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Vice President, Multifamily Development

Company: Touchmark
Location: Beaverton
Posted on: November 20, 2022

Job Description:

Touchmark Development & Construction directs the creation of all Touchmark communities in order to maintain our award-winning standards of excellence across all locations, projects, and partnerships. It is with good reason that the Touchmark name has become synonymous with excellence, desirability, and value. We have worked hard to achieve and maintain an exceptional track record for building impeccable communities and partnerships, and we are proud of the sterling reputation we have earned within the senior housing industry. Touchmark is unique in that we build, own, and operate our retirement communities, allowing us to design and continue utilizing them to deliver on our mission and achieve our goals for enriching lives.As the Vice President, Multifamily Development, this leader will grow and manage all facets of Touchmark's multifamily ventures. Successful performance will require the ability to provide vision and structure to a new business unit, provide leadership in a team environment, utilize excellent communication and analytical skills, and to think and act proactively. A strong work ethic, interpersonal skills and entrepreneurial attitude is essential to the success of this role.ESSENTIAL FUNCTIONS:Vision:--- Take the lead in developing growth strategies for division.--- Along with Touchmark leadership, plan, implement and monitor overall project goals as they relate to vision, program, budget, schedule and quality and provide regular updates and metrics benchmarking these goals and proactively report on potential issues that may affect successful completion of the project.--- Seamlessly transition project from development, through operations start-up, and into stabilization.Team:--- Direct the internal project team and outside professionals in creating an effective strategy for the success of all projects and implement that strategy.--- Directly foster and manage relationships with governing agencies. Work with consultants and contractors to maintain relationships while minimizing cost impacts due to governmental requirements. Seek ways to work cooperatively to minimize such costs as offsite infrastructure improvements and SDC's.--- Manage the selection process and administer property management team, through start up to stabilization. Ensure smooth transition from construction to operations.Proforma and Budgeting:--- Identify market-specific economic and demographic data, rental comparable information, construction cost estimates, local permit and fee costs and local supply and demand statistics.--- Develop budgets of project costs as required for feasibility studies, financing, and project management purposes. These budgets are expected to be realistic evaluations of project costs that provide effective management tools for making investment and financing decisions relative to the project.--- Update the budget and project cost forecasts regularly to reflect changing project parameters. Identify cost overrun potentials and scope creep, and manage value engineering processes as necessary to keep project estimates within budget.Schedule:--- Develop and maintain master project schedules that reflect the entire development process and manage the project team to ensure that scheduled tasks are completed in accordance with the project schedule.--- Establish with the contractor a construction schedule that incorporates required activities of all members of the project team, including marketing and operations.Operations:--- Lead sales and marketing operations with local experts.--- Develop property management strategy from "included in rent" offerings to resident portals.--- Oversee property management team and ensure they are delivering maximum value to Touchmark and residents.--- Lead yearly budgeting and forecasting analytics for division.REQUIRED QUALIFICATIONS:--- Bachelor's degree in Real Estate, Construction Management, Engineering or Architecture. Finance or Business degrees will be considered if accompanied by additional experience in real estate.--- 10+ years job experience in project development including entitlement, financial modeling and management of design and construction.--- Significant experience developing ground-up large scale, multi-family projects is a requirement.--- Exposure to multi-family operations is a requirement.--- Experience in maintaining compliance with jurisdictional laws to construction and licensing.--- Strong analytical skills including project financial projections, creating support for financial feasibility studies and cost forecasting.--- Ability to travel on multi-day trips as job needs dictate.BENEFITS:Touchmark is dedicated to providing the best for our residents, and it all begins with providing the best for our employees. That's why we offer a competitive compensation and benefits package to our team members who work 30+ hours per week which includes:--- Paid time off (including holidays)--- Health, dental, and vision insurance plans for employees and eligible dependents--- Education assistance--- Bonus and retirement plans--- Health care, dependent care, and commuter Flexible Spending Accounts--- On-Demand Pay allows you to access pay as you earn it--- Employee Assistance Program--- Supplemental insurance optionsAt Touchmark, we have the privilege of providing a safe home environment for residents. With this in mind, we require all employees to be vaccinated against COVID-19. A copy of the vaccination policy will be provided upon request.We are looking to hire individuals whose values align with ours and who believe in doing everything they can to lead by example in safety, compassion, and empathy. If that sounds like you, we encourage you to apply.Check us out at're growing. Are you?IND600

Keywords: Touchmark, Beaverton , Vice President, Multifamily Development, Executive , Beaverton, Oregon

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