What are the responsibilities and job description for the Senior Associate or Director – Development and Acquisitions position at Hines?
Overview
When you join Hines, you will embark on a career journey fueled by vision and guided by leaders who set the standards of our industry. Our legacy is rooted in innovation and excellence, earning us a spot on Fast Company’s esteemed annual list of the World’s Most Innovative Companies, as well as recognition as one of U.S. News & World Report’s Best Companies to Work For in 2024. Discover endless opportunities to grow and make your mark at Hines.
Responsibilities
As a Senior Associate or Director, you will assist senior management in the development and acquisition of projects across all product types. This may include the sourcing, underwriting, financing, design, marketing, construction, lease up, and sale of projects. Responsibilities include, but are not limited to:
**Must include a cover letter with your resume**
- Sourcing, underwriting, launching, and overseeing projects.
- Working with construction management teams.
- Managing active projects and bringing new market opportunities for consideration.
- Managing project budgets, contracts and development schedules.
- Serving as a liaison and monitoring the flow of information regarding the project among interested parties including investors, market research personnel, construction groups and architects.
- Working with city staff to achieve appropriate entitlements for developments.
- Reporting to Hines, investors, and lenders regarding status of active projects.
- Working with lenders to facilitate financing requirements for projects.
Qualifications
Minimum Requirements include:
- MBA or equivalent Real Estate degree is preferred. Bachelor’s degree and related experience may be considered in lieu of post undergraduate studies.
- Five years of professional work experience and three or more years working directly in real estate development.
- Experience in multifamily development preferred.
- Strong work ethic and self-initiator
- Entrepreneurial attitude toward creative deal structuring.
- Strong financial and analytical skills.
- Ability to manage a variety of tasks and multiple projects within a tight time schedule.
- Ability to analyze real estate from a strategic investment feasibility perspective.
- Excellent oral and written communication skills and general ability to abstract legal docs pertaining to projects.
- Ability to foster strong relationships with local and national real estate industry players in multiple markets.
- Strong leadership and negotiation skills that can command a room as well as oversee a project day to day.
- Work indoors approximately 90% of the time and outdoors 10% of the time.
- On occasion, perform physical inspections of construction sites.
- Availability to travel within assigned territories as necessary, up to 25% of the time on occasion.
Closing
At Hines, we strive for excellence as a leading global real estate investment manager, driven by our by our belief that real estate is fundamentally about people. Our diverse portfolio spans $93.2 billion¹ of assets across such property types as living, office, retail, mixed-use, logistics and life science projects – all designed to enhance value, connection and inspiration. Our strategic approach integrates local expertise with global knowledge, taking calculated risks aligned with our convictions to exceed expectations and tailor solutions to our clients' needs.
While our projects are renowned for enhancing cities and pioneering sustainable practices, we recognize that the true driving force behind Hines' success is our 5,000 dedicated employees in 30 countries who draw on our 65-year history to build the world forward. This is why we prioritize investing in our people, offering comprehensive training, competitive compensation, robust benefits and generous vacation packages. By centering our focus on the growth and wellbeing of our team, we cultivate an inclusive environment where everyone, including our clients, can thrive.
Hines is proud to be named to Fast Company’s prestigious annual list of the World’s Most Innovative Companies for 2024. ¹Includes both the global Hines organization and RIA AUM as of December 31, 2023.
We are an equal opportunity employer and support workforce diversity.
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Salary : $93