*** Must Be Located in the Central Ohio Area ***

Homestead Companies is a fully integrated real estate company with in-house development, construction, management, and investment opportunities in multifamily, student housing, and active 55+ living. We have over 8,500 student housing beds and over 2,000 multifamily units located in Ohio, Pennsylvania, Mississippi, South Carolina, and Texas with our corporate office in Columbus, OH.

Homestead offers an exceptional company culture by providing a supportive and fun working environment and promoting a healthy work-life balance. We appreciate the vital role each team member plays and we offer highly competitive salaries.

MISSION

• To provide the best resident life experience possible.

VISION

• To continue to grow as developers, builders and operators and create a place where the best choose to work, residents choose to live, and investors choose to trust.

VALUES

• Every day, these Values drive the culture of all our efforts. Together, we commit to:

Say It, Support It , Grow It, Own It, Do The Right Thing

As the Vice President of Real Estate Development, you will have bottom-line profit and loss responsibility for project conceptualization, planning, permitting, entitlements, third party reports, site capacity studies, market and financial analysis, and interface with design and construction to develop or redevelop real estate .

Responsibilities Include:

• Responsible for the creation and executive of a project's pre-construction timeline
• Participate in the identification, feasibility analysis and negotiation of real estate acquisitions
• Source and analyze the feasibility of potential development sites and evaluate associated development schemes.
• Development planning for successful development of multi-family and senior housing projects, which would include financial investment analysis, pro-forma modeling of new developments, opportunistic investment strategies and potential public participation
• An understanding of debt financing including public and/or TIF financing, public grants, public incentives, and tax credits.
• Direct activities with city officials, attorneys, architects, engineers, and other consultants to plan projects related to public entitlement, site permits, acquisition due diligence and closing activities.
• Work with local citizen groups, governmental bodies and other interested parties to obtain necessary project permits and entitlements.
• Direct and manage the Development Project Execution Team responsible for the construction of projects, coordination of designers and consultants and general contractor, etc.
• Monitor and assure timely completion of the investment and development within the established budget, schedule and required investment returns.
• Understand aspects of lease agreements to determine the impact of each lease on the value of each development/investment.
• Provide leadership, mentoring, professional guidance, direction and supervision to Development Project Managers and Investment Analysts.
• Consult with and assist Asset and Operations Managers in identifying operational and management issues, opportunities and benefits relating to development design and construction and transfer of property to portfolio status or sale at completion. Such consultation will include materials and equipment selection, which will be used in developing projected stabilized operating budgets.
• Work with Development team to transition project acquisition and entitlement to project programming, design and delivery phase.

What you will need to be successful in this role:

• Minimum of 5-7 years of hands-on real estate experience preferably within the multifamily industry. Including a series of accomplishments which indicate increased responsibility and demonstrated performance in a broad array of development experience including public finance and incentives, permitting, design, construction, finance and leasing. Crating incremental asset value and realized or quantified profitability.
• An undergraduate degree in engineering, construction, real estate, architecture, business, finance and/or economics. MBA or MS in Real Estate or Finance a plus.
• Must possess strong financial analyses skills, including detailed discounted cash flow analysis utilizing Argus, Excel or similar programs, and demonstrated ability to analyze and implement complex financial models and structures and evaluation of corresponding risks.
• Highly effective communication, presentation and listening abilities are essential for navigating company investment/development opportunities through the multitude of public and private steps for successful completion of economic goals and objectives.
• Must have robust interpersonal skills, social intelligence and political acumen.
• Ability to set personal and project priorities and be highly organized in day-to-day and longer term planning and execution, and track and maintain complex schedules effectively.
• Sophisticated research skills required to collect and analyze market information, aggressively compete against industry participants for increased market share, establish facts and interpret an extensive array of information in order to draw conclusions, prepare and defend recommendations and make the critical investment decisions with corresponding authority and minimal oversight.
• Demonstrated ability to negotiate and execute all types of development related contracts.