Macdonald & Company
Vice President - Multifamily Development
Macdonald & Company, Dallas, Texas, United States, 75215
Vice President - Multifamily Development
Macdonald & Company is pleased to be exclusively retained by a nationally leading multifamily developer to identify and appoint a Vice President of Multifamily Development for their Dallas office. This individual will play a key role in growing and scaling the current pipeline and will take on a market leadership position.
The company is an established multifamily developer, consistently ranked among the top 15 multifamily developers in the U.S. This role offers the opportunity to collaborate with top-tier professionals internally and provides a clear path for growth into a senior leadership position within the business.
Reporting to the Managing Director for the Dallas market, the Vice President will collaborate with the MD to source development opportunities. The role will be responsible for running pro forma analyses, conducting market research, preparing debt and equity packages, overseeing project design, and managing the development of projects under construction and in the pipeline. Additionally, the Vice President will engage with capital providers and other key stakeholders.
Responsibilities
Site Selection: Identify and track potential development sites, collaborating with the team to pursue the most promising opportunities.
Site Feasibility: Gather and analyze preliminary information related to potential sites, develop an initial strategy for the type of product to be built, and lead and manage the due diligence process for projects under contract.
Finance: Oversee the preparation of finance packages for distribution to potential lenders and equity partners, manage the checklist items requested by lenders and equity partners, and coordinate timely entity formations.
Design: Collaborate with the design team to oversee and manage the design process.
Construction: Closely monitor the project budget and schedule, coordinate the draw process, approve the lease-up budget and strategy, and manage relationships with debt and equity stakeholders.
Leasing: Oversee the lease-up and stabilization of the project in collaboration with Property Management and Asset Management teams.
Relationship Management: Foster and maintain strong relationships with key market players, including landowners, brokers, capital sources, and design and service providers.
Qualifications
Bachelor's Degree in Business, Science, or related discipline (Associate's Degree with related experience acceptable).
Preference for MBA or Masters in Real Estate Development.
Must have experience with all stages of the multifamily development process: from site selection, entitlement and land closing through construction, lease up, and stabilization and/or disposition.
Experience with Excel-based financial models, including making well-reasoned assumptions based on market data and ROI calculations.
4-10 years of industry experience.
Job Details
Seniority level: Mid-Senior level
Employment type: Full-time
Job function: Finance and Project Management
Benefits: Medical insurance, Vision insurance, 401(k)
Referrals increase your chances of interviewing at Macdonald & Company by 2x
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The company is an established multifamily developer, consistently ranked among the top 15 multifamily developers in the U.S. This role offers the opportunity to collaborate with top-tier professionals internally and provides a clear path for growth into a senior leadership position within the business.
Reporting to the Managing Director for the Dallas market, the Vice President will collaborate with the MD to source development opportunities. The role will be responsible for running pro forma analyses, conducting market research, preparing debt and equity packages, overseeing project design, and managing the development of projects under construction and in the pipeline. Additionally, the Vice President will engage with capital providers and other key stakeholders.
Responsibilities
Site Selection: Identify and track potential development sites, collaborating with the team to pursue the most promising opportunities.
Site Feasibility: Gather and analyze preliminary information related to potential sites, develop an initial strategy for the type of product to be built, and lead and manage the due diligence process for projects under contract.
Finance: Oversee the preparation of finance packages for distribution to potential lenders and equity partners, manage the checklist items requested by lenders and equity partners, and coordinate timely entity formations.
Design: Collaborate with the design team to oversee and manage the design process.
Construction: Closely monitor the project budget and schedule, coordinate the draw process, approve the lease-up budget and strategy, and manage relationships with debt and equity stakeholders.
Leasing: Oversee the lease-up and stabilization of the project in collaboration with Property Management and Asset Management teams.
Relationship Management: Foster and maintain strong relationships with key market players, including landowners, brokers, capital sources, and design and service providers.
Qualifications
Bachelor's Degree in Business, Science, or related discipline (Associate's Degree with related experience acceptable).
Preference for MBA or Masters in Real Estate Development.
Must have experience with all stages of the multifamily development process: from site selection, entitlement and land closing through construction, lease up, and stabilization and/or disposition.
Experience with Excel-based financial models, including making well-reasoned assumptions based on market data and ROI calculations.
4-10 years of industry experience.
Job Details
Seniority level: Mid-Senior level
Employment type: Full-time
Job function: Finance and Project Management
Benefits: Medical insurance, Vision insurance, 401(k)
Referrals increase your chances of interviewing at Macdonald & Company by 2x
#J-18808-Ljbffr