Director of Real Estate Development, Industrial

Ryan Companies US, Inc.•Atlanta, GA

27d

About The Position

With nearly 90 years in business and 16 offices (and growing!), Ryan offers comprehensive commercial real estate solutions to customers across the US. We bring a collaborative, relationship-driven approach to delivering spaces where people thrive, and businesses succeed. Join a company with an outstanding culture and competitive benefits. At Ryan, we don’t just build buildings – we build stories. We have an exciting career opportunity for a Director of Real Estate Development–Industrial to support the full lifecycle of Speculative and Build-To-Suit industrial development projects, with a primary focus in the Southeast Region (Florida, Georgia, Tennessee, Carolinas). Reports to EVP, Spec Industrial Development and support the Industrial Development Team.

Requirements

Ability to successfully multi-task between competing priorities and deadlines.
Highly analytical and detailed orientated with strong real estate finance background
Flexibility to adapt to different market opportunities within changing market conditions.
Ability to successfully lead a project team and work as a member of a team led by others.
Extremely well organized and detailed in managing business activities with a proactive approach.
Professionally represent Ryan to the broader real estate community (e.g., brokers, lenders, property management firms, and other service providers).
Experienced financial modelling skills, proficient in Microsoft Office, especially in Excel and PowerPoint.
Demonstrated ability to develop strong relationships with internal and external stakeholders.
Effective written and verbal communication skills.
High ethical standards, personal integrity and a strong sense of accountability.
Minimum of three to five years of cumulative experience with a focus on the Industrial sector in one or more of the following disciplines: real estate development, capital markets, finance, or commercial real estate brokerage.
BA or equivalent degree required in Finance or Business Administration

Nice To Haves

MBA preferred.

Responsibilities

Assist with all aspects of the development project lifespan, including but not limited to underwriting, market research, due diligence, entitlements, design, construction, leasing, and project sales.
Perform advanced modeling and valuation analysis for development projects.
Support the team in evaluating potential development sites, including but not limited to project costs, environmental issues, site constraints, local municipality code, impact and permit fees, and market data.
Modify and analyze the financial proforma and underwrite the development from start to finish.
Prepare project pursuit cost forecasts for internal deal approvals.
Conduct market research, competitive project analysis and sensitivity analysis for management review.
Prepare thorough yet concise investment memos and support presentation to leadership and external partners.
Aid in preparation and negotiation of development agreements, purchase agreements, letters of intent, and requests for information.
Oversee project design efforts, interfacing with Ryan’s internal construction and design team members as well as external design team members to keep project costs within proforma budgets.
Support the oversight of construction activities, manage project budgets and schedules to ensure successful project delivery.
Prepare monthly draw requests, including updating the operating model and project cost forecasting.
Quickly respond to ad hoc information requests from capital partners, lenders and senior management.
Support leasing efforts of assets, draft lease proposal responses, analyze leases, oversee TI buildout.
Coordinate and prepare responses to internal leadership and external partners inquiries on project performance and projections.
Collaborate with the national team on an as needed basis to implement and standardize best practices, reporting frameworks, and other key initiatives across the organization.