Senior Director Development

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

Job summary

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

You will manage a portfolio, lead cross-functional teams, build relationships with municipalities and stakeholders, and present investment recommendations to senior leadership.

The role requires 10+ years in real estate development, a Bachelor's degree, and preferably an MBA or related advanced degree.

Qualifications

• Bachelor's degree required.
• MBA or related advanced degree preferred.
• 10+ years of real estate development experience.
• Experience with multifamily, mixed-use, or large-scale commercial development.
• Strong financial modeling and investment analysis skills.

Responsibilities

• Identify and pursue new development opportunities within target markets.
• Evaluate project feasibility, entitlements, and investment viability.
• Lead planning, entitlement, design, approvals, construction, and stabilization.
• 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 and external partners to advance projects.
• Manage budgets, schedules, consultants, and development risks.
• Represent Vivmark Residential at public meetings and industry events.

Skills

Financial modeling

Investment analysis

Leadership

Negotiation

Stakeholder management

Education

Bachelor's degree

MBA or Real Estate MS

Job description

Senior Director DevelopmentPosition Type:Full timeWeekly Scheduled Hours:40State:TexasCity:AddisonZip Code:75001Total Base Pay Range:$163,100.00 - $271,800.00Overview: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.As an owner, developer, and manager of more than 180,000 apartment homes in major markets across the US, we have the scale to offer something most companies can't. At Vivmark, team members move up and across functions, markets, and disciplines, building lasting careers. We invest in team members growth, development, and capabilities that make them and us better, and we hold ourselves to the highest standard as an employer.The best people want to work here. We hope you're one of them.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.This is an opportunity for an experienced real estate development professional who thrives in complex environments, enjoys building relationships both inside and outside the organization, and has a track record of successfully bringing projects from concept to completion.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 marketsEvaluating project feasibility, including financial analysis, entitlement considerations, market dynamics, environmental factors, and overall investment viabilityLeading development projects through planning, entitlement, design, approvals, construction, and stabilizationPreparing and presenting investment recommendations to senior leadership and approval committeesBuilding productive relationships with municipalities, elected officials, consultants, landowners, community stakeholders, and industry partnersLeading cross-functional teams consisting of Development, Construction, Design, Asset Management, Operations, and other internal partnersNegotiating with landowners, consultants, and external partners to advance project objectivesManaging project budgets, schedules, consultants, and development risksRepresenting 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 requiredMBA, Master's in Real Estate Development, or a related advanced degree preferred10+ years of progressively responsible real estate development experienceProven experience managing multifamily, mixed-use, or large-scale commercial development projectsStrong financial modeling and investment analysis skillsDemonstrated success navigating entitlement processes and public approvalsExceptional relationship-building, negotiation, and communication skillsAbility to work effectively with senior leaders, external stakeholders, and cross-functional teamsExperience 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/)No Fees Notice & Recruitment Fraud Disclaimer:AvalonBay Communities, Inc. ( AvalonBay ) is aware that there is recruitment fraud activity whereby scammers impersonate AvalonBay and offer fake employment opportunities to candidates. These scammers often seek to obtain personal information or money from candidates.Please note that AvalonBay will never charge any candidate a registration fee, hiring fee, or any other fee in connection with its recruitment and hiring process.If you suspect that you are being contacted by a scammer impersonating our company, please report it immediately to our official HR Department ([e-mail]).