About the role

  • Director of Development at BRIDGE leading a team in multi-family real estate projects. Managing project execution, budgets, and stakeholder collaboration in Northern California.

Responsibilities

  • Supervise project managers in their day-to-day work and provide guidance to meet goals
  • Assist project managers with structuring projects, evaluating budgets, identifying funding sources and seeking early feedback from other internal and external stakeholders
  • Review project proformas and provide guidance on project feasibility analysis
  • Evaluate funding requests to confirm spending is consistent with approved project budgets
  • Ensure projects are tracking to schedule and budget and assist project managers with addressing material changes to the timeline and/or budget impacts
  • Participate in project related meetings as necessary, including strategy and negotiation sessions, programming meetings, design and construction meetings, community meetings etc.
  • Supervise and guide contractor and consultant selection process including evaluating fee proposals and finalizing contract terms and conditions
  • Review and approve team members’ work product including but not limited to funding applications, legal documents, financial projections, internal board approval reports, fee projections, procurement recommendations etc.
  • Provide guidance to project associates supporting project managers
  • Maintain a supportive team environment and implement team building/learning opportunities in close collaboration with Executive VP
  • Work on developing and implementing on-going staff training sessions
  • Collaborate with the Business Development department on reviewing pipeline opportunities
  • Build strong working relationships with government agencies, joint partners, lenders and investors, consultants and contractors
  • Provide regular status updates to Executive VP about work progress, team performance and seek early feedback to ensure alignment with team and organizational goals
  • Ensure operating budgets and cash flow projections are developed in coordination with asset and property management and updated consistently through development phases
  • Collaborate with team leaders in other departments to provide timely information to senior management for reporting purposes
  • Take initiative to organize and lead cross-functional meetings as needed to collaborate and resolve critical and time sensitive issues as they emerge in day-to-day operations
  • Work closely with project managers to monitor approved budgetary spending and provide guidance to seek timely project related budget increase approvals from senior management and/or subcommittee of the Board of Directors
  • Provide regular updates to EVP and/or senior management on progress of projects, including but not limited to any upcoming issues with discretionary project approvals and/or significant deviations from project budgets or schedules
  • Investigate new sources of funding, and other research related activities that would be beneficial to BRIDGE’s development activities
  • Work in cross-functional teams to streamline, implement and maintain internal processes and procedures for reporting, database management, and conduct on-going staff training
  • Participate in planning and execution of division-wide retreats and other activities

Requirements

  • Bachelor’s degree in business administration, Urban Planning, Real Estate Development, Architecture or other relevant field
  • 8-10 years’ hands-on experience leading a team in the development of complex mixed-use/ mixed-income master plan projects, infill multi-family development, acquisition/rehab projects
  • High level of expertise in real estate finance, deal structuring, ground up development
  • Strong leadership skills with ability to build relationships with diverse stakeholders, manage and inspire both internal and external teams
  • Excellent communication and interpersonal skills and experience working with government agencies and multiple stakeholders
  • Self-directed with a high degree of initiative to take charge and navigate through challenging situations when needed
  • Ability to meet multiple deadlines and work in a fast-paced environment with a sense of urgency

Benefits

  • Standard office environment
  • Travels up to 35% of the time

Job title

Director of Development

Job type

Experience level

Lead

Salary

$175,000 - $203,000 per year

Degree requirement

Bachelor's Degree

Location requirements

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