This is an opportunity to play an integral role within the organization as Simon continues to evolve our “best in class” real estate into the next generation of destination mixed-use environments. The successful candidate will be at the forefront of Simon’s efforts to transform key real estate assets from retail only to mixed-use environments, including retail, residential, hospitality, office, entertainment town centers.
PRINCIPAL RESPONSIBILITIES:
The successful candidate’s responsibilities will include, but not be limited to:
- Lead financial feasibility for new multi-family residential developments and redevelopment opportunities while coordinating with retail development, leasing, construction, legal, finance, accounting, tax, operations, and property management.
- Coordinate preparation of development programs on selected properties based on market conditions, site and zoning analysis, and economic analyses, and all related due diligence.
- Assist in preparation of presentations for executive meetings, ownership meetings and public meetings.
- Facilitate projects and consultants through point of completion. Coordinate project teams consisting of attorneys, engineers, planners and architects.
- Manage expenditures of committed funds within project budgets and schedules in accordance with company policies and procedures.
- Assist with special projects as required and creatively seek ways to enhance Simon’s portfolio and processes.
- Perform other duties as assigned.
SKILLS AND ABILITIES:
- A natural leader and team player with a style to operate effectively within a fast-paced culture.
- Strong communication, relationship building, and interpersonal skills with an ability to manage a large and diverse team. Ability to effectively communicate with all internal and external stakeholders including joint-venture partners, tenants, architects, engineers, and other third parties, finance and marketing professionals, contractors, and executives within the organization.
- Strong negotiating and deal structuring.
- Ability to think creatively to problem solve, challenge ideas, and balance conflicts.
- Ability to understand survey, civil, and architectural drawings.
- Ability to understand prepare development proforma and understand financial statements.
- Ability to use computer software/hardware to prepare and present financial, economic, and other data for project proformas and other analytical reports.
- Must be willing to travel as required to properties
MINIMUM QUALIFICATIONS:
- 8+ years of real estate development, finance, accounting, or legal experience in multi-family residential industry.
- Experience with diverse real estate sectors (e.g., retail, office, residential, hospitality, etc.).
- Knowledge and experience processing land use entitlements in multiple jurisdictions.
- Bachelor’s degree in real estate, finance, construction management, architecture or engineering desired; Masters, MBA, or Law degree preferred.