Director, Development

Greystar - Sacramento, CA

Hiring: Director, Development Company: Greystar Location: Sacramento, CA Job Posted Time: 2026-09-10 13:19:55 Employment Type: Full-time Target Skills & Keywords : Project Management About the job Experience: •5+ years of experience in real estate development. •5 years of service. •1 year of service! Additional vacation accrued with tenure. •10 years of service (and every 5 years thereafter). Required Skills: •Manages the due diligence process on land opportunities and develops documentation and recommendations on key findings that may affect the return and financial performance of the proposed deal. •Prepares detailed investment memorandums and authorizes their submission. Provides insight on the proposed projects to the Company’s Investment Committee including detailed pro-forma and financial models and pursuit cost budgets. •Actively facilitate and support negotiation of sale and purchase agreements for approved projects. Issues letter of intent (LOI), negotiates PSA and ensures compliance with venture and loan documents. •Establish finish schedule for preconstruction and review and resolve Geotech, Environmental and Land Use matters. •Directs third party relationships to complete project design concept and building plans in accordance to approved scope of work. Coordinate modifications for the project accepted during final pricing prior to closing to ensure they are incorporated in Construction Documents. •Review and approve all soft cost expenses to ensure consultant completion of work and cost are in line with project budget and finalizes cost classification memos. •Manages the detailed development budget, makes FF&E selections and approves fitness center, pool, and FF&E budgets. •Coordinate with consultants, permit expeditor, and construction team to ensure all municipality requirements permitting and jurisdictions are met. Ensure any governmental and jurisdictional issues are addressed and resolved with the assistance of consultants and construction team. Qualifications: •A bachelor’s degree is required in Finance, Business, Real Estate, Economics, Construction, Architecture or related field. Master’s degree is preferred. •Dynamic verbal and written communication skills and strong interpersonal abilities. •Strong analytical and quantitative skills, with excellent financial acumen and high proficiency with real estate underwriting and real estate finance concepts. •Monitors departmental progress and improves and adapts systems and services to drive results. •Promotes a strong customer centric culture within the department to support seamless service and trust in Greystar as a reliable partner. •Leads with passion, defines the vision and facilitates the development of their team. •Demonstrated knowledge of the market dynamics within assigned region. •Track record managing local community and political relations. •The salary range for this position is $170,000 - $200,000. Interested candidates, please apply directly through the job posting on company's career page or try via AI auto apply on this platform. Don't miss this opportunity to join a forward-thinking team!