Director, Mixed-Use Development at Brixmor Property Group

Indianapolis, Indiana, United States

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Not SpecifiedCompensation

Senior (5 to 8 years), Expert & Leadership (9+ years)Experience Level

Full TimeJob Type

UnknownVisa

Real EstateIndustries

Requirements

8+ years of real estate development, finance, accounting, or legal experience in multi-family residential industry
Experience with diverse real estate sectors (e.g., retail, office, residential, hospitality, etc.)
Knowledge and experience processing land use entitlements in multiple jurisdictions
Bachelor’s degree in real estate, finance, construction management, architecture or engineering desired; Masters, MBA, or Law degree
Natural leader and team player with a style to operate effectively within a fast-paced culture
Strong communication, relationship building, and interpersonal skills with an ability to manage a large and diverse team
Ability to effectively communicate with all internal and external stakeholders including joint-venture partners, tenants, architects, engineers, and other third parties, finance and marketing professionals, contractors, and executives within the organization
Strong negotiating and deal structuring
Ability to think creatively to problem solve, challenge ideas, and balance conflicts
Ability to understand survey, civil, and architectural drawings
Ability to understand prepare development proforma and understand financial statements
Ability to use computer software/hardware to prepare and present financial, economic, and other data for project proformas and other analytical reports
Must be willing to travel as required to properties

Responsibilities

Lead financial feasibility for new multi-family residential developments and redevelopment opportunities while coordinating with retail development, leasing, construction, legal, finance, accounting, tax, operations, and property management
Coordinate preparation of development programs on selected properties based on market conditions, site and zoning analysis, and economic analyses, and all related due diligence
Assist in preparation of presentations for executive meetings, ownership meetings and public meetings
Facilitate projects and consultants through point of completion
Coordinate project teams consisting of attorneys, engineers, planners and architects
Manage expenditures of committed funds within project budgets and schedules in accordance with company policies and procedures
Assist with special projects as required and creatively seek ways to enhance Simon’s portfolio and processes
Perform other duties as assigned

Skills

Key technologies and capabilities for this role

Financial FeasibilityMarket AnalysisZoning AnalysisEconomic AnalysisDue DiligenceProject ManagementBudget ManagementStakeholder ManagementTeam LeadershipReal Estate Development

Questions & Answers

Common questions about this position

What is the salary for the Director, Mixed-Use Development position?

This information is not specified in the job description.

Is this role remote or onsite, and where is it located?

The position is onsite at the Corporate Indianapolis location.

What are the key skills required for this role?

Key skills include strong communication and interpersonal abilities to manage diverse teams and stakeholders, negotiating and deal structuring, creative problem-solving, understanding of drawings and financial proformas, and proficiency with computer software for data analysis.

What is the company culture like for this position?

The culture is fast-paced, requiring a natural leader and team player who can operate effectively within it.

What qualifications make a strong candidate for this role?

Candidates need 8+ years of experience in real estate development, finance, accounting, or legal in the multi-family residential industry, experience across diverse real estate sectors, knowledge of land use entitlements in multiple jurisdictions, and a Bachelor’s degree in real estate, finance, or related field.

Brixmor Property Group

Owns and operates retail shopping centers

About Brixmor Property Group

Brixmor Property Group owns and operates around 360 retail centers in the United States, serving as important locations where retailers and communities interact. Their properties range from large shopping centers to smaller spaces available for lease or sale. The company focuses on sustainable growth by revitalizing underused assets and collaborating with businesses to create lively retail environments. Brixmor's revenue comes mainly from leasing spaces to a variety of tenants, including national retailers, local businesses, and seasonal pop-up shops. They offer flexible leasing options and prime locations to attract a diverse clientele. Brixmor stands out from competitors through its commitment to community engagement and sustainable practices, ensuring that its properties remain appealing and beneficial to both tenants and local communities.

New York City, New YorkHeadquarters

1985Year Founded

$400MTotal Funding

IPOCompany Stage

Real EstateIndustries

201-500Employees

Benefits

Paid parental leave

Medical/Rx/Vision coverage

Dental

Flexible spending accounts

401(k)

Life insurance

Service days

Education assistance

Risks

Rising interest rates could impact Brixmor's financing for acquisitions and redevelopment.

E-commerce growth may reduce foot traffic to Brixmor's physical shopping centers.

Potential tenant bankruptcies could increase vacancy rates and reduce rental income.

Differentiation

Brixmor focuses on grocery-anchored centers, ensuring stable foot traffic and revenue.

The company partners with entrepreneurs to revitalize underused assets, enhancing community value.

Brixmor offers flexible leasing options, attracting diverse tenants including pop-up shops.

Upsides

Moody's upgraded Brixmor's credit rating to 'Baa2', reflecting strong operating results.

Record occupancy rates and lease retention indicate robust demand for Brixmor's properties.

Brixmor's focus on sustainability aligns with increasing tenant and investor preferences.

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