Job description

Senior Development Manager

Alterra Property Group is seeking candidates for a Senior Development Manager position which will play a key role in the execution of Alterra’s development and construction projects with a focus on its growing multifamily and mixed-use portfolio. Candidates will be responsible for leading the real estate development process while overseeing and managing the entitlements/approvals, design and construction of new out-of-ground, adaptive reuse, and major capital improvement projects. Candidate will report to Senior Vice President of Development and Construction but will also collaboratively work with Alterra’s collective Project Execution Team. Position responsibilities shall include but are not limited to:

· Due Diligence – Oversee various site due diligence items leading up to land acquisition.

· Permitting/Approvals – Ensure timely obtainment of any and all required project permitting and approvals.

· Review Drawings, Specs, and other Project Documents – Familiarization of all project documents will be key.

· Construction Management – Efficiently manage and monitor general contractor or construction manager as well as various trades/subcontractors performing improvements.

· Contract Administration – Help ensure all contractual obligations are realized.

· Project Schedule – Development, Implementation, and Management.

· Project Coordination – Maximize efficiencies and efficacy within the Project Team while interfacing with key team members (architect, contractor/subcontractors, subconsultants, vendors, etc.)

· Risk Management – Anticipate and mitigate risks that arise during project execution phase. Work creatively and analytically in a problem-solving environment demonstrating teamwork, innovation and excellence

· Budget Development – work with the Acquisitions Team to develop capital expenditure budgets for new projects.

· Project Reporting – Produce project specific reports as required by lending institutions and equity partners. Report on project success criteria results, metrics, test and deployment management activities

· Project Cost Control – Track all committed, pending, and anticipated cost events while maintaining project budget and mitigating cost exposures.

· Cost Event Negotiations – Help ensure highest and best value is realized from design and construction professionals.

· Invoice Review and Processing – Review monthly pay apps to ensure all costs are fully substantiated and supported while assisting Project Accountant in payment draw process.

· Quality Control and Assurance – Help to ensure excellence in delivered product by ensuring conformance to project documents, Owner standards and branding.

Candidates should possess:

· 5-10 years of experience in construction/project management or similar

· Proficient in Microsoft Excel and Project

· Degree in construction management, engineering, architecture, or similar preferred

· Entrepreneurial

· Self-starter

· Organized

· Ability to excel in a fast-paced work environment

· A “whatever it takes” attitude

Salary: ~$100K/year, but negotiable for the right candidate.

Benefits:

• 401(k)
• 401(k) Matching
• Dental Insurance
• Flexible Spending Account
• Health Insurance
• Paid Time Off
• Vision Insurance

About Alterra

Alterra Property Group is a full-service real estate investment, development and management firm based in Center City Philadelphia. Alterra currently has 50+ employees and 2000+ multi-family units under management. In addition to multi-family, Alterra invests and develops office, retail and industrial space.

www.alterraproperty.com

Job Type: Full-time

Pay: $90,000.00 - $100,000.00 per year

Benefits:

• 401(k)
• Dental insurance
• Health insurance
• Paid time off
• Vision insurance

Schedule:

• Monday to Friday
• On call

Supplemental pay types:

• Bonus pay

Experience:

• Microsoft Office: 5 years (Preferred)

Work Location: In person

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