Bonaventure is seeking a Real Estate Development Project Manager to join our Land Acquisition and Real Estate Development Team. Bonaventure is expanding its multifamily portfolio across the country by acquiring new land for development opportunities. You will search for available land suitable for multifamily development, analyze information, and ensure each transaction is smooth and successful. This position is instrumental in the growth and success of our business, we will provide the tools and support so our development team can perform at their best. The ideal candidate has strong real estate analysis skills combined with an understanding of the development process and knowledge of real estate market supply and demand factors.
Qualified Individuals must be experienced in the following:
Key Responsibilities Market analysis: Conduct and perform market analysis to identify which deals are located in strong, growing markets, taking into consideration the location of existing competition, market rents, potential market penetration and demographics.Site selection, contract negotiation & acquisition:Locate favorable sites for future development projects. Negotiate and manage all terms of property acquisitions; work closely with legal, development, architectural and financial teams in the due diligence process.Viability Assessment & Proforma development: Complete financial analysis and develop and maintain financial pro forma and related documents for each of the proposed sites.Jurisdictional research and due diligence:In-depth research of and communication with local jurisdictions of authority, relevant to project development. Identify development standards, development impact fees and land use processes in order to determine project viability.Land Use Process and entitlements:Assemble and manage a team of coworkers and consultants to work required processes and obtain entitlements. Review sites to determine viability, cost, zoning requirements, local Ordinance and acceptability to the company and seller.Project management and coordination: Manage a team through site design, plan development and obtaining building permits. Must have design insight, be familiar and have knowledge of constructions drawings and specifications. Monitor construction progress as owner's representative. Assist with on-site construction management issues, budgets and schedules.Travel required. Requirements 2 + years' experience in real estateSite acquisition andDevelopment a plus but not required.Knowledge of market and economic analysis/evaluation, financial and land evaluation.Proficient in Microsoft applications including Outlook, Word, and Excel.Advanced skill in Excel requiredStrong written and verbal communication skills with attention to detail.Display strong analytical and quantitative skills, including the ability to gather information, conduct analyses, and present findingsComfortable with frequent interactions with internal and external contacts of all levels of authority and responsibility.Team Player; Demonstrates ability to work within cross-functional teams, in a support role.Self-directed problem solver: takes initiative, proactively addresses problems; can work with minimal oversight once familiar with job requirements.Ability to analyze information, and interpret complex issues in order to determine the root problem and make effective decisions to bring the issue to a successful conclusion.Highly organized and flexible; with the ability to prioritize multiple projects and meet deadlines, often with frequent interruptions and changing circumstances, in a high volume, fast-paced work environment Top reasons to work at Bonaventure Health Benefits– Medical and dental coverage.Flexible Spending Account – For Healthcare and Day Care expenses.Retirement– Generous 401k matching program.Professional Growth– We provide on the job paid training. In addition, we provide paid education assistance and career advancement thru promotions to qualified individuals.Continuing Education Reimbursement.Paid Time Off– To have fun, take care of yourself and your family. About Company In the last 22 years, Bonaventure has developed and constructed over 6,100 units that coincide with over 5,700,000 of square feet in six states. In addition, Bonaventure is currently active in subdivision and multi-family real estate development.
