Source and underwrite development opportunities
Prepare pro-formas and financial projections for potential developments projects
Conduct field investigations which include: creating rent studies off the competitive properties, completing detailed analysis of the immediate neighborhood, high level evaluation of entitlements and in-depth summary of the land sales, and multifamily apartment sales in the immediate area
Manage zoning, entitlement, and permitting activities
Perform underwriting process, including analysis of market information, operational expense data, and estimated hard and soft costs
Establish project timeline and spending forecasts
Compilation of components for investment packages
Presentation of development opportunities
Coordinate with construction personnel as necessary to meet budget and timing targets
Work with third party consultants on construction plans entitlements and financing
Strategize with third party property management companies to maximize returns during lease-up
Support Development team in running the disposition process which includes, preparing properties for sale, creating financial evaluations, selecting brokers, negotiating purchase and sale agreements, and working with buyers from due diligence period through close
Establish and maintain communication and progress with local officials, brokers, consultants, etc.
Participate in decision making process regarding product, mix, parking, and design
Conducts all business in a professional and ethical manner to serve customers and increase the goodwill and profit of the company