Jobs
DEVELOPMENT MANAGER
Open Posting: January 21, 2023
Closed Posting: February 17, 2023
THE OPPORTUNITY
We are searching for a Development Manager with a passion for design, sustainability, and equity in the built environment and real estate development industry. Our ideal candidate is committed to environmental stewardship, social equity, racial justice, BIPOC communities, and progressive policies.
The Development Manager will report to and work closely with the Founder on all aspects of executing development projects, including Acquisition, Due Diligence, Design, Entitlements, Permitting, Construction, Lease-up and/or Sales, Asset Management, and Disposition.
RESPONSIBILITIES
Project Management
Manage at least two (2) development projects at a time from inception to completion. Potential projects include: W&R Project, PRISMID Sanctuary or new housing project
Manage pre-development activities, including due diligence, acquisition support, design, entitlements, and construction project management
Support the initiation, review, and completion of prime and subsidiary contracts with general contractor, architect, and other consultants
Manage Architecture & Engineering (A&E) team, General Contractor, consultants, and vendor partners
Drive toward the sustainability and equity goals established for each project while considering cost saving measures
Communicate and coordinate with the Authorities Having Jurisdiction (AHJ) and consultant team to obtain building permits and resolve any issues as they arise
Support and strengthen key external relationships with clients and project partners (architects, contractors, lenders, etc.)
Convene and manage weekly job meetings to advance project progress
Oversee the execution of the business plan for each project, as established by the proforma, on time and on budget
Construction Management
Supervise General Contractor activities and GMP budget including change orders, request for information (RFI) etc.
Communicate and coordinate with Architect and General Contractor as necessary to resolve any outstanding issues relating to project
Maintain strong project controls to ensure project delivery is on time and within budget
Attend weekly on-site construction meetings and observe and approve work for quality and completeness
Finance & Legal
Develop pro-forma analysis, budget, and cash flows that meet project’s financial metrics and profitability
Manage the project budget and cash flows in accordance with any contracts
Prepare and distribute draw packages and monthly payments with investors by the end of each month; work, as necessary, with project partners (general contractor, vendors, lenders, etc.) to accomplish this responsibility
Manage and archive key project documents, including legal documents, lease agreements, agreements with project vendors, and documentation with capital partners
Manage RFP for senior debt and write grant applications, as needed.
Post-Completion
Supervise marketing, outreach, and/or brokerage activities
Supervise property managers to facilitate the lease-up and/or management of rental housing, office, and/or retail space
Coordinate with real estate brokers on individual home sales and closings including, but not limited to, coordination of home buyer upgrades
EXPECTATIONS
Short Term
Work as/when necessary, dependably and punctually, to fulfill the role and responsibilities. This is a full time, exempt-level position, with an expectation to work at least 40 hours per week. Adre’s regular office hours are Monday - Friday, 8:00am - 5:00pm PST; occasional nights and weekends are required.
Demonstrate ability to work independently and lead external teams
Demonstrate the ability to multi-task by moving multiple key activities forward at a time
Exceptional organizational skills, responding to messages/questions in a timely manner
Continually address and work to improve any weaknesses
Reflect and promote the values of Adre, including stewardship of communities and capital, creativity, professionalism, and the human experience
Be an exceptional communicator, conveying Adre project objectives, challenges, and opportunities both internally and, as appropriate, externally
Long Term (2-7 years)
Develop deep competency in all aspects of the development process, including finance
Become fluent and effective at negotiating key contracts and leases
Establish yourself as a leader in the community and the industry
HOW WE WORK
Adre’s regular office hours are Monday - Friday, 8:00am - 5:00pm PST. Adre team members currently work remotely in the Portland Metro Area, coming together regularly to meet in-person with colleagues, project partners, and community members.
Adre currently offers a hybrid work environment, with onsite presence required regularly. We are in the process of building our office (expected completion Summer 2025) and anticipate fully returning to in-person operations at or before that time.
QUALIFICATIONS
Adre seeks individuals with a passion for design, sustainability, and an equity lens in the built environment and real estate development industry. Adre requires a strong educational background, demonstrated intellectual curiosity, tenacity, attention to detail, strong work ethic, a hands-on approach, and leadership ability.
Required Qualifications, Skills, and Attributes:
Bachelor’s Degree in a relevant field. Master’s Degree preferred.
A minimum of 5 years of experience in real estate development, project management, design, construction, or related fields.
Successful completion of an advanced degree program (Masters, Ph. D, etc.) may be substituted for up to 2 years of experience.
Excellent interpersonal, phone, and business writing skills
Resourceful team-player with the ability to also be effective independently
Exceptional organizational skills and attention to detail
Independent judgment to manage, prioritize, and organize a diverse workload with an ability to set priorities, meet deadlines, and multitask
Proficiency with Microsoft Office suite and basic Adobe Suites experience
Solutions-oriented; comfortable resolving conflicts when they arise
Reliable attendance and punctuality
Consistently model the values of Adre and a commitment to environmental stewardship, social equity, racial justice, BIPOC communities, and progressive policies.
Demonstrated experience working with and/or supporting diverse, historically marginalized communities
Desire to work in a multicultural environment
Adre is committed to the health and safety of our employees, partners, and community members. To that end, all Adre employees are required to be fully vaccinated for COVID-19. Documentation of full vaccination will be required prior to being hired at Adre.
Adre recognizes that some people are unable to be vaccinated against COVID-19, and offers an exception process for candidates and employees that provides for an exception and reasonable accommodation based on a qualified medical condition or religious/spiritual reason.
COMPENSATION
Starting Salary $95,000 - $115,000 annually (exempt)
Yearly Professional Development Stipend
Monthly Technology Stipend
Medical and Dental benefits are not offered at this time
ADA, Pregnancy, and Religious Accommodations
If you identify as a person with a disability, are pregnant or nursing, or observe a religious practice(s), and would like to request a reasonable accommodation when applying for this job, please contact jobs@adre.dev.