Vice President/Senior Vice President - Development

Transwestern•Dallas, TX

1d•Onsite

About The Position

Four dynamic, integrated companies make up the Transwestern enterprise, giving us the perspective to think broadly, deeply and creatively about commercial real estate. Clients and investors rely on us for expertise that spans institutional and opportunistic investment, development, hospitality, and brokerage and asset services. Our award-winning, collaborative culture empowers team members with resources and independence to work across boundaries in pursuit of innovative solutions, reinforcing a reputation for service excellence that translates to measurable results. Through offices nationwide and alliance partners around the globe, we positively impact the built environment and our communities while fostering a work climate that champions career vitality for all. Learn more at transwestern.com and @Transwestern. Part of the Transwestern companies, Transwestern Real Estate Services (TRS) strives to add value for investors, owners, and occupiers across all commercial property types. Fueled by a holistic perspective of the real estate life cycle, agility and creativity are hallmarks of our approach, while vast national resources and sound market intelligence underpin customized recommendations and property solutions. Transwestern is built on a common purpose - Empowering Good People to do Extraordinary Things Together. We are committed to the hiring of smart, passionate, hard-working people who understand the benefits of both collaboration and independence. POSITION SUMMARY: The VP/SVP is to primarily source new deals to help grow the company’s development activities and to attract and mentor junior development talent. This person will also maintain relationships with our lenders, capital partners, various jurisdictional agencies, and key stakeholders. A strong track record in opportunity sourcing (land acquisitions) and structuring transactions is essential, along with a comprehensive understanding of industrial real estate market dynamics. The primary responsibility will be sourcing development opportunities throughout Dallas, TX. It is also the responsibility of the Senior Development Manager to deliver the Transwestern Experience when interacting and communicating with tenants, owners, vendors, and fellow team members.

Requirements

A bachelor’s degree with emphasis in finance, real estate, or development.
A minimum of 7-10 years of progressive Industrial development experience preferred.
Applicable experience in architectural, civil and interior design plan review.
Advanced proficiency in reading/drafting legal contracts and joint venture agreements.
Proficiency with Microsoft Word, Excel and Adobe.
Ability to foster sense of confidence and trust among land sellers, investment sales brokers, municipal officials, construction and leasing personnel and internal partners.
Demonstrate strong analytical capabilities with a high attention to detail.
Ability to handle multiple projects, changing priorities and time-sensitive, workload.
Ability to provide general direction/be self-managed/work independently.
Ability to provide efficient, timely, reliable, and courteous service to internal and external customers.
Ability to keep information and internal communications confidential.
Exhibit excellent verbal and written communication skills.
Must be able to remain in a stationary position 50% or more of the time/constantly operate a computer and other office productivity machinery (ex. a calculator, copy machine, computer printer) or, by request, be provided reasonable accommodations to perform the essential functions of the position.
Travel may be required.

Nice To Haves

Master’s in Real Estate or MBA with Real Estate concentration preferred.

Responsibilities

Network with land sellers, land brokers, land use attorneys, potential joint venture partners and other sources of new and attractive development opportunities.
Perform market studies and analyses to document trends and support new business development opportunities.
Meet with community and business groups to obtain community support for development.
Negotiate with jurisdictional agencies to define development agreements, proffers, easements, etc. to secure all necessary entitlements.
Responsibility for all financial models and play an essential role in financial analysis and underwriting new development investment opportunities and Investment Committee packages.
Effectively facilitate and coordinate project consultants, trades, and construction managers throughout the project life cycle.
Ensure projects remain on time and on budget.
Work collaboratively with an in-house Construction Manager to manage day-to-day construction activities and keep the project aligned with the approved vision, budget, and schedule.
Work with accounting on the monthly draw process to ensure accuracy.
Ensure accuracy and timely distribution of monthly development project reports for capital partners and senior executives.
Collaborate with the Partners on preparation of RFP’s / lease proposals.
Support the regional team in negotiating and closing acquisitions, financing, and dispositions.
Lead in the documentation of joint ventures, loan documents, and purchase and sale agreements through legal counsel.
Assist Partners in interfacing with institutional investors and lenders to finance sourced projects.