What are the responsibilities and job description for the Senior Development Manager position at Michael Page?
The Senior Development Manager will be responsible for managing and leading the entitlement, design and development phase for multiple, luxury real estate developments in Sonoma County. They're committed to creating stunning and sustainable luxury condominiums, boutique hotels and amenities that redefine residents experience through design, quality, and innovation.
Client Details
My client is a leading Developer in the luxury multifamily sector, boasting a world-class portfolio of projects across the United States. They are known for creating an exciting, supportive, and collaborative work environment where employees can thrive and advance their careers. With a commitment to developing remarkable properties, they offer their team the opportunity to work on some of the most innovative and high-profile projects in the industry.
Description
- Create a Project Vision and Strategy: Develop and communicate a clear project vision and strategy that will guide consultants and project teams through each phase.
- Build Relationships: Establish and maintain strong relationships with local authorities, residents, businesses, and community organizations to foster project success.
- Coordinate Project Strategy: Oversee the project strategy, including entitlements, due diligence, and securing necessary jurisdictional approvals, in collaboration with the project team.
- Financial Reporting: Ensure financial updates, key milestones, and value-related decisions are communicated accurately and consistently to the VP of Development and Senior Leadership.
- Financial Pro Forma Management: Develop, manage, and update a detailed project pro forma and budget from the underwriting phase through to project stabilization.
- Schedule Management: Monitor and update a detailed project timeline, from land acquisition through final delivery.
- Regulatory Approval: Lead the preparation of reports required for Department of Real Estate regulatory approvals.
- Management and Leadership: Responsible for effective management of the full development life cycle of all assigned projects. Responsible for the management, leadership and motivation of all members of the development team
Profile
- Significant years of relevant project experience in real estate development, specifically focused on mixed-use and multifamily housing projects. Additional Hotel experience is advantageous.
- Bachelor's or Master's degree in a related field such as real estate, construction management, business, urban planning, architecture, civil engineering, or equivalent work experience in lieu of formal education.
- Comprehensive experience managing the entire development process, from feasibility studies to final delivery, in high-density residential and mixed-use developments.
- US Relocation will be considered
Job Offer
$130,000-$180,000 depending on experience
MPI does not discriminate on the basis of race, color, religion, sex, sexual orientation, gender identity or expression, national origin, age, disability, veteran status, marital status, or based on an individual's status in any group or class protected by applicable federal, state or local law. MPI encourages applications from minorities, women, the disabled, protected veterans and all other qualified applicants.
Salary : $150,000 - $190,000
