Managing Director, Development

MANAGING DIRECTOR DEVELOPMENT - ATLANTA Managing Director Development to establish the company’s Atlanta/Nashville Region for future multifamily garden, wrap and podium style development and acquisition activities. The individual will source sites and properties, direct the implementation of and execute systems, programs and processes to ensure proforma development budgets, underwriting, schedules, quality and standards are met and completed in accordance with adopted company standards. The firm’s goal is to execute 3-5 deals per year within this region. The Managing Director will play a key role in establishing the firm’s General Contractor capabilities in the region. KEY RESPONSIBILITIES Source and underwrite potential acquisition of land for ground up developments and existing investment opportunities. Identify and analyze major risks affecting new development/acquisition opportunities. Possess excellent financial modeling skills as well as superior analytical and quantitative, problem solving skills. Research supply and demand forces in the various markets. Possess broker networks to facilitate new site opportunities. Be comfortable and competent in preparing market rent analysis. Prepare materials for and/or participate in investment committee presentations and internal quarterly meetings. Participate in the selection of engineering and design consultants. Develop and maintain document clarification procedures (RFIs, ASIs). Direct the coordination of architectural and engineering plans. Manage the site development and building permit process. Assist in preparation of construction schedule. Monitor billing forecast, cost controls and project accounting with accounting team. Monitor quality control by managing the unit turnover process with property management and operations maintenance staff. Prepare annual project level reforecasts and assist in budget review process for each asset. Support Asset Management with ramp up and lease up of the properties. Be able to manage multiple development projects at any given time. Work closely with Project Management teams to ensure a smooth ground up/construction phase through completion. QUALIFICATIONS BS/BA required. Major in business, real estate, finance or accounting preferred. 8+ years of multifamily development/acquisition experience. Exceptional organizational skills with the ability to prioritize and multi-task. Ability to work independently and as a team member, independent thinker, high level of initiative and strong work ethic. Flexible with positive attitude and willingness to work additional hours to complete projects within fast-paced entrepreneurial environment. Expertise in Microsoft Excel, Project, PowerPoint and Word. Excellent written and verbal communication skills. COMPENSATION The chosen candidate will receive a highly competitive salary plus an incentive package. #J-18808-Ljbffr