Supports the execution of the Company's development platform by managing the development processes including completing initial land acquisition due diligence, facilitating the underwriting and closing of real estate transactions and managing third party consultants through the project design and construction process.
We are looking for a Director, Development that is interested in running their own region with the financial backing of Greystar. This position will be based in Phoenix.
Manages the due diligence process on land opportunities, and develops documentation and recommendations on key findings that may affect the return and financial performance of the proposed deal.
Prepares detailed investment memorandums providing insight on the proposed projects for submission to the Company's Investment Committee including detailed pro-forma and financial models and pursuit cost budgets.
Supports the negotiation of sale and purchase agreements for approved projects.
Directs third party relationships to complete project design concept and building plans in accordance to approved scope of work.
Manages relationships with the construction team to ensure construction projects are completed in a timely manner, designed according to plan and within budgetary guidelines. Works with the team to ensure the development and coordination of quality control procedures. Ensures all required Certificate of Occupancy and permits are obtained.
Maintains on-going communications with the executive team, equity partners, and other key business leaders affiliated with the project to provide periodic updates on the progress against schedule and budgets, surfaces and resolves issues that may compromise the project delivery schedule or costs, and responds quickly and with urgency to questions, concerns, and requests for information.
Works closely with the property management team to finalize budgets and project design plans, accepts units from construction on behalf of Owner and ensures all aspects of the project adhere to Company development standards.
Develops and maintains relationships with local market brokers, institutional and equity partners, lenders, real estate owners, and other key stakeholders, and appropriately manages on-going communications related to proposed development projects.
Completes various human resources, financial, administrative, and other reports and analysis, and performs other duties as assigned or as necessary.
Greystar will consider for employment qualified applicants with arrest and conviction records.
Internal Number: R0032304
National Platform with Local ExpertiseGreystar, founded in 1993, provides world-class service in the multifamily real estate business. Our innovative business model integrates the management, development and investment disciplines of the multifamily industry on both national and local levels. This unique approach and our commitment to hiring the very best multifamily professionals have resulted in record growth, making us one of the most respected and trusted multifamily real estate companies in the country.Because our business model includes both investment and service-oriented businesses, we’re able to maintain a constant presence in local markets and create value in all phases of the real estate cycle. Our national platform provides economies of scale, financial sophistication, institutional quality reporting and tremendous capital relationships, while our city offices provide local market expertise and execution.Our dedication to redefining excellence in apartment living means we’re constantly exploring innovative ideas and pioneering new ways to serve our residents and clients. The Greystar team is more than 5,300 team members strong and growing. Check out the latest opportunities.