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Executive Managing Director, Development

Location:

Southeast


Company Description:

Our client is a real estate investment and development company based in Charleston, SC focused on acquiring and developing multifamily properties in the Southeast.  In the last ten years, our client has acquired and/or developed nearly 9,500 apartment units across Florida, Georgia, North Carolina, South Carolina, and Tennessee.


Position Description:

The Executive Managing Director, Development is responsible for managing and directing all multifamily development functions and growing the platform by bringing best practices and procedures to the company. This position and the team they will build will be responsible for land acquisition, site feasibility, project entitlement, project financing, development, construction, asset management, and disposition of projects. This position will be based in the Southeast with frequent travel to Charleston, SC.

 RESPONSIBILITIES:

  • Oversee all development functions in the Southeast
  • Identify, pursue, and negotiate potential land development opportunities
  • Cultivate relationships with landowners, brokers, and financial sources
  • Monitor development and construction processes to ensure projects are completed as scheduled
  • Conduct site investigations, financial feasibility, project budgeting, and meetings
  • Work in tandem with the internal capital markets team in underwriting and financing deals
  • Manage project cash requirements and expenditures, project budgets, and schedules
  • Perform asset management function by working with account management team to maximize property value and position property for sale
  • Interview, hire, train and supervise team in additional Southeastern cities

QUALIFICATIONS:

  • Knowledge of the markets as well as an established network in the Southeast
  • Extensive experience with development projects from start to finish
  • Land acquisition experience is essential
  • Strong negotiating skills
  • Down-to-earth and hands-on approach
  • Proactive and team-oriented style
  • Bachelor’s degree or equivalent is required, graduate degree preferred

To learn more about this position, contact: Christine Pinkerton | (919) 679-9149 | cpinkerton@crownsearch.com

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