Vice President of Development, Townhomes

Vice President of Development, Townhomes July 05, 2024 Vice President of Development, Townhomes | Dallas, Texas Leon Multifamily handles every aspect of real estate development in-house, including Design, Acquisitions, Development, Construction Management, and Asset Management.

We have crafted over 15,000 units across multiple markets.

Our success stems from our comprehensive approach, understanding of the multi-family market, and ability to identify unique opportunities at each property, ensuring strategic resource allocation for above-market returns.

For more about our journey and achievements, please visit our website.

Position Description

The candidate will oversee all for-sale townhome development activities from opportunity identification to sale.

Requirements include a minimum of 5 years in townhome development, with proven experience in site acquisition, entitlements, coordinating third parties, managing predevelopment, due diligence, market research, construction, and timelines.

This role reports directly to the Executive Managing Director.

Key Responsibilities

Site Identification

Build relationships with brokers, conduct site and unit studies, negotiate offers based on site potential.

Underwriting

Use the company model, collaborate with analysts, and coordinate with stakeholders to validate assumptions.

Entitlements

Understand zoning, permit processes, and additional entitlement needs.

Legal

Negotiate project agreements ensuring compliance with company protocols.

Due Diligence

Coordinate Phase I & II analyses, geotech, market surveys, and utility assessments.

Investment Committee

Prepare and present project memos, provide updates.

Design Coordination

Assemble design team, establish schedules and milestones.

Preconstruction

Select GC, negotiate agreements, and evaluate design efficiencies.

Capital

Collaborate on lender selection, negotiate terms, and prepare documentation.

Construction

Monitor progress, manage RFIs, change orders, and budgets.

Exit

Coordinate sales strategies, select brokers, negotiate sale agreements, and oversee transaction closing.

Additional Requirements

Strong organizational, analytical, and problem-solving skills to manage multiple projects.

Resumes should be sent to . #J-18808-Ljbffr