Senior Real Estate Development Manager
4 weeks ago
Highpoint Development is seeking a highly skilled and experienced Senior Real Estate Development Manager to lead the development of multifamily projects from start to finish. The ideal candidate will have a strong background in real estate development, finance, and project management, with a proven track record of delivering successful projects on time and within budget.
Responsibilities
- Manage the overall business plan of a multifamily development project, including feasibility analysis, acquisition, deal structuring, design development, financing, public approvals, construction, marketing, leasing, and close-out.
- Manage the project's underwriting and coordinate the underwritten budget with actual project budget.
- Manage the due diligence process for new projects, including geotech, environmental, survey, and title.
- Interact with attorneys, title agents, brokers, land sellers, partners, and lenders during the real estate purchasing process.
- Manage compliance with the Purchase and Sale Agreement (PSA), including meeting design and permitting milestones, and managing earnest money and project closing.
- Interact with jurisdictional and municipal authorities to obtain proper approvals and permits.
- Work collaboratively with the project design team to design a competitive project that meets financial goals.
- Work with the in-house Construction Manager to ensure the development stays on schedule and budget.
- Manage the branding and marketing teams and coordinate with related parties to ensure the project meets financial goals.
- Manage the financial draw and reporting process with the Lender and 3rd Party Equity Partners.
- Manage relationships with Equity Partners and Lenders to ensure successful completion of the project in compliance with the business plan.
- Collaborate with the Leasing staff, Asset Managers, and Investors to manage the lease-up process.
- Manage the sales process in conjunction with property management and investment sales brokers.
Qualifications
- 3-7 years of work experience in real estate development, finance, construction, or project management.
- Bachelor's or Master's degree.
- General knowledge of real estate and financial concepts.
- Self-motivated, polished, professional with a high work ethic.
- Ability to manage multiple tasks at once and prioritize and manage time effectively.
- Excellent leadership, organizational, and problem-solving skills.
- Effective oral and written communication skills.
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