Development Director, LIV Ventures & New Day Car Wash

LIV Development LLC; Birmingham (AL); On-site; USD 85,000 - 110,000; Full time

Benefits offered by this job

Health, dental, and vision insurance

401k with company match

Generous PTO and company holidays

Job summary

LIV Development LLC seeks a Development Director in Birmingham, AL to lead sourcing and development for New Day Car Wash projects. The role involves market research, financial analysis, and managing project teams. Candidates should be proficient in Excel and have experience in real estate transactions.

This in-office position offers competitive compensation and professional growth opportunities along with benefits like health insurance, 401k match, and generous PTO.

Qualifications

• Proficient in Excel and financial modeling required.
• Ability to multi-task and manage competing priorities necessary.
• Experience managing a team of design professionals is essential.

Responsibilities

• Research and determine target markets for development opportunities.
• Leading efforts on LOI and contract negotiations.
• Managing project checklist and schedule for active projects.

Skills

Highly proficient in Excel and financial modeling

Ability to multi-task and manage competing priorities

Manage a team of design professionals

Strong relationship skills

Willingness to travel

Previous experience in real estate transactions

Job description

The Development Director for LIV Ventures is responsible for creating real estate and business development opportunities by direct involvement in sourcing, developing, and closing projects to match deal fundamental requirements and deal flow velocity objectives. This role is located in the Birmingham office and is primarily responsible for development of New Day Car Wash sites. The Development Director reports directly to the President of LIV Ventures.

Key Responsibilities

Sourcing of Development Opportunities

• Researching and determining target markets and specific submarkets to focus efforts
• Developing a network of relationships in target markets to support deal origination
• Identifying and pursuing off‑market opportunities in target submarkets
• Leading efforts on LOI and contract negotiations for new projects
• Conducting financial analysis for each viable project utilizing LIV Ventures’ underwriting model
• Researching and producing comp, sales comp and tax comp analysis for projects
• Researching and producing pipeline report for current and future projects in corresponding submarkets and markets
• Producing investment books and investment committee memos

Development of Selected Projects

• Leading rezoning efforts, with support of land use attorney
• Managing project checklist and schedule for active projects
• Hiring, directing, and managing a team of design professionals to produce construction drawings for each project
• Organizing internal review of design drawings and working with design team on revisions
• Working with Director of Pre‑Construction to provide plans for GC pricing

Administration of Project Closing

• Managing the closing process with equity and bank partners
• Coordinating Friends and Family partners and Investors
• Transitioning development to Manager of Business Operations

Skills/Qualifications

• Highly proficient in Excel and financial modeling
• Ability to multi‑task and manage competing priorities
• Manage a team of design professionals and hold them accountable to work product and deadlines
• Strong relationship skills and capable of developing a network of relationships for sourcing new development opportunities
• Willingness to travel
• Previous experience in real estate transactions and ability to identify new development opportunities and manage closing processes

Due to the highly collaborative nature of our work, this position is an in‑office position based in our Birmingham, AL headquarters. The role requires occasional travel.

Salary & Benefits

LIV Ventures offers highly competitive, performance‑rewarding compensation, work‑life balance, and endless professional growth opportunities. Some of our other benefits include:

• Health, dental, and vision insurance
• Health FSA, Dependent Care FSA
• 401k with company match
• Generous PTO and company holidays, including paid days for service
• Employer paid pre‑marital and marital counseling
• Employer paid JH Outback and Scott River Lodge excursions for parents and children or spouses