Senior Managing Director of Development

Senior Managing Director of Development

About the Company

Reputable consulting & executive search firm specializing in commercial real estate

Industry

Real Estate

Type

Privately Held

Founded

2012

Employees

1-10

Specialties

• commercial real estate and executive search

About the Role

The Company is seeking a Senior Managing Director of Development to play a pivotal role in establishing and leading its residential development platform. The successful candidate will be responsible for sourcing and executing the company's development and new construction strategy, with a focus on achieving financial and growth targets. This leadership position demands a market leader with an entrepreneurial spirit, capable of building and growing a team and business to meet the company's ambitious objectives. Key responsibilities include sourcing new development opportunities, negotiating complex legal instruments, and managing the pre-entitlement process. The role also involves supervising a development production team, engaging with the Multifamily Business Lead, and participating in routine Investment Committee meetings. The ideal candidate will have 10-15 years' of real estate development experience, a proven track record in sourcing transactions, and a thorough understanding of development budgeting and underwriting. Applicants for the Senior Managing Director of Development position at the company should possess a deep and broad experience in multi-family development and new construction, with a strong network of relationships in the market. The role requires a leader with strong interpersonal skills, exceptional communication abilities, and a preference for working in a team-oriented setting. The candidate must be adept at problem-solving, multi-tasking, and have a demonstrated ability to read and comprehend legal and financial documents. Extensive experience in negotiating various real estate agreements and a high proficiency in Microsoft Word and Excel are essential. The role also demands a candidate with a solid understanding of real estate finance and structured finance concepts, as well as the ability to lead and mentor a team. The Senior Managing Director will be expected to stay abreast of industry standards and best practices, and to champion business improvement efforts within the company.

Hiring Manager Title

Director

Travel Percent

Less than 10%

Functions