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Director of Development

Salary
Competitive
Employment
Full Time
Work Place
Office
Real Estate Field
Location
Bethesda
 MD
Postal Code
20816
Country
United States

This job is no longer active.

Description


Company Description

Our mission is to make real estate investments, primarily focused on the multifamily sector within the continental US, where outcomes are enhanced through human capital and substantial value is created for investors, teammates, and the communities in which we operate. 

Our vision is to be best-in-class real estate investors, developers, and portfolio managers, inspired by a talent tam committed to strong financial performance and outstanding corporate citizenship. Do you want to be a part of our vision?

Aimco is seeking a Director of Development to join our team in Bethesda, MD. 

Job Description

Job Summary: The Director of Development oversees many aspects of the development and repositioning of real estate projects in the Northeast/Mid-Atlantic. In collaboration with the Senior Leadership and Executive Team, this individual will have responsibility for the planning, Pro-forma modeling, and project management of development projects, including a portfolio of multi-family properties that may include garden-style, mid-rise, and high-rise properties. Projects will include a range of project types including large-scale renovations of existing assets and ground-up development on existing sites.

Essential Functions: 

  • Partner with the Regional VP and executive leadership team on varied development and projects throughout the region, which includes DC, Philadelphia, NYC, and Boston.
  • Support additional development projects nationally as necessary.
  • Work closely with business leaders across the organization to drive projects from inception to completion.
  • Actively manage aspects of the development and redevelopment process, including feasibility, financial analysis, market research, demographic studies, entitlements, and other necessary governmental approvals, and the oversight of site, engineering, landscape, and architecture plans, with collaborative support from the Senior Development Leadership.
  • Review and approve plans during schematic, design development, and construction drawing phases.
  • Participate in planning charrettes.
  • Partner with construction professionals to ensure successful pre-construction planning and construction completion of complex projects.
  • Partner with 3rd party operations team to ensure a successful transition from construction to lease-up of the project to stabilization.
  • Partner with Aimco’s Finance team to create and maintain detailed financial models and reports.
  • Create investment packages/presentations for internal and external stakeholders.
  • Provide support for due diligence and acquisitions, when needed.

Qualifications

Salary Range: The expected pay range for this role is $125,000-$160,000 plus annual bonus potential and will be commensurate with the experience and skills of the selected candidate. 

Benefits & Perks

At Aimco, we believe our team members are our number one asset. Because of this, we strive to offer top-notch benefits, including:

  • Comprehensive medical, prescription, vision, and dental coverage, with Aimco paying 90+% of team member medical care premiums.
  • Low monthly premiums and low deductible plans are available. Team members may choose from an HSA or PPO healthcare plan.
  • The opportunity to participate in an HSA (Health Savings Account) with an annual company contribution.
  • Company-paid life insurance and company-paid short- and long-term disability. Additional supplemental plans are available.
  • A robust EAP (Employee Assistance Program).
  • Up to a 4% 401(k) company-paid match.
  • Tuition Assistance Program. Up to 100% Reimbursement on Professional Certification/Licensing for Job Related Curriculums.
  • 15 hours of paid time annually to give back to your community.
  • TONS of free and unlimited healthy snacks and sparkling beverages.
  • Fun and collaborative office activities including volunteering events, parties, and company-sponsored events.

At Aimco, we also believe that our team members’ families are our team members’ number one asset, and because of that, we also offer:

  • Paid Vacation, 10 Paid Holidays, Wellness Bonus Days, and Paid Sick Time.
  • Paid parental leave of up to 16 weeks, following the birth or adoption of a child.
  • Consumer discounts from various products and services including travel planning, wireless phones, health and fitness, home appliances, and more.
  • Ability to work from home with manager approval.

Aimco recognizes that we live and work in unprecedented times due to the impacts of the COVID-19 pandemic. Aimco continues to follow the CDC recommended workplace guidelines for COVID-19 policies to provide a safe environment to work, including temperature checks, daily cleaning, and sanitizing, recommending vaccinations and/or mask-wearing, free antigen tests, etc. 

Aimco strives for continuous improvement. This focus extends throughout our business and is especially true in our longstanding commitment to corporate responsibility. Read Aimco's Corporate Responsibility Report on our webpage at  

Aimco values diversity and provides equal employment opportunities to all employees and applicants for employment. Aimco prohibits discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state or local laws.

Job Function


 

Job Sector


 

Experience


5+ to 7 years


This job is no longer active.

Development Residential Bethesda Full Time MD Development Director of Development other