Vice President, Development
Jpi
Leads multifamily development from planning, acquisition, entitlement, financing to asset management.
22 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
due diligence
financial modeling
investor reporting
design kickoff
- Define product characteristics, including unit types, amenities, and target market segments.
- Prepare closing exhibits.
- Perform zoning and code analysis to assess regulatory fit.
- Provide entitlement consultation to teams and partners.
- Monitor project underwriting compliance to ensure adherence to established standards.
- Manage due diligence for land and development projects.
- Develop strategies based on market trends, opportunities, and competitive advantages.
- Oversee post-closing services.
- Prepare board packages for land and overall project approvals and conduct board reviews.
- Source land opportunities and track systematically.
- Manage entitlement projects, including mapping, hearings, and CEQA compliance as required.
- Secure easements as required.
- Kick off the concept design process for potential projects.
- Facilitate closing calls for land and development projects.
- Execution of refinance transactions. Oversee lease-up and leasing operations, including pricing strategy, market positioning.
- Secure zoning and entitlement approvals.
- Evaluate and respond to PCO requests and RFIs requiring owner input.
- Engage with AHJs for ongoing compliance of operating assets.
- Review and approve unit/amenity finishes and community programming.
- Apply the rule-of-thumb analysis for quick viability checks.
- Lead the investment committee review for approval of land acquisitions.
- Coordinate proposals for internal committee reviews.
- Oversee due diligence, including budget validation and third-party reports.
- Negotiate and execute design consultant contracts.
- Conduct sell/hold analysis and obtain IC approvals.
- Handle capital documents for land and development projects.
- Prepare closing statements and loans for land and development projects.
- Build and maintain broker relations.
- Develop entitlement strategies and schedules.
- Handle loan conversions, cost certificates, and cost segregation reports on LIHTC deals.
- Prepare presentation packages for committee presentations.
- Formulate and analyze capital strategies for land and development projects
- Conduct sale and refinance analysis to evaluate exit strategies.
- Perform initial underwriting for new deals
- Ownership of project budgets and construction finance close-outs.
- Provide feedback to refine strategy and underwriting processes based on performance data.
- Define underwriting standards and ensure compliance across all projects.
- Establish community programming to support entitlements.
- Generate quarterly investment reporting.
- Oversight of LIHTC inspection and compliance requirements.
- Oversee design soft cost budgets.
- Oversee property build processes, including monthly funding requests and AHJ compliance requirements.
- Negotiate land purchases, including LOI preparation and contract finalization.
- Create geographical expansion plans to guide organizational growth into new markets.
- Lead design kick-off meetings at all phases from schematic design onwards.
- Track and report on project and investment performance.
- Perform reforecast modeling to update projections.
- Administer hard cost questionnaires for cost estimation.
- Develop & implement asset management business plans.
- Screen land at a micro level, focusing on site-specific factors.
- Negotiate and execute partnership MOUs.
- Define the entitlement process and political landscape.
- Run capital scenarios to optimize financing.
- Develop and analyze project and investment KPIs and benchmarks for performance evaluation.
- Conduct site searches and review land deals for initial feasibility.
- Handle PM onboarding and pre-lease-up activities.
- Analyze rents and comparables for market positioning.
- Analyze capital strategies and quotes for land and development projects
- Submit applications for bonds and tax credits.
- Screen land at a macro level, including sub-market analysis and ranking.
- Ensure business plan alignment with acquisition targets.
- Manage property sales, including broker selection, property marketing, buyer negotiation, and due diligence.
- Conduct entitlement feasibility analysis.
- Incorporate market-based inputs and projections into planning and underwriting.
- Finalize underwriting models for deal closing
- Manage investor communications, including site tours and quarterly updates.
- Provide underwriting deal updates to keep stakeholders informed.
- Lead PSR/OAC meetings.
- Coordination of outside investor approval on decisions when applicable.
- Select property managers (PMs) and execute PM agreements.
What you bring
bachelor’s degree
graduate degree
10 years
real estate
multifamily
negotiation
- 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.
- Minimum of 10 years’ experience in Real Estate development, including significant multifamily development experience.
- Demonstrated experience in entitlements, executing development opportunities, working with capital partners, market analytics, asset management, property operations, and strong negotiation skills.
- Health Savings Account
- Comprehensive training and development
- Associate Referral Bonuses
- Dallas Business Journal Best Places to Work – 2023
- Tuition Assistance
- 11 Holidays and 8 Early Release Days
- Medical, Dental, Vision, and Life Insurance
- Phone Reimbursement
- 401(k) with Company Match (Up to 5% Match)
- Flexible Spending Accounts (Dependent & Medical Reimbursement)
- Paid Parental Leave
- 4 Weeks PTO for All New Associates (Pro-Rated by Hire Date)
- Close capital arrangements, including public/private partnerships and site tours.
- Land Acquisition and Entitlement
- Competitive Bonus Program
- Paid Volunteer Time
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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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