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Development Director

Development Director

Atlantic Realty Companies, Inc.Vienna, VA, US
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Job Description

Atlantic Realty Companies (ARC) is a Mid-Atlantic developer and owner of retail and office assets totaling over 4 million square feet. ARC is looking for a highly motivated individual to support development and construction management operations of the Companies.

Primary Role

  • Coordinate and support the management of all facets of entitlement, development and construction management for projects (budgeting, financial modeling, scheduling, design, government hearings, community outreach, contracts, tenant coordination, permits, construction, reporting, quality control, close out, and document organization).
  • Monitor and coordinate financial analyses, including pro formas, cash flow modeling, valuations, budget to actual variance studies, and project analyses for acquisition, development and asset management utilizing excel and ARGUS.
  • Prepare and maintain project and department progress reports, project budget tracking reports, monthly loan draws on development projects, and variance analyses of contractor bids.
  • Work closely with the development and construction management senior leadership to support the development and construction process.
  • Reports directly to ARC principals and senior leadership on the portfolio of projects.

Supplemental Role

  • Assist with bid packages and reviews, and vendor coordination.
  • Support with project entitlement, design management, and build out operations.
  • Assist in due diligence material for acquisitions and dispositions.
  • Aid in developing and maintaining project budgets and timelines, and ensuring conditions and milestones are met.
  • Coordinate with internal leasing, legal, property management, and building operations departments.
  • Manage project and department documents.

    • Requirements

  • Bachelor’s degree in finance, economics, real estate, or project management.
  • Minimum of 3 years of experience preferably in commercial real estate.
  • Strong Excel and Argus financial modeling experience.
  • Experience with Yardi or other financial reporting software

    • Benefits include :

  • Group Health Care plan including company paid dental plan
  • Life and Accidental Death & Dismemberment, and short-term disability
  • Corporate 401K plan
  • Annual leave
  • Sick leave
  • Annual Paid holidays

    • Employment is contingent upon successful completion of a criminal background check. Please email your resume to hr@arcrealty.com .

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    Director Development • Vienna, VA, US

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