Real Estate Development Manager

7 days ago

Phoenix, Arizona, United States The Opus Group® Full time
Job Summary

The Opus Group is seeking a highly skilled Real Estate Development Manager to join our team. As a key member of our commercial real estate development team, you will be responsible for managing commercial real estate development efforts, including market research, planning, land selection, entitlement, building lease and sale negotiation, product development and marketing, and project budgeting.

Key Responsibilities

* Conduct market research in specified geographical locations to identify trends and needs in areas of interest to the company.
* Assist with the selection, negotiation, purchase, and development of land in accordance with company business criteria and municipal or governmental regulations.
* Analyze and select sites on the basis of potential profit to company and suitability to business goals.
* Conduct negotiations for the purchase and sale of land.
* Contact municipal authorities to plan development of acquired land, identify and secure appropriate zoning approvals, negotiate sale of land, and secure annexation rights.
* Assist with the development of plans and strategies for speculative buildings.
* Develop budgeting and pricing policies to be used in lease negotiations.
* Develop marketing plans to lease or to sell buildings and property.
* Negotiate leases of speculative real estate products with brokers and clients.
* Prepare pro-forma budgets, lease-up schedules, and cash flow analyses on a project-by-project basis.
* Coordinate preparation of lease agreements with Legal Department.
* Review lease agreements with broker or client and assist in the negotiation of lease agreements.
* Assist with negotiations for net lease and build-to-suit transactions.
* Create relationships with individuals and businesses in various industries to identify and target potential development opportunities.
* Develop and retain a quality commercial client base of businesses with significant real estate holdings or law firms directing large commercial transactions.
* Develop networks of attorneys, commercial lenders, brokers, agencies and others who can provide business leads and referrals.
* Maintain up-to-date knowledge of changes in laws, requirements and other circumstances that affect company interests or performance.

Requirements

* Bachelor's Degree in Business, Finance, Management or related field; or equivalent, experience and knowledge.
* 3-5 years' experience in real estate development, finance, or brokerage business.
* Licensing as real estate salesperson/broker is desirable.
* Basic understanding of lending institutions, construction industry, and brokerage community and how these groups relate to one another.
* Experience with office and industrial product strongly preferred.
* Solid knowledge of statistics and financial analysis techniques as they apply to real estate projects.
* Effective interpersonal, verbal and written communication skills.
* Strong negotiating and marketing skills.
* Ability to prioritize time and responsibilities in order to fulfill primary goals and complete numerous details that accompany each project.
* Should have personal qualities of persistence, diplomacy, and organization.

About The Opus Group

The Opus Group is a leading commercial real estate development and construction company. We are committed to building greatness, in both our projects and our people. Our team is united by one mission and is driven to deliver impactful results. We offer a comprehensive suite of benefits aimed at supporting our associates in and out of the workplace, including healthcare, dental and vision coverage, a 401(k) plan and immediate company match, a student loan payback program, paid time off, paid holidays, birthday holiday, community time off, caregiver leave, tuition reimbursement, paid licensures and professional memberships. We are an EEO/Affirmative Action Employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, sexual orientation, gender identity, and veteran or disability status.

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