Senior Director, Real Estate Development

XCORP AvalonBay Communities Inc.; Edgemont, Fort Lauderdale (AL, FL); On-site; USD 133,000 - 221,000; Full time

Benefits offered by this job

Medical, dental, and vision coverage.

401(k) with company match.

Paid vacation and company holidays.

Exclusive team member housing discount

Job summary

Vivmark Residential seeks a Director of Development to lead multifamily and mixed-use projects from concept through stabilization. You will identify development opportunities, manage complex processes, and coordinate with cross-functional partners to drive investments and communities forward.

The role requires a Bachelor’s degree, 7+ years in real estate development, strong financial modeling, and exceptional communication. MBA in Real Estate is preferred; LEED is a plus.

Qualifications

• Bachelor’s degree required.
• MBA with a Real Estate concentration or Master’s degree in Real Estate Development preferred.
• Seven or more years of real estate development experience, including direct experience managing multifamily, mixed-use, or related development projects.
• Strong financial modeling and underwriting skills.
• Experience leading entitlement, design, consultant, and development execution processes.
• Exceptional communication, negotiation, and relationship management capabilities.
• Ability to lead complex projects while influencing stakeholders across multiple disciplines.
• LEED or similar industry certifications are a plus.

Responsibilities

• Lead multiple development projects through acquisition, planning, entitlements, design, construction, lease-up, and stabilization.
• Evaluate project feasibility through market analysis, financial underwriting, site due diligence, environmental reviews, and risk assessments.
• Lead project strategy and guide decision-making throughout the development lifecycle.
• Prepare investment recommendations and presentations for executive leadership and investment committees.
• Identify and evaluate potential development opportunities within target markets.
• Build relationships with landowners, brokers, municipalities, consultants, and industry stakeholders.
• Assess risks and opportunities associated with prospective deals and guide pursuit strategies.
• Lead entitlement efforts and coordinate with municipalities, planning agencies, attorneys, architects, engineers, and consultants.
• Navigate zoning, permitting, land use, and regulatory approval processes.
• Develop strategies to address project challenges and maintain project momentum.
• Lead cross-functional asset teams and collaborate closely with Construction, Operations, Investments, and Design partners.
• Manage consultant and vendor relationships to ensure project objectives, schedules, and budgets are achieved.
• Provide regular development updates and reporting to senior leadership.

Skills

Financial modeling

Underwriting

Project leadership

Negotiation

Communication

Stakeholder management

Strategic thinking

Education

Bachelor’s degree

MBA in Real Estate or Real Estate Development

Job description

Vivmark Residential seeks a Director of Development to lead multifamily and mixed-use projects from concept through stabilization. You will identify development opportunities, manage complex processes, and coordinate with cross-functional partners to drive investments and communities forward.

The role requires a Bachelor’s degree, 7+ years in real estate development, strong financial modeling, and exceptional communication. MBA in Real Estate is preferred; LEED is a plus.