Development Manager

Path Construction • Chicago, IL

1d • Onsite

About The Position

Path Construction is seeking a Development Manager to spearhead the company's development and new construction strategy. This role involves identifying and managing projects across Illinois, Tennessee, North Carolina, and Arizona. Path Construction, a rapidly expanding general contractor headquartered in Arlington Heights, IL, operates with projects and offices nationwide. Established in 2008, the company offers a diverse range of construction services, with expertise spanning various project types including healthcare, higher education, multi-family, hospitality, retail, self-storage, senior living, transportation, water and waste treatment, convention centers, laboratories, correctional, and institutional. Path Construction's core philosophy emphasizes being at the forefront of construction processes, driven by exceptional customer satisfaction and the development and quality of its personnel.

Requirements

• 5+ years of real estate development experience
• Dynamic verbal and written communication skills and strong interpersonal abilities
• Strong analytical and quantitative skills
• High proficiency with real estate underwriting and real estate finance concepts

Nice To Haves

• Deep and broad experience in multifamily, medical, educational or industrial development is preferred

Responsibilities

• Leading Development planning and strategy
• Locating and Pursuing development opportunities
• Review and Analysis of development project opportunities
• Develop pro formas
• Working with the Managing Director of Finance in project financing, and reviewing and providing progress updates on project opportunities, construction and lease-up
• Manage the pre-entitlement process
• Ensuring pro-forma development budgets and schedules are met
• Negotiate or assist in the negotiation of contracts, term sheets, loan documents and joint venture agreements
• Manage third party consultants to identify, entitle, design, finance, lease, manage and dispose of new development projects
• Develop and analyze funding options and strategies
• 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

Benefits

• Annual Salary Range: $100,000 - $130,000
• Bonus Plan
• 401(k)
• PTO
• Certification Training
• Health, Dental, Vision, Life, Long-Term and Short-Term Disability Insurance
• Company cellphone and computer
• Financial and Mental Health Support through a third party
• Travel and Entertainment Discount Program

What This Job Offers

• Job Type: Full-time
• Career Level: Senior
• Education Level: No Education Listed
• Number of Employees: 11-50 employees