Senior Director Development

XCORP AvalonBay Communities Inc.; Fort Worth, Town of Texas (TX, WI); On-site; USD 163,000 - 272,000; Full time

Benefits offered by this job

Medical, dental, vision

401(k) with company match

Paid vacation & holidays

Employee housing discounts

Job summary

AvalonBay Communities, in partnership with Vivmark Residential, seeks a Senior Director of Development to lead sourcing, planning, entitlement, and execution of multifamily and mixed-use developments. The role focuses on pursuing opportunities, evaluating feasibility, and guiding projects from concept to stabilization.

The ideal candidate has 10+ years in real estate development, strong financial modeling, and a proven track record in complex transactions, entitlements, and cross-functional

Qualifications

• 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.

Responsibilities

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

Skills

Financial modeling

Investment analysis

Negotiation

Communication

Stakeholder management

Real estate transactions

Education

Bachelor's degree

MBA or related advanced degree

Job description

Senior Director Development 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. 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.

• 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.

• 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.

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.