Director of Development - Real Estate Investments
Industry FT, Austin, TX, United States
Overview
Director of Development
— Based in
Miami, FL
or
Austin, TX
| Full-Time | Hybrid Join a fast-growing real estate investment and development platform that’s scaling across high-growth U.S. markets with disciplined execution, strong capital partnerships, and an ambitious development pipeline. About Us Rastegar Capital is a privately held, fully integrated commercial real estate investment and development platform focused on high-growth Sunbelt markets. We invest across multifamily, industrial, office, and large-scale mixed-use developments. Founded and led by
Ari Rastegar , the firm has built a growing portfolio of operating assets while advancing a robust pipeline of ground-up and value-add development opportunities—particularly in
Austin
and
Dallas . As we enter our next phase of growth, we’re expanding our internal leadership team to support execution, capital deployment, and long-term value creation.
The Role
We’re seeking an experienced
Director of Development
to play a central role in executing active development projects while helping source, evaluate, and structure new investment opportunities. This is a senior, hands-on role with responsibility across the full development and investment lifecycle—from underwriting and deal structuring to entitlement, construction, and stabilization. You’ll work closely with senior leadership on strategy, capital formation, and project delivery, while acting as a key driver of execution across multiple initiatives.
What You’ll Do
Development & Execution
Lead development projects from acquisition through entitlement, design, construction, and stabilization or disposition
Oversee budgets, schedules, consultants, and construction teams to ensure disciplined execution
Manage due diligence, feasibility analysis, and risk assessment across active projects
Investment & Underwriting
Evaluate new investment opportunities and lead underwriting and financial modeling
Assess returns, capital structures, and development feasibility across multiple asset classes
Contribute to investment committee materials and internal decision-making
Capital & Partnerships
Support equity and debt capital relationships, including joint ventures and co-GP structures
Assist in structuring and negotiating partnership agreements
Work alongside leadership on capital formation and investor-facing materials
Strategy & Asset Management
Contribute to portfolio-level strategy, asset management decisions, and exit planning
Develop market-level insights and support long-term investment strategy
What We’re Looking For
Must-haves:
7–10 years of experience in U.S. real estate investing and development
Hands-on experience across acquisitions and ground-up development
Advanced underwriting and financial modeling capabilities
Direct experience managing projects through the full development lifecycle
Strong understanding of real estate financing, equity raises, and joint venture structures
Ability to manage multiple initiatives independently in a fast-paced environment
Excellent written, verbal, and presentation skills
Bonus points for:
Existing relationships with U.S.-based private capital (HNWIs, family offices, institutional partners)
Experience in Sunbelt markets, especially Texas
Background at a private real estate firm, developer, or owner-operator
Why Join Rastegar
Competitive base salary
Annual performance-based bonus
Long-term incentive participation tied to deal performance and value creation
High-impact, leadership-level role with visibility across the platform
Opportunity to help shape and scale a growing development pipeline
#J-18808-Ljbffr
Director of Development
— Based in
Miami, FL
or
Austin, TX
| Full-Time | Hybrid Join a fast-growing real estate investment and development platform that’s scaling across high-growth U.S. markets with disciplined execution, strong capital partnerships, and an ambitious development pipeline. About Us Rastegar Capital is a privately held, fully integrated commercial real estate investment and development platform focused on high-growth Sunbelt markets. We invest across multifamily, industrial, office, and large-scale mixed-use developments. Founded and led by
Ari Rastegar , the firm has built a growing portfolio of operating assets while advancing a robust pipeline of ground-up and value-add development opportunities—particularly in
Austin
and
Dallas . As we enter our next phase of growth, we’re expanding our internal leadership team to support execution, capital deployment, and long-term value creation.
The Role
We’re seeking an experienced
Director of Development
to play a central role in executing active development projects while helping source, evaluate, and structure new investment opportunities. This is a senior, hands-on role with responsibility across the full development and investment lifecycle—from underwriting and deal structuring to entitlement, construction, and stabilization. You’ll work closely with senior leadership on strategy, capital formation, and project delivery, while acting as a key driver of execution across multiple initiatives.
What You’ll Do
Development & Execution
Lead development projects from acquisition through entitlement, design, construction, and stabilization or disposition
Oversee budgets, schedules, consultants, and construction teams to ensure disciplined execution
Manage due diligence, feasibility analysis, and risk assessment across active projects
Investment & Underwriting
Evaluate new investment opportunities and lead underwriting and financial modeling
Assess returns, capital structures, and development feasibility across multiple asset classes
Contribute to investment committee materials and internal decision-making
Capital & Partnerships
Support equity and debt capital relationships, including joint ventures and co-GP structures
Assist in structuring and negotiating partnership agreements
Work alongside leadership on capital formation and investor-facing materials
Strategy & Asset Management
Contribute to portfolio-level strategy, asset management decisions, and exit planning
Develop market-level insights and support long-term investment strategy
What We’re Looking For
Must-haves:
7–10 years of experience in U.S. real estate investing and development
Hands-on experience across acquisitions and ground-up development
Advanced underwriting and financial modeling capabilities
Direct experience managing projects through the full development lifecycle
Strong understanding of real estate financing, equity raises, and joint venture structures
Ability to manage multiple initiatives independently in a fast-paced environment
Excellent written, verbal, and presentation skills
Bonus points for:
Existing relationships with U.S.-based private capital (HNWIs, family offices, institutional partners)
Experience in Sunbelt markets, especially Texas
Background at a private real estate firm, developer, or owner-operator
Why Join Rastegar
Competitive base salary
Annual performance-based bonus
Long-term incentive participation tied to deal performance and value creation
High-impact, leadership-level role with visibility across the platform
Opportunity to help shape and scale a growing development pipeline
#J-18808-Ljbffr