Development Manager

Job summary

This position requires three to five years of professional experience, with at least one year of experience in the real estate development industry or a related field.  A DM must understand all financial aspects of a real estate development project and be capable of detailed budget and schedule tracking and forecasting.  The DM will be responsible to direct internal team members and external consultants to meet business plan objectives for at least one development project.  Development Managers must maintain high standards of quality through all steps of the company’s disciplined development and reporting processes.  This role requires professionalism in interfacing with government officials, financial institutions, investors, and other key stakeholders. Because much of the work performed by a DM will receive minimal direct supervision, leadership skills, good decision-making, and initiative are essential.

Responsibilities
  • Provide leadership and motivation to all members of the project team to achieve its objectives.
  • Manage overall development process with minimal supervision for multiple projects, including:
    • Due diligence
    • Design
    • City entitlements
    • Financing
    • Construction, in coordination with an internal Construction Manager
    • Procurement of owner-supplied items
    • Transition to operations
  • Regular professional reporting to investors and key company personnel.
  • Proactive, detailed management of budget, schedule, and other administrative aspects of development projects.
  • Directly manage at least one project.
  • Assist other Development Managers as assigned.
Qualifications
  • Bachelor’s degree in Finance, Business, Construction, Engineering, Planning, or Architecture. An MRED is a qualified degree.
  • Three-five years of work experience, with at least one year in a related field.
  • Demonstrate the ability to lead, and work with a team.
  • Ability to understand and interpret proforma financial statements, manage budgets and report thereon.
  • Some travel may be required.

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