Executive VP, P3 Development

Capstone Development Partners LLC•Quinte West, ON

4d•$250,000 - $285,000

About The Position

The EVP P3 Development is the most senior position within Capstone considered part of the development group. An EVP P3 Development has a broad range of management, project, and corporate responsibilities centered around project development. This role involves primary responsibility for client service and support, thinking empathetically, creatively, and strategically while building, managing, and maintaining a broad set of client and partner relationships to positively impact business development and project outcomes. The position requires managing and/or overseeing multiple development teams and multiple projects simultaneously, working directly with company Principals on business and project strategy, and having primary responsibility for the successful training, mentoring, and development of junior development staff. The EVP will also partner with company Principals to recruit and retain development staff and professionals, maintain ultimate responsibility for staff and project success, and be able and willing to perform all functions required of a Sr. VP P3 Development at any time. The role involves leading, directing, advising, supporting, and managing development team members in the performance and execution of all aspects of projects, including building and managing strong client relationships, analyzing project and partner viability, creating transaction and program solutions, structuring finance and project capitalization plans, drafting proposals, managing client communications, creating project assessments, vetting and managing development teams, documenting project processes, creating and managing project schedules, ensuring financial performance and schedule adherence, creating financial models, managing project pro formas, managing entitlement and permitting processes, drafting and negotiating project agreements, tracking project expenditures, supporting development and construction teams, supporting the property management team, and reporting regularly to company Principals.

Requirements

10–15 years of experience with Capstone or another company as a Senior Development Manager on similar-scale and complex real estate development projects
Bachelor’s degree required, preferably in Finance or Real Estate Finance
Demonstrated success managing projects, schedules, and budgets
Demonstrated leadership and management skills with the ability to build and maintain trusted and respectful relationships with clients, business partners, and team members
Strategic and creative thinking skills with a high level of motivation and willingness to work extended hours to accomplish objectives and achieve results
Strong quantitative and analytical skills with proven financial acumen
Strong ability to multitask and manage multiple projects and processes simultaneously
Strong organizational, time management, and project management skills
Excellent written and verbal communication skills
Demonstrated comfort and effectiveness working closely with senior executives and leaders of large organizations and institutions
Demonstrated success leading, managing, and inspiring collaboration among broad project teams
Proficiency in Excel, Word, and PowerPoint, with the ability to quickly learn new software and systems to develop reports and documents

Responsibilities

Have primary responsibility for client service and support
Think empathetically, creatively, and strategically while building, managing, and maintaining a broad set of client and partner relationships to positively impact business development and project outcomes
Manage and/or oversee multiple development teams and multiple projects simultaneously
Work directly with company Principals on business and project strategy to improve projects, processes, and the overall organization
Have primary responsibility for the successful training, mentoring, and development of junior development staff
Partner with company Principals to recruit and retain development staff and professionals
Maintain ultimate responsibility for staff and project success
Be able and willing to perform all functions required of a Sr. VP P3 Development at any time
Lead, direct, advise, support, and manage development team members in the performance and execution of all aspects of projects, including: Building and managing strong and beneficial client relationships before, during, and after project award and completion
Analyzing project and partner viability and recommending go/no-go decisions to project company leadership
Creating frameworks, approaches, and strategies for transaction and program solutions in response to RFQs and RFPs
Structuring finance and project capitalization plans and strategies
Drafting, coordinating, and completing project proposals in response to RFQs and RFPs
Drafting, delivering, and managing all project-related client communications and correspondence
Creating comprehensive project assessments and reports for evaluation by the project committee
Vetting, assembling, and managing development team members during predevelopment and construction
Documenting project processes, including agendas, meeting minutes, and team correspondence
Creating and managing project schedules and timelines
Driving, enforcing, and ensuring overall project financial performance and schedule adherence
Creating project financial models and finance packages for internal use and capital markets
Managing and maintaining the project pro forma to ensure viability and accuracy throughout the development process in partnership with the Director of Finance
Managing and executing entitlement and permitting processes
Drafting and negotiating project agreements and executing project closings
Tracking project expenditures against budget and maintaining financial forecasts for active developments
Supporting development and construction teams during construction operations and maintaining close relationships with university partners to ensure a high level of customer service and satisfaction
Supporting the property management team responsible for post-completion facility operations
Reporting regularly and directly to company Principals on project status, challenges, schedule adherence, opportunities, and relationships