Development Manager – Student Housing
Company | Gilbane Building Company |
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Location | Providence, RI, USA, Philadelphia, PA, USA |
Salary | $120000 – $170000 |
Type | Full-Time |
Degrees | Bachelor’s |
Experience Level | Senior, Expert or higher |
Requirements
- Bachelor’s Degree. Master’s degree preferred, in real estate development related field (i.e., engineering, architecture, construction, real estate, finance, law, economics)
- 8+ years’ experience in real estate development with at least 3+ years in student housing development
- Proficient in underwriting student housing development opportunities
- Established record of success as a project leader, having completed at least six substantial development projects ranging from $50-$100mm+ million in value, including significant experience with student housing
- Demonstrated experience at the management level—proven managerial skills, ability to mentor and develop staff and foster teamwork and collaborative problem solving
- Collaborative and respectful approach to working style with stakeholders, colleagues, consultants and third-party trade partners
- Self-starter with the ability to manage three to four overlapping projects efficiently in a fast-paced environment
- Excellent business development skills and experience in marketing, generating business and maintaining credibility in the community
- Attention to detail and ability to execute at a high level
- High degree of organizational skills and problem-solving ability
- Ability to prioritize/execute to achieve desired company and project goals with prudence and sense of urgency
- Excellent communication skills, both verbal and written
- Strong relevant computer skills
Responsibilities
- Assist with execution of current development pipeline with properties in various stages
- Oversee Analysts & Associates project feasibility studies (Market research, underwriting, investment thesis) and financial closing.
- Lead stakeholders through Design, Construction Cost exercises, and Value Engineering
- Project Management Lead through due diligence, entitlement & permitting, scheduling, and managing the critical path
- Consult with Legal & Finance partners for completing the LOI/PSA, Operating Agreements, Consultant Contracts, and Construction Contracts
- Sourcing new development opportunities within student housing
- Day-to-day liaison with design/construction team, clients, and stakeholders.
- Communication should convey urgency balanced with positive motivation and teamwork
- Maintain scope and cost while meeting schedule and quality goals
- Oversee cost management reporting
- Provide regular updates on project status to senior management and JV partners
- Uphold and represent Gilbane’s core values and reputation
Preferred Qualifications
- Master’s degree preferred