Job Description My client is a leading developer of multifamily residential communities, with a strong presence in Florida and beyond. they specialize in affordable, workforce, and market-rate housing. Their mission is to create high-quality, sustainable living environments that enhance the lives of the residents and communities. They are currently seeking an experienced Market Rate Developer to join the team and drive the success of their multifamily projects.
Award-winning full-service developer of multifamily residential communities with real estate transactions exceeding $4 billion in commercial, land, and residential developments across Florida, Texas, Illinois, and Arizona.
Position Overview: The Market Rate Developer will oversee the development of market-rate multifamily housing projects from conception to completion. This role requires an individual with a minimum of 10 years of experience in multifamily development, strong market insight, and exceptional project management skills.
Key Responsibilities: - Project Management: Lead and manage all phases of market-rate multifamily development projects, including site acquisition, due diligence, entitlements, design, construction, and lease-up.
- Market Analysis: Conduct comprehensive market research to identify and evaluate potential development opportunities.
- Financial Oversight: Develop and manage project budgets, pro formas, and financial models to ensure profitability and financial viability.
- Stakeholder Coordination: Collaborate with architects, engineers, contractors, government agencies, and other stakeholders to ensure project success.
- Permitting and Entitlements: Navigate the permitting and entitlement process, ensuring compliance with local zoning and regulatory requirements.
- Contract Negotiation: Negotiate and manage contracts with vendors, contractors, and consultants.
- Quality Control: Ensure that all projects meet high standards of quality, safety, and sustainability.
- Reporting: Provide regular updates to senior management on project status, financial performance, and key milestones.
- Risk Management: Identify and mitigate potential risks associated with development projects.
Qualifications: - Bachelor’s degree in Real Estate, Business, Urban Planning, or a related field.
- Minimum of 10 years of experience in multifamily development, with a focus on market-rate projects.
- Proven track record of successfully managing multifamily development projects from concept to completion.
- Strong understanding of real estate finance, market analysis, and development processes.
- Excellent project management and organizational skills.
- Strong negotiation and communication skills.
- Ability to work effectively with diverse teams and stakeholders.
- Proficiency in project management software and financial modeling tools.
- Knowledge of local, state, and federal regulations related to multifamily development.
Benefits: - Competitive salary and performance-based bonuses.
- Comprehensive benefits package, including health, dental, and vision insurance.
- Incomparable and collaborative company culture
- Retirement savings plan with company match.
- Professional development opportunities.
- Collaborative and dynamic work environment.
For a confidential conversation call/text Jessica at 605.705.3764 or email All qualified applicants will receive consideration without regard to race, age, color, sex (including pregnancy), religion, national origin, disability, sexual orientation, gender identity, marital status, military status, genetic information, or any other status protected by applicable laws or regulations. GPAC (Growing People and Companies) is an award-winning search firm specializing in placing quality professionals within multiple industries across the United States since 1990. We are extremely competitive, client-focused and realize that our value is in our ability to deliver the right solutions at the right time.