Related Group
From Related Group's careers page
Status: listed on the employer's own careers page when we last checked (daily). Confirm on their site before applying.
Founded in 1979, Related Group has evolved from an affordable housing developer into a global leader in sophisticated metropolitan living, renowned for its iconic designs, groundbreaking partnerships, and museum-quality art installations. Over 45 years, Related has built, rehabilitated, and managed over 110,000 units, earning its place as one of the most prolific names in real estate. Today, the company is in its most significant expansion yet, with more than 90 active developments across the U.S. and Latin America, spanning luxury condominiums, market-rate rentals, mixed-use centers, and affordable properties. Led by the Pérez family and a team of the industry's top veterans, Related continues to push the industry bar higher, delivering innovative residential communities that positively transform cities, forge new trails and improve quality of life across all demographics.
The Development Manager position will be responsible for managing due diligence, entitlements, design and construction for a series of new construction and acquisitions for the company.
The DM will interface directly with the company’s property acquisition staff during acquisition and property evaluation, will work directly with company principals in planning project design and site layout, will manage all consultants during the due diligence phase, will interface directly with municipal authorities, transportation departments, environmental regulatory organizations and will manage creation of construction plans and approval thereof in conjunction with construction management staff before turning the project over to construction managers. The individual will remain involved during construction monitoring progress, schedules, and costs.
Lead the pre-development process which includes, but is not limited to, market and site identification, contract negotiations, preliminary architecture and site design, zoning / rezoning, deal structuring and underwriting, marketing, relationship building / management with both internal and external partners, local government support, etc.
Maximize development profitability of construction and renovation projects by ensuring the scope, schedule and budget of all construction activities meets the specified project objectives outlined in the business plan
Determine market and financial feasibility of new real estate opportunities. Calculate financial worth potential of proposed developments including pro forma analysis, profitability analysis, and internal rate of return analysis.
Prepare accurate development timelines; submit monthly reports documenting job status.
Ability to prepare financing packages including: Budget, bids, contracts, and RFP generations for new construction;, construction and permanent financing, and equity syndication or other appropriate funding sources.
Lead the permitting and entitlement process for the projects
Review design documents for coordination and accuracy between the various consultants
Distribute information to construction, management and accounting staff when appropriate.
Coordinate marketing efforts including print material, digital strategy, unit layouts, website launches, sales launches, sales center design and construction, and leasing collateral.
Coordinate with other departments in order to successfully generate a pipeline of deals.
Qualified candidates should possess significant experience in dealing with site development issues within the context of Multifamily Condo development projects.
3+ years of experience in engineering, planning, residential and commercial development projects, land and vertical construction/development budgets, and/or entitlements are a plus.
Strong organizational and time management skills as well as the ability to multi-task and work independently with little supervision are required.
A basic understanding of construction standards and practices is also needed.
Must have multifamily or condominium development experience
Proficiency with MS Office Suite, internet research, and project tracking software is necessary.
Bilingual in Spanish a plus
MBA and/or finance experience preferred
Base Salary and Performance bonus
Medical, dental, vision, legal services, flexible spending account.
Employer Match Commuter Benefits.
The benefits package includes 100 percent employer-paid life and disability insurance.
Employer Matching 401k.
Upward Mobility
Employee Engagement and Wellness programs.
Company-paid Vacation, Sick, Personal, and Holiday Time.
Opportunities for Professional Development and Tuition Reimbursement.
The Related Group is proud to be an Equal Opportunity Employer.
We are a Drug-Free Workplace.
Equal Opportunity Employer
This employer is required to notify all applicants of their rights pursuant to federal employment laws. For further information, please review the Know Your Rights notice from the Department of Labor.
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