Development Manager to lead the execution of the company's development and new construction strategy, identifying and managing projects across Illinois, Tennessee, North Carolina, and Arizona.
Duties for Development Manager include:
- Leading Development planning and strategy
- Locating and Pursuing development opportunities
- Review and Analysis of development project opportunities
- Develop pro formas
- Working with the Managing Director of Finance in project financing, and reviewing and providing progress updates on project opportunities, construction and lease-up
- Manage the pre-entitlement process
- Ensuring pro-forma development budgets and schedules are met
- Negotiate or assist in the negotiation of contracts, term sheets, loan documents and joint venture agreements
- Manage third party consultants to identify, entitle, design, finance, lease, manage and dispose of new development projects
- Develop and analyze funding options and strategies
- Source new development opportunities through developing and maintaining relationships with key stakeholders including brokers, land sellers, equity partners and lenders to identify feasible, financeable, and profitable new initiatives
Requirements- 5+ years of real estate development experience
- Deep and broad experience in multifamily, medical, educational or industrial development is preferred
- Dynamic verbal and written communication skills and strong interpersonal abilities
- Strong analytical and quantitative skills
- High proficiency with real estate underwriting and real estate finance concepts
BenefitsWe offer:- Annual Salary Range: $100,000 - $130,000
- Bonus Plan
- 401(k)
- PTO
- Certification Training
- Health, Dental, Vision, Life, Long-Term and Short-Term Disability Insurance
- Company cellphone and computer
- Financial and Mental Health Support through a third party
- Travel and Entertainment Discount Program
