Director, Industrial Development

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Director, Industrial Development

We have ambitious growth plans for our industrial development business, and we are looking for a driven, self-starter to lead sourcing and execution efforts for Greystar’s industrial projects in Houston and Salt Lake City. This position can be based in either location.

JOB DESCRIPTION

  • 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.

#LI-KD1

Compensation is based on geographic location and individual pay decisions will vary based on demonstrated job related skills, knowledge, experience, education, certifications, etc.

Corporate Positions: In addition to the base salary, may be eligible for an annual performance bonus that is based on individual and company performance.

Onsite Property Positions: In addition to the base salary, may be eligible for a discretionary weekly, monthly and/or quarterly bonus based on budget.

Greystar seeks to attract, recruit, advance and retain top talent. Greystar’s compensation strategy is tailored to appropriately reward the skillset and experience that a team member will bring to the organization.

Robust Benefits Offered for Full-time Team Members:

  • Medical, Dental, Vision, Life

  • 401(k) with Company Match (eligibility required)

  • Short-term & Long-term Disability

  • Critical Illness/Accident/Hospital Indemnity Plans

  • Employee Assistance Program

  • Generous Paid Time Off: Time off benefits include vacation, holidays, personal days, and sick time and parental leave

For Union and Prevailing Wage roles compensation and benefits may vary from the listed information above due to Collective Bargaining Agreements and/or local governing authority.

Greystar will consider for employment qualified applicants with arrest and conviction records.

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