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Director, Industrial Development
JOB DESCRIPTION
Key responsibilities will include:
- Develop and perform the financial analyses and underwriting, which forms the basis for site selection and the Company’s spending of pursuit capital.
- Manage the pre-entitlement process by maintaining accurate pursuit cost forecasting and reporting, and ensuring pro-forma development budgets and schedules are met.
- Participate in Investment Committee meetings that focus on proposed development projects, working with the Managing Director of Finance in project financing, and reviewing and providing progress updates on projects under pursuit, construction and lease-up.
- 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.
- Negotiate or assist in the negotiation of complex legal instruments including contracts, term sheets, loan documents and joint venture agreements.
- Manage complex development projects under construction to ensure developments remain on time and on budget.
- Manage third party consultants to identify, entitle, design, finance, permit, construct, lease, manage and dispose of new development projects.
The ideal candidate will possess:
- 5+ years of real estate development experience.
- Deep and broad experience in industrial development and new construction.
- Dynamic verbal and written communication skills and strong interpersonal abilities.
- Strong analytical and quantitative skills, with an excellent financial acumen and high proficiency with real estate underwriting and real estate finance concepts.
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.
Greystar will consider for employment qualified applicants with arrest and conviction records.
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Company Updates
THE GREYSTAR STORY
In 1993, when Founder, Chairman, and CEO Bob Faith set out to build Greystar, he envisioned the need for a rental housing industry leader — a blue-chip company that operated with the highest integrity and character in delivering world-class services to residents, property owners, and investors.
With a winning strategy and a focus on people, Greystar continues to meet that need, guided by the Mission of enriching the lives we touch by doing things the right way.
Over the years, Greystar has learned what’s important to people when it comes to a place to call home. That’s why we continually strive to provide beautiful living environments and innovative services that enhance the living experience. We take pride in knowing that our homes are inviting places for residents to celebrate life’s important moments.
WHAT SETS US APART
At Greystar, we care about our residents, clients, and partners – and it shows. Our focus on people, genuine relationships, and shared values has created a unique and defining company culture.
Our team members are key to that culture, so we also strive to hire the best people in the business. “Our Core Values and our people are at the heart of everything we do,” says Bob. “Though times and technology may change, it’s our people who have made Greystar the global leader in rental housing.”
Diversity, Equality & Inclusion
At Greystar, we’re committed to doing the right thing. Our Core Values foster an environment of diversity, equality, inclusion, and belonging, and create the framework that guides everything we do. Our company-wide Diversity, Equality & Inclusion effort isn’t something that’s led by a person or division – it is an effort that is driven by the entire business and guided by our team members.