The Senior Vice President of Development (SVPD) is responsible for the creation of pipeline and the execution of Milhaus multi-family development projects in the Florida Region. This instrumental leader works with the overall Milhaus team to deliver Milhaus projects on time, on budget, leased, and at quality. The SVPD uses keen knowledge of the market(s), management, problem solving, critical thinking, and analytical skills in order to manage a team and a range of specific projects to grow the portfolio of Milhaus Development.
This role is preferably based either in Orlando or Tampa; or relocation to one of those cities.- Creates annual market and regional business plans/budgets to include specific market strategies, product-type focus, and gaps in inventory; defines pipeline goals by timing, unit/production, and dollar volumes; sets pre-stabilized lease-ups and budget goals; supports corporate initiatives of the region/market and creates staffing plans.
- Owns and leads all business development efforts for the region-sourcing and securing new opportunities, advancing sites through entitlements, and building a high-quality pipeline that meets or exceeds market growth targets. Collaborates with the team to create each project vision and ensure the implementation and execution of the project details from the pre-development phase to the lease-up of the project.
- Serves as a representative on the Milhaus Regional Leadership Team ("RLT")
- Ensures the development project team within the specified region attends regular project meetings in concert with the contractors and design teams until construction commences.
- Ensures finance packages, market studies, proposals, and RFP's/RFQ's are accurate and timely by working with other team members.
- Prepares and drives the project's investment committee process and ensures that it stays at or above approved financial returns with responsibility through construction turnover.
- Keeps approved projects on track for the budgeted start date.
- Ensures seamless handoff of projects from development to construction to property management/asset management.
- Operates within the policies and procedures of the Milhaus development department and works in congruence with the Milhaus Design Development Team to establish and uphold the development program and building standards on all projects.
- Works with Development Associates, Managers, analysts, and other Milhaus staff to ensure that all dashboards, reports, budgets, and proformas are accurate and timely.
- Establishes and maintains key relationships with market professionals, municipalities, economic development officials and development and capital partners.
- Represents and promotes the Milhaus brand in public forums, industry events, speaking engagements, podcasts, and other thought leadership pieces.
- Active brand ambassador for Milhaus and highly engaged in the community, political arena, and local, regional, and national industry organizations.
- Presents projects and/or capital requests to the investment committee for approval.
- Other duties as assigned.
Requirements
- A bachelor's degree or equivalent, ideally specializing in Business, Real Estate, Architecture, Landscape Architecture, or Urban Planning.
- Advanced degree is preferred in law, urban planning, or business.
- Significant work experience in real estate development, investment, planning, or construction, with direct multi-family experience preferred.
- Proven track record of leading multiple multifamily development projects from inception through stabilization. .Demonstrated experience managing and negotiating complex real estate transactions and contracts.
- Prior direct people management experience required, with a strong ability to lead and develop teams..
- Must be able and willing to travel up to 50% of the time.
Benefits- Health, Vision, & Dental insurance
- HSA account with employer match of $500/FSA for dependent care
- Short-Term Disability
- Company Paid Long-Term leave
- Disability and Life Insurance
- 401K Match
- 4 weeks accrued PTO
- 11 Paid Holidays
- 30% discounts on apartments
- Tuition/Certification Reimbursement
- Wellness Bucks Program
- Wellness Program and Competitions
- Paid Maternity & Paternity Benefits
- Employee Assistance Program
- Pet insurance
- More!
