Job Description

Role: Northeast Development Director

Reporting to: Northeast Regional Development Partner

Location: Bethesda, Maryland

Company Overview:

Headquartered in Houston, Texas, and founded in 1982, Our Client stands among the most active private real estate firms in the United States. Specializing in developing high-quality multi-family residential and industrial properties nationwide, the company leverages over four decades of industry experience. As a vertically integrated organization, the firm operates with comprehensive in-house capabilities, including development, capital markets, construction, property management, architecture, quality assurance, legal, risk management, asset management, and financial operations. Our Client strategically focuses on markets with robust economic fundamentals and locations featuring attractive real estate characteristics. Their residential projects span multiple high-growth U.S. markets, while their industrial developments are located in key states with strong logistical advantages.

Role Overview:

Our Client is looking for a highly motivated individual to fill a Northeast Development Director position that will be responsible for coordinating the execution of the Company’s ground-up development projects by performing financial analyses of development opportunities, preparing appropriate documents to facilitate the underwriting and closing of real estate transactions, interfacing with brokers, equity partners, institutional clients, and the Company’s development leadership, and tracking and reporting on the status of industrial transactions.

Responsibilities:

• Conduct financial analysis of development opportunities. Gather, compile, investigate, and analyze market data to identify potential development opportunities.
• Establish and maintain productive relationships with local market brokers (both land and leasing brokers), potential equity partners, lenders, real estate owners, and other key stakeholders, and appropriately manage on-going communications related to proposed development transactions.
• Identify, investigate, and refer potential land acquisitions to the Regional Development Partner and assist in preparing financial, market, and other documents required for new business presentations and responses to RFPs.
• Lead the due diligence process with internal/external subject matter experts on properties under contract and develop documentation and recommendations on key findings that may affect the return and financial performance of the proposed deal.
• Work with design consultant team and the firm’s construction team on entitlement tasks to advance the project through the approval stage.
• Monitor and report on the status and progress of proposed development transactions within the assigned geographic region and establish critical timelines and deadlines for tasks and activities related to the proposed transaction.
• Complete various financial, administrative, and other reports and analyses, and perform other duties as assigned or as necessary.

Knowledge, Skills and Abilities :

• Bachelor’s Degree required
• Minimum 5 years’ experience in Real Estate preferred
• Must have strong knowledge of the DC/Baltimore area (PA and NJ area knowledge a bonus)
• Must have strong interpersonal skills to build key relationships in the real estate community
• Must have proficiency in Word, Excel and PowerPoint
• Must possess strong quantitative, analytical and creative thinking skills
• Must possess strong problem-solving skills with an ability to take initiative and think independently
• Must be well organized and able to lead internal/external experts/consultants with limited supervision while adhering to deadlines and maintaining accuracy
• Must demonstrate high level of energy and commitment to work in a fast-paced, dynamic and collaborative environment
• Must have ability to glean relevant material from large volumes of data

Job Tags

Similar Jobs