Director, Development - Student Housing

Gilbane Development Company; Austin (TX); On-site; USD 137,840 - 201,600; Full time

Benefits offered by this job

Profit-sharing/401k

Gilbane University education tracking

Competitive health benefits

Annual bonus potential

Job summary

Ideal candidates bring a deep background in real estate development, leadership, and the ability to manage multiple projects across locations while fostering cross-functional collaboration to deliver results.

Qualifications

• Bachelor's degree in Real Estate, Architecture, Construction Management, or related field; MBA preferred.
• 10+ years of real estate development experience, with a track record in ground-up student housing or multifamily projects.
• Experience sourcing and delivering multiple large development projects ($50–$150M) including student housing.

Responsibilities

• Leads the identification, acquisition, and due diligence for new student housing developments.
• Underwrites new opportunities leveraging network and outreach.
• Oversees the entire development cycle from entitlement to completion.
• Performs market research and financial modeling to evaluate feasibility and ROI.
• Manages detailed budgets, schedules, and risk mitigation.
• Collaborates with internal teams, consultants, and contractors to drive success.
• Mentors and develops development team members.

Skills

Real estate development

Financial modeling

Leadership

Project management

MS Project

Excel

Strategic thinking

Education

Bachelor's in Real Estate/Arch/Construction

MBA or related master's (preferred)

Tools

MS Project

Excel

PM platforms

Job description

Director, Development - Student Housing

Job Locations

• US-RI-Providence
• US-PA-Philadelphia
• US-MA-Boston
• US-TX-Austin
• US-TX-Dallas
• US-IL-Chicago
• US-VA-Arlington

Overview

Gilbane Development Company is seeking a strategic and entrepreneurial Director, Development to lead ground-up student housing projects from concept through completion. This role is pivotal in expanding our development pipeline and shaping vibrant, high-performing communities tailored to student needs. The ideal candidate thrives in a collaborative, fast-paced environment and brings deep experience in real estate development, strong financial acumen, and a passion for mentoring and team-building.

Responsibilities

• Leads the identification, acquisition, and due diligence process for new student housing developments, ensuring all stages are managed efficiently and strategically
• Sources, identifies, and underwrites new development opportunities by leveraging an established brokerage network and maintaining proactive outreach efforts
• Stays informed on targeted student housing markets in order to recognize potential opportunities and position new projects advantageously
• Oversees the entire development cycle, including entitlement, design, permitting, construction, and final delivery of project
• Conducts comprehensive market research and financial modeling to evaluate project feasibility, supporting optimal returns on investments
• Develops and manages detailed project budgets, schedules, and risk mitigation strategies to ensure successful project execution
• Collaborates cross-functionally with internal teams, consultants, and contractors to drive project success and foster strong working relationships
• Promotes a culture of mentorship, innovation, and accountability within the development team, supporting professional growth and high performance
• Monitors industry trends and proactively adjusts strategies to maintain a competitive advantage in the student housing sector
• Provides clear and consistent updates to senior leadership regarding pipeline progress, financial performance, and key project milestones.

Qualifications

• Bachelor's degree in Real Estate, Architecture, Construction Management, or related field; an MBA or Master's in a related discipline is preferred.
• 10+ years of experience in real estate development, with a strong record of success in ground-up student housing or multifamily projects.
• Candidates should have sourced and completed a minimum of six substantial development projects valued between $50 and $150 million, with significant involvement in student housing.
• Demonstrated ability to manage multiple development projects simultaneously, at various phases and across diverse geographic locations.
• Experience with mixed-use, retail, and multifamily projects is also desirable.
• Strong leadership and interpersonal skills, complemented by a collaborative and entrepreneurial approach.
• Proven capacity to prioritize and execute tasks efficiently, achieving company and project objectives with prudence and a sense of urgency.
• Advanced skills in financial modeling and analytics are essential for success in this role.
• Proficiency with development tools such as MS Project, Excel, and project management platforms is required.

Salary to be determined based on factors such as geographic location, skills, education, and/or experience of the applicant, as well as the internal equity and alignment with the team.

The pay ranges from $137,840 - $201,600 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.