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Development Manager – Student Housing

Development Manager – Student Housing

CompanyGilbane Building Company
LocationProvidence, RI, USA, Philadelphia, PA, USA
Salary$120000 – $170000
TypeFull-Time
DegreesBachelor’s
Experience LevelSenior, 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