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
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