Director of Real Estate Development [HT-860677] - VisionSpark

WYNN DEVELOPERS

DIRECTOR OF REAL ESTATE DEVELOPMENT

Do you exemplify a relentless work ethic and an unwavering amount drive? Are you results-oriented, consistently getting things done no matter the challenges you face? As a self-motivated individual who is committed to the highest standards, do you embody a maximizer’s spirit, always striving for excellence in every endeavor? If you are looking for an opportunity to have a significant impact not only professionally, but in the lives of others, then we want to talk to you!

Our ideal Director of Real Estate Development is:

• Resilient and Adaptable – Under pressure, you remain calm and composed, viewing challenges as opportunities for improvement. You embrace a growth mindset, readily acknowledging mistakes while taking ownership and accountability. Rather than dwelling on failures, you learn from them and move forward with determination.
• Strategic and a Problem-Solver - Resourceful and quick to act, you have a knack for seeing the bigger picture while paying attention to the essential details. You can articulate your expertise with clarity and confidence, offering fresh perspectives that enrich discussions and drive progress.
• A Strong Communicator – This is one of your strong suits. You excel at building relationships, treating everyone with respect and maintaining a better-than-average level of honesty in all interactions. Not afraid of conflict, you can push back on decisions constructively, fostering an environment of open dialogue and collaboration.
• A Person of Integrity – Integrity is at the core of your character. You take ownership of responsibilities and demonstrate a genuine care for your commitments, always following through and never shying away from accountability. With a humble yet confident demeanor, you contribute positively to the culture around you, avoiding toxicity and instead inspiring those you work with.
• Competitive – You are fueled by joy and abundance and approach each day with excitement and a clear vision of your goals. Your athlete’s mentality drives you to excel while maintaining a sense of camaraderie with peers.

We are looking for a Director of Real Estate Development who is not just detail-oriented, but a professional who possess an exception organizational ability that allows you to navigate complexities without getting bogged down. You understand the importance of each detail while effectively moving toward solutions. In every aspect of work and life, you are a shining example of dedication, integrity and a commitment to excellence, making you a valuable asset in any environment.

RESPONSIBILITIES

The responsibilities of the Director of Real Estate Development include, but are not limited to:

Acquisitions and Deal Sourcing:

• Oversee the identification and sourcing of acquisition opportunities, executing strategic business plans for each deal.
• Manage the entire acquisition process from initial sourcing to closing, ensuring timely execution and alignment with company goals.

Strategic Partnerships and Financing:

• Cultivate new strategic partnerships to enhance business opportunities.
• Assemble financing structures, including equity and strategic financing, to support acquisitions, ensuring quick turnaround times for capital deployment.
• Maintain and develop strong relationships with lenders and equity partners.

Leadership and Team Development:

• Provide leadership and accountability for property management partners, fostering a culture of high performance.
• Directly manage tasks or oversee team members responsible for achieving key performance indicators (KPIs).
• Develop the team to ensure efficient execution; initially oversee all aspects, with a plan to delegate responsibilities as the team grows (e.g., hiring a multi-site property manager, acquisition analyst, and director of finance).

Business Plan and Asset Management:

• Execute and monitor business plans for each acquisition, ensuring alignment with overall strategic objectives.
• Oversee asset management to optimize performance and value.

Performance Measurement:

• Establish a measurable and predictable system within one year, ensuring all key components function seamlessly and contribute to overall success.

*This is a full-time, in-person position operating out of the Columbus, OH area.

QUALIFICATIONS

Required

• Proven experience in multifamily deal sourcing and underwriting, demonstrating a deep understanding of market trends and property valuation
• Strong ability to effectively communicate and negotiate with real estate and legal professionals, fostering collaborative relationships to facilitate transactions
• Experience in creating and executing comprehensive business plans and financial proformas, with a track record of successful project execution
• Familiarity with working alongside general contractors, ensuring alignment between project objectives and construction execution
• Demonstrated success in raising and securing equity of $2 million or more and debt financing exceeding $10 million, showcasing financial acumen and relationship-building skills with investors and lenders
• Experience in asset management with oversight of over 500 units, focusing on operational efficiency, performance optimization, and strategic planning

Preferred

• Extensive experience in managing multifamily and multisite properties, demonstrating strong operational and leadership skills
• Proven background in affordable housing, including relationship building within this sector to enhance community engagement and project success
• Established relationships with key stakeholders, particularly within the Columbus
• Metropolitan Housing Authority, facilitating collaboration on housing initiatives
• Extensive experience in construction management, ensuring projects are completed on time and within budget while meeting quality standards

Desired

• Proven ability to develop and implement a unique off-market deal sourcing strategy, leveraging creative approaches to identify and secure exclusive investment opportunities.

THE COMPANY – WYNN DEVELOPERS

Imagine being part of a vibrant and forward-thinking company that is dedicated to making a meaningful impact in the affordable housing sector. This is a place where growth potential is not just a buzzword; it’s a reality. As a member of this dynamic team, you’ll have the chance to contribute to exciting projects that truly make a difference in low-income communities.

The culture here is built on a partnership mentality, fostering an environment where unique ideas are not only welcomed but celebrated. You'll work alongside a high-energy, fun-loving team that is both aggressive in its pursuit of success and focused on achieving ambitious goals. With a commitment to taking risks and driving innovation, you’ll find yourself empowered to take complete ownership of your projects, shaping their direction and impact.

The leadership team brings a rich history of excellence, including accolades from a decorated OSU gymnast and proud member of the OSU Hall of Fame. This blend of passion for community empowerment and a commitment to excellence creates an inspiring atmosphere.

Here, you won’t just be part of a company; you’ll be part of a mission to uplift communities and drive positive change, all while enjoying a supportive and creative workplace. This is a place where your contributions will truly matter, and where you can grow both personally and professionally.

OUR CORE VALUES

• DO THE RIGHT THING + 10%
  • We believe in win-win relationships only. We live by the mantra of do the right thing, and a little bit more. This empowers good people to do great things, creating more good for them, us and the community.
• KEEP SOLVING THE PROBLEM
  • There is no failing if you don’t stop solving the problem. There is always a solution that supports the project and everyone involved. Get creative and solve the problem, no matter what.
• BRING POSITIVE ENERGY
  • Positive, supportive, light energy is what creates success. We believe in enjoying our day to day, taking down exciting projects and doing it with great people.
• ALIGN GREAT PARTNERS
  • During a project or deal, there is usually an expert that can execute a specific task better than you. Take 100% responsibility for your outcomes and engage capable partners that you enjoy working with for the rest. 

Your unique ideas can shape our future—apply today and let’s grow together!

Salary: $130k - $160k base + incentive opportunities