What are the responsibilities and job description for the Real Estate Project Manager position at Macdonald & Company?
Macdonald and Company are a leading real estate developer and investor, with a rich history across the Wasatch Front. Headquartered in the Silicon Slopes, we predominantly develop ground-up hospitality and multifamily projects across Utah and Arizona. We are now expanding our Development team to appoint a Development Manager who will get the opportunity to work across a variety of complex projects.
The Role
As a key member of our Development team, the Development Manager will play a pivotal role in sourcing and executing on real estate projects across Multifamily and Hotel development projects. The individual appointed will take deals from site acquisitions through to stabilization and lease-up.
Key Responsibilities
- Identify and assess potential land acquisitions for new development projects.
- Build and maintain relationships with landowners, real estate brokers, and local government officials to uncover promising opportunities.
- Collaborate with the development analyst to rigorously evaluate potential projects, analyzing market trends, zoning regulations, and site-specific data.
- Lead due diligence efforts for prospective acquisitions, including financial modeling, market analysis, zoning compliance, entitlement processes, and budget/schedule development.
- Oversee multiple real estate development projects across various phases of completion.
- Drive comprehensive business plans for each project, ensuring adherence to established timelines, budgetary constraints, entitlement requirements, design specifications, permitting protocols, construction management practices, and operational handover procedures.
- Provide guidance and oversight to consultants throughout the due diligence, entitlement, design, and construction stages, ensuring alignment with project budgets and schedules.
- Represent the Owner's interests during construction, actively monitoring project progress to ensure adherence to timelines and budgetary targets.
- Participate in regular meetings with contractors and architects to facilitate communication and problem-solving.
- Review, assess, and approve potential change orders throughout the construction process, mitigating risks and maintaining cost control.