Location
Brookfield Place New York - 250 Vesey Street, 15th Floor
Our Company
At Brookfield Properties, the foundation of our success is firmly rooted in our people.
Our company is comprised of experts across a range of specialties who share a goal of ensuring our properties are continuously evolving to meet the needs of our communities and stakeholders. To meet this goal, we hire visionary, entrepreneurial talent who help us innovate and enhance our business. We build collaborative teams who value integrity, creativity and diversity.
Our teams operate an iconic portfolio of irreplaceable properties within the world's most dynamic markets. As one of the largest real estate services companies, we provide management and development expertise exclusively for properties owned by Brookfield Asset Management.
Job Description
We Are Brookfield Properties:
At Brookfield Properties, our people are the foundation of our success.
We are seeking a Vice President of Development to join Brookfield Properties with a focus on the Southeast Region of the U.S. - Office location flexible. In this role, you will play a key role in inspiring change and continual improvement. If you are committed to excellence and ready to contribute to a dynamic culture, we would love to meet you.
Role & Responsibilities:
Develop, maintain, & report on financial models for current & prospective development projects
Prepare economic analysis including: DCF projections, return sensitivities, market analysis, lease terms, equity investments, debt structures, etc.
Prepare presentations & reports for public agencies, partners, & internal management
Collaborate with the senior leadership team to develop & evaluate multiple scenarios for each development opportunity
Track project budgets & prepare reports for internal FP&A team; help to set project-related tasks, milestones, & meeting schedules during acquisitions, predevelopment, entitlements, & construction
Support the acquisitions team in underwriting new development & investment opportunities, preparing financial models & performing due diligence
Assist the asset management & leasing teams in pursuing tenants & during lease negotiations
Engage with & help oversee the workflow of architects, engineers, general contractors & other consultants & service providers
Develop & maintain strong working relationships among all stakeholders in the development process, including government officials, community groups, public & private investment partners, land use attorneys, etc., & take an active role in preparing & presenting materials for public meetings
Prepare investment memorandums for the senior leadership team
Coordinate information exchange with regional offices & multiple company divisions such as: Acquisitions, Financing, Design and Construction, Leasing, Asset Management, Legal, & Marketing
Research & maintain market data for core office markets & core tenant industries
Research & summarize identified project constraints such as zoning & land use regulations; develop expertise in all relevant local regulations & trends
Assist in preparing annual business plan strategic goals & objectives
Assist in preparing annual department & project/programming budgets
Identify project risks & help create strategies to offset them & achieve project goals
Assist in preparing project development timelines & obtaining public approvals
Act as an ambassador with neighborhood organizations & external groups
Your Qualifications:
Bachelor's degree in related major, graduate degree a plus
10 years relevant commercial real estate transaction & financial analysis experience
Advanced proficiency in Microsoft Excel & ARGUS Enterprise software experience a plus
Excellent interpersonal, analytical, & strategic problem-solving abilities
Strong written & verbal communication skills
Ability to work as part of a team
Ability to compellingly articulate ideas, arguments, & recommendations
Ability to handle large volumes of work; good organizational skills, & ability to manage workflow, prioritize, & meet deadlines
Self-motivated & proactive with respect to managing deliverables & own professional development
Your Career @ Brookfield Properties:
At Brookfield Properties, your career progression is important to us. As a successful employee, you will have the opportunity to grow within your team, department, and across the Brookfield organization. Our leadership teams are dedicated to the accomplishments of their employees. We also invest time into training and developing our people.
End your job search and find your career today, at Brookfield Properties.
Why Brookfield Properties?
We imagine, create, and operate on a foundation of values to build a better world, together. Brookfield Properties strives to create spaces where going to work never feels routine. As a Brookfield Properties employee, you will enjoy many benefits such as 401K matching, tuition reimbursement, summer Fridays, paid maternity leave and more. There is also a generous employee referral program because we want our existing team members to help us build a more diverse workplace through their networks.
Compensation & Benefits:
Salary Type: Exempt
Pay Frequency: Bi-weekly
Annual Base Salary Range: $240,000- $260,000
Medical & Pharmacy Coverage: Yes, under Brookfield Medical Plan
Dental Coverage: Yes, under Brookfield Medical Plan
Vision Coverage: Yes, under Brookfield Medical Plan
Retirement: 401(k)
Insurance: Employer-paid life & short/long term disability
Brookfield Properties is an equal opportunity employer, and we foster an inviting, inclusive and collaborative environment.
We are proud to create a diverse environment and are proud to be an equal opportunity employer. We are grateful for your interest in this position, however, only candidates selected for pre-screening will be contacted.
At Brookfield Properties, our success starts with our people. People like you. We develop, operate, and manage more than 1100 properties and 370 million square feet of real estate across the globe. It's a feat that wouldn't be possible without our team, a diverse group of creative visionaries and innovative experts who are relentless in pursuit of one goal: to ensure our buildings don't simply meet the needs of our tenants, residents, and communities - but exceed them, every day.
