Macdonald & Company
Director/Vice President of Development - Light Industrial
Macdonald & Company, Phoenix, Arizona, United States, 85003
Director/Vice President of Development - Light Industrial
Macdonald & Company are proudly partnered with an entrepreneurial, growing developer and owner/operator in Phoenix, Arizona, to appoint a Director or Vice President of Real Estate Development. The firm is focused on the light-industrial market, through a combination of ground-up and value-add strategies. They also acquire and build Multifamily and Retail properties, focusing their efforts across Arizona, Texas, California, Nevada, Utah, and Colorado. The Role The Director/VP of Development is responsible for the development department, with a focus on supporting the sourcing of opportunities, financial analysis, planning, entitlements, and overall management of the development & construction process, from start to finish. The Director/VP will effectively manage development and construction teams, both internally and externally, to support these processes for both the ground-up and value-add strategies. The position requires well-rounded real estate development skills, with a specific focus on shallow bay/light Industrial development. The role would suit an entrepreneurial individual who is ready to take ownership of the development department within an established owner/operator. Role Responsibilities Support the land acquisitions process, in helping the investments team to identify development opportunities through both marketed and off-market channels. Execute ground-up development projects, taking projects from start to finish, whilst providing construction oversight for other strategies, such as value-add. Perform analysis of all zoning and preliminary due diligence items to determine project feasibility and positioning. Collaborate with the Investment team to underwrite new opportunities including identifying market-specific economic and demographic data, rental comparable information, hard cost and soft cost estimates, local permit and fee costs and local supply and demand statistics. Lead the pre-development process, hiring and supervising the project team of architects, engineers, and other consultants as required. Manage the entitlements process, working with city officials and local municipalities as needed. Lead the Development team and process, ensuring the effective execution of approved business plans within schedule, budget, and quality expectations. Manage, hire, and set the work responsibilities and assessment methods of the Development team. Prepare, maintain, and monitor project budgets and formulate all monthly project development reports to executive committee. Negotiate and structure deals with property owners, investors, and other stakeholders. Coordinate with internal teams to secure construction and permanent financing. Develop and maintain relationships with key industry partners, including investors, lenders, and government officials. Assist in preparing responses to RFQs/RFPs for potential development projects. On Offer Competitive salary, bonus, and ability to participate in real estate deals. Seniority level
Mid-Senior level Employment type
Full-time Job function
Business Development, Project Management, and Analyst #J-18808-Ljbffr
Macdonald & Company are proudly partnered with an entrepreneurial, growing developer and owner/operator in Phoenix, Arizona, to appoint a Director or Vice President of Real Estate Development. The firm is focused on the light-industrial market, through a combination of ground-up and value-add strategies. They also acquire and build Multifamily and Retail properties, focusing their efforts across Arizona, Texas, California, Nevada, Utah, and Colorado. The Role The Director/VP of Development is responsible for the development department, with a focus on supporting the sourcing of opportunities, financial analysis, planning, entitlements, and overall management of the development & construction process, from start to finish. The Director/VP will effectively manage development and construction teams, both internally and externally, to support these processes for both the ground-up and value-add strategies. The position requires well-rounded real estate development skills, with a specific focus on shallow bay/light Industrial development. The role would suit an entrepreneurial individual who is ready to take ownership of the development department within an established owner/operator. Role Responsibilities Support the land acquisitions process, in helping the investments team to identify development opportunities through both marketed and off-market channels. Execute ground-up development projects, taking projects from start to finish, whilst providing construction oversight for other strategies, such as value-add. Perform analysis of all zoning and preliminary due diligence items to determine project feasibility and positioning. Collaborate with the Investment team to underwrite new opportunities including identifying market-specific economic and demographic data, rental comparable information, hard cost and soft cost estimates, local permit and fee costs and local supply and demand statistics. Lead the pre-development process, hiring and supervising the project team of architects, engineers, and other consultants as required. Manage the entitlements process, working with city officials and local municipalities as needed. Lead the Development team and process, ensuring the effective execution of approved business plans within schedule, budget, and quality expectations. Manage, hire, and set the work responsibilities and assessment methods of the Development team. Prepare, maintain, and monitor project budgets and formulate all monthly project development reports to executive committee. Negotiate and structure deals with property owners, investors, and other stakeholders. Coordinate with internal teams to secure construction and permanent financing. Develop and maintain relationships with key industry partners, including investors, lenders, and government officials. Assist in preparing responses to RFQs/RFPs for potential development projects. On Offer Competitive salary, bonus, and ability to participate in real estate deals. Seniority level
Mid-Senior level Employment type
Full-time Job function
Business Development, Project Management, and Analyst #J-18808-Ljbffr