Vice President, Acquisition and Development

Legacy PartnersDallas, TX
$190,000 - $200,000Onsite

About The Position

Assist Senior Managing Director with long-range plans to achieve growth and financial profitability through multi-family residential acquisitions and development. Responsible for underwriting all site acquisitions and development projects throughout the Texas region. Coordinate due diligence, predevelopment, entitlements, design, asset management and all other development functions related to the development of multifamily communities. Evaluate and recommend deal structures as well as capitalization to maximize earnings and cash flow.

Requirements

  • Underwriting all site acquisitions and development projects throughout the Texas region.
  • Coordinating due diligence, predevelopment, entitlements, design, asset management and all other development functions related to the development of multifamily communities.
  • Evaluating and recommending deal structures as well as capitalization to maximize earnings and cash flow.
  • Criminal background screening.
  • Pre-employment drug screening.
  • Participate in E-VERIFY.

Nice To Haves

  • Living and working at the same site may provide a housing discount (generally 20%), when there is an open slot—the number of discounts is limited. A New Hire must meet rental qualifications to rent.

Responsibilities

  • Identify and evaluate new development opportunities.
  • Manage due diligence, zoning, permits, and regulatory approvals.
  • Perform financial analysis and support project approvals.
  • Coordinate all phases of development, from planning and design through construction and completion.
  • Collaborate with internal teams and oversee architects, contractors, and consultants.
  • Obtain required inspections and maintain relationships with municipalities and other agencies.
  • Manage capital projects and support asset management activities.
  • Monitor project budgets, schedules, and reporting requirements.
  • Ensure lender compliance and reporting requirements are met.
  • Successfully manage multiple projects at one time (5-7 projects).
  • Travel as needed.

Benefits

  • Comprehensive Health Coverage—Medical, dental, vision, long-term disability, group life, and accidental death and dismemberment insurance.
  • Health Savings Account (HSA) with employer match.
  • Paid Sick Leave – 1 hour accrued per 30 hours worked (max 120 hours).
  • Vacation Time – Accrued based on hours worked (up to 120 hours in the first five years), with additional accrual over time.
  • 10 Paid Holidays Per Year
  • Paid Jury Duty & Bereavement Leave
  • 401(k) with Company Match – Eligible after 90 days of employment with employer contribution.
  • Special Perks & Recognition – Anniversary rewards and sail-away days.
  • A housing discount (generally 20%) may be available when living and working at the same site and when there is an open slot—the number of discounts is limited. A New Hire must meet rental qualifications to rent.
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