Development Manager
4 weeks ago
About NexMetro Communities:
NexMetro Communities is a leading real estate developer that revolutionizes the way consumers think about housing. Our company is committed to delivering high-quality, luxury leased communities that provide a unique living experience.
Job Summary:
We are seeking a highly skilled Development Manager to join our team in Atlanta. The successful candidate will be responsible for overseeing and managing construction projects, supporting market research, due diligence, entitlements, and financing efforts. This includes third-party General Contractor oversight to ensure the completion of multiple residential projects simultaneously according to schedule.
Key Responsibilities:
* Provides oversight of third-party general contractors' entire construction and design teams, including all consultants throughout the period of construction.
* Holds weekly on-site meetings with the General Contractor to monitor the quality and progress of construction sites.
* Monitors construction activities and recommends or takes corrective action to ensure that quality standards are met in line with quality assurance programs.
* Prepares preliminary construction estimates, proforma and detailed budgets at various project stages from due diligence to lease-up.
* Serves as a primary point of contact for the Atlanta region and provides day-to-day oversight of all aspects of project management; consults frequently with VP of Development.
* Performs due diligence tasks, evaluates property for development potential and risks, and prepares feasibility studies, including market, site feasibility, entitlements, and project economics.
* Responsible for project cost control and profitability by ensuring projects are on time, on or under budget, and built to the highest standard of quality.
* Organizes and categorizes development guidelines for various municipalities, including general plan guidelines, zoning regulations, and other guidelines/regulations critical to development.
* Coordinates with architects and other professionals on preliminary and working drawing design.
* Performs hands-on project management, including direct oversight of third-party general contractors, including a focus on managing P&L.
* Leads all turnover/acceptance walks and manages the transition of residential units from General Contractor to Management Company.
* Uses appropriate verification techniques to manage changes in project scope, schedule, and costs.
* Maintains positive and productive relationships and effectively communicates with all project stakeholders to mitigate risk and maximize profitability.
Requirements:
* 4-8 years of experience in real estate development; preferably with experience in multifamily sites.
* In-depth knowledge of the real estate development process, including entitlement, product design, construction, and financing.
* Entrepreneurial aptitude combined with a strong work ethic and the desire to learn.
* High financial acumen.
* Ability to think critically and execute sound judgment.
* Ability to work independently with minimal supervision and communicate need-to-know information upstream as warranted.
* Strong problem-solving and communication skills.
* Detail Oriented.
About NexMetro Communities:
NexMetro Communities is a leading real estate developer that revolutionizes the way consumers think about housing. Our company is committed to delivering high-quality, luxury leased communities that provide a unique living experience.
Our Core Values:
* Servant Leadership: Lead with humility, providing encouragement and empowering achievement.
* Collaborative Spirit: Inspire individual drive, focus, and performance to create a best-in-class organization.
* Pursuit of Excellence: Inspire individual drive, focus, and performance to create a best-in-class organization.
* Do the Right Thing. Always: Act honestly, ethically, and responsibly.
* The Power of Fun: Life's too short. Make work fun.
About NexMetropians:
NexMetro team members, also known as NexMetropians, form a diverse group of professionals from many walks of life with certain shared traits that create a common thread. NexMetropians are humble, understanding that our strength comes through our collective abilities and not through individual achievement. NexMetropians are hardworking team members willing to roll up our sleeves to help others regardless of our role within the organization. NexMetropians lead by example, and we do not ask things of our team members that we are not willing to do or have not done ourselves in the past. Finally, NexMetropians are a lot of fun, and we enjoy working together to build a great company and a great product for our residents.
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