Description
COMPANY OVERVIEW:
Our client is seeking a highly motivated individual to join their real estate development team as a Development Manager. Our client is a leading, privately held real estate company that specializes in the development of multi-family, mixed-use and student housing projects across the east coast. Founded in 1999, the firm has actively developed real estate projects valued at over $3 billion.
POSITION OVERVIEW:
The firm has actively developed real estate projects valued at over $3 billion.
The individual will enhance the Company’s development capacity in the Northeast and Southeast US. This person will be involved in every stage of the development cycle for market rate multi-family housing and student housing projects.
The initial procurement stages for multi-family transactions include financial analysis and due diligence of land acquisitions being considered for development. For on-campus student housing opportunities, initial procurement often includes responding to the firms by colleges & universities for the development of needed residential halls and other auxiliary uses for our client’s long-term ownership and management.
After successful project procurement, this individual’s responsibilities will include refinement of financial underwriting and managing the development process (e.g., assembling project design/engineering teams, programming, design coordination, entitlements, construction activities, and working closely with the client’s asset management team). Projects will typically be ground-up or redevelopment opportunities in urban or suburban communities of growth.
The position represents a unique opportunity to work closely with company leadership and become a well-rounded developer. The right candidate will be detailed, process-oriented, organized, thoughtful, a problem solver, good communicator, collaborator and excited to contribute to the company’s transformative growth.
RESPONSIBILITIES:
- Analyze project feasibility based on the goals of the development
- Responsible for day-to-day project management through all phases of development, including procurement, entitlements, design and construction
- Assemble and coordinate the design, engineering & construction teams and attend regular site visits and construction meetings to ensure on-schedule and on-budget delivery
- Assist in proposal writing efforts for on-campus student housing (as needed)
- Participate in financial analysis and structuring of transactions with assistance and supervision of our clients' underwriting team and legal counsel
- Prepare and maintain pre-development & development budgets and construction draws
- Navigate site plan and permitting processes with various public entities (including zoning, land use, traffic, stormwater, and others as required)
- Negotiate and manage contracts with third-party vendors
- Prepare internal and external monthly/quarterly reports pertaining to project status and asset performance
QUALIFICATIONS / SKILLS:
- Bachelor’s or master’s degree in Real Estate, Construction Management, Engineering, Finance, Urban Planning, Architecture, or related field
- 6+ years real estate development experience, preferably in multi-family housing
- Ability to travel frequently
- Strong quantitative & analytical skills and an understanding of how to create, interpret and analyze detailed financial analyses
- Ability to multitask, meet deadlines and communicate effectively with internal and outside consultants, vendors, and stakeholders
- Well organized with attention to detail and strong negotiation skills
- Strong writing and presentation skills
- Proficient in Microsoft Excel, PowerPoint, and Word
Experience
7+ to 10 years
This job is no longer active.