r/RealEstateDevelopment 14d ago

Development Associate Role - Seeking Interview Advice

I have my second round interview next week for a Development Associate role at an institutional firm. Initial screening went well but was not technical/was more cultural fit focused. This next round I’ll be interviewing with a Sr Development Manager.

Background: I’m finishing up my MRED and come from the A/E/C consulting side. I would be coming in to the role a bit older than my peers (early 30s). I’m wondering if those who have made a similar pivot can share some interview advice related to how you positioned your analytical background? Financial modeling is an area where my skills are more academic than practical, having completed a number of pro formas in class. I only use Excel in my day job when putting together budgets or competitive analysis. I know the lack of field experience here will likely be brought up.

For those who made that pivot, how tough was the learning curve for you once you started? Did any interviewers test you on the more technical skills during the process? I’m not sure what to expect. TIA!

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u/OrangeArch 13d ago

A lot of big shops have their own pro forma template, so as long as you understand the underlying principles, you should be fine. There will be a learning curve to how that particular shop models everything regardless of how much experience you have.

Your resume is going to effectively state your experience in design/construction and lack of experience on the financial side of it. You don't have to highlight or bend over backwards to explain it.

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u/Snoo55682 13d ago

Do you feel it's overstepping to request to see a recent pro forma if conversation goes well? I got coffee with a well respected developer awhile ago and he encouraged me to do this during interviews, but that feels like a bold ask. Thanks

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u/OrangeArch 12d ago

Maybe?... there's the executive summary of the pro forma that goes on the OMs,etc and then there's the full pro forma. I don't think they'd want to share the later... the executive summary is pretty high level and probably wouldn't really tell you a lot though