What are the responsibilities and job description for the Pre-Development Manager position at Noble Investment Group?
COMPANY – Atlanta-Based Hospitality Real-Estate Investment Manager
Noble Investment Group – an Atlanta-based hospitality development and investment company focusing on upscale select service and mid-scale extended stay hotel acquisition and new development. Currently investing $1B fund.
POSITION SUMMARY
As part of its continued growth and development, this Atlanta-based hospitality real estate investment firm is seeking a Pre-Development Manager to support its new hotel development and asset acquisitions. This role will work closely with the Director of Pre-Development and the Senior Vice President of Development to oversee and execute the company’s due diligence, entitlement, and pre-development processes with precision and efficiency. The ideal candidate will play a critical role in evaluating potential new build and acquisition opportunities, coordinating feasibility studies, and ensuring that project estimates and schedules are aligned with strategic objectives. This position is based at the firm’s corporate office in Buckhead, Atlanta, Georgia.
RESPONSIBILITIES
Specifically, the Pre-Development Manager is responsible for providing support in hotel acquisition and new build due diligence by managing the entitlement process, developing project budgets, coordinating third-party consultants, reviewing consultant reporting, and compiling relevant information for presentation to company stakeholders. The Pre-Development Manager will also assist with Pre-Development activities as part of project execution. Responsibilities include:
- Generating project budgets for hotel Property Improvement Plan renovations
- Efficiently performing accurate and thorough quantity takeoffs
- Generating development project milestone schedules
- Organizing and coordinating third-party consultants (Property Condition, Environmental, ADA, Elevators, Roofing, Thermal, etc.) during due diligence as part of the hotel acquisition and underwriting process and reviewing consultant reports to assess and evaluate condition of existing hotels.
- Developing hotel capital expenditure plans for planning purposes during hotel property hold periods.
- Assisting with Furniture, Fixtures and Equipment procurement including analysis of FF&E matrices, take-offs and purchasing logs
- Completing site feasibility studies for new build projects, including but not limited to researching zoning ordinances, permitting processes and impact fee requirements, completing site concept planning, and managing third-party technical consultants.
- Generating and updating complete development budgets for new build hotel projects including all hard and soft costs, finance costs, and contingencies.
- Participating as team member in pre-development and pre-construction activities for hotel projects by developing Request for Proposals (RFPs) and analyzing responses from consultants, contractors, subcontractors, and suppliers of equipment and services.
- Managing available hotel brand standard information to assist with Pre-Development activities
- Developing relationships with renovation and new-build general contractors, subcontractors, and vendors to assist with pre-development activities.
- Manage hotel portfolio ENERGY STAR and EV Charging feasibility reviews and approvals
REQUIRED SKILLS AND QUALIFICATIONS
- 4 years of experience in real estate development, construction estimating, ground-up development, or acquisitions due diligence, preferably in hospitality.
- Bachelor’s degree in Architecture, Civil Engineering, Construction Management or a related field
- Strong knowledge of land use planning, zoning, permitting, and municipal approvals processes related to ground-up hotel development.
- Experience conducting real estate due diligence for acquisitions, including assessing property conditions and environmental risks and managing third-party consultants.
- Ability to read and interpret site plans, surveys, zoning codes, and third-party technical reports (including but not limited to geotechnical, Phase I ESAs, wetland delineations, traffic impact analysis reports, etc.)
- Computer skills with an excellent working knowledge of Microsoft Office Applications (Outlook, Excel, Project and Word), Adobe or Bluebeam, and an ability to work efficiently with spreadsheets and databases.
- Experience with computer software programs used for quantity takeoff and estimating e.g. Bluebeam, On-screen Takeoff (Preference On-Screen Takeoff).
- Experience with Computer Aided Design (CAD) software, such as AutoCAD or Civil 3D, for preliminary site design.
- Ability to work well in a fast-paced professional office environment.
- Excellent written and verbal communication skills
- Ability and willingness to invest time and effort to complete projects with hard deadlines.
- Resourceful, well-organized, dependable, and detail-oriented.
- Ability to travel to project sites, when required.
- Punctual fast learner with a willingness to expand role as needed to support Project Directors
PREFERRED SKILLS
- Bachelors in Construction Management, Civil Engineering, or Architecture
- 3 years of Commercial Pre-Construction or Ground-Up Development Entitlement Experience, Including with Project Permitting and Approvals
- Experience in Estimating Hospitality Projects and Knowledge of Hotel Brand Standards
- Proficiency in using On-Screen Takeoff Software
- Local Candidates or Willingness to Move to the Atlanta Area