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Development Manager
2 months ago
Macdonald & Company is pleased to be partnering with a leading multifamily and mixed-use developer in Texas to find a skilled Development Manager to join their team in Austin. This role will focus on executing a significant pipeline of deals and requires a strong leader with expertise in real estate development.
Key Responsibilities:- Lead the day-to-day development efforts for assigned projects, taking ownership of all aspects of the development process.
- Coordinate and manage project consultants, including architects, engineers, and procurement of governmental permits and approvals.
- Drive project schedules and collaborate with internal stakeholders on design decisions, project capitalization strategy, and construction execution approach.
- Manage proforma-based development budgets, track expenditures, and ensure payments accurately reflect completed work.
- Understand and manage the process and related fees to obtain governmental and regulatory approvals.
- Lead OAC meetings to ensure project goals are met on time and within budget.
- Collaborate with the Construction Management team to understand construction cost estimates and explore cost-effective alternatives.
- Attend construction OAC meetings and work with the CM team to ensure project schedule and budget are maintained.
- Represent the group Development team throughout the asset's lifecycle, ensuring effective and efficient internal and external communication.
- Undergraduate or MBA degree in real estate, finance, business, engineering, architecture, or construction management, or relevant work experience.
- Minimum of 3+ years of managing the day-to-day real estate development process, with experience in multifamily projects preferred.
- Ability to perform a variety of responsibilities with attention to detail, strong work ethic, and commitment to excellence.
- Must take initiative, be independently resourceful, prioritize time, and perform within a team setting while maintaining focus and multitasking in a fast-paced environment.
- Understanding of software platforms such as Bluebeam, Procore, Rabbet, and MS Project is beneficial.
- Excellent written and verbal communication skills.
- Exhibit strong intellectual curiosity, tenacity, and advanced emotional intelligence.
- Must be willing to travel on a frequent basis.