Search Opportunities

  • Northern, NJ

VP Development (Real Estate)

Real Estate Investment Trust

Our client who owns and operates a retail and mixed-use portfolio comprising of over 15 million square feet in 120 properties is looking to add a VP of Development.

Responsibilities:

• Work with internal and external partners to craft unique environments that support the retail merchandising, community vision, and mixed-use components.

• Lead the development process, coordinating all aspects of the development including financial analysis, political approvals, design, marketing and construction.

• Partner with other disciplines within the organization to coordinate and integrate leasing, operations, acquisitions, and financial reporting.

• Develop qualitative analysis, pro forma analysis, financial sensitivity analysis, and budgets for investment real estate development projects.

• Develop schedules from the initial phase through construction.

• Manage bid processes for hard and soft costs including negotiating contracts; ensuring compliance with

codes and laws; and overall project management (monitoring cost, progress, schedule, etc.).

• Negotiate service provider and consultant contracts with legal counsel guidance as appropriate.

• Engage with communities and municipalities to secure entitlements.

• Provide general support for real estate transactions and special projects as needed.

• Conduct certain due diligence (architectural, engineering, and environmental) for potential acquisitions

as needed.

• Participate in a variety of aspects related to the financing, permitting and programming of real estate

development projects.

• Evaluate potential new development sites for zoning, market and financial feasibility.

• Conduct detailed market surveys and perform a quantitative and qualitative analysis of competitive

landscape.

• Coordination of designers, contractors and marketing consultants for project related work.

• Interface on a daily basis with designers, general contractors, architects and company pre-construction

staff on development and construction projects.

• Track job cost against budget and report to management on projected savings or overruns.

• Take ownership of and solve problems throughout the conceptual, design, construction and delivery

process.

Qualifications

• Strong desire to create unique places that foster community.

• Ability to participate in corporate decisions and understand the firm’s strategic plans.

• Strong interpersonal, verbal and written communication skills.

• Self-motivated and independent, detailed oriented, strong work ethic, high integrity and ethical standards.

• Exceptional project management skills.

• Perform under heavy time and workload pressure.

• Exercise independent judgment and discretion.

• Be personable, likable, a listener and a team player.

• Be open to and willing to accept input and direction.

• Minimum of 7 years’ experience in the real estate industry.

• Bachelors Degree Preferred.

• Proficiency in windows based environment.

• Clear and effective communication skills.

• Excellent financial analysis skills, with strong Excel proficiency.

  • Max. file size: 300 MB.