Senior Director, Development â Multi-Family
Senior Director, Development â Multi-Family
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$ 200000 - 250000
1 Vacancy
Job Description
Tishman Speyer creates vibrant destinations and dynamic environments that inspire innovation and connected communities. As a diversified developer operator and investment manager of top-tier real estate in 33 markets across the globe our business choices are driven by the belief that real estate should unlock human potential. Tishman Speyers diversified portfolio spans market rate and affordable residential communities premier office properties and retail spaces industrial facilities and mixed-use campuses. We create state-of-the-art life science centers through our Breakthrough Properties joint venture and foster innovation through our strategic proptech investments. By combining global perspective with local expertise and a personalized approach we are able to anticipate our customers evolving needs. We were the first real estate company to introduce asset-wide amenity services through our ZO platform and the first traditional real estate company to create its own flexible space and coworking brand Studio.
Since our founding in 1978 Tishman Speyer has acquired developed and operated 576 properties totaling 233 million square feet with a combined value of over $131 billion (U.S.). Tishman Speyer currently has approximately $65 billion in assets under management including iconic properties such as New York Citys Rockefeller Center So Paulos Torre Norte The Springs in Shanghai Paris Bourse in Paris and Frankfurts OpernTurm and TaunusTurm.
Summary of the Position:
The Senior Director will lead the full lifecycle of development for new mixed-use and residential communities across Tishman Speyers national markets. This includes sourcing opportunities conducting feasibility analyses securing entitlements managing design and construction coordination and overseeing project execution through stabilization. Reporting to the Managing Director the ideal candidate brings a deep understanding of market dynamics residential product design across different typologies and development strategy with a strong track record of delivering successful development projects in major U.S. markets.
Key Responsibilities:
Manage multiple development projects simultaneously while ensuring alignment with Tishman Speyers investment criteria and brand standards.
Build and maintain relationships with brokers capital partners local municipalities and consultants.
Oversee lease-up strategy and transition to asset management.
Coordinate with construction and design professionals to ensure feasibility budget schedule and quality alignment.
Manage design and programming with a focus on optimizing a variety of construction methods and cost-efficiency.
Oversee project underwriting due diligence financial modeling and investment committee presentations.
Lead entitlement and zoning efforts including coordination with legal consultants and local agencies.
Source and evaluate new development opportunities across target U.S. markets with an emphasis on wood-frame (Type III and V) construction.
Skills & Qualifications:
Thorough knowledge of entitlement processes building codes and municipal approval workflows specific to stick construction.
Outstanding communication and leadership skills with experience managing cross-functional teams.
Excellent financial modeling analytical and underwriting capabilities.
Strong understanding of wood-frame construction cost drivers scheduling and design constraints.
Proven track record of entitling and delivering mid-rise wood-frame developments in urban or suburban settings.
10 years of experience in real estate development with direct experience in multi-family stick-built (Type III and V) residential projects.
Bachelors degree in Real Estate Construction Management Architecture or a related field; MBA or Masters preferred.
The base compensation range for this role is $200000 to $250000. This role is also eligible for a discretionary annual bonus as well as access to our comprehensive medical dental and vision insurance life and disability insurance 401(k) plan (with matching contributions) wellness benefits and all other benefits afforded to full-time Tishman Speyer employees.This base range reflects a number of factors including but not limited to relevant experience skill sets and/or licensure required of an individual in this particular role. The base range is also specific to members of Tishman Speyers New York team as weve considered factors specific to this geography.
Tishman Speyer is deeply committed to creating and maintaining a diverse workforce which promotes different views and perspectives. We expect our leaders and employees alike to champion diversity and inclusion practices. Tishman Speyer has several employee affinity and interest groups that provide employees opportunities to develop professional relationships across the business and identify opportunities for development and advancement. We are proud to be an Equal Opportunity Employer and treat all applicants for employment equally based upon job-related qualifications and without regards to race color age sex sexual orientation gender identity gender expression marital status military or veteran status national origin disability religion or any other characteristics protected by law.
Tishman Speyer is an equal opportunity affirmative action employer and administers all personnel practices without regard to race color religion sex national origin sexual orientation gender identity or expression disability protected veteran status or military status or any other category protected under applicable law. Tishman Speyer is committed to taking affirmative steps to promote the employment and advancement of minorities women persons with disabilities and protected veterans.
Please click here to review all EEO policies notices and relevant posters.
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Disability Assistance - Tishman Speyer is committed to being an Equal Opportunity Employer and offers opportunities to all job seekers including job seekers with disabilities. If you are a qualified individual with a disability or a disabled veteran you may request a reasonable accommodation if you are unable or limited in your ability to use or access the Companys career webpage as a result of your disability. You may request reasonable accommodations by sending an email to
Required Experience:
Exec
Employment Type
Full-Time
