Senior Director Development

AvalonBay Communities; Addison (TX); On-site; USD 163,000 - 272,000; Full time

Benefits offered by this job

Health insurance

401(k) with company match

Paid vacation and holidays

Exclusive team member housing discount

Job summary

Vivmark Residential is seeking a strategic, entrepreneurial Senior Director of Development to lead sourcing, entitlement, and execution of multifamily and mixed-use projects from pursuit through stabilization.

As a key representative in the marketplace, you will guide development opportunities, evaluate feasibility, and oversee planning, approvals, construction, and stabilization with senior leadership input and cross-functional teams.

Qualifications

• Bachelor's degree in a relevant field (required).
• MBA or related advanced degree preferred.
• 10+ years of progressively responsible real estate development experience.

Responsibilities

• Identify and pursue new development opportunities within target markets.
• Evaluate feasibility including financial analysis, entitlements, market dynamics, and environmental factors.
• Lead development projects through planning, entitlement, design, approvals, construction, and stabilization.
• Prepare and present investment recommendations to senior leadership and approval committees.
• Build relationships with municipalities, officials, consultants, landowners, and stakeholders.
• Lead cross-functional teams across Development, Construction, Design, Asset Management and Operations.
• Negotiate with landowners, consultants and partners to advance objectives.
• Manage budgets, schedules, consultants, and development risks.
• Represent Vivmark Residential at public meetings and industry events.

Skills

Leadership

Financial modeling

Real estate dev

Entitlements

Negotiation

Stakeholder mgmt

Education

Bachelor's degree

MBA or related advanced degree

Job description

Overview

Vivmark Residential exists to set the mark for what home can be. Formed through the merger of AvalonBay Communities and Equity Residential, Vivmark brings together two industry leaders with a shared commitment to excellence, innovation, and delivering exceptional living experiences. Our vision is to be the most trusted and best-performing rental housing company in America - one that continues to get better as it grows. And we're looking for people who want to help us do it.

Position Type

Full time

Weekly Scheduled Hours

40

State

Texas

City

Addison

Zip Code

75001

Total Base Pay Range

$163,100.00 - $271,800.00

Overview

Vivmark Residential exists to set the mark for what home can be. Formed through the merger of AvalonBay Communities and Equity Residential, Vivmark brings together two industry leaders with a shared commitment to excellence, innovation, and delivering exceptional living experiences. Our vision is to be the most trusted and best-performing rental housing company in America - one that continues to get better as it grows. And we're looking for people who want to help us do it.

The Role

At Vivmark Residential, we create communities that enhance lives and shape the future of multifamily housing. We're seeking a strategic, entrepreneurial Senior Director of Development to lead the sourcing, planning, entitlement, and execution of multifamily and mixed-use development projects from initial pursuit through stabilization.

What You’ll Do

As a Senior Director, Development, you'll lead a portfolio of development opportunities while serving as a key representative of Vivmark Residential in the marketplace.

Key Responsibilities Include

• Identifying and pursuing new development opportunities within target markets
• Evaluating project feasibility, including financial analysis, entitlement considerations, market dynamics, environmental factors, and overall investment viability
• Leading development projects through planning, entitlement, design, approvals, construction, and stabilization
• Preparing and presenting investment recommendations to senior leadership and approval committees
• Building productive relationships with municipalities, elected officials, consultants, landowners, community stakeholders, and industry partners
• Leading cross-functional teams consisting of Development, Construction, Design, Asset Management, Operations, and other internal partners
• Negotiating with landowners, consultants, and external partners to advance project objectives
• Managing project budgets, schedules, consultants, and development risks
• Representing Vivmark Residential at public meetings, community forums, and industry events.

What We’re Looking For

Successful candidates will bring a combination of development expertise, business acumen, and leadership capability.

Preferred Qualifications Include

• Bachelor's degree required
• MBA, Master's in Real Estate Development, or a related advanced degree preferred
• 10+ years of progressively responsible real estate development experience
• Proven experience managing multifamily, mixed-use, or large-scale commercial development projects
• Strong financial modeling and investment analysis skills
• Demonstrated success navigating entitlement processes and public approvals
• Exceptional relationship-building, negotiation, and communication skills
• Ability to work effectively with senior leaders, external stakeholders, and cross-functional teams
• Experience independently sourcing, structuring, and executing complex real estate transactions is strongly preferred.

How Vivmark Supports You

We know that our teams are the beating heart of our success and we’re committed to showing our appreciation.

We Offer

• A competitive benefits package that supports your health, financial well-being, and work-life balance, including medical, dental, and vision coverage, a 401(k) with company match, paid vacation and company holidays, and exclusive team member housing discounts.

Additional Info

AvalonBay is proud to be an equal opportunity employer and is committed to an inclusive and diverse work environment free of discrimination and harassment. We believe that in order to achieve our purpose of creating a better way to live, we must recruit, develop and retain associates with a wide range of backgrounds, experiences and perspectives and create an environment that encourages all voices to be heard, understood and appreciated. With this we know we can do great things.

AvalonBay makes employment decisions without regard to a person’s race, ethnicity, color, religion, sex, national origin, sexual orientation, gender identity, pregnancy (including childbirth, lactation or related medical conditions), age, physical or mental disability, genetic information (including characteristics or testing), citizenship status, military or veteran status, or any other status protected by the law.

AvalonBay will consider for employment qualified applicants with criminal histories in a manner consistent with requirements under the law.

Applications are being accepted on an ongoing basis.

AvalonBay does not require or request that you provide any information that identifies your age, date of birth, or dates of school attendance or graduation. Please redact this information prior to the submission of your application and/or leave these fields incomplete on your application.

For California residents, if you elect to apply to AvalonBay you accept the AvalonBay California Personnel Privacy Notice https://www.avaloncommunities.com/california-personnel-privacy-notice/.