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Associate Development Manager

Salary
Competitive
Employment
Full Time
Work Place
Office
Real Estate Field
Location
Charlotte
 NC
Postal Code
28205
Country
United States

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Description


COMPANY OVERVIEW:
Our client is a leading, privately held commercial real estate company that specializes in the development of
multifamily, mixed-use and student housing projects across the United States. Founded in 1999, the firm has
developed over 7 million square feet of improvements representing over $3 billion of asset value. The
company also manages a newly formed equity fund that invests in projects alongside its institutional capital
partners. Our client is headquartered in suburban Philadelphia, with regional offices in Atlanta and Hanover.

POSITION OVERVIEW:
The individual will enhance the Company’s development capacity in the Northeast and Southeast US. This
person will be involved in every stage of the development cycle for market rate multi-family housing and
student housing projects.

The initial procurement stages for multi-family transactions include financial analysis and due diligence of
land acquisitions being considered for development. For on-campus student housing opportunities, initial
procurement often includes responding to RFPs by colleges & universities for the development of needed
residential halls and other auxiliary uses for our client’s long-term ownership and management.

After successful project procurement, this individual’s responsibilities will include refinement of financial
underwriting and managing the development process (e.g., assembling project design/engineering teams,
programming, design coordination, entitlements, construction activities, and working closely with the client’s
asset management team). Projects will typically be ground-up or redevelopment opportunities in urban or
suburban communities of growth.

The position represents a unique opportunity to work closely with company’s Vice President of Development
and leadership to advance a career in real estate. The right candidate will be detailed, process-oriented,
organized, thoughtful, a problem solver, good communicator, collaborator and excited to contribute to the
company’s transformative growth.

RESPONSIBILITIES:
  • Analyze project feasibility based on the goals of the development
  • Responsible for day-to-day project management through all phases of development, including procurement, entitlements, design and construction
  • Assemble and coordinate the design, engineering & construction teams and attend regular site visits and construction meetings to ensure on-schedule and on-budget delivery
  • Assist in proposal writing efforts for on-campus student housing (as needed)
  • Participate in financial analysis and structuring of transactions with assistance and supervision of our clients' underwriting team and legal counsel
  • Prepare and maintain pre-development & development budgets and construction draws
  • Navigate site plan and permitting processes with various public entities (including zoning, land use, traffic, stormwater, and others as required)
  • Negotiate and manage contracts with third-party vendors
  • Prepare internal and external monthly/quarterly reports pertaining to project status and asset performance

QUALIFICATIONS / SKILLS:
  • Bachelor’s or master’s degree in Real Estate, Construction Management, Engineering, Finance, Urban Planning, Architecture, or related field
  • 3+ years real estate development experience, preferably in multi-family housing. Client will consider candidates in a related field depending on individual’s qualifications
  • Ability to travel frequently
  • Strong quantitative & analytical skills and an understanding of how to create, interpret and analyze detailed financial analyses
  • Ability to multitask, meet deadlines and communicate effectively with internal and outside consultants, vendors, and stakeholders
  • Well organized with attention to detail and strong negotiation skills
  • Strong writing and presentation skills
  • Proficient in Microsoft Excel, PowerPoint, and Word
 
 

Experience


5+ to 7 years


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Development Government/Education Charlotte Full Time NC Development, Planning/Entitlement, Underwriting Associate Development Manager other