Director, Due Diligence for Development & DFP

Agree Limited PartnershipRoyal Oak, MI
Onsite

About The Position

The Development and DFP Due Diligence role is a highly cross-functional position that bridges Development, Construction, Finance, Accounting, Legal and Asset Management. This position requires an experienced, self-motivated, and highly organized individual with a commercial lending mindset who can thrive in a fast-paced, process-driven, and collaborative environment. The role manages the pre-development and development process of over a dozen projects at various stages.

Requirements

  • Bachelor’s degree in Finance, Accounting, Real Estate, or related field (MBA or advanced financial credentials a plus)
  • 3–5+ years of experience in commercial banking, lending, or real estate finance
  • Background in commercial lending, credit analysis, or underwriting strongly preferred
  • Experience reviewing financial statements, budgets, and commercial real estate development deal structures
  • General understanding of contracts and commercial real estate leases.
  • Strong communication, organizational, and project management skills, with the ability to influence cross-functional stakeholders
  • Strong proficiency in Microsoft Excel, PowerPoint, and Project
  • Ability to multi-task multiple projects in different phases and can prioritize meeting required deadlines
  • Articulate issues and recommend solutions clearly and concisely both verbally and in writing
  • Ability to work effectively both independently and collaboratively across functions

Nice To Haves

  • MBA or advanced financial credentials a plus

Responsibilities

  • Obtain, inventory, and review all due diligence-related materials, including leases, purchase agreements, development agreements, construction drawings, survey, title, environmental studies, zoning, and Property Condition Assessment Reports, and provide written recommendations for further action to mitigate risk.
  • Collaborate with internal stakeholders including development directors, legal counsel, asset management, and construction to drive projects to completion.
  • Coordinate with legal counsel on all lease, title, survey, and REA/Declaration reviews.
  • Review plans and schedules to verify the property complies with governmental regulations and Tenant’s lease requirements (i.e. parking, setbacks, lot coverage ratios, building height limitations).
  • Maintain all due diligence tracker reports, critical dates reports, and closing checklists.
  • Prepare and process due diligence sign-off packages.
  • Support ongoing tracking of project budgets, draws, and financial performance.
  • Oversee the transition from construction to stabilized operations, ensuring all financial and contractual components are completed and appropriately documented.
  • Coordinate delivery, tenant opening, commencement, rent commencement timelines (RCD) and coordination and remittance of Tenant Improvement Allowance payments with tenants and internal stakeholders
  • Support Development processes as needed.

Benefits

  • 100% company-paid monthly health insurance premiums for team members and dependents
  • 100% company-paid short-term, long-term, and life insurance premiums for team members
  • Simple IRA retirement plan with 3% company match
  • 3 company-provided lunches per week
  • Onsite fully equipped gym and locker rooms
  • Opportunity to volunteer at a charity of your choosing with our Agree Gives Back program
  • Ongoing professional development and technology training opportunities
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