Description
market research
financial modeling
design management
rezoning
loi negotiation
project scheduling
Administration of Project Closing
Development of Selected Projects
The Senior Director of Development is responsible for creating multifamily development opportunities by direct involvement in sourcing, developing, and closing projects to match deal fundamental requirements and deal flow velocity objectives set by the company. Reporting to the Chief Development Officer, the Senior Director of Development will work from the Birmingham office and will cover an assigned geographic area within the Southeast.
Sourcing of Development Opportunities
- Research and determine target markets and specific submarkets to focus efforts
- Develop and maintain a network of relationships in target markets to support deal origination
- Coordinate Friends and Family investment partners
- Manage closing process with equity partners and banks
- Research and produce rent comp, sales comp and tax comp analysis for prospects
- Produce investment books and investment committee memos
- Hire, direct and manage team of design professionals to produce Construction Drawings for each project
- Lead rezoning efforts, with support of land use attorney, for new opportunities
- Produce financial analysis for each viable prospect utilizing LIV’s underwriting model
- Research and produce pipeline report for current and future projects in corresponding submarket and market
- Identify and pursue off-market opportunities in target submarkets
- Organize internal review of design drawings with LIV team and work with design team on revisions
- Lead efforts on LOI and contract negotiations for projects
- Manage project checklist and schedule for active projects
- Work with Vice President of Construction to provide plans to GC for pricing
Requirements
excel
financial modeling
bachelor's
team management
multifamily
travel
- Willingness to travel often
- Transition to construction team’s Project Manager
- Demonstrated experience in executing multifamily real estate transactions independently, including identifying new development opportunities and managing closing processes
- Bachelor’s degree in business, finance, engineering, real estate, or equivalent
- Experience managing a team of design professionals and holding them accountable for work product and deadlines
- Ability to work independently and manage multiple tasks in a fast-paced environment while collaborating effectively within a team
- Highly proficient in Microsoft Excel and financial modeling
- Strong relationship building skills. Must be highly skilled in working closely with and developing relationships with key members of the development process.
Benefits
We support your growth through personalized development plans and a culture that values both professional excellence and personal well-being. We create space to share hobbies, celebrate wins, and build lasting relationships.
This is an in-office position based in LIV’s Birmingham, Alabama headquarters, reflecting the highly collaborative nature of our work. The role requires frequent travel to target markets for development. LIV fosters a dynamic and supportive work environment, with opportunities for professional growth, team-building activities, and community involvement.
Giving back is part of who we are. In 2024, 100% of our team financially supported The Goodfield Foundation, an employee-funded 501(c)(3) nonprofit dedicated to enriching the lives of residents in LIV communities. Through meaningful programs, engaging events, and hands-on service opportunities, Goodfield fosters connection, promotes wellness, and strengthens the sense of community that defines the LIV experience.
- 401k with company match
- Employer paid pre-marital and marital counseling
- Generous PTO and company holidays, including paid days for service
- Health FSA, Dependent Care FSA
- Health, dental, and vision insurance
- Employer paid JH Outback and Scott River Lodge excursions for parents and children or spouses
Training + Development
Information not given or found