Director/Associate Director, Development - Boston, United States - Shine Associates

Shine Associates Boston, United States

1 week ago

Description

DIRECTOR/ASSOCIATE DIRECTOR, DEVELOPMENT
POSITION SPECIFICATION
Shine Associates, LLC has been retained to search, identify and recruit a Director/Associate Director, Development on behalf of our client ('Company'). This person will report directly to the Senior Director, Development. This candidate will be located in the Boston, MA office.
CONFIDENTIALITY
Shine Associates, LLC has been exclusively retained on this assignment. Information contained in this position specification as well as any other information concerning the Company provided or verbally discussed is confidential. All materials and discussions are to be utilized for the sole purpose of a candidate's personal review of the career opportunity.
CLIENT DESCRIPTION
Our client is a leading, fully integrated real estate company offering expertise in investment management, development, and management of rental housing and commercial properties globally. Headquartered in Charleston, South Carolina, the firm manages and operates over an estimated $220 billion of real estate in nearly 200 markets globally including offices throughout the United States, Europe, South America, and the Asia-Pacific region. The Company is the largest operator of apartments in the United States, managing approximately 740,000 units/beds, and has a robust institutional investment management platform with approximately $41.8 billion of assets under management, including over $19 billion of assets under development. The Firm was founded by Bob Faith in 1993 with the intent to become a provider of world-class service in the rental residential real estate business.

In addition to its rental housing expertise, our client is now actively developing industrial properties throughout the US. In May of 2021, the Company completed the acquisition of Thackeray Partners, a leading private real estate investment firm with expertise in rental housing and industrial asset management. As a global leader in rental housing, the Company has a well-established track record of acquiring and integrating strategic portfolios and real estate companies. With the acquisition of Thackeray, the firm will leverage its vertically integrated platform and extensive local market knowledge to enhance its core business and capitalize on growth opportunities in the industrial space. This combined team is uniquely familiar with the complexities of identifying, entitling, developing, and constructing premier assets in the most desirable markets. With a new focus on industrial, the Company is bringing its wide range of experience and applying the fundamentals that have been carefully refined over many years.

DIRECTOR/ASSOCIATE DIRECTOR, DEVELOPMENT
Supports the Development team with all aspects of real estate development including financial analyses, acquisition, design, entitlement, government approvals and construction. The Director/Associate Director, Development will be responsible for interfacing with third-party consultants, brokers, equity partners and institutional partners.

KEY RESPONSIBILITIES

Perform financial analysis and due diligence for new development opportunities, prepare project underwriting and cash flow analysis, and respond to Requests for Qualifications or Proposals.
Maintain keen understanding of economic activity in target markets by tracking market fundamentals and actively participating in industry organizations.
Prepare business plans, including deal memorandums, financial forecasts and strategic plans.
Review and maintain compliance with legal transactional and permitting documents.
Independently represent project ownership on day-to-day activities including OAC meetings, jobsite visits, resolving change orders and other issues, and preparing required project reports.
Manage team of consultants and contractors with limited oversight, and maintain responsibility for project budget, schedule, and overall performance.
Leverage past project experience to track all ongoing project activities and anticipate upcoming project phases, and present regular detailed project update reports to manager.
Review vendor proposals, negotiate agreements, maintain vendor relationships, and manage all payments made on behalf of project.

PROFESSIONAL QUALIFICATIONS

Is pro-active in developing and managing a network of contacts internally and within the industry; keeps up to date with developments in their region and function.
Works effectively across the business and within the team and ensures the appropriate stakeholders are consulted on decisions for which they are accountable.
Follows established policies and procedures by monitoring and ensuring compliance with regulatory requirements, organizational standards, and operational processes related to area(s) of responsibility and reporting violations or infractions to appropriate individual(s).
Identifies areas for improvement, offers suggestions to improve the overall efficiency and productivity of the development discipline, and introduces procedures and activities that control costs, improve quality, and drive efficiencies in the development process.
Keeps abreast of current changes in technology, processes, and standards within the industry and area(s) of responsibility by attending internal and external training classes, research and/or subscribing to the internet or other professional publications, or utilizing other appropriate method(s) to obtain business and professional information, and applies knowledge and practices to area(s) of responsibility.

