Development Manager
Role details
Job location
Tech stack
Job description
This is a generalist, asset-agnostic role responsible for managing the full development lifecycle across a range of product types - including multifamily, mixed-use, senior living, and other opportunities as they arise. The Development Manager will own day-to-day execution on assigned projects: coordinating feasibility and underwriting, advancing entitlements and design, supporting financing, and overseeing delivery in partnership with our construction, design, and capital markets teams. This is an individual-contributor role suited to a hands-on professional with 4-7 years of real estate development experience who is ready to manage their own projects end-to-end., Land Acquisition
- Identify land opportunities on and off-market via Broker connections
- Negotiate Letter of Intent
- Coordinate with internal design team for conceptual plans
- Assist in negotiations of Purchase and Sale Agreement
Feasibility & Underwriting
- Build and maintain development pro formas, underwriting models, and project budgets; analyze returns and sensitivities to support go / no-go decisions.
- Conduct and coordinate market studies, site due diligence, and feasibility analysis, including zoning, title, survey, environmental, and utility review.
- Prepare investment memos and recommendations for internal review and capital partners.
Entitlements, Design & Pre-Development
- Manage the entitlement process: rezoning, variances, site plan approvals, and permitting, working with municipalities, consultants, and legal counsel.
- Coordinate the design team (architects, civil, structural, MEP, and landscape) to advance plans from concept through construction documents.
- Lead pre-development scheduling, consultant scoping and contracting, and budget tracking through the design phases.
Capital & Financing Coordination
- Support debt and equity financing efforts in partnership with the Capital Markets team, including lender / investor packages and closing checklists.
- Coordinate loan closings and equity contributions and manage draw processes and lender reporting during construction.
- Track project capitalization, sources and uses, and funding milestones against the development budget.
Construction & Delivery Oversight
- Serve as the development-side point of contact with Forge Construction and other general contractors throughout construction.
- Participate in OAC meetings; track schedule, budget, change orders, RFIs, and submittals against the development plan.
- Monitor project critical path and proactively manage risks, escalating issues that threaten schedule, budget, or quality.
Stabilization & Cross-Functional Coordination
- Coordinate hand-off to property management and lease-up / stabilization teams, including marketing and operational readiness.
- Maintain accurate project records, reporting, and dashboards; provide regular status updates to leadership and stakeholders.
- Partner across Development, Construction, Capital Markets, Vector Design, and Preconstruction to keep projects aligned and on track.
Requirements
Do you have experience in Valuation modeling?, Do you have a Bachelor's degree?, * Bachelor's degree in real estate, finance, business, construction management, urban planning, civil engineering, architecture, or a related field.
- 4-7 years of progressive experience in real estate development, development management, or a closely related discipline (e.g., real estate finance, construction management, or capital markets).
- Demonstrated experience managing or substantially contributing to projects across multiple phases of the development lifecycle.
- Strong financial modeling and underwriting skills, including development pro formas and return analysis (Excel proficiency required).
- Working knowledge of entitlements, due diligence, design coordination, and construction processes.
- Excellent project management, organizational, and communication skills, with the ability to manage multiple projects and deadlines simultaneously.
Preferred
- Experience across more than one product type (multifamily, mixed-use, senior living, commercial, or similar).
- Familiarity with debt and equity structures, lender draw processes, and investor reporting.
- Exposure to affordable / LIHTC financing or other public-private structures a plus.
- Experience with project management or construction software (e.g., Procore) and relevant local-market entitlement experience in the Louisville / Southern Indiana region.
- Master's degree (MBA, MRED, or similar) or relevant professional credential.
Core Competencies
- Ownership & Accountability - takes full responsibility for assigned projects and outcomes.
- Analytical Rigor - grounds decisions in sound financial and market analysis.
- Cross-Functional Collaboration - works effectively across internal divisions and external partners.
- Problem Solving - anticipates risks and drives practical, timely solutions.
- Communication - conveys complex information clearly to leadership, partners, and consultants.
- Adaptability - manages shifting priorities across diverse project types and phases.
Benefits & conditions
Pulled from the full job description
- Health insurance
- 401(k) matching
- Paid time off
- Vision insurance
- Dental insurance
- Paid holidays, Denton Floyd Real Estate Group offers a competitive compensation package commensurate with experience, including base salary and performance-based bonus potential. Our benefits include:
- Medical, dental, and vision insurance.
- 401(k) retirement plan with company match.
- Paid time off and company holidays.
- Professional development support and opportunities for growth across a vertically integrated platform.