About this Opportunity:We are seeking a
Manager,Investments (Development), to join our regional office in Bethesda, Maryland. The Manager of Investments (Development) will be involved in all aspects of the development process including deal sourcing, networking, acquisition, underwriting, zoning/entitlements, design, permitting, construction, leasing negotiation and delivery. This individual will be responsible for supporting the team in making daily advancement of development projects and will encounter a variety of roles.
What You'll Be Doing:- Support the Investments Team in all aspects of their daily job responsibilities, including identifying potential acquisition and development opportunities and conducting outreach to prospects through research, cold-calling, attending networking events, etc.
- Assist with the development and redevelopment of shopping centers by supporting the managing the day-to-day development process.
- Work with internal teams and manage external resources throughout the project planning process.
- Define the entitlement path and interface with governmental agencies to obtain approvals.
- Provide analytical support in market evaluations, anchor tenant evaluations, land use and cost estimating.
- Assist operations department with projects that require development expertise.
- Develop and maintain industry relationships (e.g., with tenants, brokers, joint venture partners, etc.).
- Other special projects as necessary.
Are You Qualified?Required:
- Bachelor's degree in Business, Communications, Engineering, Planning, or related discipline from an accredited institution
- At least four (4) years of related work experience in commercial real estate to include development, leasing or brokerage work
- Extensive local market knowledge and local business network contacts
- Development, construction, leasing, due diligence, and underwriting and/or financial modeling experience
- Knowledge of development fundamentals; including the process, underwriting, design, entitlement, construction, and project management
- Intermediate proficiency using a personal computer and with MS Office software including Word, Excel, PowerPoint and Outlook as well as AI
- Intermediate spreadsheet and financial analysis skills
- Ability to travel within the region
* Regency Centers will not sponsor employment-based immigration petitions or applications for this position, including but not limited to H-1B, TN visa, or permanent residency.
Preferred:
- Master's Degree in Real Estate Development, MBA with Finance and real estate courses, or related field
- Membership in and actively attends local events with industry organizations (e.g., ICSC, ULI)
- Strong knowledge of commercial real estate and retail industries
- Intermediate proficiency using Adobe Acrobat or Bluebeam
Personal Traits We Value:- Strong organizational and project management skills
- Strong attention to detail and sense of urgency
- New business development, negotiation, cold-calling, and follow-up skills
- Self-motivated with a go-getter mentality, able to work independently, yet also able to collaborate with a team
- Analytical with quality decision making skills
- Strong communication skills (interpersonal savvy, presentation skills, precise verbal & written communication)
- Profit mentality with a drive for results
- Operates with sense of integrity and can maintain high level of professionalism
Benefits: Our compensation and benefits package is very competitive and includes the following benefits and more. For additional information visit www.regencycenters.com/careers.
Work/Life Balance
- 23+ PTO days annually
- 11 paid holidays (in addition to PTO)
- Paid leave programs (parental, compassion, bereavement, jury duty, and military)
- Health Advocacy + Employee Assistance Program (EAP)
Financial Security
- 401(k) with a generous company match of up to $5,000 annually plus corporate profit sharing
- Anniversary stock grant awards of up to $1,000
- Health Savings Account (HSA), Health Care FSA, and Dependent Care FSA
- 100% company paid Life Insurance/AD&D and Disability Insurance
- Voluntary benefits (supplemental life/AD&D, critical illness, accident, hospital indemnity, and identity theft)
- Student loan repayment resources
Health and Wellness
- Medical, Dental and Vision Insurance
- Award winning and incentives-based wellbeing program through Personify Health
- Family planning, mental health, and pain management programs
Community Focused
- 52 hours per year of paid Volunteer Time Off
- Company gift matching
Growth and Development
- Tuition reimbursement
- Continued education opportunities
- LinkedIn Learning premium subscription
- Professional membership support
- Employee Resource Groups
*Maryland Residents: Regency Centers carefully considers multiple factors to determine compensation, including a candidate's education, training, and experience. The Maryland hiring salary range for the Manager, Investments (Development) position is between $175,000 and $190,000 annually. The base salary is just one component of the total rewards package offered to our employees, including eligibility for a 20% target bonus opportunity. The compensation that is offered to a successful candidate will depend on the candidate's skills, qualifications, and experience.
