Job Details
NewQuest is one of Texas leading commercial real estate firms, privately held and headquartered in Houston, Texas. Well known as one of the country s leading retail shopping center developers and owners, NewQuest has developed over $4 billion in projects representing over 20 million square feet across the country with an emphasis in Texas.
NewQuest is searching for dynamic and engaging leaders to join our development team. We have a large pipeline of projects and are searching for the right people to help facilitate our growth.
The Development Director will be responsible for the execution of development opportunities from inception through stabilization. The role will be responsible for management of all aspects of the assigned real estate development project(s) including managing, coordinating, and administering the project development process from initial concepts and planning stages, through due diligence and initial project analysis and feasibility studies, market research, acquisition, design, permitting, financing, construction, and transition to operations or sale; including performing other duties as assigned.
Position: Development Director
Location: Houston, Texas (in office)
Key Responsibilities:
Work with development team and originators to identify viable development opportunities including ground up and redevelopments
Perform market feasibility and project underwriting for presentation to Investment Committee
Due diligence and entitlements on prospective and existing projects including working knowledge of geotechnical reports, environmental studies, and infrastructure planning.
Work with development and construction teams on cost estimating and budgeting for new projects
Consulting team coordination including third-party architects, engineers, attorneys, and other groups to ensure seamless progress of projects.
Project tracking and scheduling with regular reporting to leadership
Government coordination and permitting including meeting with jurisdictional officials during the due diligence process and throughout the project life
Day to day management of all components of the development process and direction of team members in their various contributions to the movement of the deal
Travel will sometimes be required, as well as unusual work hours related to governmental coordination necessary with development processes
Qualifications:
Undergraduate or graduate degree in real estate, finance, business or similar degree
Minimum 5 years of relevant experience in commercial real estate
Advanced knowledge of financial modeling and Microsoft Excel
Excellent written and verbal communication and interpersonal skills
Results-oriented with ability to achieve and exceed targets
Ability to perform a variety of responsibilities with attention to detail, strong work ethic and commitment to excellence.
Must take initiative, be resourceful, prioritize and perform within a team environment while maintaining focus and multitasking in a fast-paced, time-sensitive environment.
Proficiency with scheduling and tracking software
Must have a vehicle and valid Texas driver s license
Values in line with NewQuest s core values
If you are a strategic leader with a passion for real estate and a proven track record of success, we invite you to apply for this exciting opportunity. Join us in shaping the future of NewQuest.