Managing Director, Development - Florida

Our Company:

Quarterra is a real estate investment and development company shaping the future of rental living through thoughtfully designed multifamily and single-family communities across the United States. We combine national scale with local expertise to deliver purpose-built, high-quality homes in the nation’s most dynamic, high-growth markets. A key driver of our strategy is the continued growth of our Emblem portfolio, a collection of attainably priced communities that integrate efficient design, modern amenities, and strong investment fundamentals. These communities are strategically positioned to meet the evolving needs of today’s renters while advancing Quarterra’s vision for sustainable, resilient, and diversified housing solutions. At Quarterra, you’ll join a collaborative, values-driven culture built on quality, integrity, communication, and teamwork. Bold ideas are encouraged, growth is prioritized, and every contribution helps shape the future of residential living. This is a place to build a meaningful career and make a lasting impact.

Summary of Position:

The Managing Director of Development, Florida, will be responsible for leading the development team on executing all functions of the development process for multifamily and mixed-use real estate projects with a focus on planning, entitlement, financial analysis, and overall management from inception to stabilization for the division. The Managing Director of Development, Florida, will directly report to the East Region President as well as have access to multiple corporate leaders throughout the firm and is expected to manage multifaceted tasks concurrently and successfully for multiple projects.

Principal Duties and Responsibilities:

• Support East Region President in managing, developing, and executing strategic plans and objectives to ensure achievement of agreed upon goals for shareholder value, owner satisfaction and Associate growth and development.
• Collaborate with the East Region President to identify and underwrite new development opportunities including identifying market-specific economic and demographic data, rental comparable information, construction cost estimates, local permit and fee costs and local supply and demand statistics.
• Spearhead the identification and evaluation of potential sites for expansion and manage the execution of each new community.
• Partner with the Investments team to prepare informational packages for the internal investment committee as well as offering memoranda for equity partners and outside lenders.
• Oversee and implement all facets of the development process including planning, design, entitlement, construction and lease-up of the projects.
• Review civil and architectural plans to drive quality and cost effectiveness.
• Prepare, maintain, and monitor project budgets and formulate monthly project development reports.
• Initiate and sustain the financial projections, monthly draw requests and related analyses for the development and operation of the projects.
• Direct the internal project team and outside professionals in creating an effective strategy for the success of the projects and implementing that strategy.

Education and Experience Requirements:

• MBA with concentration in Real Estate, Finance, Civil Engineering, Building Sciences or a related field required.
• 8 years of experience in real estate development (with an emphasis on multifamily), land development and project management and the demonstrated ability to build and direct effective teams to manage major development projects.
• Knowledge and understanding of development and construction practices.
• Excellent written, verbal, and interpersonal communication with the ability to manage up and down.
• Experience managing several projects simultaneously.
• Advanced Microsoft Office suite experience (Excel, PowerPoint, Word).

Additional Requirements:

• Occasional travel within and outside designated region.

Physical Requirements:

This is primarily a sedentary office position which requires the Managing Director of Development, Florida, to have the ability to operate computer equipment, speak, hear, bend, stoop, reach, lift, and move and carry up to 25 lbs. Finger dexterity is necessary.

This description outlines the basic responsibilities and requirements for the position noted. This is not a comprehensive listing of all job duties of the associate. Duties, responsibilities, and activities may change at any time with or without notice.