Landmark Properties, Inc.
Senior Director, Build-to-Rent
Landmark Properties, Inc., Atlanta, Georgia, United States, 30383
Senior Director—BTR DevelopmentJob SummaryThe Senior Director will have full leadership and management responsibility for the build-to-rent development business line. The Senior Director, BTR will manage a team of seven and oversee project concept to completion from market analysis, land sourcing and acquisition through hand-off to construction.Reports to:
Executive Managing DirectorsDirect Reports:
Directors, Development Managers, and/or Associate Development ManagersDuties/Responsibilities:
The duties listed below are an outline of the role’s responsibilities and should not be considered an all-inclusive list. As the needs of the organization change, these duties may be modified as needed.Manage all aspects of bringing a project from concept to completion, including:Oversee all elements of land sourcing including market analysis, working with land brokers and identifying environmental factorsWork with institutional equity partners and lenders to close on land and finance constructionMaintain oversight on project financial models with the help of associates, senior analysts and analystsLead entitlements and manage associated political challengesSupervise the design and preconstruction processes of new construction projects with an internal General ContractorOwn the development lifecycle through hand-off to construction; ensuring that project deadlines are met, and risks are properly prioritizedProvide outward-facing promotion of the Landmark BTR platform through speaking at conferences, publishing articles in trade publications, and engaging in other promotional endeavorsManage BTR development sites under contractGuide business line financials, including budgeting and performance evaluation.Take responsibility for managing team practices, personnel, and structure to align with Landmark standards and ensure business line successEducation & ExperienceBachelor's degree in Finance, Real Estate or closely related concentration; MBA is a plusMinimum 15 years of experience in single-family housing, multifamily, or commercial real estate developmentPreferred Knowledge, Skills, & AbilitiesExcellent oral and written communication skillsA motivated self-starter, problem solver, and team playerStrong organizational, interpersonal, analytical, and leadership skillsGeneral understanding of the site work and vertical construction processAbility to handle multiple high priority projectsEntrepreneurial, adaptable, and coachableAbility to analyze financial data quickly and efficientlyAdvanced computer skills in word processing, excel spreadsheet or comparable systemsPro forma modeling experience in development and / or acquisitionsAbout Landmark Build-to-RentLandmark Properties is the largest developer and one of the largest owners of student housing in the United States, with over $11bn in assets under management.The company began operations in 2003 in Athens, Georgia, where it is currently headquartered, by developing purpose-built single-family cottages for students at the University of Georgia. The company completed several projects in Athens and at other southeastern universities prior to the Great Financial Crisis (“GFC”). At the same time, Landmark built a team of development, construction, property management, and asset management professionals, resulting in its current vertically-integrated platform.During the GFC, Landmark maintained a substantial balance sheet and aligned itself with institutional capital, allowing it to continue developing in a time when others could not, leaving the company well-positioned as the crisis came to an end. In 2012, in response to customer demand, Landmark began developing mid-rise and high-rise assets, which comprise the majority of the company’s assets today. Landmark continues to develop student cottages, but it has become increasingly difficult to identify sites that are both proximate to major universities and large enough to support an institutionally sized cottage asset.While student housing remains Landmark’s core business, the company recognizes the value in diversifying its asset base. In 2020, Landmark launched its build-to-rent division, which capitalizes on the company’s past experience in developing and operating rental homes.Work EnvironmentThe work environment characteristics described herein are representative of those an employee encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. The noise level in the work environment is usually moderate.Travel: Willingness and ability to travel 5-10 nights per monthPhysical DemandsThe physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.While performing the duties of this job, the employee is frequently required to stand; walk; sit; use hands to finger, handle, or feel; reach with hands and arms; climb or balance; stoop, kneel, crouch, or crawl and talk or hear.Specific vision abilities required by this job include close vision, distance vision, peripheral vision, depth perception, and the ability to adjust focus.The employee may infrequently drive a vehicle (intrastate and interstate travel) or be subject to air travel for purposes of Company business.
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Executive Managing DirectorsDirect Reports:
Directors, Development Managers, and/or Associate Development ManagersDuties/Responsibilities:
The duties listed below are an outline of the role’s responsibilities and should not be considered an all-inclusive list. As the needs of the organization change, these duties may be modified as needed.Manage all aspects of bringing a project from concept to completion, including:Oversee all elements of land sourcing including market analysis, working with land brokers and identifying environmental factorsWork with institutional equity partners and lenders to close on land and finance constructionMaintain oversight on project financial models with the help of associates, senior analysts and analystsLead entitlements and manage associated political challengesSupervise the design and preconstruction processes of new construction projects with an internal General ContractorOwn the development lifecycle through hand-off to construction; ensuring that project deadlines are met, and risks are properly prioritizedProvide outward-facing promotion of the Landmark BTR platform through speaking at conferences, publishing articles in trade publications, and engaging in other promotional endeavorsManage BTR development sites under contractGuide business line financials, including budgeting and performance evaluation.Take responsibility for managing team practices, personnel, and structure to align with Landmark standards and ensure business line successEducation & ExperienceBachelor's degree in Finance, Real Estate or closely related concentration; MBA is a plusMinimum 15 years of experience in single-family housing, multifamily, or commercial real estate developmentPreferred Knowledge, Skills, & AbilitiesExcellent oral and written communication skillsA motivated self-starter, problem solver, and team playerStrong organizational, interpersonal, analytical, and leadership skillsGeneral understanding of the site work and vertical construction processAbility to handle multiple high priority projectsEntrepreneurial, adaptable, and coachableAbility to analyze financial data quickly and efficientlyAdvanced computer skills in word processing, excel spreadsheet or comparable systemsPro forma modeling experience in development and / or acquisitionsAbout Landmark Build-to-RentLandmark Properties is the largest developer and one of the largest owners of student housing in the United States, with over $11bn in assets under management.The company began operations in 2003 in Athens, Georgia, where it is currently headquartered, by developing purpose-built single-family cottages for students at the University of Georgia. The company completed several projects in Athens and at other southeastern universities prior to the Great Financial Crisis (“GFC”). At the same time, Landmark built a team of development, construction, property management, and asset management professionals, resulting in its current vertically-integrated platform.During the GFC, Landmark maintained a substantial balance sheet and aligned itself with institutional capital, allowing it to continue developing in a time when others could not, leaving the company well-positioned as the crisis came to an end. In 2012, in response to customer demand, Landmark began developing mid-rise and high-rise assets, which comprise the majority of the company’s assets today. Landmark continues to develop student cottages, but it has become increasingly difficult to identify sites that are both proximate to major universities and large enough to support an institutionally sized cottage asset.While student housing remains Landmark’s core business, the company recognizes the value in diversifying its asset base. In 2020, Landmark launched its build-to-rent division, which capitalizes on the company’s past experience in developing and operating rental homes.Work EnvironmentThe work environment characteristics described herein are representative of those an employee encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. The noise level in the work environment is usually moderate.Travel: Willingness and ability to travel 5-10 nights per monthPhysical DemandsThe physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.While performing the duties of this job, the employee is frequently required to stand; walk; sit; use hands to finger, handle, or feel; reach with hands and arms; climb or balance; stoop, kneel, crouch, or crawl and talk or hear.Specific vision abilities required by this job include close vision, distance vision, peripheral vision, depth perception, and the ability to adjust focus.The employee may infrequently drive a vehicle (intrastate and interstate travel) or be subject to air travel for purposes of Company business.
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