Chief Operating Officer, Real Estate Development

Chief Operating Officer (COO), Real Estate Development and Property Management The Chief Operating Officer (COO) provides strategic and operational leadership across a diversified portfolio of commercial, residential, and mixed-use real estate assets. This executive owns the operating bridge between ground-up project delivery and long-term asset performance, overseeing development, construction, property management, leasing operations, and scalable internal processes. Reporting relationship and leadership scope: This role reports to the CEO and leads cross-functional teams across development, construction, property management, leasing, finance coordination, and vendor management. The COO is expected to translate ownership strategy into operating plans, performance dashboards, staffing priorities, and repeatable execution standards. Company and portfolio context: The company is seeking an operating executive who can manage complexity across development projects and stabilized assets while improving consistency, accountability, and financial performance. The ideal candidate has experience building operating infrastructure for a growing real estate platform and can balance entrepreneurial speed with disciplined controls. 📋 Core Responsibilities 🏗️ Development & Construction Oversight

• Pipeline execution: Lead mixed-use, commercial, and residential projects from acquisition diligence through entitlement, design, budgeting, construction, turnover, and stabilization.
• General Contractor Management: Establish accountability with general contractors, consultants, and key vendors through clear scopes, schedules, budgets, reporting cadence, quality standards, and safety expectations.
• Budget Accountability: Control multi-million-dollar capital expenditure (CapEx) budgets and development schedules to mitigate cost overruns.

🏢 Property Management & Operations

• Asset Stabilization: Transition completed ground-up developments smoothly into active property management portfolios.
• Tenant Relations: Direct leasing strategies, property maintenance, and tenant retention initiatives for commercial and residential units.
• Tech Stack Integration: Implement and optimize property management software (e.g., Yardi, RealPage, AppFolio) to streamline leasing and operations.

📊 Financial & Strategic Leadership

• P&L Responsibility: Own the operational Profit and Loss (P&L) statements for both the development pipeline and managed properties.
• Yield Optimization: Drive Net Operating Income (NOI) growth through proactive asset management, cost controls, and ancillary revenue streams.
• Corporate Scale: Partner with the CEO to scale company infrastructure, internal workflows, and standard operating procedures (SOPs).

🔎 Key Performance Indicators (KPIs)

• Development Milestones: Percentage of construction projects delivered on time and under budget.
• Portfolio Health: Average occupancy rates, lease-up velocity, and tenant retention metrics across asset classes.
• Financial Performance: Portfolio-wide Net Operating Income (NOI) growth and operational expense variance.

💡 Job Requirements & Qualifications

• Experience: 12+ years of progressive real estate leadership experience, including executive-level responsibility for ground-up development, construction execution, property management, leasing operations, and portfolio performance.
• Asset Expertise: Direct familiarity with both commercial (office, retail, or industrial) and multifamily residential operations.
• Education: Bachelor’s degree in real estate, Property Management, Finance, or Construction Management; MBA or MS in Real Estate preferred.
• Skills: Expert-level understanding of real estate operations management, physical asset management, and property management software. Understanding of income statements, tenant lease billing, CAM billing, budgeting and forecasting.

Compensation and employment details: This is a full-time executive role. Compensation should be market-competitive and may include base salary, performance-based incentives, benefits, and long-term value-creation opportunities aligned with company goals. Ideal candidate profile: The strongest candidate will be a hands-on operating executive who can move comfortably between board-level strategy, field-level execution, financial performance reviews, and day-to-day team leadership. They should be able to create structure without slowing momentum and bring a practical, accountable approach to scaling a real estate organization.