Senior Land Development Manager

Senior Land Development Manager Position Description

 

 

Company Background: ExchangeRight provides real estate investments that are structured to provide long-term, stable income and asset preservation to accredited 1031, 1033, and 721 exchange investors. Our goal is to consistently deliver diversified tax-deferred exchangeable portfolios of long-term, net-leased properties backed by investment grade corporations. We target corporate tenants that successfully operate in the necessity retail and healthcare industries to provide investors with stable and predictable income.

 

ExchangeRight’s long-term exit strategy is to provide greater diversification and value to investors by combining multiple portfolios of investment grade, net-leased assets into a REIT to execute a public market sale, merger, IPO or listing. We currently have over $3.4+ billion in assets under management and are on pace to add over $600 million in additional assets under management each year. Our portfolio of more than 825 properties is diversified across 40 states. ExchangeRight and its affiliate Telos Capital strategically invests primarily in real estate projects throughout the United States targeting value-add and opportunistic returns for investors.

 

Additional information on ExchangeRight can be found at: www.exchangeright.com

 

 

Description of the Position:

Description of the Position: As the Senior Land Development Manager, you will be responsible for the execution of a business plan to entitle and develop raw land primarily into income-producing RV parks and resorts but potentially other uses such as manufactured housing communities, self-storage, or multifamily, primarily in the Houston MSA.  Reporting to the Director of Asset Management, and with support and guidance from third-party expert consultants, you, with assistance from one or more local project managers, will initially oversee seven current RV development projects, understanding the scope and scale of the overall development plan will increase rapidly over time.  In order to be successful in this role, you must be able to support and communicate clearly and concisely within the team, have a solid understanding of land development protocols and processes, how to effectively communicate with relevant governing bodies to proactively keep developments moving forward, think critically and be able to make informed decisions, and remain consistently organized with all permitting and approval related items. 

 

 

 

Responsibilities of the Position:

The Senior Land Development Manager shall be responsible for the following activities relating to the land development management of the Properties:

• Manage aspects, disciplines, and orderly program of land development process;
• Prepare land development opinions of probable cost, proformas, budgets and schedules detailing the Properties;
• Coordinate the workflow and activities of project land development field operations;
• Review design documents, site plans, improvements plans and plats/tract and parcel maps for accuracy;
• Manage contracting program for land development subcontractors and monitor progress;
• Coordinate with Construction Contractor for infrastructure (utilities, off-site improvements etc.) installation and insure timely inspections and completions;
• Review and consolidate work projects to ensure that they are of high quality, cohesive and responsive to Project needs and goals;
• Coordinate activities on multiple projects on a daily basis;
• Liaise with regulatory agencies when preparing, modifying or obtaining approval of land plans and oversee all applicable local approval and plan check review related to the development, construction and build out of the Properties;
• Interface with local code enforcement officials and other agency staff;
• Manage and oversee engineers, architects, contractors and other consultants in the design and planning of project including all infrastructure related to the development of the Properties, including but not limited to subdivisions, roadways and grading, sanitary and sewer mains, electrical, gas, telecommunications and other utilities, and as required;  
• Manage and oversee engineers, architects and contractors in the design, construction, site development, build out and other improvements of the Properties;
• Provide such other services related to the development of the Properties as Company reasonably requires

 

Requirements:

• Bachelor’s degree in a related field, Master’s degree preferred
• Minimum seven years of experience with raw land development including presentation of projects to local authorities for Staff approval with proven success
• Comprehensive knowledge of the Texas project approval and permitting process
• Understanding of market and industry trends
• Strong analytical, budgeting, and reporting skills

 

What’s in it for you?

• Fast-paced, growing real estate company with natural career progression and access to executive management team
• Competitive compensation.
• $470/month employee covered medical benefits plus 50% coverage of the balance if any
• Paid time off (15 days per year for the first two years, 20 days from years 3 – 5-, and 25-days beginning year 6)
• Profit sharing and cash balance plan following 1 year of service.  Both plans are 100% company funded and have vesting requirements.

 

 

Company Culture:

ExchangeRight’s passion is to empower people to be secure, free, and generous. We seek to accomplish this by putting others first and we use the acronym, “FIRST” to identity how we will work together to reach this goal. These core values set the tone for the culture we nurture in the office. We apply these principles when evaluating performance and we expect all team members to be in alignment with these expectations:

 

Fidelity

We are faithfully committed to achieve the best outcome for those whom we serve.

Integrity

We do what is right and we steward investors’ wealth the same way we do our own.

Responsibility

We take proactive personal ownership in everything we do.

Servant-Heartedness

We serve our clients, each other, and our community with humility and generosity.

Tenacity

We relentlessly go above and beyond approaching our work with healthy sense of urgency.