Job description
Join to apply for the Managing Director role at Trammell Crow Residential.
The Managing Director will be responsible for identifying and managing the development of new market-rate multifamily rental opportunities in the Nashville market. The position will focus on growing TCR’s business in the target submarket through pursuing profitable development opportunities. The Managing Director will be supported by TCR’s development, asset management, and construction teams, acting as the primary interface throughout the project lifecycle.
Primary Responsibilities
- Identify, pursue, and negotiate potential multifamily development opportunities, leveraging relationships with brokers, land sellers, homebuilders, and investors.
- Oversee the due diligence process, coordinating with internal teams and external parties.
- Execute and manage pre-development feasibility assessments, acquisitions, design, development, asset management, and dispositions.
- Lead equity and debt financing for pipeline opportunities.
- Monitor development and construction processes to ensure projects are completed on schedule.
- Conduct site investigations, financial feasibility studies, project budgeting, and meetings.
- Manage division cash requirements, expenditures, and project budgets.
- Monitor schedules to meet landowner, development, and construction goals.
- Perform asset management functions to maximize property value and prepare for sale or disposition.
- Build and lead the Nashville team as needed.
Desired Skills & Experience
- Bachelor’s Degree in Business, Finance, Real Estate, or equivalent; Master’s Degree preferred.
- 8+ years of relevant development or acquisitions experience, with 5+ years in Nashville’s market-rate multifamily sector; ground-up development experience preferred.
- Experience with Nashville permitting, zoning, and entitlements.
- Experience coordinating multiple consultants and third-party vendors.
- Proficiency in MS Office Suite (Excel, Word, PowerPoint, Project).
- Experience tracking budgets, change orders, and construction reports.
- Customer-oriented mindset with excellent communication, interpersonal, and presentation skills.
- Understanding of site selection and submarkets.
- Underwriting and market analysis expertise.
- Analytical skills with general knowledge of design, architecture, construction, and development.
Additional Details
- Seniority level: Executive
- Employment type: Full-time
- Job function: Business Development and Sales