Development Manager

2 weeks ago


Houston TX United States Macdonald & Company Full time

Macdonald & Company is pleased to be partnered with a privately held industrial developer in Houston to find and appoint a development manager or senior development manager to help execute their existing industrial pipeline.

Great growth opportunity to join a lean team of high performing, best in class developers in Houston, who have a significant track record and have capabilities to develop through their own capital sources or look at JV opportunities.

KEY RESPONSIBILITIES

The activities listed here are not all-inclusive; rather, they indicate the types of activities normally performed by this position.

  • Have a track record of site acquisition and development and an extensive network in real estate, government affairs, review boards, developers, and capital market groups.
  • Have a specific knowledge of site selection (e.g. taxation, utilities, networks, entitlements and land use, site feasibility and due diligence studies, risk management, security considerations, etc.)
  • Have general knowledge of construction means and methods.
  • Work closely with the market leader to promptly analyze and ensure project feasibility for both new development as well as redevelopment/repositioning investments.
  • Possess strong negotiations skills that have resulted in financial, business and legal benefits.
  • Prepare and maintain project performance metrics that include pre-development budget, development budget, and project timeline.
  • Provides analysis and participates with other senior team members on determining whether or not to pursue specific opportunities.
  • In partnership with the Acquisitions and Marketing Team, tests feasibility of projects through the coordination of physical due diligence activities.
  • Be able to develop and document comprehensive business cases, deal summaries, and executive presentations

EXPERIENCE REQUIRED

  • BS, BA or MBA in Business, Finance, Real Estate or Masters in Real Estate Development a plus.
  • 4+ years of Commercial Real Estate Experience required.
  • Direct experience in Land Acquisition and Development for the industrial sector
  • Willingness and ability to consistently dive deep into market analysis, deal negotiation and strategic planning in assigned regions.
  • Strong negotiations skills from both a Business and Legal terms standpoint.
  • Extensive market knowledge with an established network of brokers, developers, and connections.
  • Sufficient knowledge of favorable site characteristics, site planning, brand visibility, ease of access
  • Strong knowledge of Microsoft Office Suite (Outlook, Excel, PowerPoint, Word, SharePoint)


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