Gilbane Building · 17 hours ago
Director, Development
Gilbane Development Company is seeking a strategic and entrepreneurial Director, Development to lead ground-up student housing projects from concept through completion. This role is pivotal in expanding their development pipeline and shaping vibrant, high-performing communities tailored to student needs.
Commercial Real EstateConstructionReal Estate
Responsibilities
Leads the identification, acquisition, and due diligence process for new student housing developments, ensuring all stages are managed efficiently and strategically
Sources, identifies, and underwrites new development opportunities by leveraging an established brokerage network and maintaining proactive outreach efforts
Stays informed on targeted student housing markets in order to recognize potential opportunities and position new projects advantageously
Oversees the entire development cycle, including entitlement, design, permitting, construction, and final delivery of project
Conducts comprehensive market research and financial modeling to evaluate project feasibility, supporting optimal returns on investments
Develops and manages detailed project budgets, schedules, and risk mitigation strategies to ensure successful project execution
Collaborates cross-functionally with internal teams, consultants, and contractors to drive project success and foster strong working relationships
Promotes a culture of mentorship, innovation, and accountability within the development team, supporting professional growth and high performance
Monitors industry trends and proactively adjusts strategies to maintain a competitive advantage in the student housing sector
Provides clear and consistent updates to senior leadership regarding pipeline progress, financial performance, and key project milestones
Qualification
Required
Bachelor's degree in Real Estate, Architecture, Construction Management, or related field
10+ years of experience in real estate development, with a strong record of success in ground-up student housing or multifamily projects
Candidates should have sourced and completed a minimum of six substantial development projects valued between $50 and $150 million, with significant involvement in student housing
Demonstrated ability to manage multiple development projects simultaneously, at various phases and across diverse geographic locations
Strong leadership and interpersonal skills, complemented by a collaborative and entrepreneurial approach
Proven capacity to prioritize and execute tasks efficiently, achieving company and project objectives with prudence and a sense of urgency
Advanced skills in financial modeling and analytics are essential for success in this role
Proficiency with development tools such as MS Project, Excel, and project management platforms
Preferred
An MBA or Master's in a related discipline is preferred
Experience with mixed-use, retail, and multifamily projects is also desirable
Benefits
Competitive health and welfare benefits
Generous profit-sharing/401k plan
Education investment through Gilbane University
Company
Gilbane Building
Gilbane Building Company provides a full slate of construction and facilities-related services—from preconstruction services planning and integrated consulting capabilities to comprehensive construction management, general contracting, design-build, and facility management services— for clients across various markets.
Funding
Current Stage
Late StageTotal Funding
$16MKey Investors
Amazon
2022-12-19Debt Financing· $16M
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