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Real Estate Development Jobs in Reston, VA (NOW HIRING)

Urban, Ltd

Real Estate Development Manager

Annandale, VA · On-site

$80K - $120K/yr

... real estate, finance, architecture, engineering, construction management, or another related field. * 3-5 years of managing commercial and residential land development projects through the approval ...

5 Legal

Real Estate Associate

Washington, DC

This candidate will perform transactional work as assigned, including drafting and negotiation of documents relating to the full spectrum of commercial real estate transactions, including development ...

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All JobsReal Estate Development JobsReal Estate Development Jobs in Reston, VA

Real Estate Development information

See Reston, VA salary details

$56.7K

$106.4K

$168.5K

How much do real estate development jobs pay per year?

As of Jul 1, 2026, the average yearly pay for real estate development in Reston, VA is $106,398.00, according to ZipRecruiter salary data. Most workers in this role earn between $78,000.00 and $133,200.00 per year, depending on experience, location, and employer.

What Are the Qualifications to Get a Job in Real Estate Development?

The qualifications to get a job in real estate development vary depending on your responsibilities. For investment and development jobs, the most important thing is money, whether it is from personal wealth or investors. Some developers work specifically with municipal governments or community organizations. If you seek investors, you need to have strong financial skills, good negotiation and presentation tactics, and strategic vision. To become a construction or design worker in real estate development, you need to have a bachelor’s degree or credentials from an apprenticeship and several years of work as a commercial or residential contractor. Marketing professionals need a background in PR or real estate.

What is real estate development?

Real estate development is the process of creating new buildings or renovating existing properties for residential, commercial, or mixed-use purposes. It involves tasks such as acquiring land, securing financing, obtaining permits, overseeing construction, and managing the eventual sale or lease of the property. Developers coordinate with architects, contractors, government agencies, and investors throughout each stage of a project. The goal is to transform raw land or underutilized properties into valuable assets that meet market demand.

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

To thrive as a Real Estate Developer, you need strong project management, financial analysis, and market research skills, often supported by a degree in real estate, business, or a related field. Familiarity with financial modeling software, CAD tools, and zoning or permitting systems is typically required. Excellent negotiation, communication, and problem-solving abilities set top developers apart. These skills are crucial for successfully managing complex projects, securing investment, and navigating regulatory environments to deliver profitable developments.

What are some common challenges faced by professionals in real estate development, and how can they be addressed?

Professionals in real estate development often encounter challenges such as navigating complex zoning regulations, securing project financing, and coordinating with a diverse group of stakeholders including architects, contractors, and government agencies. Successfully addressing these challenges requires strong project management skills, effective communication, and a proactive approach to problem-solving. Building a network of reliable partners and staying informed about local market trends can also help mitigate risks and ensure project success.

What is the difference between Real Estate Development vs Real Estate Brokerage?

AspectReal Estate DevelopmentReal Estate Brokerage
Required CredentialsReal estate license, possibly a degree in real estate, finance, or urban planningReal estate license, sales certification
Work EnvironmentProject sites, offices, planning meetingsReal estate offices, property showings, client meetings
Industry UsageInvolved in planning, financing, and constructing new propertiesFacilitates property sales and leasing between buyers and sellers

Real estate development focuses on creating new properties from planning to construction, while real estate brokerage centers on selling and leasing existing properties. Both roles require real estate licenses but differ significantly in daily activities and project involvement.

More about Real Estate Development jobs
What are the most commonly searched types of Real Estate Development jobs in Reston, VA? The most popular types of Real Estate Development jobs in Reston, VA are:
What job categories do people searching Real Estate Development jobs in Reston, VA look for? The top searched job categories for Real Estate Development jobs in Reston, VA are:
What cities near Reston, VA are hiring for Real Estate Development jobs? Cities near Reston, VA with the most Real Estate Development job openings:
Real Estate Development jobs near you
Infographic showing various Real Estate Development job openings in Reston, VA as of June 2026, with employment types broken down into 100% Full Time. Highlights an 100% In-person job distribution, with an average salary of $106,398 per year, or $51.2 per hour.
Real Estate Development Accountant

Real Estate Development Accountant

BANNEKER VENTURES LLC

Silver Spring, MD • On-site

$70K - $90K/yr

Full-time

Posted 24 days ago

Job description

About Banneker

Banneker Ventures is a dynamic and fast-growing real estate development, construction, advisory, and property management firm dedicated to building vibrant, sustainable communities throughout the Washington, DC metropolitan area. With a reputation for excellence, Banneker recently expanded its operations to include a Property Management division. The role we are seeking to fill offers the unique opportunity to lead and shape this new division, directly impacting the long-term growth and success of the firm.

