Development Director - Multifamily and Mixed-Use

Greenberg Gibbons Commercial

Raleigh, NC

Salary Estimate: Confidential

Employment Type: Full Time

Work Place: Office , Hybrid

Experience Required: 2+ to 5 years

Education Required: Graduate Degree

Job Description

 Hiring For: Real Estate Development Director – Raleigh, NC or Baltimore, MD. 

GREENBERG GIBBONS (GG) is seeking a Development Director to work as an integral part of the company’s new development team. The Development Director will report to the SVP of Development and work with the team in all aspects of the development process for mixed-use, multifamily, and commercial development, including acquisition, underwriting, zoning/entitlements, design, permitting, financing, construction, leasing, delivery, and disposition. 

Greenberg Gibbons is headquartered in Baltimore, Maryland.  This position can be based out of either Raleigh, NC or our Baltimore, MD home office. 

Desired skills and experience include:
  • Bachelor’s degree. Master’s degree in business or related field preferred.
  • Minimum of 3 years of relevant development or real estate experience. Multifamily experience preferred.
  • Highly organized and proven ability to work effectively within a team environment to drive its success.
  • Excellent analytical and problem-solving skills, with attention to detail.
  • Strong communication and interpersonal skills. Self-starter and highly motivated.
  • Ability to prioritize and manage multiple tasks simultaneously.
  • Travel as needed for project or company-related tasks and meetings.
Responsibilities will include, but are not limited to:
  • Lead day-to-day project management of projects, including communication and coordination with internal teams and third-party consultants.
  • Underwrite projects and maintain updated financial models and budgets of ongoing projects. Track and analyze industry/market trends/comps to influence underwriting.
  • Manage due diligence process collaboratively with internal teams and external consultants.
  • Assist in RFP and contracting process for all consultants (architects, engineers, etc.)
  • Assist in the management of the entitlement process with municipal staff to actively problem solve while preparing responses to comments and presentations to municipal authorities.
  • Coordinate and participate in design, construction, and leasing/property management meetings through delivery and/or disposition.
  • Coordinate and lead internal project update meetings. Track and report on project schedules; budgets; and status of entitlements, design and operations to senior management.
  • Prepare investment packages for partners and investors to secure necessary project approvals.
  • Assist with the financial closing in conjunction with partners, lenders, legal counsel, and other project team members.
  • Prepare progress reports for partners, investors, and senior management to update on project status including financial metrics.
  • Review draw packages for accuracy and compare to appliable proposals/contracts.
  • Provide support to construction during construction phase.
  • Manage project to completion including rent commencement/lease-up, development budget reconciliations, and project close-out.
  • Assist with analysis and underwriting of new opportunities.
This is an exciting opportunity to work for a stable, well established and growing company!   
Qualified candidates may send cover letter, resume and salary requirements to: David Bookhout, SVP of Development & Investments at dbookhout@ggcommercial.com 

Why you’ll love GG!
  • We work hard but keep it fun! 
  • Competitive compensation and bonus potential
  • Excellent health benefits
  • 401k 
  • Company events 
  • Emphasis on community and social responsibility 
 
About Greenberg Gibbons

Celebrating 57 years of success, Greenberg Gibbons is one of the East Coast’s premier developers, investors, owners, and operators of mixed-use, retail, commercial, and residential properties. The firm’s rapidly expanding portfolio includes more than 6.7 million square feet and $1.6 billion in assets. Its innovative ground-up development and revitalization projects create engaging destinations and inspiring experiences, while making a positive ripple effect in the communities they serve. Headquartered in Baltimore, Greenberg Gibbons has more than 55 projects across eight states. For more information, visit www.ggcommercial.com. 

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