Senior Associate, Real Estate Development

Crusoe's mission is to accelerate the abundance of energy and intelligence. We’re crafting the engine that powers a world where people can create ambitiously with AI — without sacrificing scale, speed, or sustainability.

Be a part of the AI revolution with sustainable technology at Crusoe. Here, you'll drive meaningful innovation, make a tangible impact, and join a team that’s setting the pace for responsible, transformative cloud infrastructure.

About This Role:

Crusoe is building the world’s favorite AI-first cloud infrastructure, powered by clean and renewable energy. We are seeking a Senior Associate to join our Real Estate Development team. In this role, you will drive feasibility analyses, site selection, and financial modeling for large-scale data center projects. You will play a key role in evaluating infrastructure, capital structures, and entitlement pathways that enable Crusoe to expand globally. This is a highly cross-functional position requiring collaboration with finance, construction, engineering, policy, and external partners.

This role is required to be in office 5 days per week in our San Francisco, CA, office.

What You'll Be Working On:

• Conduct feasibility analyses for new data center development opportunities, assessing power availability, environmental/geotechnical considerations, substation proximity, fiber availability, latency constraints, and broader infrastructure requirements.

• Create and manage financial models for infrastructure-intensive developments, including analysis of capitalization structures utilizing both conventional and alternative financing sources.

• Evaluate site selection factors such as energy access, cooling infrastructure, and permitting requirements.

• Support capital raising efforts through preparation of development models, offering memoranda, investor outreach reports, and other marketing materials.

• Present acquisition opportunities and return scenarios to senior leadership, with a focus on land values, infrastructure recovery, and investor alignment.

• Collaborate with consultants, city officials, and community stakeholders on entitlement and zoning efforts.

• Prepare and manage RFP processes for general contractors and other vendors.

• Monitor market trends and provide regular analysis on interest rates and financing conditions.

• Asset-manage predevelopment sites to optimize interim revenue strategies.

• Partner with internal teams and external advisors to drive complex mixed-use and data center projects from inception through entitlement and pre-construction.

What You'll Bring to the Team:

• Experience: 2–4 years of experience in real estate development, finance, or related infrastructure fields.

• Technical Proficiency: Highly skilled in financial modeling, deal structuring, and evaluating capitalization strategies.

• Domain Expertise: Experience with entitlements, permitting, and land development planning.

• Project Management: Adept at managing multiple priorities and tracking project milestones in a fast-paced environment.

• Communication: Strong presentation skills with the ability to influence senior leadership and external partners.

• Tools: Proficiency in Microsoft Excel and PowerPoint. Experience with Argus Enterprise or GIS is a plus

Bonus Points:

• Prior experience in data centers or large-scale infrastructure.

• IPP energy development experience.

Benefits:

• Industry competitive pay

• Restricted Stock Units in a fast growing, well-funded technology company

• Health insurance package options that include HDHP and PPO, vision, and dental for you and your dependents

• Employer contributions to HSA accounts

• Paid Parental Leave

• Paid life insurance, short-term and long-term disability

• Teladoc

• 401(k) with a 100% match up to 4% of salary

• Generous paid time off and holiday schedule

• Cell phone reimbursement

• Tuition reimbursement

• Subscription to the Calm app

• MetLife Legal

• Company paid commuter benefit; $300 per pay period

Compensation Range:

Compensation will be paid in the range of $159,000- $193,000, + Bonus, and Restricted Stock Units are included in all offers. Compensation to be determined by the applicant’s education, experience, knowledge, skills, and abilities, as well as internal equity and alignment with market data.

Crusoe is an Equal Opportunity Employer. Employment decisions are made without regard to race, color, religion, disability, genetic information, pregnancy, citizenship, marital status, sex/gender, sexual preference/ orientation, gender identity, age, veteran status, national origin, or any other status protected by law or regulation.