Unknown Company

Development Coordinator

los angeles, ca • Posted 3 days ago
Onsite Contract General

Development CoordinatorCrow Holdings Development (CHD) is a leading real estate development company specializing in multifamily, industrial, and office development across high-opportunity markets in the United States. Led by a highly experienced leadership team, CHD has developed more than 292,000 multifamily units since 1977 and 77 million square feet of industrial space since 2013 and is a subsidiary of Crow Holdings, a privately owned real estate investment and development firm with over 75 years of history, $34 billion of assets under management, and an established platform with a vision for continued success. The firm's ongoing legacy is rooted in its founding principles: partnership, collaboration, and alignment of interests.

For more information, please visit SummaryCrow Holdings Development seeks a Development Coordinator to support the execution of industrial development projects, with a focus on construction administration, lender draw coordination, contract management, and compliance tracking. This role is highly detail-oriented and operationally focused, ensuring projects run smoothly from documentation, reporting, and process management perspectives.Primary ResponsibilitiesContract AdministrationCollect vendor contracts and tracks billings against contract values.Notify Development Manager of additional and hourly services and budget overruns.Certificate of Insurance Management – collects, tracks, and ensures compliance of Contractor and Subcontractor COI.Track key dates and deliverablesSupport reporting requirements for lenders and capital partnersAssist with close-out documentation and warranty trackingProject Budget TrackingEnter budgets in YardiProcess project budget revisions and Change OrdersMeet with the project and construction managers to review project budgets.Maintains an accurate log of budgets and committed costs.Invoice ProcessingValidation of vendor invoices against contracts.Maintains actual costs of construction report, validates contractor payment requests & collects required supporting documentation.Process weekly overhead invoices and special check requests as needed in YardiProcess project invoices according to accounting draw schedule deadlinesTracks vendor payment status.Draw RequestsWork with corporate accounting to process monthly draw requests according to project schedulesCollects required lien waivers and final releases.Review and distribute monthly draws to partners, lender, and CHI internal partiesLiaison with bank and development team regarding loan draw necessary documentationRelease of payments upon fundingAudit and ReportingAudit job cost reports for cost overruns and discrepanciesWork closely with the Project Management team and vendors and to research and resolve any discrepanciesAssist project teams with any questions or needs related to the accounting department.Coordinate with Project Management Team on partner and lender reporting requirements.Project SupportSupport scheduling coordination with contractors and consultantsAssist with meeting coordination and documentationTrack permitting and inspection statusProvide general administrative support to development teamDesired Skills & ExperienceBachelor's degree in Business, Finance, Accounting, or equivalent experience preferred1-5 years of experience in the construction or real estate development industry in an accounting capacity preferredProficiency in Microsoft Outlook, Word & Excel programs required.Experience with Yardi accounting software preferred.Familiarity with construction budgets and pay applicationsExperience working in a fast-paced environment with the ability to meet short and long term deadlinesExcellent time management and organizational skills, with a commitment to accuracy and attention to detailHighly effective written and verbal communicationStrong interpersonal skills with the ability to take initiative, multi-task, be a team player and adapt to shifting prioritiesEqual Opportunity Employer This employer is required to notify all applicants of their rights pursuant to federal employment laws. For further information, please review the Know Your Rights notice from the Department of Labor.

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