Development Vice President (Bilingual Spanish Required)

CIM Group

(Los Angeles, California)
Full Time Travel Required
Job Posting Details
About CIM Group

CIM Group® is a premier full service urban real estate and infrastructure fund manager with approximately $20.5 billion of assets under management. Since its founding in 1994, CIM has been a process- and research-driven investor that mitigates risk through the fundamental analysis of the long-term drivers in communities.

Summary

The responsibilities of the Vice President, Development include managing all phases of the development and/or redevelopment of assigned properties from the time of initial due diligence & site acquisition through stabilized occupancy.

Responsibilities
  • Assess feasibility for potential site (both land and existing property) acquisitions including: property condition, entitlement probability, financial and market analysis, initial product identification, environmental studies, engineering and land use studies, etc.
  • Responsible for managing and overseeing the planning and entitlement process, including representation before municipal and other regulatory boards, working with land use attorneys, land planners, architects, engineers and other consultants, and local officials.
  • Primary responsibility for administering design and construction contracts, establishing scope, pricing, performance, and adherence to budget and schedule.
  • Responsible for preparing well-written and documented packages for development/acquisition/disposition activities
Ideal Candidate
  • Bachelor’s Degree in business, real estate and/or finance, architecture or urban planning or related major.
  • Bilingual Spanish required
  • Frequent travel to Latin America required
  • Minimum of 10 years work experience in real estate development related fields including construction, finance, architecture, urban planning, government regulatory agencies, campus management, project management, with priority given to development managers in real estate organizations.
  • Demonstrated knowledge of the market dynamics and real estate values in a given area/region.
  • Significant experience in conceptualizing, site planning, programming and executing development of mixed-use, office, retail and multi-family projects
  • MRED preferred.
Compensation and Working Conditions
Benefits Benefits included

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Los Angeles, California
Skills Desired
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  • Conceptualization
  • Construction
  • Financial Analysis
  • Market Analysis
  • Programming
  • Project Management
  • Real Estate Management
  • Market Dynamics
  • Real Estate Development
  • Site Planning

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