Development Coordinator - Newton Lower Falls, United States - Crow Holdings

    Crow Holdings
    Crow Holdings Newton Lower Falls, United States

    1 month ago

    Default job background
    Description
    Trammell Crow Residential (TCR) is a leading multifamily real estate developer with a local presence in 16 key U.S. markets.

    Over 45 years, TCR has built more than 285,000 premier multifamily residences, delivering amenity-rich communities in economically thriving locations nationwide.

    TCR is part of the development platform of Crow Holdings, a privately owned real estate investment and development firm with 75 years of history, $30 billion of assets under management, and an established platform with a vision for continued success.

    For more information, please visit


    Position Summary

    Trammell Crow Residential (TCR) seeks a full-time Development Coordinator / Office Manager in the Newton (Boston) office to oversee office management, provide project accounting support, and assist with development tasks and special projects for the Northeast Division.


    Primary Responsibilities


    • Upload weekly overhead invoices, monthly consultant invoices, and special check requests into the payables routing system and manage payments for each
    • Oversee all payable requests; confirm information is accurate, within budget, and coded appropriately
    • Review and distribute monthly draw documents
    • Meets weekly with the project team to ensure all paperwork and payables are approved in a timely manner.
    • Works with the project manager to update the cost to complete report and submit to team for approval
    • Audit job cost reports for cost overruns/discrepancies and update project budget revisions as needed
    • Review proposals and prepare contracts for distribution to consultants
    • Reviews contracts for all pertinent information and coordination with accounts payable.
    • Create, process, and route consultant change orders.
    • Make certain that consultant insurance and contract standards are acceptable prior to payment distribution
    • Ensures that receivables from subcontractors and consultants and suppliers are received in a timely manner and that they are correct and within their schedule of values.
    • Communicates with consultants and suppliers to ensure that the receipt is within the time constraints as per the contract.
    • Ensure all close-out documents are in order prior to releasing final payables to consultants and suppliers
    • Oversee office management, including ordering office supplies, maintaining vendor relationships, processing shipping requests, managing facility needs, responding to phone inquiries, and greeting guests
    • Coordinate office & project level events (holiday parties, team outings, and charity events)
    • Process monthly office rent, utility, and supply invoices.
    • Assist with new employee onboarding and serve as division liaison for IT requests

    Secondary/Optional Responsibilities


    • Conduct market analyses for new development opportunities and track current multi-family trends
    • Assist with acquisition and disposition due diligence efforts.
    • Manage consultants responsible for specific deliverables (surveys, environmental reports, etc.).
    • Oversee site specific marketing efforts (banners, crane signage, fence wraps, and offsite signage) to build project and TCR awareness leading to opening.
    • Assist Asset Management team and selected property management firm with project openings. Assist development team in preparation and distribution of investment committee memos, debt & equity packages, monthly investor reports, and other corporate communications
    • Track the status of bonds, insurance certificates, and other development & construction deliverables

    Desired Skills & Experience


    • 5+ years' administrative experience supporting senior level professionals; real estate, accounting, construction, project management or related field preferred
    • Excellent communication, time management and organization skills including the ability to prioritize, support, and anticipate the needs of several managers with initiative and enthusiasm
    • Proficiency in Microsoft Excel, Outlook, and Word programs required. Experience with Timberline and/or
    Yardi accounting software preferred.


    • Demonstrates consistently positive interpersonal interactions with internal business groups and external partners