Sunrise Senior Living, Inc

Director of Real Estate Development - Senior Living

Sunrise Senior Living, Inc$177K — $221K *
Real Estate & Construction
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree required; MBA or advanced degree preferred
  • 6+ years of real estate development and finance experience
  • Proven leadership of multi-phase projects from acquisition to stabilization
  • Expertise in financing structures and entitlement processes
  • Strong financial modeling and analytical skills
  • Excellent executive communication and public speaking abilities
  • Advanced proficiency in Excel and Word

Responsibilities

  • Evaluate land acquisitions and build detailed pro formas
  • Lead site selection, due diligence, and market analyses
  • Oversee development budgets, operating pro formas, and financial structuring
  • Manage financing applications (debt, equity, bond) and closings
  • Direct entitlement, zoning, and permitting strategies
  • Coordinate architects, consultants, and construction oversight
  • Monitor lease-up performance in partnership with Operations
  • Present project updates to executive leadership and the Board

Benefits

  • Medical, Dental, Vision, Life, and Disability Plans
  • Retirement Savings Plans
  • Employee Assistance Program / Discount Program
  • Paid time off (PTO), sick time, and holiday pay
  • myFlexPay to get paid within hours of a shift
  • Tuition Reimbursement
  • Potential for discretionary and non-discretionary bonuses
Full Job Description
As Director, Development, you lead the full lifecycle of new community developments and major capital projects-advancing Sunrise's growth strategy from site selection through stabilization.

What You'll Do:
• Evaluate land acquisitions and build detailed pro formas
• Lead site selection, due diligence, and market analyses
• Oversee development budgets, operating pro formas, and financial structuring
• Manage financing applications (debt, equity, bond) and closings
• Direct entitlement, zoning, and permitting strategies
• Coordinate architects, consultants, and construction oversight
• Monitor lease-up performance in partnership with Operations
• Present project updates to executive leadership and the Board
• Ensure compliance with regulatory and financing requirements

You play a key role in delivering projects on time, within budget, and aligned with long-term strategic objectives.

What We're Looking For:
• Bachelor's degree required; MBA or related advanced degree preferred
• 6+ years real estate development and finance experience
• Proven leadership of multi-phase projects from acquisition to stabilization
• Expertise in financing structures and entitlement processes
• Strong financial modeling and analytical skills
• Excellent executive communication and public speaking abilities
• Advanced proficiency in Excel and Word

Director Development - Drive Strategic Growth and Expansion
Director Development | Real Estate Development | Growth Strategy
Pay Range:
177,280.00 - 221,600.00

We also offer benefits and other compensation that include:
  • Medical, Dental, Vision, Life, and Disability Plans
  • Retirement Savings Plans
  • Employee Assistant Program / Discount Program
  • Paid time off (PTO), sick time, and holiday pay
  • myFlexPay offered to get paid within hours of a shift
  • Tuition Reimbursement
  • In addition to base compensation, Sunrise may offer discretionary and/or non-discretionary bonuses. The eligibility to receive such a bonus will depend on the employee's position, plan/program offered by Sunrise at the time, and required performance pursuant to the plan/program.
  • Some benefits have eligibility requirements

About Sunrise Senior Living, Inc

Sunrise Senior Living, Inc. is a provider of senior living services. The Company's senior living services are provided through its portfolio of senior living communities located in the United States, Canada and the United Kingdom. The Company offers a range of personalized senior living services, including independent living, assisted living, care for individuals with Alzheimer's and other forms of memory loss, as well as nursing and rehabilitative services. The Company operates through two segments: Sunrise and Gracewell. The Sunrise segment includes the Company's communities in the United States and Canada, excluding management services. The Gracewell segment includes the Company's communities in the United Kingdom. The Company offers a range of senior living services, including independent living, assisted living, care for individuals with Alzheimer's and other forms of memory loss, as well as nursing and rehabilitative services.
Learn more about Sunrise Senior Living, Inc
Size
32,000 employees
Industry
Founded
1981

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