Development Manager

Since 1998, Monument Realty’s successes have differentiated us in the market—a bold vision (and the confidence to carry it through), innovative thinking, and a smart approach to addressing the complexities of a fast moving, demanding business. Our portfolio includes commercial office, hotel, retail, and residential projects—many of which have earned industry awards and accolades. Today our development portfolio includes more than six million square feet of Class A office space, 4,500 residential units, and a number of hotel properties with a total market value of nearly $6 billion.   Monument Realty has an exciting opportunity for a talented professional to join the development team as a Development Manager, responsible for managing the day-to-day activities required for the design, permitting, construction and sale/lease of high quality real estate development projects. The ideal candidate is self-motivated, detail-oriented with strong initiative and an ability to effectively communicate with a wide variety of stakeholders, and has proven capabilities in multi-tasking, negotiating, problem solving and prioritizing workloads.   Job Description & Responsibilities:    

• Oversee all development consultants, internal team members and legal counsel from conceptual design through entitlements, vertical construction and close-out;
• Manage all aspects of the design process and project consultants, ensuring that design decisions are consistent with approved project budgets, constructability constraints and market expectations;
• Create and manage the development pro forma and development schedule and act as primary point of contact with lenders and investors;
• Work with construction manager to develop construction schedules and budgets, negotiate the GMP contract, meet financing requirements and obligations, and process change orders, requests for information, etc.;
• Develop and implement project Sales/Leasing Plan and Marketing Plan;
• Oversee drafting and finalizing of all condo docs, including declarations, plats and plans, budgets and purchase agreements;
• Maintain knowledge of, and ensure conformance with, key project agreements, documents and regulations;
• Establish and maintain relationships with local jurisdictions, community groups and neighbors;
• Ensure compliance with local zoning regulations and obtain all necessary easements and approvals from neighbors, utility providers and government agencies;

                    Required Skills & Qualifications  

• 5-7 years of development (or development-related) experience and a demonstrated ability to perform the duties described above;
• Education and/or background in architecture, engineering or construction is an asset;
• Current knowledge of the development approval process and regulations in the DC-MD-VA region;
• Experience directing and managing consultants and contractors;
• Full understanding of budgeting, cash flows and financial analysis for real estate;
• Ability to read, understand and coordinate consultant’s drawings (architectural, landscape, mechanical, electrical, etc.), and some familiarity with construction is essential;
• Excellent research and analytical skills with knowledge of industry trends;
• Ability to be creative, resourceful, efficient with time, and proactive in a fast-paced environment;
• Must possess strong interpersonal, analytical, critical thinking and communication skills.

   

If this opportunity sounds like a good fit, please submit your resume and cover letter.

 

We appreciate the interest of all applicants; however, only those selected for further consideration will be contacted.