RiverWest Partners · 8 hours ago
Vice President of Development
Columbus, Ohio Metropolitan Area
Full-time
Onsite
Director/Executive
7+ years expRiverWest Partners is seeking a Vice President of Development to manage commercial, residential, and mixed-use real estate development projects from inception to opening. The role involves assessing development leads, leading due diligence processes, managing project budgets and schedules, and interfacing with various stakeholders to achieve successful project outcomes.
CommercialProperty ManagementReal Estate
Responsibilities
Project Management – manage the development process including participating in the project visioning and scope. The role will then manage and coordinate consultants during the entitlement and due diligence process as well as coordinate and participate in community and stakeholder meetings. This role will lead all design, due diligence, legal, and community/municipality requirements to gain entitlements and approvals for the projects. This role will also take the lead in reviewing legal documents related to development including, but not limited to, letters of intent, option agreements, purchase and sale agreements, and other development-related agreements
Financial Management – facilitate and manage the project budget and proforma. The position requires experience in developing and reviewing budgets, cash flows, forecasts, and key development performance indicators including ROI, IRR’s, equity multiples, etc. This role will prepare and work with leadership and other internal groups on the creation of financing packages for lenders and investors and will participate in public funding discussions and negotiations
Reporting –prepare investment memorandums on potential projects and present to the internal investment committee. Once approved, lead the coordination, organization, and execution of project progress by managing the monthly budgeting and forecasting reporting. Ability to learn and use existing development systems and controls and make suggestions for new process improvements
Design and Construction – oversee the design and construction process to ensure the project vision, schedule, budget, and return remains intact by working with internal and external design and construction teams to quickly address issues as they arise
Due Diligence – Assess potential development sites and make strategic recommendations to the SVP - Development. Analyze the primary and secondary markets the site may serve, existing zoning, ownership, demographics and competing sites. Interact with local municipalities and the brokerage community, as necessary. Identify and assess all primary risks to the development including on-site and off-site issues, entitlements, leasing, market, economics and timing
Communications Management – scheduling and documenting regular project meetings for internal and external team members. The Development Manager must be accessible and responsive to a broad base of stakeholders and communicate salient facts as appropriate. The Development Manager must be willing to travel and attend after-hour meetings (as necessary) and manage, train, and mentor junior associates
Qualification
Required
7-10+ years of relevant work experience with a bachelor's or master's degree in real estate, business, finance, construction management, engineering, architecture, or related field
Expertise in the real estate development industry in mixed use and/or residential developments
Leadership and management skills with team members, stakeholders, consultants, and government officials
Excellent decision-making ability and judgement
Excellent communication skills, both written and verbal, and comfortable with public speaking
Strong organizational skills and attention to detail
Creative thinker and problem solver
Ability to assess and minimize risk in evaluating new projects
Ability to develop financial models with proven experience in budgeting, forecasting, and financial modeling
Self-starter with an entrepreneurial mindset
Ability to manage multiple projects & resources, while adhering to strict deadlines & budgets
Must have knowledge of MS Office including Outlook, Excel, Word, and Teams
Company
RiverWest Partners
RiverWest Partners is an investor and developer of real estate with residential and commercial assets management.
11-50 employees
Funding
Current Stage
Early StageLeadership Team
Brenen Palma
Principal & Co-Founder
Company data provided by crunchbase