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Development Manager

20/20 Foresight Executive Search

This is a Contract position in Austin, TX posted May 18, 2022.

CompanyOur client is a leading real estate investment, development, and property management platform with a $1.3 Billion portfolio of multi-family assets across the Western United States.

They build and operate leading-edge apartment communities that inspire their residents through design, innovation, and sustainability.

Backed by long-term investors, the focus is on expanding the multi-family portfolio through value-add acquisitions and ground-up development in markets demonstrating strong employment fundamentals, relative affordability, and high quality of life.LocationIdahoRoleUnder the direction of the Vice President, the Development Manager will be responsible for overseeing the day-to-day real estate development activities of the company.

This position is based near Boise, ID with 50% travel.ResponsibilitiesDaily responsibilities include, but are not limited to:
● Perform feasibility analyses of potential projects in close collaboration with the Acquisitions and Investment teams.

Help inform and oversee the program and project strategy.
● Secure zoning and government entitlements required for development.
● Interface with government agencies, neighbors, and other project stakeholders.
● Lead the oversight and management of the external project team, e.G., architect & engineers, general contractors, attorneys, environmental consultants, utility companies.
● Prepare and maintain pre-development and development budgets, and project schedules.
● Assist with the preparation of construction financing applications.
● Interview and select design teams, general contractors, and project vendors.
● Negotiate and execute design, construction, and development agreements.
● Assist in construction administration, quality control and financial reporting.
● Prepare capital calls, draw requests, and financials for equity and lending institutions.

Qualifications
● MBA, MRED, MArch or related strongly, preferred.
● Real Estate Development, Finance, Design or Construction experience.
● Ability to understand and review construction documents.
● Self-motivated with a strong work ethic, follow-through, and accountability for results.
● Ability to thrive in a multi-tasking, fast-paced, entrepreneurial environment,
● Strong quantitative abilities with knowledge of financial modeling.
● Strong leadership and problem-solving capabilities.
● Superb written and verbal communication skills, including presentation skills.