Head of Development & Construction

Path Construction is looking for a Development Manager to lead the execution of the company’s development and new construction strategy, identifying and managing projects across Illinois, Tennessee, North Carolina, and Arizona. Path is a rapidly growing general contractor headquartered in Arlington Heights, IL with projects and offices throughout the country. Founded in 2008, Path Construction provides a vast array of construction services. Our expertise is very diverse and includes experience on small and large projects of many different types, including but not limited to: healthcare, higher education, multi-family, hospitality, retail, self‑storage, senior living, transportation, water and waste treatment, convention centers, laboratories, correctional, and institutional. The main philosophy and strategy for the growth of our organization is to be on the cutting edge of all aspects of the construction process. Additionally, our unmatched customer satisfaction and most importantly, the development and quality of our people drive our success.

Responsibilities

Leading Development planning and strategy

Locating and pursuing development opportunities

Review and analysis of development project opportunities

Develop pro formas

Work with the Managing Director of Finance in project financing, and review and provide progress updates on project opportunities, construction and lease‑up

Manage the pre‑entitlement process

Ensure pro‑forma development budgets and schedules are met

Negotiate or assist in the negotiation of contracts, term sheets, loan documents and joint venture agreements

Manage third‑party consultants to identify, entitle, design, finance, lease, manage and dispose of new development projects

Develop and analyze funding options and strategies

Source new development opportunities through developing and maintaining relationships with key stakeholders including brokers, land sellers, equity partners and lenders to identify feasible, financeable and profitable new initiatives

Qualifications

5+ years of real estate development experience

Deep and broad experience in multifamily, medical, educational or industrial development is preferred

Dynamic verbal and written communication skills and strong interpersonal abilities

Strong analytical and quantitative skills

High proficiency with real estate underwriting and real estate finance concepts

Benefits

Annual Salary Range: $100,000 - $130,000

Bonus Plan

401(k)

PTO

Certification Training

Health, Dental, Vision, Life, Long-Term and Short-Term Disability Insurance

Company cellphone and computer

Financial and Mental Health Support through a third party

Travel and Entertainment Discount Program

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