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Director of Development

Company: Bonaventure
Location: Alexandria
Posted on: November 22, 2021

Job Description:

Position Summary: You are a results-oriented Director of Development with 7+ years of experience in sourcing and underwriting commercial real estate and multifamily properties. As Director of Development your primary focus is management of a portfolio of multifamily and senior developments, working closely with the VP of Investments and the Executive Team presenting opportunities and creating Investment Committee packages. You are a goal-driven self-starter with experience sourcing and managing the development of investment opportunities. You relish the fast-paced world of commercial real estate and ensuring potential projects come to fruition. Your collaborative, driven nature is demonstrated through past successes in handling multiple priorities and projects initiated from sourcing, your and others instigation, to approval through launch. You succeed through your strong interpersonal and verbal skills including the ability to clearly articulate and drive growth through impact. You are looking for a career home, and with Bonaventure you will experience investment in its employees' development and well-being. Are you ready to join a company that is experiencing exceptional growth; Do you want to reach your full potential, surrounded by stunning and exceptional colleagues, collaborating in achieving and exceeding personal and professional goals, then Bonaventure is the place to be! Accountabilities:

  • Manage a portfolio of multifamily and senior housing developments located in the eastern United States, mitigating risk and identifying opportunities to accelerate projects through leadership and accountability with a team of analysts
  • Develop and implement strategies to cultivate business with current and prospective clients, securing business for Bonaventure's Design, Construction and Acquisition groups
  • Be a key thought leader in evaluating investment and development strategies and opportunities through the Bonaventure development process, maintaining a detailed pipeline of potential new developments to be reviewed on a weekly basis
  • Prepare presentation material for recommended acquisition opportunities and present recommendation to Investment Committee
  • Ensure that objectives and timelines are being met by effectively utilizing, mentoring and leading pool of analysts to meet accountabilities. Prepare and deliver timely, accurate and complete reports as needed Who You Are:
    • Passionate about real estate, have a voracious appetite for learning new things, and enjoy a goal-driven, fast paced environment and mentoring/leading a group of analysts
    • Ability to analyze large quantities of data and summarize relevant information focusing on details with ability to handle multiple projects and deadlines while maintaining a proactive approach
    • Competitive work ethic with ability to adapt to change quickly and succeed in a fast-paced, entrepreneurial environment
    • Strong working knowledge of Microsoft Excel, Word, CoStar, and other asset / market level data analytics system and have excellent interpersonal, communication, and organizational skills
    • Demonstrate a track record of successful developments
    • BS/BA degree in Real Estate, Finance or similar, MBA a plus and 5+ years of experience in a Real Estate Development and Underwriting Why You Should Choose a Bonaventure Career: Our Culture
      • You would join a dynamic team of "A" players who are driven to success through accountability, opportunity, and rewards for performance
      • A highly engaged workforce who collaborate with stunning colleagues (YOU!), focused on outcome, supported by data
      • You will succeed through living our Core Values. This is our heartbeat, our focal point to ensure we all remain true to Bonaventure and the long-term vision
      • You join a team intensive towards continuous improvement utilizing radical transparency and honest conversations on successes and opportunities Our Growth
        • We offer diverse services and derive revenue from multiple sources strengthening our fiscal presence
        • The need for our portfolio of businesses is rapidly expanding in markets we are in and markets we are entering - our services are in high demand
        • Bonaventure has developed, acquired or managed over $3 billion of multifamily assets over the past 20 years and we currently manage over 6,000 multifamily units Our People
          • As we have grown, our employees have been provided with numerous opportunities and avenues for growth
          • We are a driven team of professionals that like to win
          • We are opportunity and solution focused
          • All employees have quarterly conversations with their supervisors to discuss fit with core values and what parts of the job and performance are working or not working
          • We are committed to Inclusion and Diversity for all employees, vendors, applicants and customers, celebrating the differences and similarities of one humankind EOS (Entrepreneurial Operating System)
            • Ensures alignment, transparency and clarity about our long-term vision and how we will get there
            • Summarizes vision, core values and future plans in two pages
            • Defines roles and responsibilities of every job in the organization Our Benefits
              • Comprehensive Benefit Plans
              • Four weeks of Paid Time Off and Seven Paid Holidays
              • 401k
              • Bonus Potential (most roles)
              • Competitive wages Our Core Values:
                • Growth - We create enduring value by continuously moving forward, innovating, and improving.
                • Attitude - We display and motivate others with our positive attitude and driven work ethic.
                • Collaboration - We do our best work when we work together. Every individual is encouraged to contribute because our next great idea can come from anyone.
                • Impact - Our effort produces measurable, meaningful results.
                • Accountability - We take personal ownership for our actions, commitments, and performance.
                • Reputation - Nothing is more important than our reputation. About Bonaventure: Founded in 1999, Bonaventure is a private equity real estate company headquartered in Alexandria, VA. Bonaventure specializes in multifamily design, development, construction, redevelopment, asset management and property management, primarily in the Mid-Atlantic and Southeastern US. Bonaventure is fully integrated to oversee every phase of the acquisition, management, and disposition of our properties. With over $1.75 billion in transactions, $500 million worth of HUD loans, 7,500 residents, and 225 employees, Bonaventure boasts a full suite of multifamily property management and investments capabilities, a Class A construction company, and a portfolio of apartment homes in 2 states and 26 communities. Bonaventure is an Equal Opportunity Employer and Prohibits Discrimination and Harassment of Any Kind: Bonaventure is committed to the principle of equal employment opportunity for all employees and to providing employees with a work environment free of discrimination and harassment. All employment decisions at Bonaventure are based on business needs, job requirements and individual qualifications, without regard to race, color, religion or belief, family or parental status, or any other status protected by the laws or regulations in the locations where we operate. Bonaventure will not tolerate discrimination or harassment based on any of these characteristics. Bonaventure encourages applicants of all ages.

Keywords: Bonaventure, Alexandria , Director of Development, Executive , Alexandria, Virginia

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