Director, Multifamily Development - Tennessee (East Region)
About The Position
Quarterra is a real estate investment firm focused on creating long-term value through the development of high-quality multifamily communities nationwide. With 11 regional offices across 20 states, Quarterra combines institutional scale with local market expertise to deliver purposefully designed rental communities in high-growth markets. Quarterra's core strategy includes the expansion of its Emblem portfolio - a growing collection of attainably priced communities that deliver efficient design, modern amenities, and strong investment fundamentals. Emblem Communities are thoughtfully positioned to meet the needs of today's renters while supporting Quarterra's broader vision of sustainable, resilient, and diversified housing solutions. The Director of Development is responsible for leading real estate development activities across Tennessee, overseeing the full lifecycle of multifamily and selecting mixed-use projects from deal sourcing through stabilization. This role will lead regional development efforts, partner closely with Investments, Construction, and internal corporate teams, and manage external relationships to drive successful project outcomes. The Director will report to the Managing Director, Southeast Region, and is expected to manage multiple projects and priorities concurrently in a fast-paced, collaborative environment.
Requirements
- MBA or advanced degree in Real Estate, Finance, Civil Engineering, Building Sciences, or related field preferred
- 10+ years of progressive experience in multifamily real estate development with demonstrated success across complex projects
- Proven experience leading projects in the Nashville and surrounding markets strongly preferred
- Deep understanding of real estate development, entitlements, and construction processes
- Strong financial and analytical skill set, including underwriting and budgeting
- Ability to manage multiple projects simultaneously and lead diverse teams
- Excellent written, verbal, and interpersonal communication skills
- Advanced proficiency in Microsoft Excel, PowerPoint, and Word
Responsibilities
- Source, evaluate, and advance new multifamily development opportunities across primary and secondary markets in Tennessee
- Leverage deep market knowledge and relationships with brokers, landowners, municipalities, and consultants to identify and create value
- Partner with the Investment team to underwrite opportunities and prepare materials for Investment Committee and equity partners
- Lead all predevelopment activities including site evaluation, feasibility analysis, zoning and entitlement strategy, and consultant selection.
- Evaluate market conditions, demographic drivers, supply/demand dynamics, and comparable project data
- Oversee review of civil, architectural, and engineering plans to ensure quality, cost efficiency, and alignment with Quarterra standards
- Prepare, manage, and monitor development budgets, schedules, and financial projections
- Oversee monthly development reporting, draw requests, and variance analysis
- Ensure disciplined financial controls throughout predevelopment, construction, and stabilization
- Direct cross-functional internal teams and external professionals to implement development strategies and achieve project milestones
- Coordinate closely with Construction to ensure seamless handoff from predevelopment through delivery
- Act as a senior representative of Quarterra in regional development activities and municipal engagements
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What This Job Offers
Job Type
Full-time
Career Level
Director
