CBRE
Senior Vice President Development Investment - Trammell Crow Company
CBRE, San Francisco, California, United States, 94199
ABOUT THE ROLE
Senior Vice President Development Investment - Trammell Crow Company Job ID 216695 Posted 05-May-2025 Service line: REI Segment Role type: Full-time Location: San Francisco - California - United States of America At Trammell Crow Company, we have built our business – and reputation – by hiring great people. We believe outstanding, capable and dedicated employees have laid the foundation of our success and are our most valuable asset. Trammell Crow Company cultivates an environment that empowers its employees to be the best. When you join TCC, you are joining a dedicated team of people who are committed to upholding our RISE (Respect, Integrity, Service, Excellence) Values. Our RISE values fuel our mission for a diverse, equitable, and inclusive work environment so our people, our business partners and the communities in which we build: thrive. We are driven by our most powerful asset—our people. Comprised of teams possessing passion, innovation, and an open culture of excellence, we are actively seeking talent with a diverse set of backgrounds and experiences across all industries to apply for open positions. Our
Senior Vice President, Development Investment
role is responsible for securing control of development opportunities, successfully completing development projects, and managing project teams as required to execute the development plan in the Northern California office with particular emphasis on the industrial product type. WHAT YOU’LL DO
To perform this job successfully, an individual is to perform each essential duty at an institutional standard. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. Manage Market Relationships
:
Develop relationships with, and regularly communicate with other market participants (investors, brokers, tenants, lenders, engineers, appraisers, etc.) to maintain current knowledge of market conditions and opportunities
Active involvement in the community and industry organizations
Source
:
Identify and gain control of new development and build-to-suit development opportunities
Create and implement product-specific business plans.
Shape :
Manage predevelopment process to include due diligence, entitlements, risk mitigation, and overall deal viability
Be accountable for assumptions in the development underwriting.
Capitalize Deals :
Negotiate and secure deal terms from a variety of debt and equity sources for purposes of determining optimal capital structure
Interact with capital partners on day-to-day communications regarding project progress
Present :
Create investment packages and present and manage projects through internal Investment Committee process
Execute :
Manage the planning, organization, and controls for a major project(s), functional area, or department
Determine project execution, operating budgets, including hiring of project leasing and property management teams, negotiating major leases, overseeing other team members' negotiations, managing acquisition and disposition of assets and other related activities
Lease-up, stabilize, and monetize investments
Update
:
Regularly review investment progress and statistics in company’s proprietary asset management system (ELITE)
Manage information on assigned projects to ensure completeness and accuracy of data
Lead Teams
:
May be responsible for a mix of direct and matrix reports
Responsible for providing valuable feedback during recruitment, selection, promotion, and advancement processes for direct reports
Monitor appropriate staffing levels and report on utilization and deployment of human resources
Leads and supports team in areas of staffing, selection, training, development, coaching, mentoring, measuring, appraising and rewarding performance and retention
Lead by example and model behaviors consistent with TCC's values
Negotiate
:
Support deal document redlining, tracking and completion for term sheets, purchase and sale agreements, loan documents, and lease agreements
Maintain interface with external clients and internal business units, ensuring fast response time for all prospective investments, tenants, and potential third-party sponsors
Work Environment and Travel:
Role is primarily in office with expected travel to job sites within the region.
Other duties may be assigned.
WHAT YOU’LL NEED
Education
:
Bachelor's degree in business, engineering, or architecture from an appropriate 4-year college program, a law degree, MBA, or other relevant graduate degree preferred.
