TCC VP Development Investment, Industrial TCC VP Development Investment, Industrial

CBRE•San Francisco, CA

60d•$160,000 - $175,000•Onsite

About The Position

At Trammell Crow Company, we have built our business - and reputation - by hiring great people. We believe outstanding, capable and dedicated employees have laid the foundation of our success and are our most valuable asset. Trammell Crow Company cultivates an environment that empowers its employees to be the best. When you join TCC, you are joining a dedicated team of people who are committed to upholding our RISE (Respect, Integrity, Service, Excellence) Values. Our RISE values fuel our mission for a diverse, equitable, and inclusive work environment so our people, our business partners and the communities in which we build: thrive. We are driven by our most powerful asset—our people. Comprised of teams possessing passion, innovation, and an open culture of excellence, we are actively seeking talent with a diverse set of backgrounds and experiences across all industries to apply for open positions. Our Vice President, Development Investment role is responsible for the coordination of the industrial product type acquisition and development analysis, due diligence, and project execution activities in the Northern California office.

Requirements

MBA, or other relevant graduate degree preferred.
It is preferred, but not required, for candidates to have at least six years of experience in commercial and industrial real estate, finance, investment, or consulting role that required strong analytical, financial, and project management skills.
Demonstrated track record of successful negotiation with key stakeholders, including: employees, top management, investors, lenders, sellers, tenants, public and private stakeholders, and community groups, to take desired action.
Demonstrated understanding of financial and real estate terms and principles
Ability to calculate intermediate figures such as percentages, discounts, present value, internal rates of return, and/or commissions
Ability to analyze financial statements from outside sources
Ability to comprehend, analyze, and interpret business documents and financial analysis
Ability to solve problems and progress projects in complex, ambiguous situations
Ability to prioritize activities to best support the company's business
Self-motivated attitude and mentality
Action-oriented, productive, decisive, inspirational, innovative, and self-sacrificing
Ability to embrace change, critical questioning, and continuous improvement
Support TCC senior team members and company clients by communicating effectively throughout the development process
Ability to conduct research and draft reports, presentations, and other forms of internal and external communication using a distinctive style
Ability to provide efficient, timely, reliable, and courteous service to coworkers and partners
Ability to respond effectively to sensitive issues
Demonstrated strength in both written and verbal communication
Strong organizational and time management capabilities
Ability to work with multiple stakeholders to create achievable project schedules, track milestone dates, and meet project deadlines
Ability to manage multiple consultants and synthesize information and report out status and key decision points to senior members
Applicants must be currently authorized to work in the United States without the need for visa sponsorship now or in the future

Responsibilities

Support the company's efforts to identify and gain control of new speculative and build-to-suit development opportunities
Cultivate relationships with industry professionals (brokers, owners, lenders, etc.) to help in sourcing new opportunities
Support the predevelopment process to include due diligence, entitlements, risk mitigation, and overall deal viability
Be accountable for assumptions in the development underwriting
Manage relationships with key stakeholders through coordination of the design and construction phases
Coordinate with internal TCC Development Management team to create and refine building plans and specifications to ensure the business plan is met
Assist in sourcing debt and equity capital for projects, including developing and reviewing investment summaries, redlining agreements (term sheet, JV documents, loan agreements), and participate in presentations to capital as well as the TCC Investment Committee
Coordinate with TCC Capital Markets to identify and track feedback of capital partners and gather proposed terms from a variety of debt and equity sources to be used in determining optimal capital structure for project
Create investment packages
Present and manage projects through internal Investment Committee process
Responsible for supporting the business plans for development projects, including determination of budgeted market rents and lease structures, operating expenses, and capital budgets
Responsible for asset management of pre-stabilized assets in business unit portfolio, including negotiation of leases, administration of project loan issues pertaining to property operations, directing property managers and leasing agents, communicating with capital partners, and working with business unit principals and investment sale brokers at time of monetization
Regularly review all the company proprietary asset management system (ELITE) information on assigned projects to ensure completeness and accuracy of data
Develop and maintain successful relationships with clients, partners, consultants, architects, contractors, and brokers
Active involvement in the community and industry organizations
Support deal document redlining, tracking and completion for term sheets, purchase and sale agreements, loan documents, and lease agreements
Maintain interface with external clients and internal business units, ensuring fast response time for all prospective investments, tenants, and potential third-party sponsor