Job Description

Who We Are

Cedar Coast is a real estate development and investment firm located in Vancouver, BC with a portfolio of 34 active projects across British Columbia, Oregon, Washington, and North Dakota. Our projects include residential housing communities, apartment complexes, and light industrial buildings. More importantly is what we're all about! We are a dynamic, fast-paced, collaborative organization. We believe in successful outcomes for everyone - including our team members. At Cedar Coast you can expect an environment that empowers driven individuals to contribute to our shared objectives. Located in our brand-new office in downtown Vancouver with stunning views spanning English Bay, the North Shore, and SFU, we believe in rewarding team members through compensation, benefits, perks, and a great team to work with.

•Note: Cedar Coast's hybrid work plan requires all team members to be in-office Tuesday through Thursday.•

About the Role

The Development Manager is a key role responsible for oversight of Cedar Coast's U.S. residential development portfolio, consisting of eight master-planned residential communities in Oregon and Washington state. Reporting directly to the COO, the Development Manager will establish and maintain Cedar Coast's business processes for assessing, approving, monitoring, and controlling each phase throughout the entire lifecycle of our U.S. residential development projects. The Development Manager will ultimately be part of Cedar Coast's continued evolution to build a best-in-class development team, ensuring the effective planning and successful performance of our residential projects. The incumbent must be a highly analytical, organized, adaptable individual with relevant development or asset management experience who is able to effectively engage diverse groups of internal and external stakeholders.

Key Responsibilities:

• Implement standardized processes and tools for due diligence, plat/phase releases, vertical construction, financing, and reporting.
• Analyze project and phase Go / No-Go packages, identifying project risks and synthesizing information for Executive team review.
• Assess lot supply to ensure each community's land development pipeline is optimally timed, based on construction and sales pace.
• Assess and report on conditions of approvals, development credits, and other municipal requirements.
• Monitor schedule and cost performance vs. projection of several concurrent land development phases.
• Work with Finance team to analyze project forecasts and cash flow projections, ensuring sufficient project capitalization.
• Provide analysis into land and/or finished lot sales.
• Monitor (vertical) construction activity including pace and production cycle time.
• Analyze profitability of home sales, reporting on costs and profit margins vs. approved budget figures. Perform detailed analysis of construction cost data to identify cost trends and opportunity areas.
• Working with Finance team to ensure alignment between project cost performance and subsequent debt repayments and/or investor distributions.
• Create and/or maintain several tracking documents with key data. Propose improvements to streamline this information.
• Act as a subject matter expert for U.S. residential projects, institutionalizing knowledge and critical information about all projects. Ensure information and artefacts are effectively and efficiently organized to optimize the flow of information throughout the organization.
• Potentially provide management oversight for development of rental apartment project as part of larger master-planned community.
• Identify and implement new methods and tools for organizing and analyzing data to improve efficiency.
• Maintain meeting minutes and notes as required.
• Implement internal tools for improved visibility and efficiency in managing deliverables, tasks, reviews, and other aspects of projects. Support cross-functional teams with coordination of follow-up tasks.
• Work collaboratively with our residential builder partner. Establish a relationship of mutual trust and accountability aimed at performance.
• Perform market research including, but not limited to, general/macro market research as well as competitive research.
• Work with the Financial Planning & Analysis (FP&A) team to implement a process to update each community's proforma no less than annually.
• Prepare detailed and comprehensive updates to Limited Partner investors on a quarterly basis.
• Prepare quarterly internal development reports inclusive of detailed data on all aspects of the community, for internal / Executive review. Propose operational and financial Key Performance Indicators (KPIs) for implementation.
• Perform site visits to the U.S. between two and four times per year.
• Other ad hoc duties as required.

Qualifications, Skills, & Experience:

• Minimum of five years' experience in one or more of; project coordination, development management, project management, or asset management.
• Post-secondary education in real estate, engineering, business, finance, or another related field.
• Project Management Institute (PMI) designation such as PMP, CAPM, PgMP, or PfMP is an asset.
• Knowledge of and experience in real estate development, preferably in residential land development and/or construction.
• Experience with real estate investment, or financial services is an asset.
• Must be highly analytical with a proven ability to draw actionable insights from data.
• Strong financial acumen - able to understand proforma models and development financing.
• Strong attention to detail and a dedication for ensuring quality and consistency.
• Exceptional communication skills, with a demonstrated ability to communicate with a diverse group of stakeholders including internal team members, executives, builder partners, and investors.
• Adaptable - must be able to shift priorities and remain organized.
• High energy, fun, and collaborative in a team environment.
• Proficient with Microsoft suite of tools (Outlook, Word, Excel, PowerPoint, SharePoint).
• Experience with project management software such as Microsoft Planner, Microsoft Project, BaseCamp, SmartSheet, or similar would be an asset.
• Self-starter. Willing to take initiative and propose new and improved ways of doing things.
• Comfortable with legal concepts including Limited Partnerships and Joint-Venture structures.
• Able to travel throughout Canada and the U.S.

Job Types: Full-time, Permanent

Pay: $105,000.00-$115,000.00 per year

Additional pay:

• Bonus pay

Benefits:

• Casual dress
• Company events
• Dental care
• Disability insurance
• Employee assistance program
• Extended health care
• Flexible schedule
• Life insurance
• Paid time off
• Profit sharing
• Tuition reimbursement
• Vision care
• Wellness program

Schedule:

• Monday to Friday

Application question(s):

• Do you have experience in land development or residential construction?

Experience:

• Project Management: 3 years (preferred)

Work Location: Hybrid remote in Vancouver, BC V6E 4E5

Application deadline: 2025-02-27