Multifamily Development Manager

Carmel Partners is a well-capitalized private real estate firm with expertise in Investment and Development of multi-family real estate. We offer an entrepreneurial, and a fast-paced work environment with passionate and motivated people who have a drive to learn, innovate and succeed.

We are seeking a Development Manager/Director, Execution who will be involved in all aspects of the development of new multi-family rental projects. The Development Director, while reporting to the VP of Development, is expected to operate with a high level of independence throughout a project’s execution and is responsible and accountable for bottom line results and final execution for each assigned project.

Location: Washington DC. 

What you'll be doing: 

• Responsible for, under the guidance of the VP of Development, managing phases of multiple development projects which includes, but is not limited to:
• Coordinate with multiple internal and external groups to ensure the design and delivery of successful projects.
• Coordinate with multiple internal and external groups to ensure the design and delivery of successful projects
• Create and maintain development schedule for deliverables required by construction and design team.
• Internal team coordination - Operations, Marketing, Construction, Asset Management, IT, Accounting
• Manage project proformas - budgets, schedule, timing, market assumptions, underwriting assumptions
• Update monthly development reports for distribution
• Run and oversee minutes for Owner/Architect/Contractor (OAC) meetings, prior to construction start
• Participate in external consultant identification and selection.
• Participate in weekly OAC meetings, after construction start.
• Coordinate branding and marketing efforts
• Coordinate branding and marketing efforts
• Permit coordination
• Project cost management - Soft Cost
• Attends work as scheduled to support the ongoing success of the company
• Other duties, responsibilities and special projects as assigned

 Skills we're seeking: 

• Bachelor’s degree required, Graduate degree in Business, Finance or Real Estate highly preferred.
• 5-7 years’ experience in Multi-Family Development
• Knowledge of Type V to Type I construction projects
• Strong analytical skills and able to multi-task in a constantly changing environment
• Strong verbal, written and interpersonal communication skills
• Well-rounded functional background including finance, acquisitions, development, marketing, construction and management
• Proven negotiating and influencing skills
• Experience in and in-depth knowledge of targeted local markets for position
• Strong knowledge of computers, Windows (Word, Excel, PowerPoint) as well as the internet.
• Strong leadership and the ability to develop relationships with clients and colleagues
• Ability to manage multiple projects and work well under time and other constraints
• Strong analytical skills and a drive for measurable results
• Strong verbal, written and interpersonal communication skills
• Dependable judgment and impeccable integrity