Senior Director, Development – Red Bank, NJ $350,000 – $525,000 base salary + annual bonus and project incentives | Full-time | Office-based in Red Bank with regular site visits across Monmouth County Denholtz is looking for a senior development leader to grow our development platform and take projects from site selection all the way through stabilization. You'll own the full development lifecycle for a portfolio of ground-up and redevelopment projects: due diligence, entitlements, design, financing, construction oversight, and lease-up. Reporting to the CEO, you'll work closely with ownership, asset management, property management, and outside consultants, and you'll build and mentor the development team. This is a hands-on leadership role with real ownership over how projects get done.
What you'll do:- Find and evaluate new development and redevelopment opportunities, including site analysis, market studies, and highest-and-best-use reviews
- Build pro formas and investment memos, and present recommendations to ownership and the investment committee
- Lead zoning, site plan, subdivision, and other land-use approvals, and represent Denholtz at public hearings and community meetings
- Select and manage land-use attorneys, architects, engineers, and traffic and environmental consultants
- Drive design, permitting, value engineering, and contractor bidding and selection
- Own development budgets, schedules, and cash-flow forecasts, and support construction and permanent financing, including lender due diligence and draw requests
- Pursue tax incentives, PILOT agreements, redevelopment designations, and grants where they fit
- Oversee general contractors through completion, tracking cost, schedule, quality, and safety, and approve change orders within your authority
- Hand off completed projects to property management and support lease-up and stabilization
- Hire, lead, and mentor the development team, and deliver regular project reports to ownership, partners, and lenders
What we're looking for:- 10+ years of real estate development experience, including at least 3 years leading projects or teams
- A track record delivering ground-up projects from entitlement through stabilization
- Strong financial skills: pro formas, development budgets, and capital stack structuring
- Working knowledge of zoning, land use, and the New Jersey municipal approval process
- Experience managing architects, consultants, and general contractors
- Clear, confident communication, negotiation, and presentation skills
- Bachelor's degree in real estate, finance, architecture, engineering, construction management, urban planning, or a related field
- Advanced Excel; experience with Argus, Yardi, or similar real estate software preferred
- New Jersey multifamily, mixed-use, or industrial experience, existing relationships with municipalities, lenders, and contractors, and an MBA or MRED are a plus
- What you get
Final compensation will be based on experience and qualifications, and offers above the posted range may be considered for exceptional candidates.
Annual performance bonus
Participation in project promote and incentive plans
Medical, dental, and vision insurance
401(k) with employer match
Paid vacation, sick days, and holidays
Professional development support
About Denholtz
Denholtz is a family-founded real estate company that has been developing, owning, and managing properties for more than 70 years. Our portfolio of roughly 2 million square feet spans multifamily, industrial, office, and retail properties in New Jersey and Florida. We build and care for our properties for the long haul, and we're growing our development platform for the next chapter.
Denholtz is an equal opportunity employer. We consider all qualified applicants without regard to race, color, religion, sex, sexual orientation, gender identity or expression, national origin, age, disability, veteran status, or any other characteristic protected by law.
