Development Coordinator

Crow Holdings • Los Angeles, CA

7d

About The Position

Crow 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 www.crowholdings.com . Position Summary Crow 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.

Requirements

• Bachelor’s degree in Business, Finance, Accounting, or equivalent experience preferred
• 1-5 years of experience in the construction or real estate development industry in an accounting capacity preferred
• Proficiency in Microsoft Outlook, Word & Excel programs required.
• Familiarity with construction budgets and pay applications
• Experience working in a fast-paced environment with the ability to meet short and long term deadlines
• Excellent time management and organizational skills, with a commitment to accuracy and attention to detail
• Highly effective written and verbal communication
• Strong interpersonal skills with the ability to take initiative, multi-task, be a team player and adapt to shifting priorities

Nice To Haves

• Experience with Yardi accounting software preferred.

Responsibilities

• Contract Administration Collect 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 deliverables Support reporting requirements for lenders and capital partners Assist with close-out documentation and warranty tracking
• Project Budget Tracking Enter budgets in Yardi Process project budget revisions and Change Orders Meet with the project and construction managers to review project budgets. Maintains an accurate log of budgets and committed costs.
• Invoice Processing Validation 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 Yardi Process project invoices according to accounting draw schedule deadlines Tracks vendor payment status.
• Draw Requests Work with corporate accounting to process monthly draw requests according to project schedules Collects required lien waivers and final releases. Review and distribute monthly draws to partners, lender, and CHI internal parties Liaison with bank and development team regarding loan draw necessary documentation Release of payments upon funding
• Audit and Reporting Audit job cost reports for cost overruns and discrepancies Work closely with the Project Management team and vendors and to research and resolve any discrepancies Assist project teams with any questions or needs related to the accounting department. Coordinate with Project Management Team on partner and lender reporting requirements.
• Project Support Support scheduling coordination with contractors and consultants Assist with meeting coordination and documentation Track permitting and inspection status Provide general administrative support to development team

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level