Senior Manager, Investments (Development)

Regency CentersRaleigh, NC
Hybrid

About The Position

At Regency Centers, our people are our greatest asset, and we believe that our highly skilled and talented team makes us better. We are seeking a Senior Manager, Investments (Development) to join our Raleigh, NC or Jacksonville, FL office. Regency’s development program continues to grow and currently includes 17 projects and $680 million of in process (re)developments nationwide. The Senior Manager of Investments (Development) will be involved in all aspects of the development process including deal sourcing, networking, acquisition, underwriting, zoning/entitlements, design, permitting, construction, leasing negotiation and delivery. This individual will be responsible for supporting the team in making daily advancement of development projects and will encounter a variety of roles from high-level decision making to daily project and team coordination.

Requirements

  • Bachelor’s degree in Business, Communications, Engineering, or related discipline from an accredited institution
  • At least five (5) years of related work experience in commercial real estate to include leasing or brokerage work
  • Extensive local market knowledge and local business network contacts
  • Development, construction, leasing, due diligence, and underwriting and/or financial modeling experience
  • Deep knowledge of development fundamentals; including the process, underwriting, design, entitlement, construction, and project management
  • Intermediate proficiency using MS Office software including Word, Excel, PowerPoint and Outlook
  • Intermediate spreadsheet and financial analysis skills
  • Ability to travel within the region

Nice To Haves

  • Master’s Degree in Real Estate Development, MBA with Finance and real estate courses, or related field
  • Membership in and actively attends local events with industry organizations (e.g., ICSC, ULI)
  • Strong knowledge of commercial real estate and retail industries
  • Intermediate proficiency using Adobe Acrobat or Bluebeam

Responsibilities

  • Assist with the development and redevelopment of shopping centers by managing the day-to-day development process, requiring close coordination with the Leasing and Operations teams.
  • Identify potential acquisition and development opportunities and conduct outreach to prospects through research.
  • Work with internal teams and manage external resources throughout the project planning process.
  • Define the entitlement path and interface with governmental agencies to obtain approvals.
  • Provide analytical support in market evaluations, anchor tenant evaluations, land use and cost estimating.
  • Assist operations department with projects that require development expertise.
  • Develop and maintain industry relationships (e.g., with tenants, brokers, joint venture partners, etc.).
  • Complete other special projects as necessary.

Benefits

  • 23+ PTO days annually
  • 11 paid holidays (in addition to PTO)
  • Paid leave programs (parental, compassion, bereavement, jury duty, and military)
  • Health Advocacy + Employee Assistance Program (EAP)
  • 401(k) with a generous company match of up to $5,000 annually plus corporate profit sharing
  • Anniversary stock grant awards of up to $1,000
  • Health Savings Account (HSA), Health Care FSA, and Dependent Care FSA
  • 100% company paid Life Insurance/AD&D and Disability Insurance
  • Voluntary benefits (supplemental life/AD&D, critical illness, accident, hospital indemnity, and identity theft)
  • Student loan repayment resources
  • Medical, Dental and Vision Insurance
  • Award winning and incentives-based wellbeing program through Personify Health
  • Family planning, mental health, and pain management programs
  • 52 hours per year of paid Volunteer Time Off
  • Company gift matching
  • Tuition reimbursement
  • Continued education opportunities
  • LinkedIn Learning premium subscription
  • Professional membership support
  • Employee Resource Groups
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