Senior Director, Development
Denholtz•Red Bank, NJ
•$350,000 - $525,000•Onsite
About The Position
Denholtz is looking for a senior development leader to grow our development platform and take projects from site selection all the way through stabilization. You'll own the full development lifecycle for a portfolio of ground-up and redevelopment projects: due diligence, entitlements, design, financing, construction oversight, and lease-up. Reporting to the CEO, you'll work closely with ownership, asset management, property management, and outside consultants, and you'll build and mentor the development team. This is a hands-on leadership role with real ownership over how projects get done.
Requirements
- 10+ years of real estate development experience, including at least 3 years leading projects or teams
- A track record delivering ground-up projects from entitlement through stabilization
- Strong financial skills: pro formas, development budgets, and capital stack structuring
- Working knowledge of zoning, land use, and the New Jersey municipal approval process
- Experience managing architects, consultants, and general contractors
- Clear, confident communication, negotiation, and presentation skills
- Bachelor's degree in real estate, finance, architecture, engineering, construction management, urban planning, or a related field
- Advanced Excel
Nice To Haves
- experience with Argus, Yardi, or similar real estate software
- New Jersey multifamily, mixed-use, or industrial experience
- existing relationships with municipalities, lenders, and contractors
- an MBA or MRED
Responsibilities
- Find and evaluate new development and redevelopment opportunities, including site analysis, market studies, and highest-and-best-use reviews
- Build pro formas and investment memos, and present recommendations to ownership and the investment committee
- Lead zoning, site plan, subdivision, and other land-use approvals, and represent Denholtz at public hearings and community meetings
- Select and manage land-use attorneys, architects, engineers, and traffic and environmental consultants
- Drive design, permitting, value engineering, and contractor bidding and selection
- Own development budgets, schedules, and cash-flow forecasts, and support construction and permanent financing, including lender due diligence and draw requests
- Pursue tax incentives, PILOT agreements, redevelopment designations, and grants where they fit
- Oversee general contractors through completion, tracking cost, schedule, quality, and safety, and approve change orders within your authority
- Hand off completed projects to property management and support lease-up and stabilization
- Hire, lead, and mentor the development team, and deliver regular project reports to ownership, partners, and lenders
Benefits
- Annual performance bonus
- Participation in project promote and incentive plans
- Medical, dental, and vision insurance
- 401(k) with employer match
- Paid vacation, sick days, and holidays
- Professional development support
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What This Job Offers
Job Type
Full-time
Career Level
Senior
