Development Manager

Bonaventure Shared Services, LLC•Alexandria, VA

1d•$140,000 - $160,000•Hybrid

About The Position

Bonaventure is seeking a highly capable Development Manager to take a leadership role in the execution of multifamily development projects from inception through stabilization. This individual will serve as the primary owner of assigned projects, responsible for driving all aspects of the development process and ensuring successful delivery aligned with business objectives. This is not a support role—we are looking for someone who can take full accountability for project outcomes, lead cross-functional teams, and proactively solve problems across the entire lifecycle of development. Bonaventure is a vertically integrated real estate investment, development, and asset management firm focused on multifamily communities across the Mid-Atlantic and Southeast. The firm has developed, acquired, and managed a diverse portfolio of high-quality assets and is known for its disciplined investment approach, operational expertise, and long-term ownership mindset.

Requirements

5–10+ years of relevant experience
Proven ability to lead projects through full lifecycle
Strong financial and construction knowledge
Experience managing contractors and consultants
Strong leadership and communication skills
Bachelor’s degree required

Nice To Haves

advanced degree preferred
Ownership mentality
Leadership presence
Strong work ethic
Decisiveness
Execution focus
Strong communicator
Experience with HUD financing a plus

Responsibilities

Serve as the project lead for assigned developments from site selection through stabilization
Establish and drive project business plans including schedule, budget, and strategy
Coordinate architects, engineers, consultants, contractors, and internal stakeholders
Act as central decision-maker ensuring alignment across teams
Own development underwriting, market research, and schedules
Drive cost control, value engineering, and financial performance
Work with our internal debt team to complete financing applications and secure loan commitments – usually with HUD.
Lead due diligence phase
Manage municipal and community engagement processes as part of rezoning
Travel throughout Virginia as needed for project meetings and public hearings
Interface with lenders, equity partners, and leadership
Internal and external monthly project reporting
Regular presentations and updates at Investment Committee
Oversee design development to ensure alignment with project vision, market positioning, and financial goals
Lead efforts to obtain design approvals and permits
Facilitate GC pricing and value engineering efforts, leading to a final construction cost
Provide hands-on oversight during the construction phase, including regular site visits
Review and approve pay applications, change orders, and contractor requisitions
Partner closely with general contractors to resolve field issues and maintain momentum
Identify risks early and implement solutions
Maintain project momentum through problem-solving