Development Director, University Partnerships

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Development Director, University Partnerships

Supports the execution of the Company’s business development platform in the Western United States by managing the business development processes including developing relationships with university partners with the goal to source and win on-campus development opportunities, managing the process to complete compelling proposals including but not limited to: conceptual design, preliminary entitlement path and project schedule, proposal narrative and preliminary underwriting to include project budget, operating pro forma, and sources and uses of project financing. Many of these tasks are completed through the work of co-workers and vendors the employee does not manage but yet still requires work performance from. Assist development staff from various regional offices on project execution as/if needed.

JOB DESCRIPTION

  • Manages the due diligence process on opportunities, and develops documentation and recommendations on key findings that may affect the return and financial performance of the proposed deal.
  • Prepares detailed investment memorandums providing insight on the proposed projects for submission to the Company’s Investment Committee including detailed pro-forma and financial models and pursuit cost budgets
  • Supports the negotiation of project agreements for approved projects, post award.
  • Directs third party relationships to complete project design concept and building plans in accordance to approved scope of work.
  • Manages relationships with the regional teams.
  • Maintains on-going communications with the University Partnerships leadership team and university partners.
  • Works closely with the property management team to finalize budgets and project design plans.
  • Develops and maintains relationships with local market brokers, institutional and equity partners, lenders, real estate owners, and other key stakeholders, and appropriately manages on-going communications related to proposed development projects.
  • Completes various human resources, financial, administrative, and other reports and analysis, and performs other duties as assigned or as necessary.
  • Fluidly works with Regional Development Staff where position may lead the pursuit and predevelopment process, or in many instances may only assist Regional Staff leading the process. Ability to work successfully where division of work can be ambiguous, and have the ability to communicate effectively and delegate to ensure all responsibilities are covered and work is well coordinated.

Depending on the position offered, regular full-time and part-time team members may be eligible to participate in a bonus program in addition to their base salary. Once eligible, team members may participate in the 401k plan. Regular, full-time team members are also offered a range of medical, financial, and/or other benefits from which to choose.

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