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Confidential

Senior Managing Director of Development

Confidential, Boston, Massachusetts, us, 02108

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Senior Managing Director of Development

About the Company

Reputable consulting & executive search firm specializing in commercial real estate

Industry Real Estate

Type Privately Held

Founded 2012

Employees 1-10

Specialties

commercial real estate and executive search

About the Role

The Company is seeking a Senior Managing Director of Development to play a pivotal role in launching and leading its residential development platform. The successful candidate will be responsible for sourcing and executing the company's development and new construction strategy, with a focus on achieving financial and growth targets. This leadership position requires a market leader with an entrepreneurial spirit, capable of building and growing a team and business to meet the company's ambitious objectives. Key responsibilities include sourcing new development opportunities, negotiating complex legal instruments, and managing the pre-entitlement process. The role also involves supervising a development production team, engaging with the Multifamily Business Lead, and participating in routine Investment Committee meetings. The ideal candidate will have 10-15 years' of real estate development experience, a proven track record in sourcing transactions, and a thorough understanding of development budgeting and underwriting.

Applicants for the Senior Managing Director of Development position at the company should possess a deep and broad experience in multi-family development and new construction, including market and sub-market familiarity. The role demands a leader with strong research skills, the ability to solve problems, and a proven track record of effective communication and negotiation. The candidate must be adept at reading and comprehending various engineering and architectural plans, and have extensive experience in negotiating related documents. A high level of proficiency in Microsoft Word and Excel is required, as well as excellent mathematical skills for financial analysis. The role also calls for demonstrated management and supervisory skills, and a history of leading and directing development and construction activities. The company values a candidate who is proactive in championing business improvement efforts and is committed to staying abreast of industry standards and best practices.

Hiring Manager Title President of Multifamily Development

Travel Percent Less than 10%

Functions

Business Development General Management Strategy