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LIV Development · 1 month ago

Senior Director of Development

Greater Birmingham, Alabama Area

Full-time

Onsite

Director/Executive

LIV Development is a leading multifamily developer dedicated to creating vibrant communities across the United States. The Senior Director of Development is responsible for sourcing, developing, and closing multifamily development opportunities, while managing financial analysis and project execution.

Commercial Real EstateReal EstateReal Estate Investment

Hiring Manager

Lauren Carter

Responsibilities

Sourcing of Development Opportunities

Research and determine target markets and specific submarkets to focus efforts

Develop and maintain a network of relationships in target markets to support deal origination

Identify and pursue off-market opportunities in target submarkets

Lead efforts on LOI and contract negotiations for projects

Produce financial analysis for each viable prospect utilizing LIV’s underwriting model

Research and produce rent comp, sales comp and tax comp analysis for prospects

Research and produce pipeline report for current and future projects in corresponding submarket and market

Produce investment books and investment committee memos

Lead rezoning efforts, with support of land use attorney, for new opportunities

Manage project checklist and schedule for active projects

Hire, direct and manage team of design professionals to produce Construction Drawings for each project

Organize internal review of design drawings with LIV team and work with design team on revisions

Work with Vice President of Construction to provide plans to GC for pricing

Closing coordination

Manage closing process with equity partners and banks

Coordinate Friends and Family investment partners

Transition to construction team’s Project Manager

Qualification

Multifamily real estate transactionsFinancial modelingTeam managementMicrosoft ExcelTask managementRelationship buildingIndependent work

Required

Bachelor's degree in business, finance, engineering, real estate, or equivalent

Demonstrated experience in executing multifamily real estate transactions independently, including identifying new development opportunities and managing closing processes

Highly proficient in Microsoft Excel and financial modeling

Strong relationship building skills. Must be highly skilled in working closely with and developing relationships with key members of the development process

Experience managing a team of design professionals and holding them accountable for work product and deadlines

Ability to work independently and manage multiple tasks in a fast-paced environment while collaborating effectively within a team

Willingness to travel often