Development Manager Terrace Group
Job Location:
Los Angeles, CA - USA
Monthly Salary:
Posted on:
Vacancies:
Job Summary
ABOUT TERRACE GROUP HOLDINGS:
Terrace Group Holdings is a Los Angelesbased real estate development firm focused exclusively on ground-up Class A self-storage assets in California. The firm sources entitles and builds climate-controlled storage facilities across Southern Californias highest-barrier markets.
TGH currently has approximately $50 million of self-storage development under construction in Southern California with a pipeline targeting $60 million or more of new development annually. The firms strategy combines disciplined site selection deep municipal entitlement expertise and hands-on development execution to deliver outsized risk-adjusted returns in a sector undergoing rapid institutional consolidation.
TGH is a lean founder-led organization where every team member has a direct line to decision-making and a tangible impact on the trajectory of the business.
Reporting to the Director of Acquisitions & Development (or Managing Partner) this position is responsible for managing the pre-development and entitlement process for self-storage development projects including coordinating with government agencies managing consultants and third-party vendors securing permits and overseeing project schedules and budgets through construction.
ESSENTIAL FUNCTIONS:
- Schedule and lead preliminary meetings with government agencies engineers architects and third-party consultants for new development projects.
- Create and maintain schedules and deadlines for entitlement and permit timelines based on city and consultant feedback with consistent updates to stakeholders.
- Negotiate and execute development-related contracts.
- Coordinate with various governmental entities throughout the entitlement and permitting process.
- Coordinate attorneys architects and third-party consultants across active projects.
- Create bidding packages for contractors.
- Secure all building permits required for construction.
- Oversee project budgets and manage project expenses in alignment with approved budgets.
- Provide development and construction oversight across active projects.
ADDITIONAL RESPONSIBILITIES:
- Invoice processing and approval routing.
- Document management and project-level filing.
- Third-party follow-up and coordination on administrative matters.
- Schedule management and timeline tracking.
- Interact with accounting representatives on project-related expenses.
SUPERVISORY RESPONSIBILITIES:
- Oversight of Construction Managers day-to-day activities deliverables and reporting.
- Oversight of contractors subcontractors and vendors related to project activities invoices and contract execution.
EDUCATION / EXPERIENCE REQUIREMENTS:
- BA/BS degree in Architecture Construction Management Urban Planning or related field.
- A minimum of five years of experience in real estate development and/or construction with demonstrated knowledge of the entitlement permitting and construction process.
- Experience with self-storage or industrial development preferred.
- Familiarity with Southern California municipal entitlement and permitting processes preferred.
KNOWLEDGE SKILLS & ABILITIES:
- Strong understanding of the real estate development lifecycle from land acquisition through construction completion.
- Demonstrated proficiency in Microsoft Office Microsoft Project and project management software.
- Ability to manage multiple projects simultaneously across different stages of development.
- Strong written and verbal communication skills for coordinating with government agencies consultants and internal stakeholders.
- Detail-oriented with ability to manage schedules budgets and complex timelines.
- Must be fluent in using AI tools and large language models (LLMs) with the ability to proactively apply them to research analysis drafting and workflow efficiency.
COMPENSATION & BENEFITS:
- Competitive base salary and benefits commensurate with experience
- This role is based in Los Angeles CA and requires full-time in-office presence
Required Experience:
Manager
About Company
CIM Group is an owner, operator, lender and developer of real assets with broad expertise in real estate, infrastructure and credit. Learn More!
