Senior Development Manager
The Maison Group, Inc.
Washington, DC
Salary Estimate: Confidential
Employment Type: Full Time
Work Place: Office
Experience Required: 7+ to 10 years
Education Required: 4 Year College
Job Description
The Maison Group (www.themaisongroup.com) is a Washington, DC area based Real Estate Executive Search Firm. Company: Our Client, a Mid-Atlantic area based, privately-owned, mixed-use real estate development & investment company, seeks a talented development professional to join the organization and be an integral component in driving a nationally recognized, multi-billion $ mixed use development project forward. This firm has an outstanding platform comprised of exceptionally stable and successful capital partners, a group of experienced, creative folks and a vision to revitalize and transform urban cities, communities and neighborhoods into new and exciting places. Position Overview: Reporting to senior management, the Development Manager is responsible for leading the development team on execution of all functions of development for large mixed-use real estate projects with a focus on planning, entitlement, financial analysis, and overall management of the development process from inception to stabilization. Primary Responsibilities
- Interact and collaborate with both internal and external stakeholders including, company executives, the overall development team as well as other internal departments, outside consultants, relevant municipalities/government entities, and equity partners.
- Work with the Investments team to prepare informational packages for the internal Investment Committee as well as Offering Memoranda for equity partners and outside construction lenders.
- Oversee and implement all facets of the development process including planning, design, entitlement, construction and lease-up of the projects.
- Thoroughly review civil, architectural, landscape architectural and interior design plans to drive quality and cost effectiveness.
- Oversee the creation and maintenance of project budgets and monthly project development reports.
- Prepare and oversee financial projections, monthly draw requests and related analyses for the development and operation of the projects.
- Direct an internal project team and outside professionals in the creation and implementation of an effective strategy for the success of the project(s).
- Seek out and maintain knowledge of relevant market metrics.
- Provide leadership and mentoring for less experienced Associates.
- Bachelor’s degree in Real Estate and/or B.S in Finance/Real Estate/Civil Engineering/ Building Sciences.
- MBA and/or master’s degree with applicable concentrations strongly preferred but not required.
- Minimum 5 years’ experience in a sophisticated real estate development company and/or project. Proven experience directing teams (internal/external)
- Deep knowledge and understanding of development and construction practices.
- Ability to manage several projects simultaneously through self-motivation, high energy, flexibility and excellent organizational skills.
- Strong work ethic and attention to detail. Must be a self-starter with the ability to work independently.
- Strong MS Office skills including Excel, PowerPoint and Word.
- Strong team orientation with excellent interpersonal skills.
- Excellent verbal and written communication skills.
- Follow-through, deductive reasoning, intellectual curiosity, and a sense of urgency in all tasks.
- MUST BE WILLING TO RELOCATE
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