Qureos Mentor

Capstone Development Partners

<div>Capstone Development Partners is a national student housing developer. We operate under the mantra of &ldquo;do the right thing&rdquo;. We are known for the collaborative approach we take with our clients, our employees, and in the overall way we conduct business. We believe that our people are our most valuable asset and take pride in our inclusive, family-oriented culture.
We welcome people who are passionate about joining a successful industry leader in student housing development, where you can make an impact, give back to the community, and build a meaningful career, all while working in a collaborative team environment. As part of the Capstone family, you will have the opportunity to help shape the college experience of young people throughout our country while building a successful future for yourself.
Position Overview
The VP of Development Management (VPDM) will be able to undertake all primary and day to day tasks associated with development without direct oversight or direction. As a VPDM, you are developing your negotiating, transaction and people management skills necessary for progression from a VP of Development Management to a Sr. VP Development Manager/Project Leader.
Essential Functions
The VP of Development Management works directly with an EVP / Project Executive to strategize, communicate, coordinate and see a project through to successful completion. Additionally, a VPDM will undertake and develop personnel management responsibilities by working closely with the EVP to mentor, coach and train Development Analysts and Managers when applicable and appropriate. A VP of Development Management will be capable of independently performing the following functions as a project progresses from identification through construction:
<div><ul><li>Analyze project and partner viability-recommend go/no-go decisions to project committee/company leadership</li></ul>
<ul><li>Assume primary responsibility for the drafting/coordination of project proposals in response to RFQs and RFPs</li></ul>
<ul><li>Draft, deliver and manage all project related client communications and correspondence</li></ul>
<ul><li>Create comprehensive project assessments and reports for evaluation by the project committee</li></ul>
<ul><li>Vet project team members</li></ul>
<ul><li>Assemble and manage development team members during predevelopment and construction</li></ul>
<ul><li>Document project processes using agendas, meeting minutes and team member correspondence/direction</li></ul>
<ul><li>Create and manage project schedules and timelines</li></ul>
<ul><li>Drive/enforce/ensure overall project schedule adherence</li></ul>
<ul><li>Create project financial models and finance packages for use internally and in the capital markets</li></ul>
<ul><li>Manage the project pro-forma to ensure viability and currency throughout the development process by working collaboratively with Finance staff</li></ul>
<ul><li>Transition projects from predevelopment to construction and from construction to operations</li></ul>
<ul><li>Assemble and document project metrics and historical data</li></ul>
<ul><li>Research market trends and present findings to development teams and company principals</li></ul>
<ul><li>Track project expenditures versus budget. Maintain financial forecasts for active developments</li></ul>
<ul><li>Support the construction team throughout the construction process in order to maintain relationship consistency, provide a high level of customer service to our institutional partner and ensure adherence to project agreements and project quality standards</li></ul>
<ul><li>Support property management team ultimately responsible for post completion facility operations</li></ul>
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A VPDM will lead, or be actively engaged with the Project Executive or company Principals to accomplish the following:
<div><ul><li>Build personal and professional relationships with clients before, during and after project award and completion</li></ul>
<ul><li>Create the framework/approach to specific transaction and program solutions for proposals in response to RFQs and RFPs</li></ul>
<ul><li>Execute entitlement and permitting processes</li></ul>
<ul><li>Execute project closings</li></ul>
<ul><li>Draft and negotiate all project agreements</li></ul>
<ul><li>Structure finance and project capitalization plans and strategies</li></ul>
<ul><li>Manage, train and mentor subordinate development staff</li></ul>
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Experience and Education Requirements
<ul><li>3-5 years of experience with Capstone or other company as a Development Manager on similar scale and complexity real estate development projects.</li>
<li>Bachelor's degree required, preferably Finance or Real Estate Finance.</li>
<li>Strong quantitative and analytical skills with proven financial modeling skills.</li>
<li>Ability to read, understand, develop, modify and maintain project pro-formas and budgets.</li>
<li>Strategic thinking self-starter and problem solver with the ability to position projects for success, foresee and navigate challenges and capitalize on opportunities, and drive project teams as needed to ensure success.
</li><li>Strong organizational, time-management, and project management skills in order to effectively track, report, and manage multiple projects and priorities where meeting deadlines is critical.</li>
<li>Strong leadership skills with the ability to build and maintain trusted and respectful relationships with clients, business partners, and team members.</li>
<li>Strong communication skills, written and verbal.
</li><li>Eagerness and ability to lead, manage and inspire collaboration among a broad project team.</li>
<li>Proficient in Excel, Word, and PowerPoint. Ability to quickly learn new software and systems to complete, design, and develop required reports and documents.</li>
</ul>
Physical Requirements
<ul><li>Prolonged periods of sitting at a desk and working on a computer.</li>
<li>Must be able to lift 15 pounds at times.</li>
</ul>
Travel Requirements:
<ul><li>Up to 30-50%</li></ul></div>

Vice President of Development Management

Join Capstone Development Partners and explore 1   exciting career opportunities. They're hiring for various roles with options for remote or on-site work. Apply today and become part of their innovative team.

Capstone Development Partners

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Vice President of Development Management