Development Manager

4 weeks ago


New York, United States GILL-MAC Partners, Inc. Full time

TITLE: Development Manager LOCATION: Georgia POSITION SUMMARY: This vertically integrated real estate firm specializes in the development, construction and management of high quality communities across the country. We are seeking a highly motivated rising star to oversee the complex managerial, administrative, and professional responsibilities associated with planning, directing, designing, resource allocation, organizing and executing real estate development projects from analysis, design,?assembling consulting teams, through due diligence development and management oversight to stabilization and final release/disposition focusing on urgency and bottom-line performance for Class-A multifamily projects while supporting and interacting directly with Senior Vice Presidents of Development for the firm. RESPONSIBILITIES:

Financial modeling

Underwriting potential acquisition of land and existing investment opportunities, including financial analysis, due diligence, conducting market research, and modeling cash flows and deal structures

Assist in financial analysis including initial closing and capitalization, development, construction, operations, recapitalization and dispositions

Work with Accounting Team to ensure that operating results and other monthly reporting requirements are completed accurately and on time pursuant to quarterly reporting requirements

Lead and orchestrate regularly scheduled meetings both internal and external.

Assemble and lead development and consulting teams for each project.

Prepare annual project level reforecasts and assist in budget review process for each deal

Prepare materials for and participate in investment committee presentation and internal quarterly meetings

Assemble and analyze economic, demographic and other market information for each deal area, as needed, including recent sales and leasing data

Monitor metro, submarket and competitive property performance

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