Development Manager
$117.9k - $196.6kEquity Residential
Development Manager Position Type: Full time Weekly Scheduled Hours: 40 State: Washington City: Bellevue Zip Code: 98004 Total Base Pay Range: $117,900.00 - $196,600.00 Overview: Vivmark Residential exists to set the mark for what home can be. Formed through the merger of AvalonBay Communities and Equity Residential, Vivmark brings together two industry leaders with a shared commitment to excellence, innovation, and delivering exceptional living experiences. Our vision is to be the most trusted and best-performing rental housing company in America - one that continues to get better as it grows. And we're looking for people who want to help us do it. As an owner, developer, and manager of more than 180,000 apartment homes in major markets across the US, we have the scale to offer something most companies can't. At Vivmark, team members move up and across functions, markets, and disciplines, building lasting careers. We invest in team members growth, development, and capabilities that make them and us better, and we hold ourselves to the highest standard as an employer. The best people want to work here. We hope you're one of them. The Role: At Vivmark Residential, we create communities that people are proud to call home. We're looking for a Development Manager to help lead the planning, execution, and delivery of multifamily and mixed-use development projects from concept through completion. This role is ideal for a real estate professional who thrives in a collaborative environment and enjoys bringing complex projects to life. As a Development Manager, you will play a key role in managing all phases of the development process, including site evaluation, financial analysis, entitlement, design coordination, consultant management, and project execution. You'll work closely with internal partners and external stakeholders to move projects forward while balancing risk, schedule, budget, and long-term value creation. What You'll Do: Drive Development Projects Manage multifamily and mixed-use development projects through planning, entitlement, design, and execution Prepare and maintain project financial models, pro formas, and investment analyses Evaluate market, environmental, engineering, and land use studies to support development decisions Identify risks, develop mitigation strategies, and oversee project-related contracts Prepare project updates and presentations for senior leadership and investment committees Collaborate with design and construction teams to ensure projects align with company standards and objectives Build Strategic Relationships Cultivate relationships with municipalities, consultants, brokers, landowners, and industry partners Represent Vivmark in meetings with community stakeholders and business partners Support business development activities and identify new investment opportunities Lead Consultants and Team Coordination Manage consultant selection processes and negotiate service agreements Coordinate architects, engineers, land planners, environmental consultants, and other project partners Facilitate cross-functional project meetings, track milestones, and help resolve issues that impact project delivery Support New Development Opportunities Conduct market research, demographic analysis, and feasibility studies Participate in site evaluations, acquisition due diligence, and investment reviews Assist in identifying and pursuing strategic development opportunities in target markets What We're Looking For: Bachelor's degree required MBA with a Real Estate concentration or Master's in Real Estate Development preferred Approximately 3+ years of experience in real estate development, construction, finance, investments, operations, design, or a related field Strong financial modeling and analytical skills Excellent project management and organizational abilities Ability to influence and collaborate across multiple stakeholders and disciplines Strong communication skills with the ability to present recommendations to senior leaders and business partners Real estate industry certifications such as LEED are a plus How Vivmark Supports You: We know that our teams are the beating heart of our success and we re committed to showing our appreciation. We Offer: A competitive benefits package that supports your health, financial well-being, and work-life balance, including medical, dental, and vision coverage, a 401(k) with company match, paid vacation and company holidays, and exclusive team member housing discounts. Additional Info: AvalonBay is proud to be an equal opportunity employer and is committed to an inclusive and diverse work environment free of discrimination and harassment. We believe that in order to achieve our purpose of creating a better way to live, we must recruit, develop and retain associates with a wide range of backgrounds, experiences and perspectives and create an environment that encourages all voices to be heard, understood and appreciated. With this we know we can do great things. AvalonBay makes employment decisions without regard to a person s race, ethnicity, color, religion, sex, national origin, sexual orientation, gender identity, pregnancy (including childbirth, lactation or related medical conditions), age, physical or mental disability, genetic information (including characteristics or testing), citizenship status, military or veteran status, or any other status protected by the law. AvalonBay will consider for employment qualified applicants with criminal histories in a manner consistent with requirements under the law. Applications are being accepted on an ongoing basis. #J-18808-Ljbffr Equity Residential
$80k - $155k
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