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Transwestern · 1 day ago

Senior Development Manager

Chicago, IL

Full-time

Onsite

Mid, Senior Level

$125K/yr - $125K/yr

7+ years exp

Transwestern is a commercial real estate company that focuses on creating value through development projects across the United States. The Senior Development Manager is responsible for sourcing new deals, mentoring junior talent, and maintaining relationships with lenders and stakeholders while ensuring project success through collaboration and effective communication.

Commercial Real EstateProperty ManagementReal Estate

Responsibilities

Network with land sellers, land brokers, land use attorneys, potential joint venture partners and other sources of new and attractive development opportunities

Perform market studies and analyses to document trends and support new business development opportunities

Meet with community and business groups to obtain community support for development

Negotiate with jurisdictional agencies to define development agreements, proffers, easements, etc. to secure all necessary entitlements

Responsibility for all financial models and play an essential role in financial analysis and underwriting new development investment opportunities and Investment Committee packages

Effectively facilitate and coordinate project consultants, trades, and construction managers throughout the project life cycle

Ensure projects remain on time and on budget

Work collaboratively with an in-house Construction Manager to manage day-to-day construction activities and keep the project aligned with the approved vision, budget, and schedule

Work with accounting on the monthly draw process to ensure accuracy

Ensure accuracy and timely distribution of monthly development project reports for capital partners and senior executives

Collaborate with the Partners on preparation of RFP’s / lease proposals

Support the regional team in negotiating and closing acquisitions, financing, and dispositions

Lead in the documentation of joint ventures, loan documents, and purchase and sale agreements through legal counsel

Assist Partners in interfacing with institutional investors and lenders to finance sourced projects

Qualification

Real Estate DevelopmentFinancial AnalysisNegotiation SkillsProject ManagementMicrosoft ExcelLegal Contract ReviewAnalytical SkillsSelf-ManagementCommunication Skills

Required

A bachelor's degree with emphasis in finance, real estate, or development

Advanced proficiency in reading/drafting legal contracts and joint venture agreements

Proficiency with Microsoft Word, Excel and Adobe

Ability to foster a sense of confidence and trust among land sellers, investment sales brokers, municipal officials, construction and leasing personnel and internal partners

Demonstrate strong analytical capabilities with a high attention to detail

Ability to handle multiple projects, changing priorities and time-sensitivity, workload

Ability to provide general direction/be self-managed/work independently

Ability to provide efficient, reliable, and courteous service to internal and external customers

Ability to keep information and internal communications confidential

Exhibit excellent verbal and written communication skills

Must be able to remain in a stationary position 50% or more of the time/constantly operate a computer and other office productivity machinery (ex. a calculator, copy machine, computer printer) or, by request, be provided with reasonable accommodation to perform the essential functions of the position

Travel may be required