Reporting to an Executive Vice President of Development, the Development Manager assumes full responsibility for the successful completion of multi-faceted real estate development projects from inception through construction completion and lease-up. The Development Manager is responsible for the strong leadership of an in-house team of Construction Managers, Accountants and Administrative Assistants. This individual simultaneously assembles and manages an external team of financiers, architects, designers, engineers and contractors. Each developer simultaneously coordinates multiple projects in varying stages of development. This position demands strong financial skills, creative thinking, leadership, and effective communication.
Essential Job Functions
- Identification and evaluation of real-estate development opportunities
- Determination of the financial feasibility for a viable project
- Determination of the suitability of a site
- Direct report to the EVP of Development for predevelopment expenditures expectations, development cash-flow, and development capital requirements
- Establishing strong public private partnerships
- Delivery of professional PowerPoint presentations before both large and small groups of financiers, municipalities, and community constituents for the purpose of marketing projects to groups potentially skeptical and occasionally adverse
- Development of realistic project budgets
- Coordination of efficient land-development approval process
- Assembly and leadership of superior development team
- Coordination of legal team
- Responsibility for all site control documentation, loan agreements, equity documents and partnership agreements
- Collaboration with architects and engineers in designing proposed developments
- Determination of realistic project schedules
- Meeting design, funding and construction deadlines throughout the project
- Meeting project budgets
- Oversight of contractors and other professionals to build proposed developments
- Efficient project management through superior team management
- Delivery of on-time, on-budget real estate development projects
- Coordination of lease-up of completed development with full flow of information concerning limiting criteria
- Management and motivation of in-house development team
- Maintenance of calendars
- Providing direction for the scheduling and coordinating of the logistics for all development meetings
- Balancing the opinions of internal staff with external participants in a timely and diplomatic manner
- Demonstrating an understanding of the workload and priorities of all development team members
- Keeping the Team Leaders well-informed of all project issues
- Uphold all company policies, goals, and values.
- Perform other duties and projects as assigned.
Education
An undergraduate degree from an accredited college or university with a focus in real estate, finance or economics, or related discipline. Master degree a plus.
Experience and Qualifications
- BA or BS required
- At least four years of experience as an associate developer or equivalent position
- Strong entrepreneurial instincts
- Solid analytical skills
- Documented well-rounded real estate background
- Demonstrated ability to sell an idea through exceptional verbal and written communication skills
- Confidence in delivering on-message PowerPoint presentations before possibly contentious groups
- Considerable interpersonal skills including the ability to establish and maintain effective working relationships with others; being both responsive and thoughtful
- Discretion in handling confidential information
- Demonstrated organizational skills, including the ability to set priorities in concert with the development team yet able to work independently
- Demonstrated ability to work under pressure exercising sound judgment, prioritizing demands and responding with composure to a fast-paced environment with high-energy leadership
- Demonstrated understanding of project proformas for commercial and market rate residential developments
- Demonstrated ability to respond to and resolve problems rapidly and efficiently
- Proficiency in Outlook, Microsoft Office including Word and Excel
- Demonstrated punctuality and respect for other’s time
- Accuracy – with an attention to detail – and speed in task execution
- Strong work ethic and exceptionally high work standards
- Maturity, good judgment and professionalism
- At least four years experience as an Associate Developer or equivalent position
- Requires a valid driver’s license, an insured vehicle, and the ability to travel (between properties, on-call emergencies, training, etc.)
Other Skills
Requires a reliable, self-motivated, team player who takes/assumes responsibility for work, pays close attention detail, demonstrates strong communication, and business literacy skills. Demonstrates ability to work independently, use discretion and ability to maintain a professional attitude and appearance. Effectively envision, develop, and implement new strategies to address competitive, complex business issues. Takes initiative to identify and anticipate business needs and make recommendations for implementation.
EEO/ADA
Hunt provides equal employment opportunity to all individuals regardless of their race, color, creed, religion, gender, age, sexual orientation, national origin, disability, veteran status, or any other characteristic protected by state, federal, or local law. Reasonable accommodations may be made to enable individuals with disabilities to perform essential functions.
Position Type/Expected Hours of Work
This is a full-time position. Days and hours of work are standard business hours Monday through Friday. Ability to work periodic flexible hours is required. Ability to travel by plane and automobile is required.
Travel
Travel is up to 25% of the time.
