What are the responsibilities and job description for the Director of Development position at SC Bodner Company?
Position Overview:
SC Bodner Company is seeking an experienced and strategic Director of Development to lead our multifamily projects from conception to completion. The ideal candidate will have a deep understanding of the multifamily housing market, strong leadership skills, and a proven track record in managing complex development processes. This role requires collaboration with various stakeholders, including architects, contractors, local government officials, and community organizations.
Key Responsibilities:
- Project Leadership: Oversee the entire development process for multifamily projects, ensuring timely and budget-conscious execution.
- Market Analysis: Conduct thorough market research to identify trends, opportunities, and potential challenges in the multifamily sector.
- Site Selection: Evaluate and select potential development sites based on strategic fit, market demand, and financial viability.
- Financial Management: Develop and manage project budgets, financial models, and funding strategies to maximize profitability.
- Regulatory Compliance: Ensure all projects comply with local zoning laws, environmental regulations, and building codes.
- Stakeholder Engagement: Build and maintain relationships with investors, governmental agencies, community organizations, and other stakeholders to secure necessary approvals and support.
- Team Management: Lead and mentor a team of development professionals, fostering a collaborative and innovative work environment.
- Project Coordination: Coordinate with architects, engineers, contractors, and other consultants to ensure design and construction align with project goals.
- Risk Management: Identify potential risks throughout the development process and implement strategies to mitigate them.
- Reporting: Prepare and present regular project updates to senior management and stakeholders.
Qualifications:
- Bachelor’s degree in Real Estate, Construction Management or a related field
- 5 years of experience in multifamily development, including a strong track record of successfully managing projects from inception to completion
- In-depth knowledge of the multifamily housing market and trends
- Proven experience in financial modeling, budgeting, and fundraising for real estate projects
- Strong negotiation skills and ability to navigate complex regulatory environments.
- Excellent communication and interpersonal skills, with the ability to collaborate effectively with diverse stakeholders
- Proficiency in Costar and Microsoft Office Suite
Benefits:
- Competitive salary
- Comprehensive health benefits package.
- 401(k) retirement savings plan
- Professional development opportunities and tuition reimbursement
- Unlimited Paid time off and holidays
SC Bodner Company is an equal opportunity employer and values diversity in our workforce. We encourage all qualified individuals to apply.
