We have ambitious growth plans for our industrial development pipeline, and we are looking for a driven, self-starter to lead our industrial development efforts in the Eastern Canada markets. This position will be based in Toronto or Montreal.
Key responsibilities will include:
Develop and perform the financial analyses and underwriting, which forms the basis for site selection and the Company's spending of pursuit capital.
Manage the pre-entitlement process by maintaining accurate pursuit cost forecasting and reporting, and ensuring pro-forma development budgets and schedules are met.
Participate in Investment Committee meetings that focus on proposed development projects, working with the Managing Director of Finance in project financing, and reviewing and providing progress updates on projects under pursuit, construction and lease-up.
Source new development opportunities through developing and maintaining relationships with key stakeholders including brokers, land sellers, equity partners and lenders to identify feasible, financeable, and profitable new initiatives.
Negotiate or assist in the negotiation of complex legal instruments including contracts, term sheets, loan documents and joint venture agreements.
Manage complex development projects under construction to ensure developments remain on time and on budget.
Manage third party consultants to identify, entitle, design, finance, permit, construct, lease, manage and dispose of new development projects.
The ideal candidate will possess:
5+ years of real estate development experience.
Deep and broad experience in industrial development and new construction.
Dynamic verbal and written communication skills and strong interpersonal abilities.
Strong analytical and quantitative skills, with an excellent financial acumen and high proficiency with real estate underwriting and real estate finance concepts.
Fluency in French and exposure to residential projects would be a plus.
Depending on the position offered, regular full-time and part-time team members may be eligible to participate in a bonus program in addition to their base salary. Once eligible, team members may participate in the 401k plan. Regular, full-time team members are also offered a range of medical, financial, and/or other benefits from which to choose.
Greystar will consider for employment qualified applicants with arrest and conviction records.
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.