Vice President of Development - Twin Cities

Michael Page; Minneapolis (MN); On-site; USD 180,000 - 240,000; Full time

Benefits offered by this job

Competitive base salary

Performance-based bonus structure

Comprehensive benefits package

Career progression to regional/executv

Job summary

Michael Page is partnering with a fast-growing real estate platform to appoint a Vice President of Development for the Twin Cities. This leader will source, underwrite, and execute multifamily projects, manage relationships with landowners, brokers and officials, and guide entitlement and pre-construction work to drive regional growth.

The role demands a decade of multifamily experience in the Twin Cities, strong financial modelling, and a proactive, entrepreneurial mindset to lead complex deals

Qualifications

• 10+ years of multifamily development experience within the Twin Cities market.
• Demonstrated success sourcing, underwriting, and executing multifamily development projects.
• Strong understanding of local municipalities, entitlement processes, zoning requirements, and development stakeholders.
• Advanced financial modelling and underwriting skills with the ability to assess opportunities from both strategic and execution perspectives.
• Experience negotiating complex real estate transactions and development agreements.
• Proven ability to manage consultants, design teams, entitlement processes, and early-stage project execution.
• Entrepreneurial mindset with the ability to operate independently in a lean, high-accountability environment.
• Strong relationship-building and communication skills with the credibility to represent the organisation externally.
• Bachelor's degree in Real Estate, Finance, Construction Management, Urban Planning, or a related discipline preferred.

Responsibilities

• Lead sourcing efforts throughout the Minneapolis-St. Paul metropolitan area, building a robust pipeline of multifamily development opportunities.
• Develop and maintain relationships with landowners, brokers, municipalities, utility providers, and development consultants.
• Monitor market conditions, entitlement trends, zoning activity, and competitive developments to identify strategic opportunities.
• Underwrite development opportunities, conduct due diligence, and present investment recommendations to senior leadership.
• Negotiate land acquisitions and development agreements while coordinating with legal, engineering, and consulting partners.
• Oversee entitlement, design coordination, and pre-construction activities through key development milestones.
• Act as the senior market representative, enhancing the firm's local profile and supporting continued platform growth.

Skills

Multifamily Development

Real Estate Development

Land Acquisition

Entitlements & Zoning

Site Selection

Development Management

Financial Modelling

Real Estate Underwriting

Feasibility Analysis

Investment Analysis

Project Execution

Capital Markets

Deal Structuring

Market Analysis

Relationship Management

Negotiation

Construction & Pre-Development

Strategic Planning

Municipal Relations

Leadership & Team Building

Education

Bachelor's degree in Real Estate, Finance, Urban Planning, Construction Management, or related discipline

Job description

Join a growing real estate platform at an exciting stage of its evolution. With a strong track record of multifamily development and a commitment to expanding into high-growth markets, the organisation is seeking a Vice President of Development to spearhead its Twin Cities strategy. This is an opportunity to build a pipeline, shape a regional presence, and directly influence the next phase of company growth.

Our client is a well-capitalised real estate investment and development platform focused on delivering high-quality multifamily communities in strategic growth markets across the United States. Backed by experienced leadership and a strong track record of execution, the organisation combines an entrepreneurial culture with institutional discipline, offering the opportunity to make a meaningful impact while helping shape the future growth of a rapidly expanding platform.

Description

The Vice President of Development will report directly to the senior leadership team and serve as the market lead for the Twin Cities region. This role will focus on sourcing new opportunities, advancing development projects, and building key market relationships.

• Lead sourcing efforts throughout the Minneapolis-St. Paul metropolitan area, building a robust pipeline of multifamily development opportunities.
• Develop and maintain relationships with landowners, brokers, municipalities, utility providers, and development consultants.
• Monitor market conditions, entitlement trends, zoning activity, and competitive developments to identify strategic opportunities.
• Underwrite development opportunities, conduct due diligence, and present investment recommendations to senior leadership.
• Negotiate land acquisitions and development agreements while coordinating with legal, engineering, and consulting partners.
• Oversee entitlement, design coordination, and pre-construction activities through key development milestones.
• Act as the senior market representative, enhancing the firm's local profile and supporting continued platform growth.

Profile

For the Vice President of Development we are seeking:

• 10+ years of multifamily development experience within the Twin Cities market.
• Demonstrated success sourcing, underwriting, and executing multifamily development projects.
• Strong understanding of local municipalities, entitlement processes, zoning requirements, and development stakeholders.
• Advanced financial modelling and underwriting skills with the ability to assess opportunities from both strategic and execution perspectives.
• Experience negotiating complex real estate transactions and development agreements.
• Proven ability to manage consultants, design teams, entitlement processes, and early-stage project execution.
• Entrepreneurial mindset with the ability to operate independently in a lean, high-accountability environment.
• Strong relationship-building and communication skills with the credibility to represent the organisation externally.
• Bachelor's degree in Real Estate, Finance, Construction Management, Urban Planning, or a related discipline preferred.

Job Offer

• Competitive base salary commensurate with experience.
• Attractive performance and deal-sourcing bonus structure.
• Flexible senior title potential for highly experienced candidates.
• Comprehensive benefits package.
• Significant autonomy and decision-making authority.
• Opportunity to build and lead a key market for a growing development platform.
• Long-term career progression into broader regional or executive leadership responsibilities.

Desired Skills and Experience

Skills

• Multifamily Development
• Real Estate Development
• Land Acquisition
• Entitlements & Zoning
• Site Selection
• Development Management
• Financial Modelling
• Real Estate Underwriting
• Feasibility Analysis
• Investment Analysis
• Project Execution
• Capital Markets
• Deal Structuring
• Market Analysis
• Relationship Management
• Negotiation
• Construction & Pre-Development
• Strategic Planning
• Municipal Relations
• Leadership & Team Building

Experience We're Looking For

• 10+ years of multifamily real estate development experience with a strong network in the Twin Cities market.
• Proven track record of sourcing, underwriting, and executing ground-up multifamily developments.
• Experience identifying and securing land acquisition opportunities in competitive markets.
• Deep understanding of local zoning regulations, entitlement processes, and municipal approvals.
• Strong financial modelling and underwriting skills with the ability to evaluate project feasibility and investment returns.
• Demonstrated success negotiating purchase agreements, development agreements, and consultant contracts.
• Experience managing architects, engineers, legal counsel, and other development partners through pre-construction and entitlement phases.
• Ability to build strategic relationships with brokers, landowners, public officials, and industry stakeholders.
• Entrepreneurial mindset with the ability to operate independently while driving regional growth initiatives.
• Bachelor's degree in Real Estate, Finance, Urban Planning, Construction Management, or a related field preferred.

MPI does not discriminate on the basis of race, color, religion, sex, sexual orientation, gender identity or expression, national origin, age, disability, veteran status, marital status, or based on an individual's status in any group or class protected by applicable federal, state or local law. MPI encourages applications from minorities, women, the disabled, protected veterans and all other qualified applicants.