Principal, Multifamily Development

ARES OPERATIONS

Southern California, US
Base: $250,000.00; bonus/equity: discretionary per...
10+ years multifamily real estate development experience
Proven record of sourcing and closing deals
Expertise in financial underwriting and capital stack analysis
This Market Leader will be responsible for the financial performance of the Southern California market through the identification, closing, and execution of development deals

Job Summary

  • This Market Leader will be responsible for the financial performance of the Southern California market through the identification, closing, and execution of development deals.
  • The role requires a dynamic individual to provide strategic leadership and management to all talent within the market office while cultivating key broker and owner relationships.
  • The firm offers robust benefits including comprehensive medical plans, a 401(k) program with company match, and access to mental health and financial wellness resources.

Matching Summary

This Market Leader will be responsible for the financial performance of the Southern California market through the identification, closing, and execution of development deals.

Salary

Base: $250,000.00; Bonus/Equity: Discretionary performance-based bonus; Benefits: Comprehensive Medical/Rx, Dental, Vision, 401(k) match, HSA, Life Insurance, LTD/STD, EAP, Commuter Benefits

Skills & Requirements

Must-have

  • 10+ years multifamily real estate development experience
  • Proven record of sourcing and closing deals
  • Expertise in financial underwriting and capital stack analysis
  • Ability to negotiate purchase agreements and entitlements
  • Experience presenting to Investment Committees

Nice-to-have

  • Strong relationships with brokers and owners
  • Knowledge of architectural and construction processes
  • Willingness to travel within the region
  • Leadership skills for mentoring market office teams
  • Familiarity with diverse multi-family design methods

Key Requirements

  • Bachelor's degree required
  • 10+ years relevant multifamily development industry experience
  • Thorough capability executing legal documents and entitlements

Work Rights

Not specified

Tailored Resume

Cover Letter