Director/Senior Director

Tishman Speyer creates vibrant destinations and dynamic environments that inspire innovation and connected communities. As a diversified developer, operator, and investment manager of top-tier real estate in 33 markets across the globe, our business choices are driven by the belief that real estate should unlock human potential. Tishman Speyer’s diversified portfolio spans market rate and affordable residential communities, premier office properties and retail spaces, industrial facilities, and mixed-use campuses. We create state-of-the-art life science centers through our Breakthrough Properties joint venture, and foster innovation through our strategic proptech investments. By combining global perspective with local expertise, and a personalized approach, we are able to anticipate our customers’ evolving needs. We were the first real estate company to introduce asset-wide amenity services through our ZO platform, and the first traditional real estate company to create its own flexible space and coworking brand, Studio.

Since our founding in 1978, Tishman Speyer has acquired, developed, and operated 522 properties, totaling 218 million square feet, with a combined value of over $129 billion (U.S.). Tishman Speyer currently has approximately $68 billion in assets under management, including iconic properties such as Rockefeller Center in New York City, The Springs in Shanghai, TaunusTurm in Frankfurt, and Mission Rock in San Francisco.

Summary of the Position:

The Director/Senior Director will report directly to the Head of US Residential Development and the Regional Director- Boston & Washington DC and will be located in Tishman Speyer's regional office in Washington DC. This individual will be responsible for overseeing and executing on our residential development project and also play a broader role in the future in acquisitions.

Key Responsibilities:

• Coordinate all aspects of the development process for assigned project(s).
• Develop, implement, and communicate overall TS Development strategy that maximizes the return on investment for TS
  • Coordinate with all TS functions to formulate strategy and requirements
• Determine initial project capital/partnership structure options for new acquisition opportunities and review internally and externally
  • Conduct meeting with clients/ stakeholders/ investors to present development plan, strategy
  • Negotiate documents, confirm development plan, strategy
• Liaise with internal teams such as engineering, finance, accounting, tax, design and construction, leasing, marketing, through project completion.
• Manage development site analysis, assessment/feasibility including review relevant site documents, meet with various public entities, conduct periodic site and neighborhood visitations
  • Meet with consultants and attorneys re: zoning possibilities and limitations, review studies and diagrams, confirm basic configurations
• Establish development options and proforma analyses
  • Confirm basic market assumptions with brokers and market experts
  • Identify architect and appropriate consultants and meet to review programming assumptions
  • Review preliminary development options internally, establish project timeline and budget
• Manage site assemblage/acquisition/contract negotiations
  • Determine and confirm capital source for land acquisition with internal team
  • Confirm land value through market information and negotiate with landowner
  • Review due diligence and draft documents including purchase and sales agreements and execute
  • Conduct internal review and public review process
• Provide overall department strategy and day to day direction
• Meet with clients/ stakeholders/ investors and consultants on an ongoing basis
  • Review key strategic issues with clients/ stakeholders/ investors
  • Conduct meetings, negotiations, budget reviews, cost updates
  • Monitor interim lease/relocations
• Research/explore new business opportunities
  • Meet with brokers, consultants, property owners to identify development and acquisition opportunities
  • Meet with relevant city authorities to explore possible development options
  • Review market information, conduct site visits
  • Review response to RFPs

Key Skills & Qualifications:

• Bachelor’s degree in business, management, architecture, or related field
• A minimum of 8-10 years of experience in real estate development with significant experience in luxury residential development
• Experience working with a major national or regional developer preferred
• Proven track record of managing all aspects and completing complicated, high-profile, large scale real estate development projects in urban infill locations; previous direct responsibility for handling the entire development process– from site control, through closing, programming the site, securing entitlements and executing the development plan and coordination with the construction and operations teams
• Demonstrated leadership and teamwork skills; experienced manager of internal and external teams on development projects
• Strong communication, interpersonal and networking skills. Ability to build and leverage relationships within the community and industry

Additional Skills:

• Ability to read and understand complex legal contracts and financial documents
• Possess broad base of knowledge in finance, Architecture & Engineering, legal, construction, leasing, and community and government approvals
• Knowledge, experience and track record of complex transactions, leases, deal structuring and funding models; a sophisticated understanding of the financial aspects of complex, mixed use development projects with complex project debt and equity waterfall structures
• Financial acumen; must be well-versed in completing project proformas and analyzing deals, and articulate, both orally and in written form, the case for a specific project
• Excellent organizational and time management skills
  • Able to work with time sensitive, detail-oriented material and meet multiple deadlines
  • Experience managing multiple projects successfully through constantly changing priorities
• Be able to think critically and creatively and execute sound judgment
• Excellent computer skills; must be very literate in Excel, Word, Power Point, and Outlook

The base compensation range for this role is $160,000 to $225,000. This role is also eligible for a discretionary annual bonus, as well as access to our comprehensive medical, dental, and vision insurance, life and disability insurance, 401(k) plan (with matching contributions), wellness benefits and all other benefits afforded to full-time Tishman Speyer employees.

This base range reflects a number of factors including, but not limited to, relevant experience, skill sets, and/or licensure required of an individual in this particular role. The base range is also specific to members of Tishman Speyer’s DC team, as we’ve considered factors specific to this geography.

Tishman Speyer is deeply committed to creating and maintaining a diverse workforce which promotes different views and perspectives. We expect our leaders and employees alike to champion diversity and inclusion practices. Tishman Speyer has several employee affinity and interest groups that provide employees opportunities to develop professional relationships across the business and identify opportunities for development and advancement.

We are proud to be an Equal Opportunity Employer and treat all applicants for employment equally based upon job-related qualifications and without regards to race, color, age, sex, sexual orientation, gender identity, gender expression, marital status, military or veteran status, national origin, disability, religion, or any other characteristics protected by law.

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Tishman Speyer is an equal opportunity affirmative action employer and administers all personnel practices without regard to race, color, religion, sex, national origin, sexual orientation, gender identity or expression, disability, protected veteran status or military status, or any other category protected under applicable law. Tishman Speyer is committed to taking affirmative steps to promote the employment and advancement of minorities, women, persons with disabilities and protected veterans.

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Disability Assistance - Tishman Speyer is committed to being an Equal Opportunity Employer and offers opportunities to all job seekers, including job seekers with disabilities. If you are a qualified individual with a disability or a disabled veteran, you may request a reasonable accommodation if you are unable or limited in your ability to use or access the Company’s career webpage as a result of your disability. You may request reasonable accommodations by sending an email to RecruitingAccommodations@tishmanspeyer.com