Macdonald & Company is partnered with a private equity, vertically integrated real estate management and development company of mid-rise multifamily assets. They're seeking a Vice President of Development, with a track record in managing Multifamily developments through the entire development life-cycle.
POSITION OVERVIEW
The Vice President of Development is responsible for executing all functions of multifamily development with a focus on pursuing new development opportunities, obtaining entitlements, due diligence, managing the design process, development schedule, project level financial analysis, and overall management of the development process. The Vice President of Development is expected to successfully collaborate with team members and manage multifaceted tasks for multiple projects with short deadlines, including working with the construction team in reviewing each phase of the construction cycle and managing specifications.
DUTIES & RESPONSIBILITIES
- Oversee all facets of the real estate development process from inception to stabilization including acquisition, entitlements, planning, design, permitting, construction, and lease-up.
- Pursue and underwrite new development opportunities and conduct development due diligence
- Prepare, maintain, and monitor project budgets and prepare monthly development reports
- Prepare and maintain project level financial projections and analyses
- Manage zoning, entitlement, and permitting activities
- Manage product and design specifications and all design drawings from concept through permitting
- Review and analyze all project design plans to drive quality and cost effectiveness
- Negotiate consultant’s contracts and change orders
- Conduct general construction site visits
- Participate in development meetings
- Oversee coordination with the architect, engineer, landscape architects, interior designers, finance, operations, construction, development managers, and development associates.
- Provide leadership, mentoring, and directly manage two or more employees
QUALIFICATIONS
- Bachelor’s degree in Business, Finance, Real Estate, or other related field
- MBA, MSRE or Master’s Degree with applicable concentrations preferred
- A minimum of Ten years’ experience of significant experience in real estate development, land development, and project management with an emphasis on multi-family
- Demonstrated ability to build and direct effective teams to manage major development projects
- Ability to manage several projects simultaneously through self-motivation, high energy, flexibility, and excellent organizational skills
- Strong Quantitative skills, follow-through, deductive reasoning, intellectual curiosity, and a penchant for action
