CBRE SVP - Development & Investment in Houston, Texas
Accountable for the sourcing, underwriting, and field execution of development and investment transactions, within assigned Business Unit, including site selection, securing entitlements and approvals, budgeting, design, creating and implementing project business plan, capitalizing and monetizing of projects usually under direction of principal-level colleague and in conjunction with development management professionals. Coordinate asset management of assigned portfolio of assets.
Primary responsibility is the oversight and execution of multifamily (apartment) and/or mixed-use related developments on behalf of Trammell Crow Company’s subsidiary, High Street Residential, Inc.
ESSENTIAL DUTIES AND RESPONSIBILITIES
Responsible for identification and gaining control of new business opportunities.
Accountable for the underwriting of the new multifamily and/or mixed-use opportunities and field execution of development and investment transactions within assigned business unit.
Negotiates proposed deal terms from a variety of debt and equity sources for purposes of determining optimal capital structure.
Creates and implements project business plan, securing sites, hiring A&E team, determining project execution, including hiring of management teams, determining project operating budgets, overseeing other team members’ negotiations, etc.
Interacts with capital partners on day-to-day communications regarding project progress.
Develops relationships with, and regularly communicate with other market participants (investors, operators, developers, lenders, engineers, appraisers, etc.) to maintain knowledge of market conditions and opportunities.
Compiles investment packages and manages project through internal investment committee process.
Other duties may be assigned.
DOCUMENT NAME:263001VP, _Sr.D&I.TCC.Docx
AUTHOR NAME/E-MAIL ADDRESS: mailto: [email protected]
This is an official Trammell Crow Company Human Resources Document and is intended for internal distribution to company employees only. Any external use or distribution of this document is prohibited without the express approval of the Human Resources Department. This job description has been designed to indicate the general nature and level of work performed by employees in this classification. It is not designed to contain or be interpreted as a comprehensive inventory of all duties, responsibilities and qualifications required of employees assigned to the job.
Manages the planning, organization, and controls for a major project, functional area, or department. May be responsible for a mix of direct and matrix reports. Recommends recruitment, selection, promotion, advancement, corrective action, and termination of direct reports to next level management for approval. Monitors appropriate staffing levels and reports on utilization and deployment of human resources. Leads and supports staff in areas of staffing, selection, training, development, coaching, mentoring, measuring, appraising and rewarding performance and retention. Leads by example and models behaviors that are consistent with the company’s values.
To perform this job successfully, and individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
EDUCATION and EXPERIENCE
Bachelor’s degree in business, engineering, or architecture from an appropriate 4-year college program (advanced degree in Law or MBA preferred). Typically, at least 8-10 years of experience in commercial real estate with strong financial and marketing orientation. Should also have a demonstrated ability to lead profitable development projects.
CERTIFICATES and/or LICENSES
Ability to comprehend, analyze, and interpret the most complex business documents. Ability to respond effectively to the most sensitive issues. Ability to write reports, manuals, speeches and articles using distinctive style. Ability to make effective and persuasive presentations on complex topics to employees, clients, top management and/or public groups. Ability to motivate and negotiate effectively with key employees, top management, client groups, sellers, and lenders of real estate to take desired action.
Requires in-depth knowledge of financial and real estate terms and principles. Reviews complex financial/business/investment analyses and reports prepared by subordinates. Ability to analyze the most complex business/financial data and develop innovative solutions. Develops and implements financial policies and procedures. Approves and oversees department/division budget.
Ability to solve advanced problems and deal with a variety of options in complex situations. Requires expert level analytical and quantitative skills with proven experience in developing strategic solutions. Draws upon the analysis of others and makes recommendations that have a direct impact on the company.
OTHER SKILLS and/or ABILITIES
SCOPE OF RESPONSIBILITY
Decisions made with in-depth understanding and interpretation of procedures, company policies and business practices to achieve complex results. Responsible for setting project, department and/or division deadlines. Errors in judgement may cause long-term impact to line of business and/or overall company. Responsible for all project-related business decisions.
Equal Opportunity and Affirmative Action Employer Women/Minorities/Persons with Disabilities/US Veterans
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