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Job Description

Description


About Caldwell Companies


Caldwell Companies is an established and growing development, investment and commercial service firm based in Northwest Houston.  Caldwell Companies is a faith-based firm that engages in large-scale commercial and residential development, real estate investments, commercial land brokerage, and asset management. Our company culture is a family environment where the individual is treated with respect and accountability that helps foster personal growth and achievement. We have a fun work setting coupled with a fast-paced, exciting, and goal-oriented environment. 

 

Job Description


The Development Manager works directly with division leadership on the acquisition and execution of projects to meet the strategic objectives of the multi-family team. The Development Manager will ensure a high level of professionalism and foster positive relationships with consultants and clients.


Responsibilities

  • Track Multifamily development and investment activity in strategic MSA’s
  • Conduct general and specific market/submarket research pertaining to competitive rental properties and investment sales
  • Analyze new development sites for acquisition, including market research, supply analysis, demand analysis, job growth and other key economic factors
  • Prepare investment committee presentations on potential acquisitions and development projects
  • Assist in underwriting of prospective sites for development, including product programming, rental rate analysis, cash flow modeling, and disposition analysis
  • Assist in the design, scheduling, and execution of projects
  • Prepare market surveys for due diligence by preparing metrics, comparing and analyzing data, and making recommendations
  • Manage and monitor the activities of team members hired to perform specific project-related activities including architects, engineers, consultants, and construction professionals
  • Monitor and guide project progress with city officials, internal teams, and financing partners
  • Prepare monthly project status reports
  • Assist in managing and monitoring operating assets to maximize project value
  • Prepare and manage disposition data for potential sales of current assets
  • Research government regulations pertaining to new development opportunities
  • Obtain real property information from public records research
  • Assist in creating investment offering packages
  • Willing to travel, as needed.


Working Relationships

  • Goal driven self-starter with the ability to work independently
  • Exhibits selfless service to accomplish team goals
  • Ability to work independently on tasks and effectively collaborate with team to promote successful completion of projects
  • Ability to work in a small group environment where roles and responsibilities change frequently
  • Exhibit willingness to undertake new tasks and seek advice or assistance where necessary to assure timely and appropriate completion
  • Ability to communicate effectively with public officials, tenants, vendors, team members and the general public in a professional manner
  • Ability to effectively present information in public and professional forums
  • Ability to multi-task with great organizational skills

Requirements

  • Bachelor’s degree (emphasis on real estate or construction)
  • 7-15 years of Multifamily development related experience (graduate study, internships considered)
  • Understanding of real estate and/or financial asset underwriting practices and methods
  • Ability to read, analyze, and interpret due diligence reports, construction plans, leases, legal documents, financial documents and government regulations
  • Working knowledge of ownership rights, interests, property conveyance, title insurance, easements and encumbrances, deed restrictions, eminent domain, and land use regulations
  • Working knowledge of the entitlement process including easement issuance or abandonment, utility coordination, zoning changes, and platting
  • Experience with project level accounting including budget creation, and job cost reporting
  • Experience with property management companies, property owner associations, home owner associations, and municipal utility districts
  • Working knowledge of project and time management techniques, methods, and software with demonstrated ability to meet deadlines
  • Proficiency with PowerPoint, Outlook and Excel Required

Skills for Development Manager

The job skills required for Development Manager include Leadership, Presentation, Analysis, Coordination, Accountability,and Due Diligence etc. Having related job skills and expertise will give you an advantage when applying to be a Development Manager. That makes you unique and can impact how much salary you can get paid. Below are job openings related to skills required by Development Manager. Select any job title you are interested in and start to search job requirements.

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Career Path for Development Manager

The following is the career advancement route for Development Manager positions, which can be used as a reference in future career path planning. As a Development Manager, it can be promoted into senior positions as a Development Director that are expected to handle more key tasks, people in this role will get a higher salary paid than an ordinary Development Manager. You can explore the career advancement for a Development Manager below and select your interested title to get hiring information.