Director of Development

2 days ago

Charlotte, North Carolina, United States Quarterra Group Full time
Job Summary

The Director of Development will be responsible for leading the development team in executing all functions of the development process for multifamily and mixed-use real estate projects. This includes planning, entitlement, financial analysis, and overall management from inception to stabilization.

Key Responsibilities
  • Support the Managing Director in managing, developing, and executing strategic plans and objectives to ensure achievement of agreed-upon goals for shareholder value, owner satisfaction, and Associate growth and development.
  • Collaborate with the Division President to identify and underwrite new development opportunities, including market-specific economic and demographic data, rental comparable information, construction cost estimates, local permit and fee costs, and local supply and demand statistics.
  • Spearhead the identification and evaluation of potential sites for expansion and manage the execution of each new community.
  • Partner with the Investments team to prepare informational packages for the internal investment committee and offering memoranda for equity partners and outside lenders.
  • Oversee and implement all facets of the development process, including planning, design, entitlement, construction, and lease-up of projects.
  • Review civil and architectural plans to drive quality and cost effectiveness.
  • Prepare, maintain, and monitor project budgets and formulate monthly project development reports.
  • Initiate and sustain financial projections, monthly draw requests, and related analyses for the development and operation of projects.
  • Direct the internal project team and outside professionals in creating an effective strategy for the success of projects and implementing that strategy.
Requirements
  • MBA with concentration in Real Estate, Finance, Civil Engineering, Building Sciences, or related field required.
  • 8+ years of experience in real estate development (with an emphasis on multifamily), land development, and project management, and the demonstrated ability to build and direct effective teams to manage major development projects.
  • Knowledge and understanding of development and construction practices.
  • Excellent written, verbal, and interpersonal communication skills, with the ability to manage up and down.
  • Experience managing several projects simultaneously.
  • Advanced Microsoft Office suite experience (Excel, PowerPoint, Word).
Additional Requirements
  • Occasional travel within and outside designated region.
  • Valid driver's license with a clean driving record.
Physical Requirements

This is primarily a sedentary office position that requires the ability to operate computer equipment, speak, hear, bend, stoop, reach, lift, and move and carry up to 25 lbs. Finger dexterity is necessary.

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