Development Manager - Student Housing

Overview

Great opportunity within a fast-growing business platform at a well-established development company! Gilbane Development Company is seeking an experienced professional to expand our national student housing platform. The ideal candidate will possess a thorough understanding of student housing development, including overall deal structuring, land planning, entitlement process, finance, design and construction.

Responsibilities

Assist with execution of current development pipeline with properties in various stages

Oversee Analysts & Associates project feasibility studies (Market research, underwriting, investment thesis) and financial closing.

Lead stakeholders through Design, Construction Cost exercises, and Value Engineering

Project Management Lead through due diligence, entitlement & permitting, scheduling, and managing the critical path

Consult with Legal & Finance partners for completing the LOI/PSA, Operating Agreements, Consultant Contracts, and Construction Contracts

Sourcing new development opportunities within student housing

Day-to-day liaison with design/construction team, clients, and stakeholders.

Communication should convey urgency balanced with positive motivation and teamwork

Maintain scope and cost while meeting schedule and quality goals

Oversee cost management reporting

Provide regular updates on project status to senior management and JV partners

Uphold and represent Gilbane’s core values and reputation

Qualifications

Education/Experience

Bachelor’s Degree. Master’s degree preferred, in real estate development related field (i.e., engineering, architecture, construction, real estate, finance, law, economics)

8+ years' experience in real estate development with at least 3+ years in student housing development

Proficient in underwriting student housing development opportunitiesEstablished record of success as a project leader, having completed at least six substantial development projects ranging from $50-$100mm+ million in value, including significant experience with student housing

Demonstrated experience at the management level—proven managerial skills, ability to mentor and develop staff and foster teamwork and collaborative problem solving

Collaborative and respectful approach to working style with stakeholders, colleagues, consultants and third-party trade partners

Self-starter with the ability to manage three to four overlapping projects efficiently in a fast-paced environment

Excellent business development skills and experience in marketing, generating business and maintaining credibility in the community

Attention to detail and ability to execute at a high level

High degree of organizational skills and problem-solving ability

Ability to prioritize/execute to achieve desired company and project goals with prudence and sense of urgency

Excellent communication skills, both verbal and written

Strong relevant computer skills

Maintain memberships and participate in organizations and events

Salary to be determined by the education, experience, knowledge, skills, and abilities of the applicant, internal equity, and alignment with market data.

For Providence, RI this ranges from $120,000.00 - $160,000.00 plus benefits and retirement program.For Philadelphia, PA this ranges from $125,000.00 - $170,000.00 plus benefits and retirement program.

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.

Gilbane is an Affirmative Action/Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to age, color, national origin, race, religion, sex, sexual orientation, gender identity, protected veteran status, or disability status.

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.