What are the responsibilities and job description for the ACQUISITIONS & DEVELOPMENT MANAGER, MULTIFAMILY DEVELOPMENT position at Kennedy Wilson?
Summary:
Kennedy Wilson is seeking an Acquisitions & Development Manager with 3–5 years of multifamily development experience to drive land acquisition, lead projects from acquisition through construction start, build key market relationships, and deliver high-impact multifamily developments.
Company:
Founded in 1977, Kennedy Wilson is global real estate investment company headquartered in Beverly Hills, CA with 19 global offices. We own, operate and invest in real estate on our own and through our investment management platform. We focus on multifamily, office and industrial properties located in the Western United States, U.K, and Ireland. For further information on Kennedy Wilson, please visit www.kennedywilson.com.
Key Responsibilities:
- Lead land sourcing and acquisition strategy within the assigned region, maintaining a high-volume pipeline and deep expertise in local market dynamics, land pricing, and entitlement pathways.
- Build and manage senior relationships with brokers, landowners, consultants, and municipal stakeholders to generate actionable deal flow and advance projects through local approvals.
- Lead underwriting of development opportunities, including financial modeling, market and competitive analysis, and investment thesis development; present and defend recommendations to senior leadership.
- Structure and negotiate land acquisitions (LOIs and PSAs), managing transaction economics, timelines, and compliance with contractual obligations.
- Partner with development, construction, and design teams to align budgets, schedules, and project strategy with approved underwriting and market positioning.
- Oversee and quarterback due diligence, coordinating internal and external partners, validating assumptions, and preparing investment memos and approvals.
- Maintain ownership through entitlement, design, and construction start, leading entitlement strategy and ensuring underwriting assumptions remain validated throughout execution.
- Support capital formation through offering materials, investor presentations, and lender diligence.
- Assist with refinances and dispositions in partnership with capital markets and brokerage teams.
- Deliver consistent development outcomes while representing the firm with professionalism, market credibility, and strong judgment.
Qualifications:
- Bachelor’s or Master’s degree in business, economics, or a development-related field (e.g., construction, engineering, architecture).
- Strong financial modeling and spreadsheet skills.
- Solid understanding of multifamily investment economics and development fundamentals.
- Experience across the development lifecycle, from site sourcing through construction start (entitlement experience preferred).
- Excellent communication skills with the ability to influence stakeholders and present investment recommendations.
- 3–5 years of relevant multifamily development experience, preferably with ground-up development at an institutional or established development firm.
- Proven ability to independently source, evaluate, and advance development opportunities within a defined market.
Compensation Package:
- Competitive base salary & Discretionary Bonus
- Comprehensive Benefits Package
- 401K retirement plan
Salary : $72 - $89