San Diego, CA
Salary Estimate: Confidential
Employment Type: Full Time
Work Place: Office
Experience Required: 5+ to 7 years
Education Required: 4 Year College
Job Description
Overview
When you join Hines, you will work alongside innovative leaders who set the standards responsible for our reputation as an industry leader today, and you'll be a part of shaping our future in the years to come.
Responsibilities
As a Director - Entitlement with Hines, you will be responsible for managing multiple real estate entitlement projects. The Director of Entitlement is responsible and accountable for project financial results and investment returns for Hines and its co-investors as it relates to achieving entitlements for specific projects. Responsibilities include, but are not limited to:
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Manage multiple real estate entitlement projects
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Research potential land sites and coordinate with acquisition team
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During pre-acquisition inform underwriting aspects related to, municipal fees, site constraints, entitlement budget, entitlement schedule, construction budget, and the financial implications of required City exactions
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Gain entitlements and permits for development projects through governmental agencies, formulate strategies, and direct internal and external development teams as needed
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Perform all predevelopment activities including feasibility, design, layout and entitlement, permitting and due diligence. With senior management and consultant team determine and program the scope, quality, and design of projects
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Work with senior management on the final development agreements and any easement agreements that need to be obtained
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Complete inspections and review legal documents related to property acquisitions including purchase agreements, title and survey, government agreements and closing exhibits
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Execute and fine tune business plan (process entitlements and position for joint venture or sale; process entitlement and perform vertical construction). Develop and refine plans, designs, cost estimates, permitting and project timelines during the pre-construction period
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Coordinate with construction team throughout predevelopment and into construction to verify a smooth project transition and ensure that all development agreements and assumptions are maintained
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Facilitate correspondence between construction and design teams during entitlement and pre-development
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Update and track all proforma/budget changes throughout the entitlement period
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Develop relationships with landowners, developers, civic and community groups and government agencies conducive to originating, supporting, or processing new opportunities
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Hire, manage and direct the career development of his/her team
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Ensure his/her team has the appropriate technical skills, tools, and facilities to competently perform their roles
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Manage employee performance through the Company's performance review process
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Demonstrate effective management, leadership, coaching and development of staff to achieve Company and project team goals and objectives
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Ensure goals and objectives are established for all staff within designated timeframes
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Ensure job responsibilities and expectations are clearly defined and communicated, work is assigned and distributed appropriately, staff is appropriately trained, and performance issues are addressed in a timely manner
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Conduct regular staff meetings
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Regularly provide formal and informal feedback to team members including discussions of strengths and areas for improvement
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Complete well thought out and well documented performance reviews and annual salary recommendations within designated timeframes
Qualifications
Minimum Requirements include:
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Bachelor's degree in business administration, real estate, economics, or engineering from an accredited institution required. MBA in business, finance, or real estate highly preferred
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Five or more years of related experience
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Experience entitling projects in State of California
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Specific experience with California Environmental Quality Action (CEQA)
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Work indoors approximately 75% of the time and outdoors 25% of the time
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On occasion, perform physical inspections of construction and sales sites
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Ability to lift up to 50 lbs
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Availability to travel within assigned territories as necessary
Hines is a privately owned global real estate investment firm founded in 1957 with a presence in 285 cities in 28 countries. Hines oversees investment assets under management totaling approximately $90.3 billion¹. In addition, Hines provides third-party property-level services to 373 properties totaling 114.2 million square feet. Historically, Hines has developed, redeveloped or acquired approximately 1,530 properties, totaling over 511 million square feet. The firm currently has more than 198 developments underway around the world. With extensive experience in investments across the risk spectrum and all property types, and a foundational commitment to ESG, Hines is one of the largest and most-respected real estate organizations in the world. Visit www.hines.com for more information. ¹Includes both the global Hines organization as well as RIA AUM as of December 31, 2021.
We are an equal opportunity employer and support workforce diversity.
No calls or emails from third parties at this time please.
*Salary is to be discussed during the interview process and the estimated salary shown is inaccurate. The salary offered is determined based on experience.
PI189979789
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