Atlanta, GA
Salary Estimate: $175,000.00 - $199,999.00
Employment Type: Full Time
Work Place: Office
Experience Required: 5+ to 7 years
Education Required: 4 Year College
Job Description
The Development Manager will manage all aspects of bringing a project from concept to completion. He or she must be a motivated self-starter and problem solver who thinks like an owner with a ‘Company Builder’ mentality.
Reports to: Director / Managing Director
Direct Reports: Development Associate, Senior Analyst and Analyst
Duties/Responsibilities: The duties listed below are an outline of the role’s responsibilities and should not be considered an all-inclusive list. As the needs of the organization change, these duties may be modified as needed.
· Manage all aspects of bringing a project from concept to completion.
· Responsible (along with Directors) for sourcing new development opportunities.
· Identify new potential sites in identified key markets.
· Oversee and manage financial models on projects with the help of associates, senior analysts, and analysts.
· Manage the Development Checklist to ensure a thorough and complete development process.
· Manage student housing development sites under contract.
· Oversee the design and preconstruction processes of new construction projects with both an internal General Contractor as well as potential third-party GCs.
· Work with institutional equity partners and lenders to close on land and construction financing.
· Responsible for the successful execution and delivery of deals / projects on time and on budget.
· Demonstrate a strong attention to detail displayed in all work product.
· Development Managers are responsible for leading associate, senior analyst and analyst teams through continuous training and encouragement.
Education & Experience
· Bachelor’s degree in finance, Real Estate, or closely related concentration; MBA is a plus.
· Minimum 5 years of experience in medium to high density student housing, multi-family, or commercial real estate development.
Preferred Knowledge, Skills, & Abilities
· Excellent oral and written communication skills
· A motivated self-starter, problem solver and team player
· Strong organizational, interpersonal, analytical and leadership skills.
· Ability to handle multiple high priority projects.
· Entrepreneurial, adaptable, and coachable.
· Ability to analyze financial data quickly and efficiently.
· Advanced computer skills in word processing, excel spreadsheet or comparable systems.
o Pro forma modeling experience in development and / or acquisitions
· Desire to be challenged by projects with high-visibility and to grow professionally while representing the top student housing developer in the country.
Work Environment
· The work environment characteristics described herein are representative of those an employee encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. The noise level in the work environment is usually moderate.
· Travel: 5-10 nights per month
Physical Demands:
· The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
· While performing the duties of this job, the employee is frequently required to stand; walk; sit; use hands to finger, handle, or feel; reach with hands and arms; climb or balance; stoop, kneel, crouch, or crawl and talk or hear.
· Specific vision abilities required by this job include close vision, distance vision, peripheral vision, depth perception, and the ability to adjust focus.
· The employee may infrequently drive a vehicle (intrastate and interstate travel) or be subject to air travel for purposes of Company business.
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