Development Manager at Gilbane Development Company

New York, New York, United States -

Full Time

Start Date

Immediate

Expiry Date

03 Jun, 26

Salary

191700.0

Posted On

05 Mar, 26

Experience

10 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Affordable Housing Development, Deal Structuring, Land Planning, Entitlement Process, Finance, Design, Construction, Underwriting, Investment Thesis, Value Engineering, Project Management, Due Diligence, Scheduling, Cost Management, Business Development, Communication

Industry

Real Estate

Description

Overview Great opportunity within a fast-growing business platform at a well-established development company! Gilbane Development Company is seeking an experienced professional to expand our affordable housing & mixed income platform in the New York, NY market. The ideal candidate will possess a thorough understanding of affordable housing development, including overall deal structuring, land planning, entitlement process, finance, design and construction. Responsibilities Assist with execution of current development pipeline with properties in various stages Oversee Analysts & Associates project feasibility studies (Market research, underwriting, investment thesis) and financial closing. Lead stakeholders through Design, Construction Cost exercises, and Value Engineering Project Management Lead through due diligence, entitlement & permitting, scheduling, and managing the critical path Consult with Legal & Finance partners for completing the LOI/PSA, Operating Agreements, Consultant Contracts, and Construction Contracts Sourcing new development opportunities within affordable housing Day to day liaison with design/construction team, clients, and stakeholders. Communication should convey urgency balanced with positive motivation and teamwork Maintain scope and cost while meeting schedule and quality goals Oversee cost management reporting Uphold and represent Gilbane’s core values and reputation Growth Opportunities At Gilbane we pride ourselves on entrepreneurialism and taking initiative. All employees are encouraged to discover new opportunities by maintaining strong relationships and making connections to continue the rapid growth of the Affordable Housing portfolio. Qualifications Education/Experience Bachelor’s Degree. Master’s degree preferred, in real estate development related field (i.e., engineering, architecture, construction, finance, law, economics) 8+ years' experience in real estate development with at least 3+ years in affordable housing development Experience in NY market preferred Experience with acquisition-rehab and value-add developments is a plus Established record of success as a project leader, having completed at least six substantial development projects ranging from $20-$100mm+ million in value, including significant experience with affordable housing Demonstrated experience at the management level—proven managerial skills, ability to mentor and develop staff and foster teamwork and collaborative problem solving Collaborative approach and respectful relationship style with members of the neighborhoods within which we work as well as colleagues, consultants and third-party trade partners Self-starter with the ability to manage three to four overlapping projects efficiently in a fast-paced environment Excellent business development skills and experience in marketing, generating business and maintaining credibility in the community Attention to detail and ability to execute at a high level High degree of organizational skills and problem-solving ability Ability to prioritize/execute to achieve desired company and project goals with prudence and sense of urgency Excellent communication skills, both verbal and written Strong relevant computer skills Maintain memberships and participate in organizations and events Salary to be determined based on factors such as geographic location, skills, education, and/or experience of the applicant, as well as the internal equity and alignment with the team. For New York this ranges from $153,360.00 - $191,700.00 plus benefits and retirement program. Gilbane offers an excellent total compensation package which includes competitive health and welfare benefits and a generous profit-sharing/401k plan. We invest in our employees’ education and have built Gilbane University into a top training organization in the construction industry. Qualified applicants who are offered a position must pass a pre-employment substance abuse test. Gilbane is an Affirmative Action/Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to age, color, national origin, race, religion, sex, sexual orientation, gender identity, protected veteran status, or disability status. Note to Recruiters, Placement Agencies, and Similar Organizations: Gilbane does not accept unsolicited resumes from agencies. Please do not forward unsolicited agency resumes to our jobs alias, website, or to any Gilbane employee. Gilbane will not pay fees to any third party agency or firm and will not be responsible for any agency fees associated with unsolicited resumes. Unsolicited resumes received will be considered property of Gilbane and will be processed accordingly.

Responsibilities

The role involves assisting in the execution of the current development pipeline, overseeing feasibility studies, and leading stakeholders through design, construction cost exercises, and value engineering. Responsibilities also include leading project management through due diligence, entitlement, permitting, and scheduling while maintaining scope and cost goals.