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Palo Alto, California
Palo Alto, California
San Leandro, California
Irvine, California
San Jose, California
Palo Alto, California
Santa Cruz, California
Posted: 05-Jun-22
Location: ON, California
Type: Full Time
Salary: Open
Categories:
Internal Number: R0065252
JOB DESCRIPTION
Key responsibilities will include:
- Develop and perform the financial analyses and underwriting, which forms the basis for site selection and the Company's spending of pursuit capital.
- Manage the pre-entitlement process by maintaining accurate pursuit cost forecasting and reporting, and ensuring pro-forma development budgets and schedules are met.
- Participate in Investment Committee meetings that focus on proposed development projects, working with the Managing Director of Finance in project financing, and reviewing and providing progress updates on projects under pursuit, construction and lease-up.
- Source new development opportunities through developing and maintaining relationships with key stakeholders including brokers, land sellers, equity partners and lenders to identify feasible, financeable, and profitable new initiatives.
- Negotiate or assist in the negotiation of complex legal instruments including contracts, term sheets, loan documents and joint venture agreements.
- Manage complex development projects under construction to ensure developments remain on time and on budget.
- Manage third party consultants to identify, entitle, design, finance, permit, construct, lease, manage and dispose of new development projects.
The ideal candidate will possess:
- 5+ years of real estate development experience.
- Deep and broad experience in industrial development and new construction.
- Dynamic verbal and written communication skills and strong interpersonal abilities.
- Strong analytical and quantitative skills, with an excellent financial acumen and high proficiency with real estate underwriting and real estate finance concepts.
- Fluency in French and exposure to residential projects would be a plus.
#LI-KD1
Depending on the position offered, regular full-time and part-time team members may be eligible to participate in a bonus program in addition to their base salary. Once eligible, team members may participate in the 401k plan. Regular, full-time team members are also offered a range of medical, financial, and/or other benefits from which to choose.
Greystar will consider for employment qualified applicants with arrest and conviction records.
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