What are the responsibilities and job description for the SVP Development & Investment - Trammell Crow Company position at CBRE?
Posted
12-Jul-2023
Service line
REI Segment
Role type
Full-time
Areas of Interest
Development
Location(s)
Seattle - Washington - United States of America
About the role:
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 their best!
Our Senior Vice President, Development & Investment role is responsible for securing control of development opportunities, successfully completing development projects, and running project teams as needed to implement the development plan in the Seattle market area, with particular emphasis on the multi-family product type.
What you’ll do:
- Lead Teams: Responsible for a mix of direct and matrix reports. Recommend recruitment, selection, promotion, advancement, corrective action, and termination of direct reports to next level management for approval. Supervise appropriate staffing levels and report on utilization and deployment of human resources. Leads and supports staff in areas of staffing, selection, training, development, coaching, mentoring, measuring, appraising and rewarding performance and retention. Lead by example and model behaviors that are consistent with TCC's values.
- Lead Market Relationships: Develop relationships with, and regularly connect with other market participants (investors, brokers, tenants, lenders, engineers, appraisers, etc.) to maintain current knowledge of market conditions and opportunities.
- Source: Identify and gain control of new development and build-to-suit development opportunities. Build and implement product-specific business plans.
- Shape: Lead 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. Engage with capital partners on day-to-day communications regarding project progress.
- Present: Build investment packages and present and lead 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 deals.
- Update: Regularly review all the company proprietary asset management system (ELITE) information on assigned projects to ensure completeness and accuracy of data.
- Other duties may be assigned.
What you’ll need:
To perform this job successfully, an individual must perform each critical duty satisfactorily. 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.
- Education: Bachelor's degree in Business, Finance, Real Estate or related from an appropriate 4-year college program. A law degree, MBA, or other relevant graduate degree is preferred.
- Industry Experience: Typically candidates will have at least 15 years' experience in commercial real estate with demonstrated excellence in sourcing, shaping, and driving profitable development projects with emphasis on multi-family and/or demonstrable equivalent extensive market knowledge and relationships. Requires in-depth knowledge of financial and real estate terms and principles.
- Management Experience: Demonstrated capability of leading multiple individuals on teams and developing and driving business strategy. Experience working with procedures, company policies and business practices. Requires expert level analytical and quantitative skills with shown experience in developing strategic solutions
- Negotiating Skills: Demonstrated track record of successful negotiation with key partners, including: employees, top management, investors, lenders, sellers, tenants, public and private stakeholders, and community groups, to take desired action.
- Problem Solving Skills: Ability to comprehend, analyze, and interpret the most complex business documents. Ability to solve advanced problems and progress projects in complex, ambiguous situations.
- Communication Skills: Ability to respond effectively to the most critical issues. Ability to make effective and persuasive presentations on complex topics to employees, clients, top management and/or public groups. Demonstrated strength in both written and verbal communication.
TCC is an equal opportunity employer that values diversity. We have a long-standing dedication 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. We also provide reasonable accommodations, as needed, throughout the job application process. If you have a disability that inhibits your ability to apply for a position through our online application process, you may contact us via email at recruitingaccommodations@cbre.com or via telephone at 1 866 225 3099 (U.S.) and 1 866 388 4346 (Canada).
*WA Residents: Trammell Crow Company carefully considers multiple factors to determine compensation, including a candidate’s education, training, and experience. The minimum salary for the SVP of Development & Investment position is $185,000 Bonus annually and the maximum salary for the position is $210,000 annually Bonus. The compensation that is offered to a successful candidate will depend on the candidate’s skills, qualifications, and experience. Successful candidates will also be eligible for a discretionary bonus based on Trammell Crow Company's applicable benefit program.*
CBRE is an equal opportunity employer that values diversity. We have 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. We also provide reasonable accommodations, as needed, throughout the job application process. If you have a disability that inhibits your ability to apply for a position through our online application process, you may contact us via email at recruitingaccommodations@cbre.com or via telephone at 1 866 225 3099 (U.S.) and 1 866 388 4346 (Canada).
NOTE: Some, but not all, of our positions may have an additional requirement to comply with COVID-19 health and safety protocols, including COVID-19 vaccination proof and/or rigorous testing. If you have questions about the requirement(s) for this position, please inform your Recruiter.
Trammell Crow
When you’re a part of Trammell Crow Company, a global commercial real estate development company, you’re a part of a team that brings local ingenuity and global vision to everything we build. From Labs in Boston to Logistics in Prague to homes in Houston, we transform spaces into places, changing the way people and places connect.
With the spirit of entrepreneurship, innovation, and collaboration at our core, our people are committed to upholding our RISE (Respect, Integrity, Service, Excellence) Values. This drives our mission for a diverse, equitable, and inclusive workplace so business and communities thrive.
Trammell Crow Company’s performance is fueled by our most powerful asset—our people. Comprised of teams possessing passion, innovation, and a visible culture of excellence, we welcome talent with diverse backgrounds and experiences across industries to apply for open positions.
Salary : $185,000 - $210,000
Security - Investment Company
Allied Universal -
Seattle, WA
Security Officer - Investment Company
MSCCN -
Seattle, WA
Advisor Professional Development Program - Private Client Advisor Trainee
Key Investment Services, LLC -
Seattle, WA