Vice President, Development
About the Company
Acclaimed multifamily real estate developer & manager
Industry
Real Estate
Type
Privately Held
About the Role
The Company is seeking a Vice President for Development to join their team. The successful candidate will be responsible for the entire life cycle of large-scale, ground-up, multifamily developments, from predevelopment to construction and lease-up. This role involves managing project budgets, running pro forma analysis, conducting market research, and interacting with capital providers and other stakeholders. The Vice President will also be tasked with site selection, feasibility, due diligence, and preparing finance packages. Strong relationships with key market players and internal teams are essential, as is the ability to maintain executive oversight of the construction process and manage the lease-up and stabilization of the project.
Applicants for the Vice President of Development position at the company should have a Bachelor’s degree in a relevant field, with a preference for a Master’s degree. A minimum of 3-6 years of experience in the multifamily industry is required, with a strong preference for local experience. The role demands a candidate with a proven track record in all stages of the multifamily development process and expertise in Excel-based financial models. Strong quantitative skills, communication abilities, and the capacity to foster and maintain important relationships are also key qualifications. The Vice President will work closely with the Managing Director and development team, and must be adept at managing project budgets and schedules, as well as leading the due diligence effort for projects under contract.
Hiring Manager Title
Managing Director
Travel Percent
Less than 10%
Functions
Vice President Development • Boston, MA, United States