Development Manager

Empira Group is a privately-owned real estate investment firm with a significant presence across Europe and the U.S. with €9 billion in assets under management. Founded in 2014, Empira offers institutional investors a vertically integrated platform for attractive risk-adjusted return investment opportunities in real estate, debt, and infrastructure. We offer an array of services that encompass the entire investment process, from transaction and development to property and investment management. Our team is comprised of specialists who possess a deep understanding of the entire value chain in the residential and office real estate sectors.Based in Zug, Switzerland, with additional offices in Germany, Luxembourg, the U.S., the UK, Sweden, Austria, and the UAE, Empira is strategically positioned to serve the diversified needs of clients worldwide with a commitment to innovation, client satisfaction, and responsible investment practices.The Real Estate Development Manager - Multifamily is responsible for managing the full cycle of multifamily development projects, from site selection and due diligence to entitlement, design, permitting, financing, construction, and project completion. The role requires expertise in real estate market analysis, financial modeling, project management, and stakeholder coordination to ensure the successful delivery of high-quality residential communities.ResponsibilitiesProject Planning & Development:Conduct feasibility studies to assess project viability.Collaborate with the Acquisition Team to conduct market assessments, site assessments, zoning assessments, and other due diligence related to site acquisition and development feasibility. Analyze and underwrite new multifamily developments using complex financial modeling and market data analysis.Collaborate with architects, engineers, and consultants to create project designs that align with market demands and regulatory requirements.Entitlement & Permitting:Manage the entitlement process, including securing zoning approvals, variances, and necessary permits.Engage with municipal agencies, planning boards, and community stakeholders to obtain project approvals.Ensure compliance with local, state, and federal regulations throughout the development process.Financial Management:Develop and analyze financial models, including pro forma statements, to determine project feasibility.Assist in securing project financing.Monitor budgets, construction costs, and cash flow projections to ensure financial viability.Project Execution & Construction Oversight:Work closely with general contractors and construction teams to ensure projects are delivered with quality standards on time and within budget.Monitor construction progress, conduct site visits, and address any development challenges.Manage project schedules and mitigate risks that may impact delivery timelines.Stakeholder & Vendor Coordination:Develop and maintain relationships with all stakeholders.Negotiate contracts with consultants, architects, engineers, contractors and vendors.Facilitate communication between internal teams, external partners, and regulatory agencies.Project Closeout & Asset Management Support:Oversee project turnover to property management teams for lease-up and stabilization.Ensure successful completion of punch-list items and final inspections.Support asset management in optimizing long-term operational and financial performance of completed developments.QualificationsBachelor's degree in real estate, Business, Architecture, Urban Planning, or a related field.5+ years of experience in real estate development, with a focus on multifamily projects.Knowledge of land acquisition, zoning, entitlements, and construction processes.Proficiency in financial modeling, feasibility analysis, and underwriting.Strong negotiation, problem-solving, and organizational skills.Ability to manage multiple projects simultaneously in a fast-paced environment.Excellent written and verbal communication skills.Proficiency in Microsoft Office, project management software, and financial modeling tools.LEED or sustainability-focused development experience.Our offerYoung, dynamically growing company with flat hierarchiesDedicated and motivated teamAttractive compensation and benefits packageTraining and personal development opportunitiesModern offices in central locationsWe look forward to receiving your application!Equal Opportunity StatementEmpira Group is committed to diversity in its workforce and is proud to be an equal opportunity employer. Empira Group considers qualified applicants without regard to race, color, religion, creed, gender, national origin, age, disability, veteran status, marital status, pregnancy, sex, gender expression or identity, sexual orientation, citizenship, or any other legally protected status.

Created: 2025-02-19