Development Manager

Saint Louis - USA

Monthly Salary: Not Disclosed

Posted on: 30+ days ago

Vacancies: 1 Vacancy

Job Summary

Job Details

Saint Louis MO

Description

Who is Subtext

Subtext is a leading real estate company specializing in multifamily and student housing with more than $2.1B in properties developed across the country. We are dedicated to creating value through innovative and sustainable developments that cater to the evolving needs of todays renters. Our team is passionate about enhancing communities and providing exceptional living experiences for our residents. We are seeking a passionate and hardworking individual to help execute our mission of delivering a best-in-class resident experience. This is a unique opportunity for a self-motivated and driven individual to join a dynamic development company and make significant contributions to our ambitious growth plan.

Whats the Day-to-Day

The Development Manager executes development projects by managing all facets and activities from inception to stabilization. The ability to effectively work with land sellers manage the due diligence process work with governmental agencies through entitlements oversee consultants through the design development process ensure risks are addressed and mitigated prior to closing and oversee/facilitate closing of land and capital. Applicants must be self-motivated passionate about doing things the right way detail-oriented persistent and able to take a step back and look at the project from an owners perspective. Applicants must have dynamic verbal and written communication skills and strong interpersonal abilities.

Whats Expected

Lead the day-to-day management across all phases of development from concept to stabilization on institutional mixed-use projects.
Review and negotiate general legal documents including letters of intent purchase and sale agreements leases consultant contracts loan documents and joint venture agreements.
Manage project underwriting including unit mix development budget and cash flow projections.
Ensure due diligence is complete and risks/issues are identified documented and mitigated.
Manage projects through zoning and other governmental approvals processes including presentation at public hearings.
Oversee internal and external design teams to ensure design is consistent with company standards and brand design intent.
Provide clear direction and oversight to all entities involved to successfully complete projects on time and on budget: architects designers engineers planners consultants vendors and other entities involved.
Present to internal executive leadership project partners and governmental boards/agencies as needed.
Reports directly to the EVP of Development.

Whats Required

Bachelors degree from an accredited college or university with a focus in Business Real Estate Engineering Law or related discipline is required. Graduate degree or graduate student is preferred.
A minimum of 5 years prior multifamily and/or student housing development experience.
Excellent communication and presentation skills.
Ability to work independently and react quickly in a demanding fast-paced environment.
Ability to interact with various officials consultants and community groups.
Strong problem-solving skills creative thinking and solid organizational and leadership skills.
Entrepreneurial and self-motivated with the ability to manage a team.
Ability to manage multiple projects balance priorities and meet deadlines.
Strong working knowledge of MS Office Suite.
Travel 5-10 days a month is required.

What are the Details

Subtext offers a competitive compensation package with great salaries paid time off 401(k) sabbatical and paid holidays. Employer pays 100% of employee premiums for medical dental and vision insurance. Laptop & Cell Phone Allowance is also provided.

Wheres the Office

Subtexts corporate office is in Saint Louis Missouri. Relocation to the Greater Saint Louis area is required.

Required Experience:

Manager

Job Details Saint Louis MODescription Who is SubtextSubtext is a leading real estate company specializing in multifamily and student housing with more than $2.1B in properties developed across the country. We are dedicated to creating value through innovative and sustainable developments that cater ...