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VP of Development

Location : Baltimore-Washington Corridor
Job Type : Direct
Hours : Full Time
Required Years of Experience : 7
Required Education : Bachelor's Degree Required, Master's Preferred
Travel : No
Relocation : No

Job Description :
Our client is a leader within industrial real estate - on a national scope. They are working with Veritas Partners to fill a position that will primarily focus on Development opportunities within Logistics. Specifically, this position will take an oversight role in the management of full cycle development across all phases, from preconstruction through construction to final close-out / transition-to-operations.

 


Responsibilities:


·         Identify new development opportunities through land acquisition - independently or in conjunction with other developers.


·         Manage day-to-day activities of development projects, including the oversight of project contractors, consultants, and/or JV partners, and coordinate and lead all related development meetings.


·         Work closely with Investment Analyst team members supporting the underwriting and preparation of project due diligence and feasibility analysis of potential development projects, including Investment Committee packages.


·         Lead negotiation, with support of counsel, of legal documents including joint venture structure documents, purchase and sale agreements, ground leases, pre-development agreements, professional service agreements with consultants and contractors, tenant leases, etc.


·         Track and maintain project schedule, ensuring milestones are met on time and within budget.


·         Track development budgets related to assigned projects.


·         Prepare and present project status reports to SR VP, Development, Fund Managers, other key members of our client's leadership and other stakeholders.


 


Education and/or Experience


·         Bachelor’s degree in Real Estate, Finance, Economics, Business, or a related field.


·         Advanced Degree preferred (MBA, MS)


·         Minimum of seven years of experience in real estate development and/or construction, with demonstrated knowledge of the real estate development and construction processes, including analytical understanding of real estate investments.


·         Demonstrated prior experience in all stages of real estate development including financial analysis, budgeting, legal documentation, design, entitlement, financing, construction, leasing, delivery, etc.


Required Qualifications :
 
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