Senior Developer

Landmark Properties

Athens, GA

Salary Estimate: Confidential

Employment Type: Full Time

Work Place: Office

Experience Required: More than 15 years

Education Required: 4 Year College

Job Description

Formed in 2004, Landmark is a vertically integrated developer, owner, and manager dedicated to student housing real estate. The Company has $4.1 billion of assets under management and was ranked the #1 most active developer and contractor in student housing by Student Housing Business. Landmark has 34,000 beds under management between the company’s owned portfolio and third-party assets. Landmark has over 750 employees across acquisitions, development, construction, property management, and investment management, including 160 in the Athens, GA headquarters.

 

 

The Development Manager is responsible for managing a team of analysts on real estate development opportunities within key markets throughout the country.

 

 

Reports to:  Executive Managing Director

 

Direct Reports:  Development Deal Teams

 

Landmark Properties – Background

 

Landmark Properties was founded in 2004 and is headquartered in Athens, GA. The company is one of the foremost developers and managers of off-campus housing communities in the country.

 

Ranked as the nation’s most active student housing developer and top student housing contractor, Landmark Properties is a vertically-integrated developer, builder and owner-operator with over 750 employees. Landmark’s current portfolio includes more than 60 student housing properties across the country, more than 33,500 beds, and over $1.4 billion in assets currently under construction.

 

Senior Developer Position

 

The senior Developer will source and identify new opportunities, leads development deal teams, and manages all aspects of bringing a project from concept to completion.  He or she must be a motivated self-starter, leader and problem solver who thinks like an owner with a ‘Company Builder’ mentality. 

 

Roles and Responsibilities

 

The duties listed below are an outline of the senior Developers responsibilities and should not be considered an all-inclusive list.  As the needs of the company change, these duties may be modified.

 

  • Manages all aspects of bringing a project from concept to completion, including:

 

    • Brokerage relationships and agreements
    • Land seller coordination
    • Political considerations
    • Land use attorney relationships
    • Underwriting management
    • Feasibility studies (site planning coordination)
    • LOI negotiations
    • Predevelopment budgeting
    • Development timelines
    • Contract (PSA) negotiations
    • Site due diligence
    • Title coordination
    • Legal structuring and requirements
    • Entitlements
    • Architectural program coordination
    • Consultant contracts
    • Hard costs pricing coordination with preconstruction
    • Design development (building, ID, site and offsite)
    • Retail / office work letters (for mixed use projects)
    • Easements
    • GMP coordination with construction
    • Securing financing
    • Pre-closing and closing coordination
    • Soft costs budget, contracts and forecast management
    • Capital partner expectations
    • Prime contract change management
    • Project closeout checklist
    • Leasing monitoring
    • Hand-off to asset management and operations

 

  • Responsible 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

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