Industry Experience :
It is preferred, but not required, for candidates to have at least ten years of experience in commercial real estate, finance, investment, or consulting role that required strong analytical, financial, and project management skills
Typically, candidates will have a track record in sourcing, shaping, and executing profitable development projects with emphasis on industrial
Requires in-depth knowledge of financial and real estate terms and principles
Negotiating Skills :
Demonstrated track record of successful negotiation with key stakeholders, including employees, top management, investors, lenders, sellers, tenants, public and private stakeholders, and community groups, to take desired action
Management Experience
:
Demonstrated capability of leading multiple individuals on teams and developing and executing business strategy
Experience dealing with procedures, company policies and business practices
Requires expert level analytical and quantitative skills with proven experience in developing strategic solutions
Financial Knowledge :
Demonstrated understanding of financial and real estate terms and principles
Ability to calculate intermediate figures such as percentages, discounts, present value, internal rates of return, and/or commissions
Ability to analyze financial statements from outside sources
Problem Solving Skills
:
Ability to comprehend, analyze, and interpret business documents and financial analysis
Ability to solve problems and progress projects in complex, ambiguous situations
Ability to prioritize activities to best support the company’s business
Entrepreneurial Spirit :
Self-motivated attitude and mentality
Action-oriented, productive, decisive, inspirational, innovative, and self-sacrificing
Ability to embrace change, critical questioning, and continuous improvement
Communication Skills
:
Support TCC senior team members and company clients by communicating effectively throughout the development process
Ability to conduct research and draft reports, presentations, and other forms of internal and external communication using a distinctive style
Ability to provide efficient, timely, reliable, and courteous service to coworkers and partners
Ability to respond effectively to sensitive issues. Demonstrated strength in both written and verbal communication. Strong organizational and time management capabilities
Project Management Skills
:
Ability to work with multiple stakeholders to create achievable project schedules, track milestone dates, and meet project deadlines
Ability to manage multiple consultants and synthesize information and report out status and key decision points to senior members
Applicants must be currently authorized to work in the United States without the need for visa sponsorship now or in the future
Trammell Crow Company carefully considers multiple factors to determine compensation, including a candidate’s education, training, and experience. The minimum salary for this position is $190,000 annually and the maximum salary for the position is $210,000 annually. The compensation that is offered to a successful candidate will depend on the candidate’s skills, qualifications, and experience. Successful candidates may also be eligible for a discretionary bonus based on TCC’s applicable benefit program. Equal Employment Opportunity:
CBRE has a long-standing commitment to providing equal employment opportunity to all qualified applicants regardless of race, color, religion, national origin, sex, sexual orientation, gender identity, pregnancy, age, citizenship, marital status, disability, veteran status, political belief, or any other basis protected by applicable law. Candidate Accommodations:
CBRE values the differences of all current and prospective employees and recognizes how every employee contributes to our company’s success. CBRE provides reasonable accommodations in job application procedures for individuals with disabilities. If you require assistance due to a disability in the application or recruitment process, please submit a request via email at recruitingaccommodations@cbre.com or via telephone at +1 866 225 3099 (U.S.) and +1 866 388 4346 (Canada). Trammell Crow Company’s content is provided for informational purposes only. Find out more at https://www.trammellcrow.com/
#J-18808-Ljbffr
Senior Vice President Development Investment - Trammell Crow Company Job ID 216695 Posted 05-May-2025 Service line: REI Segment Role type: Full-time Location: San Francisco - California - United States of America At Trammell Crow Company, we have built our business – and reputation – by hiring great people. We believe outstanding, capable and dedicated employees have laid the foundation of our success and are our most valuable asset. Trammell Crow Company cultivates an environment that empowers its employees to be the best. When you join TCC, you are joining a dedicated team of people who are committed to upholding our RISE (Respect, Integrity, Service, Excellence) Values. Our RISE values fuel our mission for a diverse, equitable, and inclusive work environment so our people, our business partners and the communities in which we build: thrive. We are driven by our most powerful asset—our people. Comprised of teams possessing passion, innovation, and an open culture of excellence, we are actively seeking talent with a diverse set of backgrounds and experiences across all industries to apply for open positions. Our
Senior Vice President, Development Investment
role is responsible for securing control of development opportunities, successfully completing development projects, and managing project teams as required to execute the development plan in the Northern California office with particular emphasis on the industrial product type. WHAT YOU’LL DO
To perform this job successfully, an individual is to perform each essential duty at an institutional standard. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. Manage Market Relationships
:
Develop relationships with, and regularly communicate with other market participants (investors, brokers, tenants, lenders, engineers, appraisers, etc.) to maintain current knowledge of market conditions and opportunities
Active involvement in the community and industry organizations
Source
:
Identify and gain control of new development and build-to-suit development opportunities
Create and implement product-specific business plans.
Shape :
Manage predevelopment process to include due diligence, entitlements, risk mitigation, and overall deal viability
Be accountable for assumptions in the development underwriting.
