Multifamily Development Manager

For over 30 years, JPI has been committed to both the development and investment management of Class A multifamily assets. We have an unmatched depth of industry-specific experience that includes garden-style communities, mid- to high-density wrap, podium projects, student housing, and mixed-use high-rise developments.

More than just structures, we build “living experiences” with leading-edge services and amenities that provide a pleasing and responsive environment to our residents, and the best risk-adjusted returns for our investors.

POSITION SUMMARY: 

The primary function of the Development Manager role is to coordinate and direct all aspects of development projects from early design through construction. The position is based in Irving, Texas and reports to the Senior Vice President, Regional Development Partner.

ESSENTIAL JOB RESPONSIBILITIES:   

• Responsible for the project financial proforma and its accuracy data backed assumptions thru the development process.
• Be the owner representative, driver of schedule and decision maker thru the design process (leading design meetings, setting plan & budget schedule dates, providing owner directives, maintaining city relationships, and delivering of building permit etc.) to ensure timely closings.
• Coordinate consultant contracts/proposals with design management input
• Review the production of capital offering memorandums and other ad hoc capital   requests. Lead potential capital site tours.
• Underwrite/review capital term sheets and recommend the best risk/reward option
• Oversee the closing process including working with SVP on loan and partnership documents
• Be the owner representative and a decision maker thru the construction process (sending out construction draws, reviewing change orders, attending owner/contractor meetings, communication with investors, assist asset management with reforecasting etc.)
• Coordinate with all JPI disciplines- Preconstruction, Construction, Asset Management, and Risk Management to ensure best outcomes.
• Mentor/grow supporting Development Associates.

KNOWLEDGE, EXPERIENCE & SKILLS

• A Bachelor’s Degree in Business Administration with a major in Finance, Accounting or Real Estate.
• Minimum of 7-9 years’ experience working in Real Estate development, multi-family development experience.
• Demonstrated experience in underwriting potential development opportunities, management of consultants and direct reports, working with municipalities/approval agencies, working with non-development disciplines (asset management, construction), working with legal teams and market analytics.
• Strong organization skills and the ability to manage multiple projects and priorities.
• Ability to think both strategically and tactically.
• Excellent problem-solving abilities.