We're looking for a Director of Development
Based in Austin, TX Full-Time HybridJoin a fast-growing real estate investment and development platform that's scaling across high-growth U.S. markets with disciplined execution, strong capital partnerships, and an ambitious development pipeline.
The RoleWe're seeking an experienced
Director of Development to play a central role in executing active development projects while helping source, evaluate, and structure new investment opportunities.This is a senior, hands-on role with responsibility across the full development and investment lifecycle-from underwriting and deal structuring to entitlement, construction, and stabilization. You'll work closely with senior leadership on strategy, capital formation, and project delivery, while acting as a key driver of execution across multiple initiatives.
What You'll DoDevelopment & Execution
- Lead development projects from acquisition through entitlement, design, construction, and stabilization or disposition
- Oversee budgets, schedules, consultants, and construction teams to ensure disciplined execution
- Manage due diligence, feasibility analysis, and risk assessment across active projects
Investment & Underwriting
- Evaluate new investment opportunities and lead underwriting and financial modeling
- Assess returns, capital structures, and development feasibility across multiple asset classes
- Contribute to investment committee materials and internal decision-making
Capital & Partnerships
- Support equity and debt capital relationships, including joint ventures and co-GP structures
- Assist in structuring and negotiating partnership agreements
- Work alongside leadership on capital formation and investor-facing materials
Strategy & Asset Management
- Contribute to portfolio-level strategy, asset management decisions, and exit planning
- Develop market-level insights and support long-term investment strategy
What We're Looking ForMust-haves:- 7-10 years of experience in U.S. real estate investing and development
- Hands-on experience across acquisitions and ground-up development
- Advanced underwriting and financial modeling capabilities
- Direct experience managing projects through the full development lifecycle
- Strong understanding of real estate financing, equity raises, and joint venture structures
- Ability to manage multiple initiatives independently in a fast-paced environment
- Excellent written, verbal, and presentation skills
Bonus points for:- Existing relationships with U.S.-based private capital (HNWIs, family offices, institutional partners)
- Experience in Sunbelt markets, especially Texas
- Background at a private real estate firm, developer, or owner-operator
Why Join Rastegar- Competitive base salary
- Annual performance-based bonus
- Long-term incentive participation tied to deal performance and value creation
- High-impact, leadership-level role with visibility across the platform
- Opportunity to help shape and scale a growing development pipeline
Ready to Join the Rastegar Team?We'd love to hear from you. You can apply in one of the following ways:
• Send your resume (in English) to with the subject:
"Director of Development - [Your Name]"• Apply through our hiring platform:
Trakstar
