DEVELOPMENT MANAGER

Job Title: Development Manager, Residential
Department: Portman Residential
Location: Atlanta, GA or Austin, TX
Reports To: Senior Vice President Development

COMPANY
Founded in 1957 by the renowned architect John C. Portman Jr., who pioneered the innovative concept of the architect as developer, our company has built a legacy of excellence and innovation in the real estate industry. Over the decades, we have accumulated a wealth of experience and fostered strong, enduring relationships that drive value for our capital partners, tenants, and the communities we serve.
By maintaining a steadfast commitment to quality, integrity, and innovation, we have earned the trust and respect of our stakeholders. Our collaborations with investors, tenants, and community leaders are characterized by transparency, mutual respect, and a shared goal of creating spaces that enhance the urban experience and contribute positively to society.
Today, the company is led by Chairman and CEO, Ambrish Baisiwala and President, John Portman, IV. Our diverse team establishes the benchmark for excellence in crafting office spaces, residential homes, industrial warehouses, hospitality venues, and retail complexes, both as integrated mixed-use developments and stand-alone projects throughout the United States. Their unwavering commitment and unmatched expertise empower us to bring visionary concepts to life.

SUMMARY
Reporting to the SVP, Development, the Development Manager will be responsible for, concept development, and assisting in the pre-development, development, and construction oversight activities of assigned projects to ensure completion on schedule within budget.

ESSENTIAL DUTIES AND RESPONSIBILITIES: The role may assist in other assigned duties. The list of responsibilities described is intended to provide a general context and is subject to change.

• Support Developers in running all aspects of real estate projects, including conceptualization, preliminary design, financing, construction project management, operations, and asset management.
• Design and review project schedules and ensure alignment with the business plan.
• Lead entitlement and approval efforts on assigned projects.
• Ensure the Pro-forma is updated and refined as the project progresses and make recommendations and modifications where appropriate.
• Develop and manage the project budget working with project accounting.
• Review and manage monthly and annual development cash flow incoming/outgoings.
• Follow and control expenditures to ensure projects are proceeding within budget.
• Provide project details and support in packaging projects for potential lenders and joint venture partners.
• Strong analytical skills to perform complex financial analyses, including cash flow projections and estimates complete, are required.
• Strong negotiation skills to perform GMP negotiations with general contractors.
• Exceptional interpersonal, written, and verbal communication skills with the ability to foster good working relationships at every level within the Company and with external stakeholders such as municipalities, city councilors, and mayors, etc.
• Excellent planning, presentation, and organizational skills reflect the ability to perform and prioritize multiple tasks with exceptional diligence seamlessly.
• Proficiency in Microsoft Office (Outlook, Word, Excel, Project, and PowerPoint).

OTHER JOB ATTRIBUTES:
• Generation of approved deal flow.
• Accurate financial analysis.
• Assist and lead the development and related fees from real estate projects.
• Ability to meet or come beneath project cost budget maximums, meet design criteria and intent, and meet project schedules.
• Client satisfaction

EDUCATION REQUIREMENTS

The ideal candidate will have a bachelor’s degree in architecture, Construction Management, Real Estate, or related studies and 4+ years of experience in Commercial Real Estate Development, Construction Management, and large-scale student housing projects.

Portman Holdings and its family of companies are deeply committed to building a workplace and global community where inclusion is not only valued but prioritized. We are proud to be an equal opportunity employer seeking to create a welcoming and diverse environment. Portman Holdings is committed to providing reasonable accommodations to qualified individuals with disabilities in the employment application process. All qualified applicants will receive consideration for employment without regard to race, color, religion, gender, gender identity or expression, family status, marital status, sexual orientation, national origin, genetics, neurodiversity, disability, age, veteran status, or any other non-merit based or legally protected grounds.