Our client, a leading real estate investment firm, is hiring a VP of Real Estate Development to join their Nashville office. The VP of Real Estate Development will be a key leader within the organization, responsible for overseeing and optimizing the day-to-day operations of our residential real estate developments. This role involves strategic planning, operational management, and cross-functional leadership to ensure the effective management and development of our real estate investments. The ideal candidate will have extensive experience in real estate operations, a deep understanding of the investment landscape, and a proven track record of delivering operational excellence.
Key Responsibilities:
Lead, mentor, and develop a high-performing team of real estate professionals.
Foster a collaborative and results-oriented culture within the operations team.
Oversee recruitment, training, and performance management of operational staff.
Develop and implement strategic plans for the operational management of the real estate portfolio.
Collaborate with executive leadership to align operational strategies with the company's overall goals and objectives.
Drive initiatives to enhance the value and performance of the real estate assets.
Oversee the day-to-day operations of all real estate properties, including leasing, property management, maintenance, and tenant relations.
Implement best practices and standard operating procedures to ensure efficiency and effectiveness in property management.
Monitor and analyze property performance metrics, and develop strategies for improvement.
Develop and manage operational budgets, ensuring financial targets are met and cost controls are implemented.
Conduct financial analyses and reporting to support investment decisions and operational improvements.
Work closely with the finance team to ensure accurate financial reporting and compliance with investment agreements.
Build and maintain strong relationships with external partners, including property managers, brokers, and service providers.
Engage with investors and stakeholders to provide updates on operational performance and strategic initiatives.
Address and resolve any issues or concerns raised by tenants, stakeholders, or partners.
Ensure compliance with all regulatory requirements, company policies, and industry best practices.
Identify and mitigate operational risks, including legal, financial, and reputational risks.
Oversee property inspections and audits to ensure adherence to safety and quality standards.
Qualifications:
Bachelor's degree in Real Estate, Business Administration, Finance, or a related field; MBA or advanced degree preferred.
6+ years' experience in management of single-family master planned community projects.
High level of attention to detail
Proven track record of managing large-scale real estate portfolios and driving operational efficiency.
Strong financial acumen and experience with budgeting, forecasting, and financial analysis.
Excellent leadership, communication, and interpersonal skills.
Ability to work collaboratively with executive leadership and external stakeholders.
In-depth knowledge of real estate market trends, regulatory requirements, and best practices.