Real Estate Development Manager at Hamilton Lloyd and Associates

Job Summary

• The Real Estate Development Manager formulates development strategies for the company real estate projects and negotiates land and shopping center acquisitions.
• The incumbent manages and negotiates development-related contracts and projects; architectural, engineering, and other agreements.
• The Real Estate Development Manager manages and completes due diligence and entitlement activities for all development-related property acquisitions; land purchases and ground-leased sites and ensures the closings of properties occur in accordance with the terms of the contracts.

Job Responsibilities

• Development of project concepts and specifications.
• Identification of viable projects and preparation of business cases to support the Board of Directors in making decisions.
• Applying for funding and financing and developing capital budget
• Developing financial pro forma and writing business plans for multi-unit residential projects.
• Act as project manager for projects under development
• Tendering all contracts for professional services.
• Manage payments and the claims process during construction and reconcile budgets at end of construction.
• Monitor expenses against the budget.
• Review all contract changes and coordinate change control process – maintain records of all changes and required approvals.
• Develop strategies for leveraging the company’s assets to develop new projects.
• Make recommendations on new actions, goals and targets related to the development of new projects.
• Make recommendations with respect to financing, debt and financial sustainability of projects.
• Develop and manage timeliness for various activities to ensure strategic plans and critical development processes are carried out in a timely manner.
• Seek and develop viable partnerships to advance the company’s goal
• Prepare regular reports on progress, budgets, and expenditures related to the management of real estate development activities.
• Perform other related duties as required.
  

Person's Specification

• Education: A degree in a related field such as Architecture or Urban Planning, Civil Engineering, Building Technology any related course.
• MBA will be an added advantage.

Experience:

• Minimum of 6 years’ experience working in real estate development including experience with project management and project costing of new development from concept through approvals, financing, construction and occupancy.
• Experience developing financial pro forma and business plans for new development.
• Experience securing financing for real estate projects.
• Experience working in partnerships.
• Experience developing consultation plans and leading consultation activity.
• Experience managing relationships with key stakeholders and contracted professionals.

Other Requirements:

• Knowledge of best practice in real estate development.
• Proficient in the use of MS Project
• Ability to analyze various real estate development opportunities, including financial analysis.
• Ability to develop feasible plans and successfully implement the plans.
• Ability to lead teams to accomplish goals.
• Ability to work in a fast paced, multi-task environment.
• Ability to deal with diverse stakeholders.