Real Estate Development Director

Career Guide

The Real Estate Development Director oversees the planning, execution, and completion of real estate projects. This role involves coordinating with various stakeholders, managing budgets, ensuring compliance with regulations, and driving strategic growth in real estate assets.

Key Responsibilities

Lead and manage real estate development projects from inception to completion.
Coordinate with architects, contractors, and other professionals to ensure project success.
Develop and manage budgets, timelines, and project resources.
Analyze market trends and identify opportunities for new developments.
Negotiate contracts and manage relationships with key stakeholders.

Top Skills for Success

Project Management

Market Analysis

Contract Negotiation

Career Progression

Can Lead To

Senior Real Estate Development Director

Vice President of Real Estate Development

Transition Opportunities

Real Estate Consultant

Chief Operating Officer

Common Skill Gaps

Often Missing Skills

Advanced Data AnalysisSustainability Practices

Development SuggestionsTo bridge skill gaps, consider enrolling in courses focused on data analytics and sustainability in real estate. Networking with professionals in these areas can also provide valuable insights.

Salary & Demand

Median Salary Range

Entry Level$90,000 - $120,000

Mid Level$120,000 - $150,000

Senior Level$150,000 - $200,000

Growth Trend

The demand for Real Estate Development Directors is expected to grow steadily as urban development and real estate investments continue to rise.

Companies Hiring

Major Employers

CBRE GroupJLL

Industry Sectors

Commercial Real EstateResidential Development

Recommended Next Steps

Pursue a certification in Real Estate Development.

Join professional organizations such as the Urban Land Institute.