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TCC VP Development Investment, Industrial

TCC VP Development Investment, Industrial

CBRESan Francisco, CA, United States
2 days ago
Job type
  • Full-time
Job description

TCC VP Development Investment, Industrial

At Trammell Crow Company, we have built our business - and reputation - by hiring great people. We believe outstanding, capable and dedicated employees have laid the foundation of our success and are our most valuable asset. Trammell Crow Company cultivates an environment that empowers its employees to be the best. When you join TCC, you are joining a dedicated team of people who are committed to upholding our RISE (Respect, Integrity, Service, Excellence) Values. Our RISE values fuel our mission for a diverse, equitable, and inclusive work environment, so our people, business partners, and the communities in which we build thrive. We are driven by our most powerful asset—our people. Comprised of teams possessing passion, innovation, and an open culture of excellence, we are actively seeking talent with a diverse set of backgrounds and experiences across all industries to apply for open positions.

The Vice President, Development Investment role is responsible for the coordination of the industrial product type acquisition and development analysis, due diligence, and project execution activities in the Northern California office.

What You’ll Do

Source

  • Support the company’s efforts to identify and gain control of new speculative and build‑to‑suit development opportunities
  • Cultivate relationships with industry professionals (brokers, owners, lenders, etc.) to help in sourcing new opportunities

Shape

  • Support the pre‑development process to include due diligence, entitlements, risk mitigation, and overall deal viability
  • Be accountable for assumptions in the development underwriting
  • Manage relationships with key stakeholders through coordination of the design and construction phases
  • Coordinate with internal TCC Development Management team to create and refine building plans and specifications to ensure the business plan is met
  • Capitalize Deals

  • Assist in sourcing debt and equity capital for projects, including developing and reviewing investment summaries, redlining agreements (term sheet, JV documents, loan agreements), and participating in presentations to capital as well as the TCC Investment Committee
  • Coordinate with TCC Capital Markets to identify and track feedback of capital partners and gather proposed terms from a variety of debt and equity sources to be used in determining optimal capital structure for project
  • Present

  • Create investment packages
  • Present and manage projects through internal Investment Committee process
  • Execute

  • Responsible for supporting the business plans for development projects, including determination of budgeted market rents and lease structures, operating expenses, and capital budgets
  • Responsible for asset management of pre‑stabilized assets in business unit portfolio, including negotiation of leases, administration of project loan issues pertaining to property operations, directing property managers and leasing agents, communicating with capital partners, and working with business unit principals and investment sale brokers at time of monetization
  • Update

  • Regularly review all the company proprietary asset management system (ELITE) information on assigned projects to ensure completeness and accuracy of data
  • Relationship Management

  • Develop and maintain successful relationships with clients, partners, consultants, architects, contractors, and brokers
  • Active involvement in the community and industry organizations
  • Negotiate

  • Support deal document redlining, tracking and completion for term sheets, purchase and sale agreements, loan documents, and lease agreements
  • Maintain interface with external clients and internal business units, ensuring fast response time for all prospective investments, tenants, and potential third‑party sponsor
  • Work Environment and Travel

    Role is primarily in office with expected travel to job sites within the region.

    Other duties may be assigned.

    Seniority Level

    Mid‑Senior level

    Employment Type

    Full‑time

    Job Function

    Business Development and Sales

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    Vp Development • San Francisco, CA, United States

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