ago


Job description

Job Summary

We are seeking a detail-oriented and experienced Real Estate Development Accountant to manage financial operations across real estate development and construction projects throughout their full lifecycle. This role is responsible for project accounting, construction draws, cost tracking, budgeting, and financial reporting, while also supporting audits, tax preparation, and lender/investor compliance.

The ideal candidate has strong experience in construction and development accounting, including job costing, capitalized costs, draw processes, and multi-entity structures.


Key ResponsibilitiesProject Accounting & Cost Management
  • Track and monitor project costs across multiple developments and phases
  • Ensure accurate cost allocation and capitalization in compliance with accounting standards
  • Analyze actual costs versus budgets and forecasts; identify variances and recommend solutions
  • Maintain detailed job cost reports and project-level financials
  • Partner with project managers to ensure accurate financial tracking
Draw Management & Construction Financing
  • Prepare, submit, and track construction draws and payment applications
  • Prepare settlement statements for financing closings
  • Record lender draws, capital contributions, and distributions
  • Reconcile draws to budgets, contracts, and loan agreements
  • Ensure compliance with lender requirements and deadlines
  • Coordinate with lenders, contractors, and internal stakeholders
Budgeting & Forecasting
  • Assist in developing project budgets and financial forecasts
  • Update projections based on project progress and change orders
  • Provide financial insights to project teams
  • Prepare and maintain project cash flow forecasts
General Ledger & Financial Reporting
  • Maintain general ledger accounts across multiple entities (LLCs, partnerships)
  • Perform monthly bank reconciliations and account analyses
  • Prepare journal entries and monthly financial reporting packages
  • Assist in quarterly and annual financial statement preparation
  • Ensure proper classification of expenses and capitalized costs
Audit, Tax & Compliance Support
  • Prepare audit workpapers and support tax return preparation
  • Assist with cost certifications for contractors and owners
  • Maintain documentation for financing, contracts, and approvals
  • Ensure compliance with internal controls and partnership agreements
Systems & Process Support
  • Maintain accurate data in accounting and project management systems (e.g., QuickBooks, Smartsheet)
  • Utilize advanced Excel functions (pivot tables, modeling, etc.)
  • Support process improvements and financial reporting enhancements
  • Maintain organization across multiple development entities
  • Collaborate with development, construction, and leadership teams
  • Support reporting, documentation, and special projects as needed

QualificationsEducation
  • Bachelor's degree in Accounting, Finance, or a related field (required)
Experience
  • 3–7+ years of accounting experience
  • Experience in real estate development or construction accounting strongly preferred
  • Proven experience with project-based accounting and job costing required.
Technical Skills
  • Strong knowledge of construction/development accounting principles
  • Proficiency with QuickBooks or similar accounting software
  • Advanced Microsoft Excel skills
  • Experience with Smartsheet, SharePoint, and other business tools a plus
Core Competencies
  • Strong attention to detail and accuracy
  • Excellent analytical and problem-solving skills
  • Ability to manage multiple projects and deadlines
  • Strong organizational and documentation skills
  • Effective communication with cross-functional teams
  • Ability to thrive in a fast-paced, deadline-driven environment

Why Join Us?
  • Opportunity to work on impactful real estate development projects
  • Competitive compensation and benefits
  • Growth and professional development opportunities