What are the responsibilities and job description for the Real Estate Development - Project Manager position at Blair Freeman?
DISCLAIMER: Applicant must have experience in the Real Estate or Development Industry.
A Real Estate Development Project Manager oversees all aspects of real estate projects, from initial concept to completion, including budgeting, scheduling, coordinating with stakeholders, overseeing construction and architecture and ensuring compliance with regulations.
Here's a more detailed breakdown of the role:
Key Responsibilities:
Project Planning and Execution:
- Develop and manage project plans, budgets, and schedules.
- Conduct feasibility studies and market research to evaluate project viability.
- Prepare project proposals and present them to senior management.
- Ensure projects are completed on time and within budget.
Stakeholder Management:
- Coordinate with architects, engineers, contractors, and other consultants.
- Negotiate contracts and agreements with vendors and contractors.
- Communicate effectively with stakeholders, including investors, government officials, and community representatives.
Project Monitoring and Control:
- Monitor project progress and identify potential risks and issues.
- Implement corrective actions to address delays or problems.
- Ensure compliance with zoning regulations, building codes, and other legal requirements.
Financial Management:
- Develop project proforma and capital stack.
- Make recommendations for additional funding avenues on projects
- Manage project budgets and ensure financial objectives are met.
- Prepare financial reports and forecasts.
Other Duties:
- May be involved in identifying potential development sites.
- May oversee the marketing and sales of the completed project.
- May be responsible for obtaining necessary approvals and permits.
Skills and Qualifications:
- Strong project management skills.
- Excellent communication and interpersonal skills.
- Knowledge of real estate development processes and regulations.
- Ability to manage budgets and schedules.
- Strong analytical and problem-solving skills.
- Experience in negotiating contracts and agreements.
- Knowledge of construction methods and materials.
- Ability to work independently and as part of a team.
Salary : $70,000 - $150,000