KNOWLEDGE, SKILLS, AND ABILITIES

A demonstrated ability to read, write, and communicate effectively to develop, comprehend, and complete legal, financial, and other business documents and to provide updates and reports to owners, capital partners, and key stakeholders.
Advanced understanding of the development process and relationships between owner/consultant/contractor proven through successful project management experience.
Expert-level proficiency in word processing, spreadsheet (Excel), and database management programs in order to complete, design, and develop required reports and documents.
Demonstrated necessary mathematical skills and proven track record in creating and analyzing complex pro forma's and underwriting tools.
Excellent interpersonal and relationship-management skills in order to establish, cultivate, and maintain productive relationships with brokers, institutional and equity partners, owners, lenders, and the variety of potential clients with whom the Company does business.
Strong organizational, time-management, and project management skills with the ability to manage multiple deadlines. Must possess a keen attention to detail.
A Bachelor's Degree is required and a Master's Degree in a related field is strongly preferred (i.e., real estate development, business, finance, economics, urban planning, construction management, and/or architecture). The ideal candidate will have at least six years real estate experience, preferably multifamily and/or life science.
Working Conditions:
- Incumbents primarily work in an office environment, but may be required to make property and development site visits and inspections as part of the due diligence, pre-development, and construction process.
Physical Demands:
- Incumbents must be able to view computer screens, mobile devices, and other electronic equipment for extended periods of time where visual strain may result.
- Incumbents must be able to push, pull, lift, carry, or maneuver weights of up to ten (10) pounds independently and twenty-five (25) pounds with assistance.
- Regular travel within and outside of the assigned geographic area may be required to attend business meetings, training classes, conferences or other situations.

COMPENSATION

The Company is prepared to offer a competitive compensation package including salary, bonus and other benefits.
CONTACT INFORMATION

Shine Associates, LLC
45 School St., Suite 301
Boston, MA 02108

Hillary H. Shine, Principal
Cell:

Tim Shine, Principal
Cell:

Kelsey Shine, Director
Cell:

Chandlee Gustafson, Associate
Cell:

Director of Development

3 weeks ago

Hub Technology Group Boston, United States

DIRECTOR OF DEVELOPMENT AND FUND RAISING · Full Time - Boston Based - Local W2 Candidates · POSITION SUMMARY: · This new role will report to the Vice President of the foundation. The director will lead the development team who are tasked with achieving multi-million-dollar fundr ...
Director of Development

2 weeks ago

Asian Task Force Against Domestic Violence (ATASK) Boston, United States

Organizational Overview: · ATASK is the only multilingual and multicultural domestic violence organization in Massachusetts dedicated to serving the Asian and Pacific Islander community. Our culturally specific services, offered in over 20 Asian languages, include a 24-hour hot ...
Director of Development

3 weeks ago

Hub Technology Group Boston, United States

DIRECTOR OF DEVELOPMENT AND FUND RAISING · Full Time – Boston Based – Local W2 Candidates · POSITION SUMMARY: · This new role will report to the Vice President of the foundation. The director will lead the development team who are tasked with achieving multi-million-dollar fund ...
Development Director

4 weeks ago

CHINESE CONSOLIDATED BENEVOLENT ASN Boston, United States

CCBA Development Director · | Job Title: Development Director | Weekly Hrs: 40 | Reports to: CCBA Board of Directors | Date: 4/3/2024 · The Chinese Consolidated Benevolent Association of New England, Inc. (CCBA of New England) seeks a new Development Manager. · Our Organizatio ...
Director of Development

3 weeks ago

Big City Mountaineers Boston, United States

At Big City Mountaineers, we work alongside the transformative powers of nature to foster a lasting impact in the lives of youth from disinvested communities. BCM creates opportunities for 12 to 18 year-olds to connect with nature and realize their own sources of strength, resili ...
Development Director

3 weeks ago

CHINESE CONSOLIDATED BENEVOLENT ASN Boston, United States

CCBA Development Director · | Job Title: Development Director | Weekly Hrs: 40 | Reports to: CCBA Board of Directors | Date: 4/3/2024 · The Chinese Consolidated Benevolent Association of New England, Inc. (CCBA of New England) seeks a new Development Manager. · Our Organizatio ...
Director of Development

