Vice President, Development
Jpi
Lead development planning, acquisition, entitlement, finance, and project execution
21 days ago ago
Expert & Leadership (13+ years), Experienced (8-12 years)
Full Time
Dallas, TX
Office Full-Time
Company Size
522 Employees
Service Specialisms
Construction services
Project Management
Consulting
Engineering
Architecture
Property Development
Design
Technical Services
Sector Specialisms
Multifamily Housing
Residential
Community Development
Sustainable Development
Asset Management
Project Capitalization
Construction Management
Investment Management
Role
What you would be doing
underwriting
entitlement
capital modeling
project budgets
kpi analysis
investor reporting
- Lead design kick-off meetings at all phases from schematic design onwards.
- Facilitate closing calls for land and development projects.
- Define underwriting standards and ensure compliance across all projects.
- Secure easements as required.
- Analyze rents and comparables for market positioning.
- Kick off the concept design process for potential projects.
- Analyze capital strategies and quotes for land and development projects
- Formulate and analyze capital strategies for land and development projects
- Ownership of project budgets and construction finance close-outs.
- Finalize underwriting models for deal closing
- Manage entitlement projects, including mapping, hearings, and CEQA compliance as required.
- Select property managers (PMs) and execute PM agreements.
- Prepare closing exhibits.
- Evaluate and respond to PCO requests and RFIs requiring owner input.
- Engage with AHJs for ongoing compliance of operating assets.
- Handle capital documents for land and development projects.
- Administer hard cost questionnaires for cost estimation.
- Conduct site searches and review land deals for initial feasibility.
- Track and report on project and investment performance.
- Negotiate and execute partnership MOUs.
- Develop and analyze project and investment KPIs and benchmarks for performance evaluation.
- Negotiate land purchases, including LOI preparation and contract finalization.
- Perform initial underwriting for new deals
- Manage property sales, including broker selection, property marketing, buyer negotiation, and due diligence.
- Generate quarterly investment reporting.
- Review and approve unit/amenity finishes and community programming.
- Prepare presentation packages for committee presentations.
- Oversee post-closing services.
- Source land opportunities and track systematically.
- Oversee property build processes, including monthly funding requests and AHJ compliance requirements.
- Define the entitlement process and political landscape.
- Create geographical expansion plans to guide organizational growth into new markets.
- Prepare closing statements and loans for land and development projects.
- Provide feedback to refine strategy and underwriting processes based on performance data.
- Conduct sale and refinance analysis to evaluate exit strategies.
- Conduct entitlement feasibility analysis.
- Incorporate market-based inputs and projections into planning and underwriting.
- Screen land at a macro level, including sub-market analysis and ranking.
- Conduct sell/hold analysis and obtain IC approvals.
- Develop strategies based on market trends, opportunities, and competitive advantages.
- Perform reforecast modeling to update projections.
- Manage investor communications, including site tours and quarterly updates.
- Lead the investment committee review for approval of land acquisitions.
- Coordinate proposals for internal committee reviews.
- Provide underwriting deal updates to keep stakeholders informed.
- Define product characteristics, including unit types, amenities, and target market segments.
- Establish community programming to support entitlements.
- Provide entitlement consultation to teams and partners.
- Negotiate and execute design consultant contracts.
- Apply the rule-of-thumb analysis for quick viability checks.
- Manage due diligence for land and development projects.
- Ensure business plan alignment with acquisition targets.
- Submit applications for bonds and tax credits.
- Oversee due diligence, including budget validation and third-party reports.
- Screen land at a micro level, focusing on site-specific factors.
- Oversight of LIHTC inspection and compliance requirements.
- Perform zoning and code analysis to assess regulatory fit.
- Execution of refinance transactions. Oversee lease-up and leasing operations, including pricing strategy, market positioning.
- Lead PSR/OAC meetings.
- Run capital scenarios to optimize financing.
- Handle PM onboarding and pre-lease-up activities.
- Coordination of outside investor approval on decisions when applicable.
- Build and maintain broker relations.
- Monitor project underwriting compliance to ensure adherence to established standards.
- Secure zoning and entitlement approvals.
- Prepare board packages for land and overall project approvals and conduct board reviews.
- Develop entitlement strategies and schedules.
- Oversee design soft cost budgets.
- Develop & implement asset management business plans.
- Handle loan conversions, cost certificates, and cost segregation reports on LIHTC deals.
What you bring
10 yrs
real estate
multifamily
bachelor's
entitlements
negotiation
- Minimum of 10 years’ experience in Real Estate development, including significant multifamily development experience.
- A Bachelor’s Degree in Business, Finance, Urban Planning, Accounting, Real Estate, Engineering, Math , or a related field is required. Graduate degree and/or relevant professional certifications encouraged.
- Demonstrated experience in entitlements, executing development opportunities, working with capital partners, market analytics, asset management, property operations, and strong negotiation skills.
- Paid Volunteer Time
- Associate Referral Bonuses
- Dallas Business Journal Best Places to Work – 2023
- Comprehensive training and development
- Phone Reimbursement
- Health Savings Account
- Land Acquisition and Entitlement
- Tuition Assistance
- Medical, Dental, Vision, and Life Insurance
- 401(k) with Company Match (Up to 5% Match)
- Competitive Bonus Program
- 4 Weeks PTO for All New Associates (Pro-Rated by Hire Date)
- Close capital arrangements, including public/private partnerships and site tours.
- Flexible Spending Accounts (Dependent & Medical Reimbursement)
- 11 Holidays and 8 Early Release Days
- Paid Parental Leave
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Interview process
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Visa SponsorshipInformation not given or found
Security clearanceInformation not given or found
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Company
Overview
100K Homes
Developed & Acquired
Over three decades, the company has developed or acquired more than 100,000 apartment homes across North America.
Top 10 Developer
NMHC Activity Rank
Recognized as one of the fastest-growing developers and ranks among the Top 10 by activity level according to NMHC.
14B Valuation
Portfolio Value
The company's portfolio has exceeded a $14 billion valuation since inception.
350+ Projects
Development Portfolio
The company's development portfolio spans more than 350 projects, showcasing its scale and experience in multifamily real estate.
- Became a national force in multifamily real estate after growing from a regional developer.
- Headquartered in Irving, Texas, and was acquired by Sumitomo Forestry America in December 2023.
- Executes Class A projects that include garden‑style, wrap‑podium, high‑rise, senior and student living.
- Provides end‑to‑end services such as development, construction, asset management, and investment capital management.
- Focuses on key Sunbelt markets—Texas, Arizona, California, Florida—and select northeast metros.
- Develops luxury multifamily communities, mixed‑use towers, and senior‑living sites.
- Transform Building
- Enhance Communities
- Improve Lives
- Be faithful and obedient to God
- Be respectful to and help develop all people
- Be committed to excellence
- Be committed to service
- Be a person of character
- Grow profitably
- Putting people first
- Behaving with integrity and compassion
- Managing by fact and knowledge
- Striving for excellence
- Celebrating our successes
100M+ pounds
PVC Scrap Prevented
Advanced technology has diverted over 100 million pounds of PVC scrap from landfills.
$10M investment
Nationwide Reprocessing
Significant capital allocated to expand recycling facilities, including a large-scale facility.
250M+ pounds
Annual PVC Reprocessing
Capacity to process over 250 million pounds of PVC annually, showing strong commitment to recycling.
- Active member of the Vinyl Sustainability Council since December 2021
- Recipient of the Vinyl Sustainability Council’s Annual Recycling Award for maximizing PVC recovery
- Upgraded to primary membership in the Vinyl Sustainability Council to advance recycling programs
- No publicly stated net-zero target
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