Development Manager- RDU Corporate Office

Northwood Ravin, LLC.; Durham (NC); On-site; USD 120,000 - 180,000; Full time

Job summary

Northwood Ravin, LLC. seeks a Development Manager to lead multifamily development projects from feasibility through stabilization.

You will own business plans, budgets and schedules, evaluate costs and financing, and drive entitlement, design and preconstruction efforts while coordinating architects, engineers, contractors and consultants. You will partner with senior leadership across Construction, Finance, Asset Management, Property Management, Marketing and Operations to ensure alignment with

Qualifications

• 5+ years of progressive experience in real estate development across multiple lifecycle stages.
• Bachelor's degree in Real Estate, Finance, Business, Construction Management, Architecture, Engineering, or related field; MBA preferred.
• Strong financial acumen with experience in underwriting, budgeting, cash flow forecasting and project feasibility.
• Experience managing architects, engineers, contractors, attorneys, consultants and other external partners.

Responsibilities

• Lead multifamily development projects from due diligence through design, construction, lease up and stabilization.
• Own project business plans, budgets, schedules, financial performance and key milestones.
• Lead underwriting, evaluate costs, financing, returns and overall feasibility.
• Direct architects, engineers, attorneys and consultants while ensuring scope, schedule, budget and quality.
• Drive entitlement, permitting, design and preconstruction strategies.
• Oversee construction performance, cost management, schedules, change orders and risk mitigation.
• Present financial performance and development strategy to senior leadership and investment stakeholders.
• Partner across Construction, Finance, Asset Management, Property Management, Marketing and Operations.

Skills

Real estate development

Financial modeling

Budgeting

Project leadership

Stakeholder management

Executive communication

Education

Bachelor's degree in Real Estate, Finance, Business, Construction Management, Architecture, Engineering, or related field

MBA or Master of Real Estate Development preferred

Tools

Excel

Job description

Lead the Work That Shapes What Comes NextAt Northwood Ravin, we develop distinctive multifamily communities with a focus on design, quality, long term value, and the resident experience. Delivering those communities requires more than managing a schedule. It requires strong judgment, financial discipline, decisive leadership, and the ability to move complex projects forward from opportunity through execution.We’re looking for a Development Manager to lead multifamily development projects across the full development lifecycle. This role will take direct ownership of project strategy, financial performance, design, entitlements, consultant management, construction execution, and delivery while serving as a key connection point between senior leadership and the teams responsible for bringing each development to life.The OpportunityAs Development Manager, you’ll have meaningful ownership of projects from initial feasibility and acquisition through design, capitalization, construction, lease up, and stabilization.You’ll be responsible for driving the development process, maintaining control of project economics, managing critical decisions, and ensuring internal teams and external partners remain aligned with the project’s business plan.You’ll work closely with senior Development leadership while directing architects, engineers, attorneys, contractors, consultants, and other project partners. Internally, you’ll partner across Construction, Finance, Asset Management, Property Management, Marketing, and Operations to ensure decisions made throughout development support both immediate project objectives and long term asset performance.Key areas of focus include:• Lead multifamily development projects from due diligence and entitlement through design, construction, lease up, and stabilization.• Own project business plans, budgets, schedules, financial performance, and key development milestones.• Lead project underwriting and evaluate development costs, operating assumptions, financing, projected returns, and overall feasibility.• Direct architects, engineers, contractors, attorneys, and consultants while driving accountability for scope, schedule, budget, and quality.• Lead entitlement, permitting, design, and preconstruction strategies while resolving issues that could impact project execution.• Oversee construction performance, including cost management, schedules, change orders, draws, risk mitigation, and project delivery.• Drive key project decisions and present financial performance, risks, recommendations, and development strategy to senior leadership and investment stakeholders.• Partner with Construction, Finance, Asset Management, Property Management, Marketing, and Operations to position projects for successful turnover, lease up, and long term performanceThis is a leadership role for someone who can operate at both the strategic and execution level. You’ll need to understand what drives project returns while also being willing to work through the details necessary to protect them.You should be comfortable making recommendations with incomplete information, challenging assumptions, negotiating competing priorities, and bringing the right stakeholders together when a project requires a decision. When conditions change, you’re expected to understand the implications, develop a path forward, and drive the team toward resolution.What You Bring to the TeamYou have 5+ years of progressive experience in real estate development, with direct experience managing complex development projects through multiple stages of the development lifecycle. Multifamily development experience is strongly preferred.You have a bachelor’s degree in Real Estate, Finance, Business, Construction Management, Architecture, Engineering, or a related discipline. An MBA, Master of Real Estate Development, or other relevant graduate degree is preferred.You have strong financial acumen and significant experience with development underwriting, financial modeling, development budgets, cash flow forecasting, investment returns, and project feasibility. You understand how development decisions affect both project economics and long term asset performance.You have direct experience managing architects, engineers, contractors, attorneys, consultants, and other external partners. You understand entitlements, permitting, design development, preconstruction, construction, contracts, change management, project closeout, and the interconnected risks associated with each phase.You’re highly proficient in Excel and comfortable reviewing and challenging detailed financial models, budgets, schedules, contracts, construction documents, and project reporting.You’re also comfortable communicating with senior executives, investment partners, lenders, municipalities, contractors, and internal business leaders. You can distill complex project information into clear recommendations and understand when an issue requires escalation.More importantly, you operate with ownership. You don’t simply track whether something is happening. You understand why it matters, what happens if it doesn’t, who needs to be involved, and what needs to happen next.Why Northwood RavinWe believe exceptional communities are built by exceptional people and we are intentional about supporting both.Our team is supported through competitive compensation, personal development, housing opportunities within our communities, and an elevated benefits experience designed to promote well being, financial stability, and life beyond work.We offer retirement planning with company match, generous paid time off, and dedicated time to give back through volunteer initiatives.Our commitment to you evolves over time, through expanded time off, enhanced retirement contributions, reduced benefit costs, and meaningful recognition at key milestones.Our CultureWe’re collaborative, accountable, and committed to excellence in everything we do. There’s a shared pride in our work and a shared understanding that the details matter.If you’re looking to be part of a team that operates with intention and high standards, we’d love to connect.Northwood Ravin is an equal opportunity employer.