Professional Recruiter Associates

Go to our website »

Site Acquisition Specialist/ Development Manager

The Site Acquisition Specialist/Development Manager will report directly to the Vice President and support the Development Team with managing multiple phases of the real estate development process. Participate in all aspects of development including site selection, due diligence exploration, financial analysis, budgeting, contract negotiation, development consultant management, site acquisition, investment package creation, coordination of the permitting process, execution of the construction documents, and general contractor management. The Site Acquisition Specialist/Development Director should be prepared to actively support the Development Team on current and pipeline development deals in a substantial way that positively impact projects.

Responsibilities include:

• Heavy emphasis on identifying and assessing strategic through market research, demographic studies, apartment database reviews and competitive analysis.
• Coordinate and participate in multifunctional teams to analyze existing market conditions, unit mix, property and unit amenities and features, rental rates and operational expenses at given properties.
• Develop a matrix of key competitors including property locations, specific amenities and pricing in strategic markets and submarkets.
• Participate in the preparation of pre-development budgets and schedules for proposed projects from the initial phases including land contract negotiation, entitlements and building permit approvals to the commencement of construction.
• Research all relevant financial assumptions for underwriting including items such as all permitting fees, impact fees, taxes, etc.
• Creation of financial models and due diligence efforts for our partners and lenders
• Assist the Development Team in preparing and presenting investment packages.
• Participate in consultant meetings through pre-development and development stages. Participation shall include taking and issuing meeting minutes when appropriate.
• Participate in meetings with municipalities, neighborhood groups, design teams, and public hearings throughout the entitlement process.

Requirements:

• 5+ years’ experience in multifamily development strongly preferred
• Bachelor’s degree in Business Administration, Finance, Real Estate, Architecture, Civil Engineering, or Building Construction Management preferred
• Graduate degree in Business Administration, Finance or Real Estate strongly preferred
• Must be a self-starter, highly motivated, and goal-oriented
• Excellent interpersonal, written, and verbal communication skills
• Must be able to work in a team environment
• Strong analytical and problem-solving skills
• Effective organizational, prioritization, and time management skills
• Flexible and able to handle multiple projects and tasks simultaneously
• Accurate, detail oriented, dependable and punctual
• Willingness and patience to iteratively improve/refine work product
• Advanced MS Office Suite skills
• Strong computer and internet skills
• Knowledge of construction processes

Job ID: 2897

Job & Company Detail