4 weeks ago

Asian Task Force Against Domestic Violence (ATASK) Boston, United States

Organizational Overview: · ATASK is the only multilingual and multicultural domestic violence organization in Massachusetts dedicated to serving the Asian and Pacific Islander community. Our culturally specific services, offered in over 20 Asian languages, include a 24-hour hot ...
Director of Development

3 weeks ago

Vilna Shul Boston, United States

Job Description · Job Description · Introduction: · The Vilna Shul, Boston's Center for Jewish Culture, Inc. ("the Vilna"), is the historic and present home for Jewish life in downtown Boston, a vital and bustling center for arts and culture, as well as the only remaining immig ...
Director of Development

3 weeks ago

Asian Task Force Against Domestic Violence (ATASK) Boston, United States

Organizational Overview:ATASK is the only multilingual and multicultural domestic violence organization in Massachusetts dedicated to serving the Asian and Pacific Islander community. Our culturally specific services, offered in over 20 Asian languages, include a 24-hour hotline, ...
Director of Development

3 weeks ago

Toyota of Redlands Boston, United States

With a mission of organizing and sustaining a powerful consumer voice to ensure that all individuals and communities can influence the local, state and national decisions that affect their health, Community Catalyst has been transforming the health care landscape for more than tw ...
Director of Development

4 weeks ago

Hearth Boston, United States

Our Mission: · Hearth is a non-profit organization dedicated to the elimination of homelessness among the elderly. This mission is accomplished through a unique blend of prevention, placement, and housing programs all designed to help elders find and succeed in homes of their o ...
Director of Development

3 weeks ago

Boundless Israel Boston, United States

Director of Development| Boundless Israel | Remote, Northeast · About Boundless Israel · Boundless Israel is a young, think-action tank organization with an extraordinary vision: a Jewish future that is courageous, deeply knowledgeable, and connected to Israel, with no room for h ...
Director of Development

2 weeks ago

EPIP Boston, United States

The Lenny Zakim Fund (LZF) is an innovative, values-based Boston non-profit organization that funds and supports grassroots organizations and people who are changemakers in their communities. LZF was born 25 years ago, out of the example of Lenny Zakim, a civil rights leader who ...
Director of Development

3 weeks ago

Boundless Israel Boston, United States

Director of Development| Boundless Israel | Remote, Northeast · About Boundless Israel · Boundless Israel is a young, think-action tank organization with an extraordinary vision: a Jewish future that is courageous, deeply knowledgeable, and connected to Israel, with no room for ...
Development Director

6 days ago

Hearth Boston, United States

Our Mission: · Hearth is a non-profit organization dedicated to the elimination of homelessness among the elderly. This mission is accomplished through a unique blend of prevention, placement, and housing programs all designed to help elders find and succeed in homes of their ow ...
Development Director

1 week ago

Hearth Boston, United States

Our Mission: · Hearth is a non-profit organization dedicated to the elimination of homelessness among the elderly. This mission is accomplished through a unique blend of prevention, placement, and housing programs all designed to help elders find and succeed in homes of their o ...
Director of Development

3 weeks ago

Hearth Boston, United States

Our Mission: · Hearth is a non-profit organization dedicated to the elimination of homelessness among the elderly. This mission is accomplished through a unique blend of prevention, placement, and housing programs all designed to help elders find and succeed in homes of their own ...
Director of Development

2 weeks ago

Piper Maddox Boston, United States

We are seeking an experienced and dynamic Director of Development to lead our utility-scale battery storage projects. This role requires a seasoned professional with a strong background in renewable energy, extensive experience with NYISO and ISO-NE markets, and a robust client b ...
Development Director

1 week ago

Hearth Boston, United States

Our Mission: · Hearth is a non-profit organization dedicated to the elimination of homelessness among the elderly. This mission is accomplished through a unique blend of prevention, placement, and housing programs all designed to help elders find and succeed in homes of their o ...
Development Director

1 week ago

Next City Boston, United States

Our Mission: · Hearth is a non-profit organization dedicated to the elimination of homelessness among the elderly. This mission is accomplished through a unique blend of prevention, placement, and housing programs all designed to help elders find and succeed in homes of their own ...