Vice President, Development

Brookfield Asset Management•New York, NY

26d•$240,000 - $260,000

About The Position

At Brookfield Properties, our people are the foundation of our success. We are seeking a Vice President of Development to join Brookfield Properties with a focus on the Southeast Region of the U.S. - Office location flexible. In this role, you will play a key role in inspiring change and continual improvement. If you are committed to excellence and ready to contribute to a dynamic culture, we would love to meet you.

Requirements

Bachelor’s degree in related major, graduate degree a plus
10 years relevant commercial real estate transaction & financial analysis experience
Advanced proficiency in Microsoft Excel & ARGUS Enterprise software experience a plus
Excellent interpersonal, analytical, & strategic problem-solving abilities
Strong written & verbal communication skills
Ability to work as part of a team
Ability to compellingly articulate ideas, arguments, & recommendations
Ability to handle large volumes of work; good organizational skills, & ability to manage workflow, prioritize, & meet deadlines
Self-motivated & proactive with respect to managing deliverables & own professional development

Responsibilities

Develop, maintain, & report on financial models for current & prospective development projects
Prepare economic analysis including: DCF projections, return sensitivities, market analysis, lease terms, equity investments, debt structures, etc.
Prepare presentations & reports for public agencies, partners, & internal management
Collaborate with the senior leadership team to develop & evaluate multiple scenarios for each development opportunity
Track project budgets & prepare reports for internal FP&A team; help to set project-related tasks, milestones, & meeting schedules during acquisitions, predevelopment, entitlements, & construction
Support the acquisitions team in underwriting new development & investment opportunities, preparing financial models & performing due diligence
Assist the asset management & leasing teams in pursuing tenants & during lease negotiations
Engage with & help oversee the workflow of architects, engineers, general contractors & other consultants & service providers
Develop & maintain strong working relationships among all stakeholders in the development process, including government officials, community groups, public & private investment partners, land use attorneys, etc., & take an active role in preparing & presenting materials for public meetings
Prepare investment memorandums for the senior leadership team
Coordinate information exchange with regional offices & multiple company divisions such as: Acquisitions, Financing, Design and Construction, Leasing, Asset Management, Legal, & Marketing
Research & maintain market data for core office markets & core tenant industries
Research & summarize identified project constraints such as zoning & land use regulations; develop expertise in all relevant local regulations & trends
Assist in preparing annual business plan strategic goals & objectives
Assist in preparing annual department & project/programming budgets
Identify project risks & help create strategies to offset them & achieve project goals
Assist in preparing project development timelines & obtaining public approvals
Act as an ambassador with neighborhood organizations & external groups