Vice President/Development

Overview:

Gilbane Development Company is seeking an experienced Vice President of Development to serve as the local development partner for Gilbane in Charlotte, NC. The VP is the representative of the Company responsible for contacting, meeting, and establishing new business relationships and opportunities for the purpose of identifying and structuring market rate multifamily transactions. The assignment will involve establishing and maintaining a marketing and sales plan to identify and secure development opportunities within the targeted geographic region. The candidate must have permanent residence in the market.

Responsibilities:

Identify real estate development opportunities and negotiate letter of intent and purchase and sale agreements

Develop contacts and keep abreast of opportunities for potential projects

Evaluate the market and financial feasibility of proposed projects.

Prepare deliverables and presentations for internal Executive and Investment Committee approvals

Participate in the transaction phase of each project, including collaborating with the finance team to prepare proformas, evaluating due diligence materials and project feasibility, assisting with managing 3rd party consultants (civil, environmental, landscape, architect, MEP, etc.), engagement in the contractor selection and GMP negotiation, oversee 3rd party property management, lead the disposition efforts on each project

Assist in obtaining necessary entitlements/approvals, variances or any other community approval processes. Attend zoning and city council meetings to present each project as required

Track the project design through concept, schematic, design development, and construction document phases

Assist the SVP and CFO with capital market activities, engaging with prospective equity and debt partners and conducting local market tours as needed

Attend monthly OAC meetings during construction, reviewing all owner change orders and monthly draw requests

Support the Director of Leasing during the lease up phase of the project

Generate a specified volume of business within an established time frame, keeping management apprised of current and anticipated market conditions, maintaining a strong network, and maintaining ongoing client relationships after project start-up.

Regional and occasional outside region travel is required.

Maintain memberships and participate in organizations and events

Qualifications:

BS or MS in Real Estate, Business, Finance, Marketing, Civil Engineering, Architecture, or related field, or an additional 10 years of real estate development experience

Minimum of 8 years’ experience with increasing levels of responsibility and proven success in real estate development transaction structuring

Demonstrated ability to complete multifamily development transactions in a supporting or leading role

Large network among real estate professionals within the region

Excellent communication skills, both verbal and written

Gilbane offers an excellent total compensation package which includes competitive health and welfare benefits and a generous profit-sharing/401k plan. We invest in our employees’ education and have built Gilbane University into a top training organization in the construction industry. Qualified applicants who are offered a position must pass a pre-employment substance abuse test.

Note to Recruiters, Placement Agencies, and Similar Organizations: Gilbane does not accept unsolicited resumes from agencies. Please do not forward unsolicited agency resumes to our jobs alias, website, or to any Gilbane employee. Gilbane will not pay fees to any third party agency or firm and will not be responsible for any agency fees associated with unsolicited resumes. Unsolicited resumes received will be considered property of Gilbane and will be processed accordingly.