About the Role
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, our 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 multi‑family 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 viabilityBe accountable for assumptions in the development underwritingManage relationships with key stakeholders through coordination of the design and construction phasesCoordinate with internal TCC Development Management team to create and refine building plans and specifications to ensure the business plan is metCapitalize 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 participate in presentations to capital as well as the TCC Investment CommitteeCoordinate 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 determine optimal capital structure for projectPresent :
Create investment packagesPresent and manage projects through internal Investment Committee processExecute :
Support the business plans for development projects, including determination of budgeted market rents and lease structures, operating expenses, and capital budgetsAsset 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 monetizationUpdate :
Regularly review all the company proprietary asset management system (ELITE) information on assigned projects to ensure completeness and accuracy of dataRelationship Management :
Develop and maintain successful relationships with clients, partners, consultants, architects, contractors, and brokersActive involvement in the community and industry organizationsNegotiate :
Support deal document redlining, tracking and completion for term sheets, purchase and sale agreements, loan documents, and lease agreementsMaintain interface with external clients and internal business units, ensuring fast response time for all prospective investments, tenants, and potential third‑party sponsorWork 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 levelEmployment type
Full‑timeJob function
Business Development and Sales#J-18808-Ljbffr