Gilbane Inc

Executive Director, Development

Gilbane Inc$120K — $150K *
Real Estate & Construction
8 - 10 years of experience
Job Overview by Ladders

Qualifications

  • BS or MS in Real Estate, Business, Finance, Marketing, Civil Engineering, Architecture, or related field, or 10+ years of real estate development experience
  • Minimum of 8 years’ experience in real estate development with increasing responsibility
  • Proven success in structuring multifamily development transactions
  • Strong existing network among regional real estate professionals
  • Excellent verbal and written communication skills

Responsibilities

  • Identify real estate development opportunities and negotiate agreements
  • Develop and maintain contacts for potential project opportunities
  • Evaluate market and financial feasibility of projects
  • Prepare presentations for executive approvals
  • Collaborate with finance and manage consultants during transaction phases
  • Assist in obtaining entitlements and attend community approval meetings
  • Track project design through all phases

Benefits

  • Competitive health and welfare benefits
  • Generous profit-sharing/401k plan
  • Investment in employee education through Gilbane University
  • Top training organization in the construction industry
Full Job Description
Overview

Gilbane Development Company is seeking an experienced Executive Director, Development to serve as the local development partner for Gilbane in Charlotte, NC. This person is the representative of the Company responsible for contacting, meeting, and establishing new business relationships and opportunities for the purpose of identifying and structuring market rate multifamily transactions. The assignment will involve establishing and maintaining a marketing and sales plan to identify and secure development opportunities within the targeted geographic region.  The candidate must have permanent residence in the market. 

Responsibilities
  • Identify real estate development opportunities and negotiate letter of intent and purchase and sale agreements
  • Develop contacts and keep abreast of opportunities for potential projects
  • Evaluate the market and financial feasibility of proposed projects.
  • Prepare deliverables and presentations for internal Executive and Investment Committee approvals
  • Participate in the transaction phase of each project, including collaborating with the finance team to prepare proformas, evaluating due diligence materials and project feasibility, assisting with managing 3rd party consultants (civil, environmental, landscape, architect, MEP, etc.), engagement in the contractor selection and GMP negotiation, oversee 3rd party property management, lead the disposition efforts on each project
  • Assist in obtaining necessary entitlements/approvals, variances or any other community approval processes.  Attend zoning and city council meetings to present each project as required
  • Track the project design through concept, schematic, design development, and construction document phases
  • Assist the SVP and CFO with capital market activities, engaging with prospective equity and debt partners and conducting local market tours as needed
  • Attend monthly OAC meetings during construction, reviewing all owner change orders and monthly draw requests
  • Support the Director of Leasing during the lease up phase of the project
  • Generate a specified volume of business within an established time frame, keeping management apprised of current and anticipated market conditions, maintaining a strong network, and maintaining ongoing client relationships after project start-up. 
  • Regional and occasional outside region travel is required.
  • Maintain memberships and participate in organizations and events
Qualifications
  • BS or MS in Real Estate, Business, Finance, Marketing, Civil Engineering, Architecture, or related field, or an additional 10 years of real estate development experience
  • Minimum of 8 years’ experience with increasing levels of responsibility and proven success in real estate development transaction structuring
  • Demonstrated ability to complete multifamily development transactions in a supporting or leading role
  • Large network among real estate professionals within the region
  • Excellent communication skills, both verbal and written

 

Gilbane offers an excellent total compensation package which includes competitive health and welfare benefits and a generous profit-sharing/401k plan. We invest in our employees’ education and have built Gilbane University into a top training organization in the construction industry. Qualified applicants who are offered a position must pass a pre-employment substance abuse test.

About Gilbane Inc

Gilbane, Inc. is a construction and real estate development company headquartered in Providence, Rhode Island. The company was founded in 1873 and has grown to become one of the largest privately held family-owned construction and real estate development firms in the industry. Gilbane has over 3,000 employees and operates in 46 states and 15 countries. The company has worked on projects in a variety of industries, including healthcare, education, hospitality, and government.
Learn more about Gilbane Inc
Size
3,000 employees
Industry
Founded
1873

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