Development Director (Real Estate)

ESSENTIAL FUNCTIONS

• Strategic vision: Help analyze and define long-term development strategy, identify emerging market opportunities, and set tactical objectives for the real estate department.
• Acquisition & feasibility: Lead the sourcing of new sites and conduct thorough financial analysis, including pro-forma modeling and risk assessments, to determine project viability.
• Entitlements & approvals: Manage the entitlement process, including public approvals, zoning actions, and permitting with governing bodies.
• Financial management: Secure project financing through lenders or investors, manage capital budgets, and monitor expenditures to prevent cost overruns.
• Stakeholder management: Build and maintain relationships with key partners, including architects, public officials, lenders/investors, and other stakeholders.
• Operational leadership: Mentor internal development team members, establish goals, and drive accountability.
• Asset/portfolio management: Support management of existing assets/LLC structures and coordinate with accounting on reporting and ongoing administration.

BASIC QUALIFICATIONS

• Education: Bachelor’s degree in Real Estate, Business Administration, Construction Management, Finance, or a related field required. Master’s degree (MBA or MSRE) preferred.

REQUIRED QUALIFICATIONS

• Negotiation: Critical for closing land deals, securing favorable construction contracts, and finalizing lease agreements.
• Financial Acumen: Deep knowledge of real estate finance, accounting, and tax laws to manage complex investment structures.
• Regulatory Expertise: Thorough understanding of local building codes, zoning laws, and environmental standards.
• Strategic Thinking: Ability to interpret market data and demographic trends to design projects that meet future demand.