AvalonBay

Director / Sr. Director Development

AvalonBay$163K — $271K *
Real Estate & Construction
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • 7+ years in real estate development
  • Direct experience managing development deals
  • Strong understanding of entitlements and financial underwriting
  • Proven ability to manage internal stakeholders and external consultants
  • Comfortable working at both strategic and detailed operational levels
  • Bachelor's degree required; MBA or Master's in Real Estate is a plus
  • LEED or other industry certifications are a plus

Responsibilities

  • Own the project lifecycle from evaluation to stabilization
  • Build and evaluate feasibility across various domains
  • Prepare investment materials for internal approvals
  • Manage contracts and overall deal strategy
  • Deliver monthly project updates
  • Manage architects, engineers, and other consultants
  • Oversee vendor selection and ensure performance
  • Run cross-functional asset teams across departments
  • Navigate the entitlement process with municipalities and stakeholders
  • Identify and advance new development opportunities

Benefits

  • Comprehensive health, dental, and vision benefits
  • 401(k) with company match
  • Paid vacation and holidays
  • Tuition reimbursement
  • Employee stock purchase plan
  • Growth opportunities based on achievement
  • Company-wide associate recognition programs
  • 20% discount on apartment homes
  • Culture focused on integrity, caring, and continuous improvement
Full Job Description
Job Description
Director / Sr. Director Development

Position Type:

Weekly Scheduled Hours:

40
State:

North Carolina
City:

Charlotte
Zip Code:

28226
Total Base Pay Range:

$163,100.00 - $271,800.00

The Role:

This role has two salary ranges, depending on the level at which the candidate is hired:

Development Director: $132,600 - $221,000

Senior Development Director: $161,300 - $271,800

We re looking for a Development Director / Senior Development Director to lead multiple multifamily and mixed-use projects from initial deal evaluation through stabilization. This is a hands-on role owning the full lifecycle feasibility, entitlement, design, execution, and delivery.

You ll work across internal teams and external partners to move deals forward, manage risk, and drive projects to successful outcomes.

What You ll Do:

Own the project lifecycle

  • Lead projects from site evaluation through stabilization
  • Build and evaluate feasibility: entitlements, market, financials, environmental and engineering
  • Prepare investment materials and recommendations for internal approvals (MIC)
  • Manage contracts, risk, and overall deal strategy
  • Deliver clear monthly project updates


Drive execution through partners

  • Manage architects, engineers, planners, and other consultants
  • Lead design process and ensure deliverables hit scope, schedule, and budget
  • Oversee vendor selection and performance at an executive level


Lead cross-functional teams

  • Run asset teams across Development, Construction, Design, and Operations
  • Align stakeholders and keep projects moving


Navigate entitlements

  • Own the entitlement process end-to-end
  • Work directly with municipalities, land use attorneys, and consultants
  • Participate in hearings and approvals, manage timelines and risk


Source new deals

  • Identify and help advance new development opportunities


What You Bring

  • ~7+ years in real estate development
  • Direct experience running development deals not just supporting
  • Strong understanding of entitlements, financial underwriting, and project execution
  • Proven ability to manage consultants, vendors, and internal stakeholders
  • Comfortable operating at both strategy level and in the weeds


Education

  • Bachelor s required
  • MBA or Master s in Real Estate (or similar) is a plus


Nice to have

  • LEED or other industry certifications


How AvalonBay Supports You:

We know that our teams are the beating heart of our success and we re committed to showing our appreciation.

We offer:

  • Comprehensive benefits health, dental and vision, 401(k) with company match, paid vacation and holidays, tuition reimbursement, an employee stock purchase plan and more. Click on Benefits (https://jobs.avalonbay.com/benefits) for information.
  • Growth based on achievement and promotion from within.
  • Associate recognition (a company-wide recognition program that celebrates associate efforts and successes in contributing to the overall success of the organization including destination awards, AvalonBay s Very Best recognition program and others!).
  • A 20% discount on our incredible apartment homes.
  • A culture built on purpose and our core values - A Commitment to Integrity, A Spirit of Caring, and A Focus on Continuous Improvement.

Additional Info:

Applications are being accepted on an ongoing basis.

About AvalonBay

AvalonBay Communities, Inc. is a publicly traded real estate investment trust focused on developing, redeveloping, acquiring and managing high-quality apartment communities in high barrier-to-entry markets of the United States. These markets are located in the Northeast, Mid-Atlantic, Pacific Northwest and Northern and Southern California regions of the country. AvalonBay was founded in 1978 and is headquartered in Arlington, Virginia.
Learn more about AvalonBay
Size
2,927 employees
Market Cap
$22.6 billion
Industry
Net Income
$827.6 million
Founded
1978
5 Year Trend
+2.3%
Revenue
$2.3 billion
NASDAQ

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