What are the responsibilities and job description for the Development Manager position at Path Construction?
Path Construction is looking for a Development Manager to lead the execution of the company’s development and new construction strategy, identifying and managing projects across Illinois, Tennessee, North Carolina, and Arizona. Path is a rapidly growing general contractor headquartered in Arlington Heights, IL with projects and offices throughout the country.
Founded in 2008, Path Construction provides a vast array of construction services. Our expertise is very diverse and includes experience on small and large projects of many different types, including but not limited to: healthcare, higher education, multi-family, hospitality, retail, self-storage, senior living, transportation, water and waste treatment, convention centers, laboratories, correctional, and institutional. The main philosophy and strategy for the growth of our organization is to be on the cutting edge of all aspects of the construction process. Additionally, our unmatched customer satisfaction and most importantly, the development and quality of our people drive our success.
For more information, please check out our website: https://www.pathcc.com/
Duties for Development Manager include:
- Leading Development planning and strategy
- Locating and Pursuing development opportunities
- Review and Analysis of development project opportunities
- Develop pro formas
- Working with the Managing Director of Finance in project financing, and reviewing and providing progress updates on project opportunities, construction and lease-up
- Manage the pre-entitlement process
- Ensuring pro-forma development budgets and schedules are met
- Negotiate or assist in the negotiation of contracts, term sheets, loan documents and joint venture agreements
- Manage third party consultants to identify, entitle, design, finance, lease, manage and dispose of new development projects
- Develop and analyze funding options and strategies
- Source new development opportunities through developing and maintaining relationships with key stakeholders including brokers, land sellers, equity partners and lenders to identify feasible, financeable, and profitable new initiatives
- 5 years of real estate development experience
- Deep and broad experience in multifamily, medical, educational or industrial development is preferred
- Dynamic verbal and written communication skills and strong interpersonal abilities
- Strong analytical and quantitative skills
- High proficiency with real estate underwriting and real estate finance concepts
We offer:
- Annual Salary Range: $100,000 - $130,000
- Bonus Plan
- 401(k)
- PTO
- Certification Training
- Health, Dental, Vision, Life, Long-Term and Short-Term Disability Insurance
- Company cellphone and computer
- Financial and Mental Health Support through a third party
- Travel and Entertainment Discount Program
Salary : $100 - $130