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Development Manager
Development
A vertically integrated real estate investment company that is committed to integrity, excellence, thinking long-term, and fair dealing. The company is unique due to its three-fold focus on Development, Investments, and Brokerage Services. The firm is guided by five core principles:
- Integrity is at the heart of everything we do. We always do the right thing, treat people well, and do our best work.
- We believe that a person’s work is a reflection of their character and dignity.
- We are known for developing and owning assets at the top end of the quality spectrum. The Newman Standard is widely known and synonymous with quality and trustworthiness.
- There are no limits to what we can achieve if we work together.
- “To whom much is given, much will be required.” We pledge to be good stewards, to work hard, to deal with people fairly, and to be generous.
Newman Commercial Real Estate currently has over 1M SF in the development pipeline in The Woodlands and the surrounding areas. We are also one of the leading investment sales firms in Houston, with a track record of over $750M sold in the past few years.
The Development Manager works directly with the CEO and SVP and is responsible for overseeing key development projects in various phases including: Due Diligence, Entitlement, Design, and Construction. Exceptional communication skills and attention to detail are required. Day-to-day activities include solving challenges and managing consultants (engineers, architects, general contractors, environmental consultants, surveyors, etc.) to shepherd the project to completion on-time and on-budget. The successful candidate is driven from within, is energized by a fast-paced environment, and loves to participate in an organization’s drive toward a common goal. Your leadership will help shape Newman’s future and will be a significant contributor to our continued growth.
Scope & Responsibilities
Responsible for managing the pre-development and construction management tasks of multiple real estate development projects. As the Owner’s Representative, the duties include:
- Pre-Development:
- Manage due diligence on acquisitions
- Coordinate consultants to implement each project’s business plan:
- Civil Engineers
- Surveyors
- Environmental Consultants
- Architects
- Geotechnical Engineers
- Landscape Architects
- Financial Analysts
- Oil & Gas Landmen
- Traffic engineers
- Legal
- General Contractors
- Reporting for equity investors and lenders
- Work to get easements released or amended
- Work with Legal Team to create POAs, MUD reimbursement agreements, easements, etc.
- Negotiate scope of work and cost of consultants and contractors
- Development:
- Construction Management:
- Work with Newman’s in-house construction team
- Coordinate geotech’s construction materials inspections with general contractor
- Handle issues and challenges that come up in the field
- Coordinate with telecom, utility, and other third parties
- Coordinate with city, county, MUD, or other governing entities
- Coordinate with Leasing Team so that we can deliver to tenants
- Coordinate with Property Management Team for hand-off
Requirements
- Bachelor’s Degree in Business, Finance, Construction Science, or Architecture preferred
- Requires a minimum of 5 years experience in real estate development and skills including:
- Running project financial models
- Knowledgeable in all facets of the development process, including permitting, contractor selection, construction implementation, establishing project budgets, and financial analysis
- Excellent communication skills and high integrity
Salary
- Commensurate with experience
- To apply, please submit a resume and cover letter with references to Kenny Freeman at ***email_hidden***
Additional Skills
PHYSICAL DETAILS
How to apply
Send us an email at [email protected]. Include your resume, cover letter and anything else you feel is applicable to the job. Make sure to include the job title in the subject line of your email to be considered.
Newman provides equal employment opportunities to all employees and applicants for employment and prohibits discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state or local laws.
This policy applies to all terms and conditions of employment, including recruiting, hiring, placement, promotion, termination, layoff, recall, transfer, leaves of absence, compensation and training.
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