Capitalize Deals :
Negotiate and secure deal terms from a variety of debt and equity sources for purposes of determining optimal capital structure
Interact with capital partners on day-to-day communications regarding project progress
Present :
Create investment packages and present and manage projects through internal Investment Committee process
Execute :
Manage the planning, organization, and controls for a major project(s), functional area, or department
Determine project execution, operating budgets, including hiring of project leasing and property management teams, negotiating major leases, overseeing other team members' negotiations, managing acquisition and disposition of assets and other related activities
Lease-up, stabilize, and monetize investments
Update
:
Regularly review investment progress and statistics in company’s proprietary asset management system (ELITE)
Manage information on assigned projects to ensure completeness and accuracy of data
Lead Teams
:
May be responsible for a mix of direct and matrix reports
Responsible for providing valuable feedback during recruitment, selection, promotion, and advancement processes for direct reports
Monitor appropriate staffing levels and report on utilization and deployment of human resources
Leads and supports team in areas of staffing, selection, training, development, coaching, mentoring, measuring, appraising and rewarding performance and retention
Lead by example and model behaviors consistent with TCC's values
Negotiate
:
Support deal document redlining, tracking and completion for term sheets, purchase and sale agreements, loan documents, and lease agreements
Maintain interface with external clients and internal business units, ensuring fast response time for all prospective investments, tenants, and potential third-party sponsors
Work Environment and Travel:
Role is primarily in office with expected travel to job sites within the region.
Other duties may be assigned.
WHAT YOU’LL NEED
Education
:
Bachelor's degree in business, engineering, or architecture from an appropriate 4-year college program, a law degree, MBA, or other relevant graduate degree preferred.
Industry Experience :
It is preferred, but not required, for candidates to have at least ten years of experience in commercial real estate, finance, investment, or consulting role that required strong analytical, financial, and project management skills
Typically, candidates will have a track record in sourcing, shaping, and executing profitable development projects with emphasis on industrial
Requires in-depth knowledge of financial and real estate terms and principles
Negotiating Skills :
Demonstrated track record of successful negotiation with key stakeholders, including employees, top management, investors, lenders, sellers, tenants, public and private stakeholders, and community groups, to take desired action
Management Experience
:
Demonstrated capability of leading multiple individuals on teams and developing and executing business strategy
Experience dealing with procedures, company policies and business practices
Requires expert level analytical and quantitative skills with proven experience in developing strategic solutions
Financial Knowledge :
Demonstrated understanding of financial and real estate terms and principles
Ability to calculate intermediate figures such as percentages, discounts, present value, internal rates of return, and/or commissions
Ability to analyze financial statements from outside sources
Problem Solving Skills
:
Ability to comprehend, analyze, and interpret business documents and financial analysis
Ability to solve problems and progress projects in complex, ambiguous situations
Ability to prioritize activities to best support the company’s business
Entrepreneurial Spirit :
Self-motivated attitude and mentality
Action-oriented, productive, decisive, inspirational, innovative, and self-sacrificing
Ability to embrace change, critical questioning, and continuous improvement
Communication Skills
:
Support TCC senior team members and company clients by communicating effectively throughout the development process
Ability to conduct research and draft reports, presentations, and other forms of internal and external communication using a distinctive style
Ability to provide efficient, timely, reliable, and courteous service to coworkers and partners
Ability to respond effectively to sensitive issues. Demonstrated strength in both written and verbal communication. Strong organizational and time management capabilities
Project Management Skills
:
Ability to work with multiple stakeholders to create achievable project schedules, track milestone dates, and meet project deadlines
Ability to manage multiple consultants and synthesize information and report out status and key decision points to senior members
Applicants must be currently authorized to work in the United States without the need for visa sponsorship now or in the future
Trammell Crow Company carefully considers multiple factors to determine compensation, including a candidate’s education, training, and experience. The minimum salary for this position is $190,000 annually and the maximum salary for the position is $210,000 annually. The compensation that is offered to a successful candidate will depend on the candidate’s skills, qualifications, and experience. Successful candidates may also be eligible for a discretionary bonus based on TCC’s applicable benefit program. Equal Employment Opportunity:
CBRE has a long-standing commitment to providing equal employment opportunity to all qualified applicants regardless of race, color, religion, national origin, sex, sexual orientation, gender identity, pregnancy, age, citizenship, marital status, disability, veteran status, political belief, or any other basis protected by applicable law. Candidate Accommodations:
CBRE values the differences of all current and prospective employees and recognizes how every employee contributes to our company’s success. CBRE provides reasonable accommodations in job application procedures for individuals with disabilities. If you require assistance due to a disability in the application or recruitment process, please submit a request via email at recruitingaccommodations@cbre.com or via telephone at +1 866 225 3099 (U.S.) and +1 866 388 4346 (Canada). Trammell Crow Company’s content is provided for informational purposes only. Find out more at https://www.trammellcrow.com/
#J-18808-Ljbffr