Director / Sr. Director Development

Vivmark Residential exists to set the mark for what home can be. Formed through the merger of AvalonBay Communities and Equity Residential, Vivmark brings together two industry leaders with a shared commitment to excellence, innovation, and delivering exceptional living experiences. Our vision is to be the most trusted and best-performing rental housing company in America—one that continues to get better as it grows.

As an owner, developer, and manager of more than 180,000 apartment homes in major markets across the US, we have the scale to offer something most companies can’t. At Vivmark, team members move up and across functions, markets, and disciplines, building lasting careers. We invest in team members’ growth, development, and capabilities that make them and us better, and we hold ourselves to the highest standard as an employer.

About the role

This role has two salary ranges, depending on the level at which the candidate is hired:

• Development Director: $132,600 – $221,000
• Senior Development Director: $161,300 – $271,800

We’re looking for a Development Director / Senior Development Director to lead multiple multifamily and mixed-use projects from initial deal evaluation through stabilization. This is a hands-on role owning the full lifecycle: feasibility, entitlement, design, execution, and delivery. You’ll work across internal teams and external partners to move deals forward, manage risk, and drive projects to successful outcomes.

Responsibilities

• Own the project lifecycle
  • Lead projects from site evaluation through stabilization
  • Build and evaluate feasibility: entitlements, market, financials, environmental and engineering
  • Prepare investment materials and recommendations for internal approvals (MIC)
  • Manage contracts, risk, and overall deal strategy
  • Deliver clear monthly project updates
• Drive execution through partners
  • Manage architects, engineers, planners, and other consultants
  • Lead design process and ensure deliverables hit scope, schedule, and budget
  • Oversee vendor selection and performance at an executive level
• Lead cross-functional teams
  • Run asset teams across Development, Construction, Design, and Operations
  • Align stakeholders and keep projects moving
• Navigate entitlements
  • Own the entitlement process end-to-end
  • Work directly with municipalities, land use attorneys, and consultants
  • Participate in hearings and approvals, manage timelines and risk
• Source new deals
  • Identify and help advance new development opportunities

Requirements

• ~7+ years in real estate development
• Direct experience running development deals—not just supporting
• Strong understanding of entitlements, financial underwriting, and project execution
• Proven ability to manage consultants, vendors, and internal stakeholders
• Comfortable operating at both strategy level and in the weeds

Qualifications

• Bachelor’s degree required
• MBA or Master’s in Real Estate (or similar) is a plus
• LEED or other industry certifications are a plus

Benefits

• Competitive benefits package supporting health, financial well-being, and work-life balance
• Medical, dental, and vision coverage
• 401(k) with company match
• Paid vacation and company holidays
• Exclusive team member housing discounts

Pay

Total base pay range: $163,100 – $271,800