Senior Director Development

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Overview:

Vivmark Residential exists to set the mark for what home can be. Formed through the merger of AvalonBay Communities and Equity Residential Vivmark brings together two industry leaders with a shared commitment to excellence innovation and delivering exceptional living experiences. Our vision is to be the most trusted and best-performing rental housing company in America - one that continues to get better as it grows. And were looking for people who want to help us do it.

As an owner developer and manager of more than 180000 apartment homes in major markets across the US we have the scale to offer something most companies cant. At Vivmark team members move up and across functions markets and disciplines building lasting careers. We invest in team members growth development and capabilities that make them and us better and we hold ourselves to the highest standard as an employer.

The best people want to work here. We hope youre one of them.

The Role:

At Vivmark Residential we create communities that enhance lives and shape the future of multifamily housing. Were seeking a strategic entrepreneurial Senior Director of Development to lead the sourcing planning entitlement and execution of multifamily and mixed-use development projects from initial pursuit through stabilization.

This is an opportunity for an experienced real estate development professional who thrives in complex environments enjoys building relationships both inside and outside the organization and has a track record of successfully bringing projects from concept to completion.

What Youll Do:

As a Senior Director Development youll lead a portfolio of development opportunities while serving as a key representative of Vivmark Residential in the marketplace.

Key responsibilities include:

• Identifying and pursuing new development opportunities within target markets

• Evaluating project feasibility including financial analysis entitlement considerations market dynamics environmental factors and overall investment viability

• Leading development projects through planning entitlement design approvals construction and stabilization

• Preparing and presenting investment recommendations to senior leadership and approval committees

• Building productive relationships with municipalities elected officials consultants landowners community stakeholders and industry partners

• Leading cross-functional teams consisting of Development Construction Design Asset Management Operations and other internal partners

• Negotiating with landowners consultants and external partners to advance project objectives

• Managing project budgets schedules consultants and development risks

• Representing Vivmark Residential at public meetings community forums and industry events.

What Were Looking For:

Successful candidates will bring a combination of development expertise business acumen and leadership capability.

Preferred qualifications include:

• Bachelors degree required

• MBA Masters in Real Estate Development or a related advanced degree preferred

• 10 years of progressively responsible real estate development experience

• Proven experience managing multifamily mixed-use or large-scale commercial development projects

• Strong financial modeling and investment analysis skills

• Demonstrated success navigating entitlement processes and public approvals

• Exceptional relationship-building negotiation and communication skills

• Ability to work effectively with senior leaders external stakeholders and cross-functional teams

• Experience independently sourcing structuring and executing complex real estate transactions is strongly preferred.

How Vivmark Supports You:

We know that our teams are the beating heart of our success and were committed to showing our appreciation.

We offer:

• A competitive benefits package that supports your health financial well-being and work-life balance including medical dental and vision coverage a 401(k) with company match paid vacation and company holidays and exclusive team member housing discounts.

Additional Info:

AvalonBay is proud to be an equal opportunity employer and is committed to an inclusive and diverse work environment free of discrimination and harassment. We believe that in order to achieve our purpose of creating a better way to live we must recruit develop and retain associates with a wide range of backgrounds experiences and perspectives and create an environment that encourages all voices to be heard understood and appreciated. With this we know we can do great things.

AvalonBay makes employment decisions without regard to a persons race ethnicity color religion sex national origin sexual orientation gender identity pregnancy (including childbirth lactation or related medical conditions) age physical or mental disability genetic information (including characteristics or testing) citizenship status military or veteran status or any other status protected by the law.

AvalonBay will consider for employment qualified applicants with criminal histories in a manner consistent with requirements under the law.

Applications are being accepted on an ongoing basis.

AvalonBay does not require or request that you provide any information that identifies your age date of birth or dates of school attendance or graduation. Please redact this information prior to the submission of your application and/or leave these fields incomplete on your application.

For California residents if you elect to apply to AvalonBay you accept the AvalonBay California Personnel Privacy Notice ( Fees Notice & Recruitment Fraud Disclaimer:

AvalonBay Communities Inc. (AvalonBay) is aware that there is recruitment fraud activity whereby scammers impersonate AvalonBay and offer fake employment opportunities to candidates. These scammers often seek to obtain personal information or money from candidates.

Please note that AvalonBaywill never charge any candidate a registration fee hiring fee or any other fee in connection with its recruitment and hiring process.

If you suspect that you are being contacted by a scammer impersonating our company please report it immediately to our official HR Department ().