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- Tasks: Support the Head of Development in pursuing new multifamily projects and managing construction processes.
- Company: Join Macdonald & Company, a leader in multifamily real estate development with a strong track record.
- Benefits: Enjoy opportunities for professional growth, training, and a collaborative work environment.
- Why this job: Be part of exciting development projects that shape communities and make a real impact.
- Qualifications: Bachelor’s degree required; 5+ years in multifamily real estate or development experience preferred.
- Other info: Work in Birmingham, AL, with a focus on innovative design and compliance with industry standards.
The predicted salary is between 43200 - 72000 £ per year.
Job Summary
Macdonald & Company is pleased to be partnered with a prominent investor of Multifamily Real Estate to find and appoint a Development Manager to help the Head of Development grow an existing pipeline.
The Company
The group has a significant track record in the Southeast and Sunbelt of acquiring and developing Multifamily assets. They are vertically integrated and have a pipeline of development opportunities in Birmingham, AL to execute on.
Essential Functions / Responsibilities
- Assist in the pursuit of new development projects, including market analysis, financial feasibility, and preliminary due diligence.
- Create proformas for new developments, incorporating market information, operating expense data, and estimated hard and soft costs.
- Manage the construction draw process, develop monthly project reports, and review each phase of the construction process.
- Oversee third‑party inspections and bond releases for projects nearing completion.
- Assist in product and design decisions for developing properties.
- Conduct site visits to perform and document framing walks and general construction walks.
- Coordinate telecommunications, including specifications, contract negotiations, and construction coordination.
- Collaborate with architects, engineers, landscape architects, interior designers, property managers, project managers, and development associates.
- Ensure strict compliance with plans and communicate any critical issues to the Head of Development.
- Participate in company‑provided training on topics such as fair housing, safety, non‑discrimination, and harassment prevention.
- Comply with all Company National Standards, applicable health and safety regulations, and relevant local, state, and federal laws.
Education and / Experience
- Bachelor’s degree required; a degree in Business, Finance, Real Estate, or a related field is preferred.
- Minimum of five years of experience in multifamily real estate, development, or finance.
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Development Manager – Birmingham employer: Macdonald & Company
Contact Detail:
Macdonald & Company Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Development Manager – Birmingham
✨Tip Number 1
Network with professionals in the multifamily real estate sector. Attend industry events, join relevant online forums, and connect with people on LinkedIn to build relationships that could lead to job opportunities.
✨Tip Number 2
Familiarise yourself with the Birmingham real estate market. Understanding local trends, key players, and recent developments will give you an edge during interviews and discussions with potential employers.
✨Tip Number 3
Prepare to discuss your experience in managing development projects. Be ready to share specific examples of how you've handled market analysis, financial feasibility, and construction processes in your previous roles.
✨Tip Number 4
Showcase your ability to collaborate with various stakeholders. Highlight instances where you've successfully worked with architects, engineers, and project managers to demonstrate your teamwork skills, which are crucial for this role.
We think you need these skills to ace Development Manager – Birmingham
Some tips for your application 🫡
Understand the Role: Before applying, make sure to thoroughly understand the responsibilities of a Development Manager. Familiarise yourself with market research, site acquisition, and the construction process as these are key aspects of the job.
Tailor Your CV: Customise your CV to highlight relevant experience in multifamily real estate and development. Emphasise any specific projects you've managed or contributed to that align with the job description.
Craft a Compelling Cover Letter: Write a cover letter that showcases your passion for real estate development and your understanding of the Birmingham market. Mention how your skills and experiences make you a perfect fit for the role.
Highlight Relevant Skills: In your application, be sure to highlight skills such as financial analysis, project management, and collaboration with various stakeholders. These are crucial for the Development Manager position.
How to prepare for a job interview at Macdonald & Company
✨Know Your Market
Familiarise yourself with the Birmingham real estate market, especially in multifamily development. Be prepared to discuss recent trends, key players, and potential opportunities that could benefit Macdonald & Company.
✨Showcase Your Experience
Highlight your previous experience in multifamily real estate and development. Prepare specific examples of projects you've managed, focusing on your role in market analysis, financial feasibility, and due diligence.
✨Understand the Development Process
Brush up on the entire development process from site acquisition to construction management. Be ready to discuss how you would handle challenges at each phase and ensure compliance with plans and regulations.
✨Collaborative Mindset
Emphasise your ability to work with various stakeholders, including architects, engineers, and project managers. Share examples of successful collaborations and how they contributed to project success.
