AvalonBay

Senior Director Development

AvalonBay$163K — $271K *
Real Estate & Construction
8 - 10 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree required
  • MBA or Master’s in Real Estate Development preferred
  • 10+ years of relevant real estate development experience
  • Proven track record managing multifamily and mixed-use projects
  • Strong financial modeling and investment analysis expertise
  • Successful navigation of entitlement processes
  • Exceptional relationship-building and negotiation abilities

Responsibilities

  • Identify and pursue new development opportunities
  • Evaluate project feasibility including financial and market analysis
  • Lead projects through all phases from planning to stabilization
  • Prepare investment recommendations for leadership
  • Build relationships with municipalities, stakeholders, and industry partners
  • Lead cross-functional teams in project execution
  • Negotiate with landowners and external partners to achieve project goals
  • Manage project budgets, schedules, and risks

Benefits

  • Comprehensive medical, dental, and vision coverage
  • 401(k) plan with company match
  • Generous paid vacation and company holidays
  • Exclusive housing discounts for team members
Full Job Description
Senior Director Development

Position Type:
Full time
Weekly Scheduled Hours:
40
State:
Texas
City:
Addison
Zip Code:
75001
Total Base Pay Range:
$163,100.00 - $271,800.00

The Role:

At Vivmark Residential, we create communities that enhance lives and shape the future of multifamily housing. We're seeking a strategic, entrepreneurial Senior Director of Development to lead the sourcing, planning, entitlement, and execution of multifamily and mixed-use development projects from initial pursuit through stabilization.

This is an opportunity for an experienced real estate development professional who thrives in complex environments, enjoys building relationships both inside and outside the organization, and has a track record of successfully bringing projects from concept to completion.

What You'll Do:

As a Senior Director, Development, you'll lead a portfolio of development opportunities while serving as a key representative of Vivmark Residential in the marketplace.

Key responsibilities include:
  • Identifying and pursuing new development opportunities within target markets
  • Evaluating project feasibility, including financial analysis, entitlement considerations, market dynamics, environmental factors, and overall investment viability
  • Leading development projects through planning, entitlement, design, approvals, construction, and stabilization
  • Preparing and presenting investment recommendations to senior leadership and approval committees
  • Building productive relationships with municipalities, elected officials, consultants, landowners, community stakeholders, and industry partners
  • Leading cross-functional teams consisting of Development, Construction, Design, Asset Management, Operations, and other internal partners
  • Negotiating with landowners, consultants, and external partners to advance project objectives
  • Managing project budgets, schedules, consultants, and development risks
  • Representing Vivmark Residential at public meetings, community forums, and industry events.


What We're Looking For:

Successful candidates will bring a combination of development expertise, business acumen, and leadership capability.

Preferred qualifications include:
  • Bachelor's degree required
  • MBA, Master's in Real Estate Development, or a related advanced degree preferred
  • 10+ years of progressively responsible real estate development experience
  • Proven experience managing multifamily, mixed-use, or large-scale commercial development projects
  • Strong financial modeling and investment analysis skills
  • Demonstrated success navigating entitlement processes and public approvals
  • Exceptional relationship-building, negotiation, and communication skills
  • Ability to work effectively with senior leaders, external stakeholders, and cross-functional teams
  • Experience independently sourcing, structuring, and executing complex real estate transactions is strongly preferred.


How Vivmark Supports You:

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

We offer:

  • A competitive benefits package that supports your health, financial well-being, and work-life balance, including medical, dental, and vision coverage, a 401(k) with company match, paid vacation and company holidays, and exclusive team member housing discounts.

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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