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Vice President of Multifamily Projects
2 months ago
*RELOCATION TO FAYETTEVILLE, AR OFFERED FOR ANY OUT OF AREA CANDIDATES*
Overview:
Our client, a distinguished family office based in Arkansas, is celebrated for its expertise in the development and construction of single-family residences nationwide. They have partnered exclusively with Macdonald & Co. to recruit a Multifamily Development Executive to spearhead their new endeavor in ground-up multifamily projects.
We are in search of a Vice President of Real Estate Development to become a vital part of a well-established and expanding team, which boasts a strong land acquisition unit and dedicated local and regional construction collaborators. The VP of Real Estate Development will take charge of executing and delivering multifamily initiatives across various states, including Arkansas, Texas, Oklahoma, and Kansas. The ideal candidate will manage the complete development lifecycle, ensuring that projects are finalized on schedule, within financial constraints, and uphold the highest quality benchmarks. This position does not entail deal sourcing.
Key Responsibilities:
- Project Oversight: Supervise all stages of multifamily development projects from conception to completion, encompassing planning, design, construction, and handover.
- Leadership: Direct and mentor a team of development professionals, cultivating a collaborative and high-performance culture.
- Financial Management: Formulate and oversee project budgets and timelines, ensuring compliance with financial and scheduling goals.
- Compliance Assurance: Guarantee that all projects adhere to local, state, and federal regulations, alongside company policies and standards.
- Quality Assurance: Establish and uphold stringent quality control protocols throughout the development process to deliver exceptional results.
- Stakeholder Engagement: Coordinate with internal and external stakeholders, including architects, contractors, engineers, and regulatory bodies, to ensure smooth project execution.
- Risk Assessment: Identify potential risks and devise mitigation strategies to proactively address challenges.
- Progress Reporting: Provide regular updates to the EVP of Operations and the Executive Committee regarding project status, financial health, and significant milestones.
Qualifications:
- Bachelor's degree in Real Estate, Business, Construction Management, or a related discipline; a Master's degree is preferred.
- A minimum of 10 years of experience in real estate development, particularly in multifamily projects.
- A proven history of successfully delivering medium to large-scale multifamily developments.
- Strong leadership and team management capabilities.
- Exceptional project management skills, with a meticulous attention to detail.
- Comprehensive knowledge of construction methodologies, zoning laws, and building codes, with experience in Arkansas, Texas, Oklahoma, and Kansas being advantageous.
- Outstanding communication and interpersonal abilities.
- Capacity to excel in a fast-paced, dynamic work environment.
What We Provide:
- Competitive salary along with performance-based annual bonuses.
- A comprehensive benefits package.
- Opportunities for professional advancement and development.
- A supportive and collaborative workplace culture.
- Relocation assistance for candidates not residing in Fayetteville, AR.