Director of Development

Job Description

• Identify development sites for retail and self-storage working directly with sellers and brokers
• Conduct preliminary feasibility studies and project underwriting
• Create and maintain investor memos and investor reporting during all phases of the project
• Prepare detailed project proformas and models for the project including complex investment waterfalls
• Create acquisition strategy document for principal’s review and input
• Create and maintain project budgets and schedules during all project phases
• Negotiate letters of intent and purchase agreements with sellers
• Coordinate and manage all due diligence activities and closing schedules
• Coordinate and manage architects and engineers to create project concepts and programming recommendations for management
• Manage architects and engineers through the design and construction document phases
• Work with city planners and legal counsel to manage the entitlement process including zoning applications, conditional use permits, public hearings and final approvals
• Manage architects, engineers and expediters through project permitting
• Create bid packages and conduct bid process to general contractors, level set bids and provide general contractor recommendations to management
• Manage the leasing team and negotiate all LOI’s and leases
• Build direct relationships with anchor and other key tenants
• Oversee the general contractor and manage the construction schedule  
• Manage change orders and resolve construction related issues
• Maintain files and work product in company’s shared drive
• Track pipeline and all tasks in the company’s project management software
• Other ad hoc tasks at the direction of the firm’s Principal

• Minimum of 5–7 years of experience in real estate development (retail preferred).
• Bachelor’s degree required; Master’s in Real Estate, Business, or related field preferred.
• Strong knowledge of entitlement, permitting, design, and construction processes.
• Proven track record of managing multiple projects from site selection through construction.
• Advanced financial modeling and underwriting skills, including complex waterfalls.
• Excellent negotiation, communication, and relationship management skills.
• Highly organized, detail-oriented, and capable of leading cross-functional teams.
• Entrepreneurial, self-motivated, and able to thrive in a fast-paced, project-driven environment.
• Flexibility to work extended hours and travel as required to meet deal and project deadlines.