Executive Director, Development

Responsibilities

• Identify real estate development opportunities and negotiate letter of intent and purchase and sale agreements
• Develop contacts and keep abreast of opportunities for potential projects
• Evaluate the market and financial feasibility of proposed projects
• Prepare deliverables and presentations for internal Executive and Investment Committee approvals
• Participate in the transaction phase of each project, including collaborating with the finance team to prepare proformas, evaluating due diligence materials and project feasibility, assisting with managing 3rd party consultants (civil, environmental, landscape, architect, MEP, etc.), engagement in the contractor selection and GMP negotiation, overseeing 3rd party property management, leading the disposition efforts on each project
• Absorb the project design through concept, schematic, design development, and construction document phases
• Aid the SVP and CFO with capital market activities, engaging with prospective equity and debt partners and conducting local market tours as needed
• Attend zoning and city council meetings to present each project as required
• Attend monthly OAC meetings during construction, reviewing all owner change orders and monthly draw requests
• Aid the Director of Leasing during the lease up phase of the project
• Generate a specified volume of business within an established time frame, keeping management apprised of current and anticipated market conditions, maintaining a strong network, and maintaining ongoing client relationships after project start-up
• Regional and occasional outside region travel is required

Qualifications

• BS or MS in Real Estate, Business, Finance, Marketing, Civil Engineering, Architecture, or related field, or an additional 10 years of real estate development experience
• Minimum of 8 years’ experience with increasing levels of responsibility and proven success in real estate development transaction structuring
• Demonstrated ability to complete multifamily development transactions in a supporting or leading role
• Large network among real estate professionals within the region
• Excellent communication skills, both verbal and written

Benefits

Includes competitive health and welfare benefits and a generous profit-sharing/401k plan.

Pay

Details TBA

Schedule

Details TBA

Skills

Not specified

Company Information

Gilbane Development Company is an Affirmative Action/Equal Opportunity Employer.