Development Manager

Gilbane Development Company • New York, NY

3h • $153,360 - $191,700

About The Position

Great opportunity within a fast-growing business platform at a well-established development company! Gilbane Development Company is seeking an experienced professional to expand our affordable housing & mixed income platform in the New York, NY market. The ideal candidate will possess a thorough understanding of affordable housing development, including overall deal structuring, land planning, entitlement process, finance, design and construction.

Requirements

• Bachelor’s Degree. Master’s degree preferred, in real estate development related field (i.e., engineering, architecture, construction, finance, law, economics)
• 8+ years' experience in real estate development with at least 3+ years in affordable housing development
• Established record of success as a project leader, having completed at least six substantial development projects ranging from $20-$100mm+ million in value, including significant experience with affordable housing
• Demonstrated experience at the management level—proven managerial skills, ability to mentor and develop staff and foster teamwork and collaborative problem solving
• Collaborative approach and respectful relationship style with members of the neighborhoods within which we work as well as colleagues, consultants and third-party trade partners
• Self-starter with the ability to manage three to four overlapping projects efficiently in a fast-paced environment
• Excellent business development skills and experience in marketing, generating business and maintaining credibility in the community
• Attention to detail and ability to execute at a high level
• High degree of organizational skills and problem-solving ability
• Ability to prioritize/execute to achieve desired company and project goals with prudence and sense of urgency
• Excellent communication skills, both verbal and written
• Strong relevant computer skills
• Maintain memberships and participate in organizations and events

Nice To Haves

• Master’s degree preferred, in real estate development related field (i.e., engineering, architecture, construction, finance, law, economics)
• Experience in NY market preferred
• Experience with acquisition-rehab and value-add developments is a plus

Responsibilities

• Assist with execution of current development pipeline with properties in various stages
• Oversee Analysts & Associates project feasibility studies (Market research, underwriting, investment thesis) and financial closing.
• Lead stakeholders through Design, Construction Cost exercises, and Value Engineering
• Project Management Lead through due diligence, entitlement & permitting, scheduling, and managing the critical path
• Consult with Legal & Finance partners for completing the LOI/PSA, Operating Agreements, Consultant Contracts, and Construction Contracts
• Sourcing new development opportunities within affordable housing
• Day to day liaison with design/construction team, clients, and stakeholders.
• Communication should convey urgency balanced with positive motivation and teamwork
• Maintain scope and cost while meeting schedule and quality goals
• Oversee cost management reporting
• Uphold and represent Gilbane’s core values and reputation

Benefits

• Gilbane offers an excellent total compensation package which includes competitive health and welfare benefits and a generous profit-sharing/401k plan.
• We invest in our employees’ education and have built Gilbane University into a top training organization in the construction industry.

What This Job Offers

• Job Type: Full-time
• Career Level: Manager