Job Description

Role Description

The Development Manager primarily supports Core Acquisitions' Development and Construction departments, with a secondary focus on the Acquisition and Asset Management team. This role will contribute in all aspects of the development process from site evaluation, underwriting and tenant procurement through design, entitlement, construction, tenant installation and building disposition. The Development Manager will be a key representative of the firm for interactions with landowners, municipal officials, consultants, contractors, tenants, brokers, and investment partners. This role offers an exciting opportunity to make meaningful contributions to an established and fast growing best-in-class boutique development and investment company. The Development Manager should have relevant experience in real estate acquisition, development, investment, disposition, and management.

About Core Acquisitions

Core Acquisitions is a Deerfield, IL based boutique commercial real estate investment, development, and property management company. Core focuses on the retail property sector, managing over 4 million square feet of property historically. Since Core’s inception in 2011, Core has acquired 5-10 deals per year utilizing relationship debt and equity sources. Core continues to grow and evolve as a company which allows this position exceptional growth opportunities

Requirements:

• 2 to 4+ years of project management and team leadership
• Strong interpersonal communication skills
• Experience in entitlements and the development process
• Professional knowledge of building construction, civil engineering, and architecture
• Understanding of real estate property and contract law
• Strong financial and underwriting experience
• Commercial tenant lease analysis
• Excellent organizational and multitasking skills

Primary Responsibilities will include:

• Manage design consultant coordination and municipal entitlement submittals
• Point of contact between ownership, consultants, contractors, municipalities, and investment partners
• Assist Development Director, Engineering, Project Managers, and Architects with permitting coordination through issuance
• Manage the project schedule in coordination with the firm’s development team and outside consultants
• Create, distribute, and update project schedules
• Organize in-depth tracking of project pipeline
• Coordinate internal project communication
• Attend any pre-submittal jurisdictional meetings and resolve permitting delays
• Participate in all construction status meetings
• Ensure budget status is clearly communicated to internal team, investment partners and lenders
• Analyze budget to actual costs throughout construction process
• Development proforma underwriting

Compensation will be commensurate with experience. Position will include a competitive base salary and bonus tied to performance. Please submit resumes to coreacqjob@coreacq.com. 

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