The Development Assistant Manager will be responsible for supporting the day-to-day real estate development activities of the company and pursuit of new development opportunities
A. Roll- Out
- Develop the annual Roll-Out plan for the projects in coordination with the relevant departments.
B. Project Initiation and Product Development
- Analyze potential land opportunities for optimal positioning in the market relative to competition and assessing market potential based upon demographic variables and relative market share.
- Manage all aspects of the due diligence process including but not limited to feasibility studies, geotechnical evaluations, environmental assessments and surveys.
- Develop the projects design brief covering the project’s vision, usages, targeted areas, products mix and architectural look and feel.
- Coordinate the development of the financial models providing all relevant assumptions.
- Create and maintain high-level project development schedule for the duration of the project and report project status to Chief Development Officer at requested intervals.
- Assist with the preparation of RFPs, consultant bids, reviews and manages consultant and building construction contracts /contractors.
- Manage the bidding process with the design team and approved general consultants and contractors.
- Manage the concept and schematic design process to ensure compliance with the design brief, regulatory developments conditions, budgets, schedules, financial studies, and design standards.
- Lead and manage network of engineers, architects and other consultants in guiding each project through its governmental approvals process to obtain all permits/approvals required for a project.
C. Launch Preparation
- Coordinate with the design and technical departments to ensure all relevant governmental approvals are obtained.
- Coordinate with the design and marketing departments to ensure all the relevant marketing material is ready including but limited to masterplan, floor plans, cut sheets, prototypes renders and lifestyle renders.
- Prepare the priced inventory sheet in coordination with the sales department.
- Reviews the clients’ sales contracts in coordination with the legal department.
- Provide the sales operations department with the full launch pack including but not limited to the priced inventory, products specs and designs.
- Conduct the sales training presentation for the sales team to brief them about the project and its relevant products.
- Prepare and conduct presentations for the existing and potential projects.
D. Project Progression/ Delivery
- Monitor the sales absorption rates and analyzing it to form the basis for future developments or to enhance the current ones if needed.
- Manage all dates and processes within a project to ensure the project progresses as anticipated including but not limited to critical dates within development agreements, purchase agreements, permitting, construction and clients’ delivery dates.
- Manage clients’ requests received through the sales team.
E. Market Review
- Gather data about consumers, competitors, and market conditions.
- Devise and evaluate methods for collecting data, such as surveys, questionnaires, and opinion polls.
- Monitor and forecast marketing and sales trends, identify trends and insights, generate actionable outcomes based on insights and present findings to the Top Management.
- Measure the effectiveness of marketing programs and strategies.
Requirements
- 4-6 years of experience in development, ideally with an emphasis in residential real estate.
- Proficient in Microsoft Office, Excel, Word and Outlook