Director – Build-to-Rent
| Company | AvalonBay Communities |
|---|---|
| Location | Arlington, VA, USA |
| Salary | $Not Provided – $Not Provided |
| Type | Full-Time |
| Degrees | Bachelor’s, Master’s, MBA |
| Experience Level | Senior, Expert or higher |
Requirements
- Strong deal structuring, negotiation, and contract management experience
- Deep understanding of real estate entitlements, financial modeling, and feasibility analysis
- Proven ability to build and manage relationships with development partners, brokers, and internal teams
- Exceptional written and verbal communication skills to present investment recommendations
- Bachelor’s degree required; MBA, Master’s in Real Estate Development, or a related field preferred
- 7+ years of experience in real estate investments or development
- 2-3 years of direct experience in Build-to-Rent (BTR) or homebuilding projects
Responsibilities
- Identify new BTR investment opportunities within target markets
- Develop strong external network of brokers and qualified potential development partners
- Negotiate legal agreements and oversee venture formation, working with attorneys, consultants, and general contractors
- Maintain executive-level relationships with capital market brokers, investment sales professionals, and development partners
- Collaborate with internal teams, including Legal, Design, Residential Services, and Construction, to ensure investment success
- Assess project feasibility by analyzing market conditions, entitlement likelihood, financial projections, and environmental factors
- Oversee preparation of investment packages for the Management Investment Committee (MIC), integrating market research, financial modeling, and risk assessments
- Lead cross-functional Asset Teams, coordinating with various business units to ensure project success
- Serve as an internal thought leader on BTR investments, sharing insights and strategies with leadership
Preferred Qualifications
- MBA, Master’s in Real Estate Development, or a related field preferred