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

1
Pursue a certification in Real Estate Development.
2
Join professional organizations such as the Urban Land Institute.

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