We have an opportunity for an experienced Development Manager to join our team to support the opening of our new offices in Frankfurt, Germany.
Greystar is a market leading fully integrated real estate company offering expertise in investment, development, and property management of multifamily residential properties globally. The European business is rapidly growing, and currently covers the UK and The Netherlands.
Opening in October 2017, Greystar Germany will provide similar opportunities for student, young professional and multifamily homes in key cities across Germany and Austria. Our expertise perfectly equips us to create a new and unique generation of rental housing in response to urbanisation and increased demand for convenience and flexibility.
Our employees are the key to the success of our business with exceptional service at the heart of everything we do. This level of service is a result of their expertise, a solid understanding of the markets they operate in and a passion to provide outstanding experiences. Our aim is to further expand across the UK and Continental Europe by hiring local talent and staying true to Greystar's core values of integrity, respect, professionalism, accountability, service and team work.
Role Summary: Within this role, you'll lead and execute development projects from inception through to the design, planning and construction phases and integration with operations during the life cycle of the project.
You'll support the execution of the Company's development platform by managing the technical and construction side of the development processes. This will include the support of completing the technical side of the initial acquisition due diligence, underwriting (financial modeling) and closing of real estate transactions and managing third party consultants through the project design and construction process.
Role Scope & Relationships:
The role will support the execution of development projects within German and Austrian markets.
The role works closely with the Investment Director – Germany in the acquisition stage, taking responsibility for the technical side of the due diligence process, supporting the underwriting and closing of real estate transactions.
The role works closely with the Investment Director – Germany; and is supported by the Senior Development Director - Continental Europe; to implement and adapt Greystar's global procedures and standards to local standards.
This role will work closely with colleagues, teams and senior leaders across Greystar that interface with the development process – investments, operations, construction, finance, legal, tax, compliance, design, marketing, communications, portfolio management and accounting.
Works closely with the property management team to finalise budgets and project design plans, accepts units from construction on behalf of Owner and ensures all aspects of the project adhere to Company development standards, templates and quality level.
This role will interface with a range of external stakeholders including local project management firms, construction companies, local city governments and other consultants, funders, partners, agents, contractors.
Knowledge, Skills and Experience: As the successful candidate, you will need to be able to demonstrate the following:
Strong development and project management experience; including ability to oversee the entire life cycle of the development process and to complete development projects; and of supervising work provided by (technical) consultants, negotiating, managing and monitoring construction/technical related agreements such as the Design & Build and Turnkey agreements.
Working knowledge of building regulations, technical building specifications, planning application processes and construction processes for Germany.
Knowledge of multifamily (build to rent), student or related industry developments.
Master's degree in Real Estate, Engineering, Construction Management, Architecture (desirable)
Excellent written and spoken German and English.
Excellent interpersonal skills including the ability to establish and maintain positive relationships, communicate with tact and diplomacy, and influence with impact at all levels.
Resourcefulness to manage vendor and local developer / general contractor and internal counterpart relationships
Strong organisational and project management skills in order manage multiple projects and priorities with an integrated approach
Strong numeracy skills; including the ability to manage and maintain accurate cash flow information and to complete financial records, budgets, and other fiscal reporting information.
A positive team player, with an adaptable and flexible approach along with ability to work collaboratively to drive results and support the wider team and business objectives.
Competitive salary, depending on experience plus bonus and company benefits.
TO APPLY, send your CV and covering letter to Greystar Germany Careers via email@example.com, with reference GEHL-GER-001 in the subject line. Applications received through other means will not be considered. Your cover letter should include how your skills and experience meet the criteria outlined above. Please also include information on your notice period and salary expectations.
N.B. All offers of employment are subject to satisfactory pre-employment screening, which will include verification of your employment history and right to work in Germany, as well as checks against the US Treasury's Office of Foreign Asset Control (OFAC) and PEP (Politically Exposed Person) databases and a criminal history check.