Its real estate development division prides itself on helping to solve the affordable and workforce housing problem in the Washington Metropolitan region. It is currently working on $1.5 billion in projects, and 2 million square feet of housing, retail, office, and entertainment space throughout Washington DC, Maryland, and New York City. Its mission is to ensure that every family has a safe, quality, and affordable place to live while creating opportunities for those who have historically not had the opportunity to work on and be part of large-scale development and construction projects.

Job Description

Reporting to the CFO, the Real Estate Development Accountant is responsible for performing professional-level accounting work related to the maintenance, analysis, and reporting of financial records for real estate development and construction projects. The role requires strong knowledge of construction and real estate accounting principles, with an emphasis on general ledger management, job costing, and accounts receivable. Key responsibilities include managing monthly closings, maintaining accurate accounting records and files, preparing and organizing financial reports and analyses, and ensuring compliance with company policies and industry standards. The Real Estate Accountant will also support draw requests, work-in-progress schedules, and other project-related reporting. This position may also participate in ad hoc projects, process improvements, and general office support as needed.

Essential Duties and Responsibilities:

Prepare and maintain pre-development budgets, including land acquisition costs, zoning, permitting, and soft costs.

  • Track feasibility study expenses and compare them against approved budgets.
  • Model project pro formas, including anticipated financing costs, developer fees, and contingency allowances.
  • Record and categorize all pre-development expenditures (legal, architectural, engineering, due diligence).
  • Maintain general ledger accounts for pre-development costs to ensure accurate capitalization.
  • Monitor use of equity contributions and pre-construction financing draws.
  • Prepare draw requests for lenders and investors, including supporting documentation for each cost incurred.
  • Track pre-development loan interest, fees, and repayment schedules.
  • Produce monthly pre-development financial reports for project managers and executives.
  • Assist in variance analysis between budgeted and actual costs.
  • Provide financial input for investor updates and capital partner reporting.
  • Maintain detailed job cost reports by cost code, including committed costs vs. actuals.
  • Process contractors invoices and progress billings, ensuring alignment with contract terms and percentage of completion.
  • Prepare monthly construction loan draw packages with all supporting invoices, lien waivers, and compliance documents.
  • Reconcile lender draw disbursements with recorded project costs.
  • Monitor availability of contingency funds and adjust forecasts accordingly.
  • Produce development-phase financial statements for management and investors.
  • Ensure compliance with loan agreements, investor reporting requirements, and audit requests.
  • Monitor insurance costs, bonds, and other project-related financial obligations.

Additional Performance Factors:

  • Extreme attention to detail and focus on accuracy
  • Maintains professional and technical knowledge by identifying and participating in training programs. Recommends process performance improvements.
  • Adheres to corporate policies/standards and guidelines as established in cross-functional areas.
  • Prompt arrival to work, meetings and activities as related to job functions
  • Performs other duties as assigned.

Qualifications:

  • Bachelor’s degree in Accounting or Finance and a minimum of 1 year of applying accounting principles in a general contracting environment with annual revenue of at least $10MM; or an acceptable equivalent to education and experience in the field.
  • Able to demonstrate proficiency with general accounting principles and application of appropriate standards such as revenue recognition, job costing, and payroll taxes.
  • Hands on experience preparing financial reports and extracting data from databases to prepare reports for analysis at a high level.
  • LIHTC Experience preferred.
  • Strong Excel skills and experience working with Quickbooks software.
  • Experience in accounting, real estate accounting, or property accounting preferred.
  • Experience in real estate industry preferred.
  • Solid written and verbal communication skills are a must.
  • Good interpersonal, communication, organizational, multi- tasking, teamwork and abstract thinking skills are required.