Real Estate Development

Company: The Crown Group, Inc
Location: Hoffman Estates
Posted on: May 12, 2022

Job Description:

Job Description The Crown Group, Inc COMPANIES OVERVIEW: The Crown Group, Inc. is a commercial real estate development and brokerage firm founded in 1984 by Mark Lambert and Craig Whitehead, former executives at Rubloff Inc. Since its inception, the firm has orchestrated the development of projects totaling over $594 million in value. Projects have included mid-rise and single story office buildings, both speculative and build-to-suit; retail projects ranging from strip centers to community centers with a preponderance of grocery and drug store build-to-suits, a mix of manufacturing and warehouse facilities, and lastly, a senior supportive living facility. At The Crown Group, Inc., the importance of forming long-term relationships with clients and maintaining "hands-on", direct involvement with each project is stressed. As a result of this philosophy, the organization has grown by the careful addition of individuals who complement and enhance the development team. DEVELOPMENT MANAGER JOB DESCRIPTION: This is an exciting opportunity to join the team in a period of strategic growth as a Development Manager.The Crown Group , is looking for a self-driven individual with aspirations for personal growth and future advancement to perform the following: PRIMARY RESPONSIBILITIES: Assist in the identification of new markets and potential sites for future projects. Assist in contract preparations and negotiations of potential sites Research site location costs (i.e. impact fees, building permits, insurance, tax implications, etc.) Underwrite and model potential opportunities to determine project viability and value Market Research (i.e. trends, pricing, occupancy, costs, rental rates, utility information, etc.) Coordinate and Review third party due diligence (i.e. environmental, Geotech, survey, engineering, architectural, design, marketing, etc.) Participate in the completion of zoning, development plan and other required approvals from local and state municipalities Assist in the preparation and submission of both initial and final Tax Credit Applications and various other financing applications Assist in completing required reports to state housing finance agencies Assist with the closing due diligence process with debt and equity partners Prepare and present investment committee packages for executive level review Assist in the preparation of presentations for community meetings and government approvals Contribute in all phases of the deal and have an understanding of the project from sourcing through stabilization Other duties as assigned CORE COMPETENCIES: Accountability Accepts personal responsibility for quality and timeliness of his or her work Communication Communicates well both verbally and in writing Consistency Consistently follows documented procedures and suggests changes/updates when appropriate Teamwork Builds good relationships and rapport with customers, peers, supervisors, and managers throughout the organization Requirements QUALIFICATIONS AND REQUIREMENTS: Must be an organized, entrepreneurial leader with attention to detail and strong analytical, time management and problem-solving abilities Must possess excellent verbal and written communication and be able to multitask efficiently in a fast paced work environment Experience with financial modeling, market research, and real estate valuation strongly preferred Bachelor's Degree or equivalent, ideally in Business, Real Estate, Finance, Architecture, Urban Planning, Engineering, or a similar field with at least 2 years experience Ability and willingness to travel Benefits BENEFITS: Health care insurance plans: Medical, Dental, Vision 401k Plan with matching benefits Paid Time Off Paid Volunteer days Paid corporate Holidays Transactional bonus structure

Keywords: The Crown Group, Inc, Hoffman Estates , Real Estate Development, Accounting, Auditing , Hoffman Estates, Illinois