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GreystarPosted 1 month ago

Director, Development

$170,000–$200,000 year

On-siteSacramento, California, United States

Full TimeSenior LevelEnterprise

Job Summary

Source and manage the development pipeline from cradle-to-grave, overseeing land acquisition due diligence, underwriting, and transaction closing. Prepare investment memorandums, pro-forma models, and cost budgets for the Investment Committee, then negotiate sale and purchase agreements and issue letters of intent. Direct third-party consultants through design and construction, resolve geotechnical and environmental matters, and administer the Development and Construction Status Report. Manage the detailed development budget, approve FF&E selections, and coordinate with permit expeditors and construction teams to ensure municipal compliance and timely completion. Represent ownership at OAC meetings, review monthly draws for variances, and maintain close communication with equity partners and the executive team. Supervise the development production team, conduct performance evaluations, and cultivate relationships with local brokers, lenders, and stakeholders.

Required Qualifications

  • 5+ years of experience in real estate development
  • Bachelor's degree in Finance, Business, Real Estate, Economics, Construction, Architecture or related field

Desired Qualifications

  • Master's degree

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