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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 prominent family office in Arkansas, is recognized for its excellence in developing and constructing single-family residences nationwide. They have partnered exclusively with Macdonald & Co. to appoint a Multifamily Development Executive to spearhead their new initiative in ground-up multifamily construction.
We are in search of a Vice President of Real Estate Development to join a well-established and expanding team that boasts a strong land acquisition unit and dedicated local and regional construction collaborators. The VP of Real Estate Development will be tasked with the execution and delivery of multifamily projects across multiple states. The ideal candidate will manage the entire development lifecycle, ensuring that projects are completed efficiently, within budget, and uphold the highest quality standards. This position does not involve deal sourcing.
Key Responsibilities:
- Project Oversight: Manage all stages of multifamily development projects from conception to completion, including planning, design, construction, and final delivery.
- Leadership: Direct and mentor a team of development professionals, promoting a collaborative and high-performance culture.
- Financial Management: Create 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, along with company policies and standards.
- Quality Assurance: Establish and uphold stringent quality control measures throughout the development process to ensure superior outcomes.
- Stakeholder Engagement: Collaborate with both internal and external stakeholders, including architects, contractors, engineers, and government representatives, to facilitate seamless project execution.
- Risk Assessment: Identify potential risks and formulate strategies to mitigate issues proactively.
- Reporting: Provide regular updates to the EVP of Operations and the Executive Committee regarding project status, financial performance, 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, specifically in multifamily projects.
- A proven history of successfully delivering medium to large-scale multifamily developments.
- Strong leadership and team management capabilities.
- Excellent project management skills, with a keen attention to detail.
- Comprehensive knowledge of construction processes, 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 environment.
What We Offer:
- Competitive salary with performance-based annual bonuses.
- Comprehensive benefits package.
- Opportunities for professional advancement and development.
- A supportive and collaborative work atmosphere.
- Relocation assistance for candidates not residing in Fayetteville, AR.