Development Manager

Denton Floyd Real Estate Group

$70K — $95K *
Real Estate & Construction
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in real estate, finance, construction management, or related field.
  • 4-7 years of experience in real estate development or closely related discipline.
  • Experience managing or contributing to projects across multiple development phases.
  • Strong financial modeling and underwriting skills; proficient in Excel.
  • Knowledge of entitlements, due diligence, and construction processes.

Responsibilities

  • Identify off-market land opportunities and negotiate letters of intent.
  • Build and maintain development pro formas and analyze project budgets.
  • Manage entitlement processes and coordinate with municipalities and consultants.
  • Support financing efforts and coordinate loan closings during construction.
  • Serve as the development-side contact with contractors throughout the construction phase.

Benefits

  • Medical, dental, and vision insurance.
  • 401(k) retirement plan with company match.
  • Paid time off and company holidays.
  • Professional development support with growth opportunities.
Full Job Description
Position Summary

We are seeking a Development Manager to join our Development team and help drive projects across our pipeline from initial concept through stabilization.

This is a generalist, asset-agnostic role responsible for managing the full development lifecycle across a range of product types - including multifamily, mixed-use, senior living, and other opportunities as they arise. The Development Manager will own day-to-day execution on assigned projects: coordinating feasibility and underwriting, advancing entitlements and design, supporting financing, and overseeing delivery in partnership with our construction, design, and capital markets teams. This is an individual-contributor role suited to a hands-on professional with 4-7 years of real estate development experience who is ready to manage their own projects end-to-end.

Key Responsibilities

Land Acquisition
• Identify land opportunities on and off-market via Broker connections
• Negotiate Letter of Intent
• Coordinate with internal design team for conceptual plans
• Assist in negotiations of Purchase and Sale Agreement

Feasibility & Underwriting
• Build and maintain development pro formas, underwriting models, and project budgets; analyze returns and sensitivities to support go / no-go decisions.
• Conduct and coordinate market studies, site due diligence, and feasibility analysis, including zoning, title, survey, environmental, and utility review.
• Prepare investment memos and recommendations for internal review and capital partners.

Entitlements, Design & Pre-Development
• Manage the entitlement process: rezoning, variances, site plan approvals, and permitting, working with municipalities, consultants, and legal counsel.
• Coordinate the design team (architects, civil, structural, MEP, and landscape) to advance plans from concept through construction documents.
• Lead pre-development scheduling, consultant scoping and contracting, and budget tracking through the design phases.

Capital & Financing Coordination
• Support debt and equity financing efforts in partnership with the Capital Markets team, including lender / investor packages and closing checklists.
• Coordinate loan closings and equity contributions and manage draw processes and lender reporting during construction.
• Track project capitalization, sources and uses, and funding milestones against the development budget.

Construction & Delivery Oversight
• Serve as the development-side point of contact with Forge Construction and other general contractors throughout construction.
• Participate in OAC meetings; track schedule, budget, change orders, RFIs, and submittals against the development plan.
• Monitor project critical path and proactively manage risks, escalating issues that threaten schedule, budget, or quality.

Stabilization & Cross-Functional Coordination
• Coordinate hand-off to property management and lease-up / stabilization teams, including marketing and operational readiness.
• Maintain accurate project records, reporting, and dashboards; provide regular status updates to leadership and stakeholders.
• Partner across Development, Construction, Capital Markets, Vector Design, and Preconstruction to keep projects aligned and on track.

Requirements

Qualifications

Required
• Bachelor's degree in real estate, finance, business, construction management, urban planning, civil engineering, architecture, or a related field.
• 4-7 years of progressive experience in real estate development, development management, or a closely related discipline (e.g., real estate finance, construction management, or capital markets).
• Demonstrated experience managing or substantially contributing to projects across multiple phases of the development lifecycle.
• Strong financial modeling and underwriting skills, including development pro formas and return analysis (Excel proficiency required).
• Working knowledge of entitlements, due diligence, design coordination, and construction processes.
• Excellent project management, organizational, and communication skills, with the ability to manage multiple projects and deadlines simultaneously.

Preferred
• Experience across more than one product type (multifamily, mixed-use, senior living, commercial, or similar).
• Familiarity with debt and equity structures, lender draw processes, and investor reporting.
• Exposure to affordable / LIHTC financing or other public-private structures a plus.
• Experience with project management or construction software (e.g., Procore) and relevant local-market entitlement experience in the Louisville / Southern Indiana region.
• Master's degree (MBA, MRED, or similar) or relevant professional credential.

Core Competencies
• Ownership & Accountability - takes full responsibility for assigned projects and outcomes.
• Analytical Rigor - grounds decisions in sound financial and market analysis.
• Cross-Functional Collaboration - works effectively across internal divisions and external partners.
• Problem Solving - anticipates risks and drives practical, timely solutions.
• Communication - conveys complex information clearly to leadership, partners, and consultants.
• Adaptability - manages shifting priorities across diverse project types and phases.

Benefits

Compensation & Benefits

Denton Floyd Real Estate Group offers a competitive compensation package commensurate with experience, including base salary and performance-based bonus potential. Our benefits include:
• Medical, dental, and vision insurance.
• 401(k) retirement plan with company match.
• Paid time off and company holidays.
• Professional development support and opportunities for growth across a vertically integrated platform.

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