Experience in multifamily, medical, educational, or industrial development is preferred
Strong verbal and written communication skills
Excellent interpersonal abilities
Strong analytical and quantitative skills
High proficiency in real estate underwriting and finance concepts
Responsibilities
Lead development planning and strategy execution
Locate and pursue new development opportunities
Analyze development project opportunities
Develop financial pro formas for projects
Collaborate with Finance on project financing and provide updates
Manage the pre-entitlement process for projects
Ensure adherence to development budgets and project schedules
Negotiate contracts and joint venture agreements
Manage third-party consultants throughout the development lifecycle
Cultivate relationships with key stakeholders to source funding and opportunities
Benefits
Bonus plan
401(k) plan
Paid time off (PTO)
Certification training
Comprehensive health, dental, and vision insurance
Life, long-term and short-term disability insurance
Company-issued cellphone and computer
Financial and mental health support via third party
Travel and entertainment discount program
Full Job Description
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
Benefits
We 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
