Listing Details


 

Interested and qualified candidates, please submit your resume to:

Kate Mecke, Director – kmecke@kelleraugusta.com - 617-721-0535

Development Manager

Wayne, PA (Greater Philadelphia)

JOB DESCRIPTION

Company Overview:

Our client is a leading, privately held commercial real estate company that specializes in the development of multifamily, mixed-use and student housing projects across the United States. Founded in 1999, the firm has developed over 7 million square feet of improvements representing over $3 billion of asset value. The company also manages a newly formed equity fund that invests in projects alongside its institutional capital partners. Our client is headquartered in suburban Philadelphia, with regional offices in Atlanta and Hanover.

Position Overview:

The individual will enhance the Company’s development capacity in the Northeast and Southeast US. This person will be involved in every stage of the development cycle for market rate multi-family housing and student housing projects.

The initial procurement stages for multi-family transactions include financial analysis and due diligence of land acquisitions being considered for development. For on-campus student housing opportunities, initial procurement often includes responding to RFPs by colleges & universities for the development of needed residential halls and other auxiliary uses for our client’s long-term ownership and management.

After successful project procurement, this individual’s responsibilities will include refinement of financial underwriting and managing the development process (e.g., assembling project design/engineering teams, programming, design coordination, entitlements, construction activities, and working closely with the client’s asset management team). Projects will typically be ground-up or redevelopment opportunities in urban or suburban communities of growth.

The position represents a unique opportunity to work closely with company’s Vice President of Development and leadership to advance a career in real estate. The right candidate will be detailed, process-oriented, organized, thoughtful, a problem solver, good communicator, collaborator and excited to contribute to the company’s transformative growth. 

Responsibilities:

  • Analyze project feasibility based on the goals of the development
  • Responsible for day-to-day project management through all phases of development, including procurement, entitlements, design and construction
  • Assemble and coordinate the design, engineering & construction teams and attend regular site visits and construction meetings to ensure on-schedule and on-budget delivery
  • Assist in proposal writing efforts for on-campus student housing (as needed)
  • Participate in financial analysis and structuring of transactions with assistance and supervision of our clients' underwriting team and legal counsel
  • Prepare and maintain pre-development & development budgets and construction draws
  • Navigate site plan and permitting processes with various public entities (including zoning, land use, traffic, stormwater, and others as required)
  • Negotiate and manage contracts with third-party vendors
  • Prepare internal and external monthly/quarterly reports pertaining to project status and asset performance

Qualifications/Skills: 

  • Bachelor’s or master’s degree in Real Estate, Construction Management, Engineering, Finance, Urban Planning, Architecture, or related field
  • 3+ years real estate development experience, preferably in multi-family housing. Client will consider candidates in a related field depending on individual’s qualifications
  • Ability to travel frequently
  • Strong quantitative & analytical skills and an understanding of how to create, interpret and analyze detailed financial analyses
  • Ability to multitask, meet deadlines and communicate effectively with internal and outside consultants, vendors, and stakeholders
  • Well organized with attention to detail and strong negotiation skills
  • Strong writing and presentation skills
  • Proficient in Microsoft Excel, PowerPoint, and Word