MANAGER, REAL ESTATE DEVELOPMENT
Why Merus?
Formerly known as Al. Neyer, Merus combines more than 130 years of commercial real estate expertise with an integrated team of company owners. We specialize in the construction, development, ownership, and management of a diverse portfolio of real estate assets across a growing footprint in the eastern U.S.
We’re all owners here. This not only sets us apart but deeply influences our culture and operations. Every team member demonstrates a deeper sense of ownership and accountability — in both their daily tasks and the collective success of the organization. Learn more about our culture at
www.merus1894.com.
Summary Of Responsibilities
We are seeking a self-starting Real Estate Development Manager who thrives in a dynamic environment where opportunities abound. A professional who respects process and structure but is driven to land deals and work hard to achieve this. Tough deals are your forte and you enjoy the chase of the deal. If you are proactive, and assertive, with a competitive drive to achieve the goals you set for your personal success, this role is for you. You are motivated by financial rewards, take charge of situations and processes, and get things done quickly and thoroughly. You thrive in settings that recognize and celebrate outstanding performance, allowing you to think ahead, act swiftly, and innovate. If you are a disciplined leader who is results-oriented and motivated to succeed, we want you on our team!
As a manager, you’ll lead the development process, including developing concepts and budgets, coordinating due diligence, zoning issues, and compiling all information in association with the Business Development Leader. You’ll oversee progress and act as the owners’ representative during the construction phase for signed projects and facilitate seamless transitions of completed projects to operation and management.
Essential Job Functions
- Drive the complete due diligence process (soils, Phase I, environmental surveys, title etc.), compile information and budgets for feasibility/pro-forma analysis, monitor project budgets
- Present project information and feasibility analyses for internal approval
- Investigate zoning regulations for prospective land acquisitions/uses and coordinate necessary rezoning procedures
- Coordinate site plan/governmental approvals for signed developments. Lead presentations to government bodies as necessary
- Lead the project team on lease, purchase agreement, contract negotiation and miscellaneous project documentation
- Serve as “Owner’s Rep” for bidding, buy out and construction of signed projects
- Communicate project requirements to internal teams; facilitate meetings upon project transition to construction and / or operation
- Coordinate or facilitate meetings with tenants and design/build contractors as necessary
- Monitor construction scheduling and budgets of Merus owned managed projects and process pay requests and change orders for internal and lender’s funds
- Prepare project reports on a regular basis
- Perform site inspections to assure conformance to developments plans and specs
Essential Competencies
- Drives Results - Consistently achieving results, even under tough circimstances.
- Communicates Effectively - Developing and delivering multi-mode communications that convey a clear understanding of the unique needs of different audiences.
- Decision Quality - Making good and timely decisions that keep the organization moving forward.
- Directs Work - Providing direction, delegating, and removing obstacles to get work done.
- Manages Conflict - Handling conflict situations effectively, with a minimum of noise.
- Ensures Accountability - Holding self and others accountable to meet commitments.
Position Requirements
- Enthusiastic, entrepreneurial and outgoing individual with the drive to take initiative and work both independently and collaboratively with a team
- Ability to manage multiple priorities in a fast-paced environment, while maintaining strong attention to detail
- Proficient skill to analyze data and make recommendations to a diverse audience, both internally and externally
- Aptitude to use critical thinking to solve complex problems and address them directly and timely
- Excellent verbal and written communication skills; communicate professionally with external partners, including planning commissions/other government bodies, as well as internal teams of executives and colleagues
- Ability to coordinate outside vendors, particularly in the due diligence process
- Familiarity with principles of real estate finance and real estate financial models
- Maintains professional and technical knowledge by attending educational workshops, webinars, reading professional publications; establishing personal networks; participating in professional organizations
Qualifications And Experience
- 3-5 years of experience in commercial real estate experience in development, finance or civil engineering.
- Bachelor’s Degree in either Business, Finance, Civil Engineering, Law or Planning required
- MBA and/or JD preferred
Safety Hazard of the Job
Normal safety hazards associated with office work, and with occasional observational visits to construction sites.
Physical Demands
Low physical effort required to sit, stand at files, bend, stoop, lift, and walk. Maximum unassisted lift is 35 lbs. Average lift is less than 10 lbs. Requires ability to use a keyboard and monitor. Also requires the ability to communicate verbally, both in person and on the telephone. May require some travel by car.
Environmental Requirements
Average inside office environment. Average office noise levels. No personal protective equipment is required. Ambient temperature is between 68F and 76F.
This job description is not intended to be all-inclusive. The employee will also perform other reasonably related business duties as assigned by their immediate supervisor and other management as required. This job description is not a contract or offer for employment, and either you or Merus may terminate employment at any time for any reason.
