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Managing Director, Multifamily Investment & Development

Salary
Competitive
Employment
Full Time
Real Estate Field
Location
Salt Lake City
 UT
Postal Code
84111
Country
United States

This job is no longer active.

Description


ABOUT DAKOTA PACIFIC REAL ESTATE
Dakota Pacific Real Estate (“DPRE”) is a Salt Lake City-based real estate investment and development company focused on unique commercial and multi-family residential opportunities in the Intermountain West and select surrounding markets. Founded in 2010, the company manages multiple discretionary funds and enjoys outstanding investor, joint-venture and banking relationships that have enabled the firm to become a highly respected real estate leader in its target markets. Company leadership is highly committed to growth by cultivating a best-in-class team that can unlock value both in the company’s existing portfolio and in future opportunities. We are seeking intelligent, driven individuals with uncompromising integrity who can help drive us toward our aggressive goals.

ROLE:
The Managing Director, Multifamily Investment & Development will be responsible for building and leading the firm’s multifamily investment program. The program will be focused on the development of ground-up projects as well as select value-add acquisition of existing multifamily projects throughout selected Inter-Mountain West markets including several existing pipeline opportunities. This executive will have responsibility for the program through the full project life-cycle, leading multiple market-specific teams focused on sourcing acquisitions and development sites, overseeing design and construction teams, and providing oversight to asset management teams handling lease-up and operations. This individual will work closely with the CEO, COO and Investment Committee in setting the overall program strategy including market selection and target risk profile, and he/she will play an important role in helping to market the platform to prospective investors.

KEY RESPONSIBILITIES INCLUDE:
• Executing upon a jointly established multi-family acquisition and development business plan with full business unit P&L responsibility
• Building and leading a best-in-class team to acquire, design, project manage and stabilize a diversified portfolio of multi-family assets
• Creating and implementing disciplined, institutional-quality processes for opportunity screening, project design and development execution including guiding efforts toward innovation and competitive differentiation
• Serving as a member of the platform Investment Committee and steering the tight conformance with Investment Committee-approved project budgets and timelines
• Working closely alongside DPRE leadership to effectively market the firm and raise ongoing capital around the multi-family platform

QUALIFICATIONS:
The ideal candidate will have 10+ years of experience in real estate development, construction and related disciplines with particular emphasis on multi-family housing. The individual must have an established track record of leading teams and successfully delivering institutional-quality projects across multiple markets. He/she should be energized by working in a high-growth, entrepreneurial environment with an eye toward building a dominant development and investment company.
The position will be based at the company’s headquarters in Salt Lake City, UT. Compensation will be competitive and dependent upon experience and is anticipated to include both salary/bonus and equity participation.
 

Job Sector


 

Experience


More than 15 years


This job is no longer active.

Development Residential Salt Lake City Full Time UT Acquisitions, Development, Investment Management Managing Director, Multifamily Investment & Development other