What Does a Real Estate Development Manager Do

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At CBRE, real estate development managers gain access to unmatched resources, global expertise, and innovative tools to elevate their projects. CBRE’s integrated platform enables managers to work seamlessly across various aspects of real estate, including leasing, capital markets, and pr

Real estate development managers play a pivotal role in shaping the built environment, overseeing the creation of new properties and revitalization of existing spaces. At CBRE, the world’s largest commercial real estate services company, development managers combine strategic vision, technical expertise, and financial acumen to deliver exceptional results for clients.

Key Responsibilities

Real estate development managers are responsible for every stage of the development process, from initial concept to project completion. Their core duties include:

  1. Site Selection and Acquisition:
    Identifying prime locations that align with market demands and client goals. This includes conducting feasibility studies, securing necessary approvals, and negotiating contracts.

  2. Project Planning and Design:
    Collaborating with architects, engineers, and consultants to design functional and aesthetically pleasing developments. Managers also ensure compliance with zoning laws and building regulations.

  3. Financial Oversight:
    Creating and managing budgets, securing financing, and conducting cost analyses to maintain project profitability.

  4. Team Coordination:
    Leading multidisciplinary teams to ensure projects stay on schedule and meet quality standards. This involves close coordination with construction managers, marketing teams, and legal advisors.

  5. Market Analysis:
    Conducting thorough research to understand market trends, competitor developments, and potential risks, ensuring the project’s long-term success.

Why Choose CBRE?

At CBRE, real estate development managers gain access to unmatched resources, global expertise, and innovative tools to elevate their projects. CBRE’s integrated platform enables managers to work seamlessly across various aspects of real estate, including leasing, capital markets, and property management.

Career Outlook

A career as a real estate development manager is both challenging and rewarding. With the growing demand for sustainable, high-quality real estate, skilled professionals are well-positioned for long-term success. At CBRE, development managers are empowered to shape the future of cities and communities, making a tangible impact on the world.

Are you ready to advance your career in real estate development? Explore opportunities at CBRE and join a team that’s redefining the industry.

Visit CBRE.com to learn more about our services and career opportunities

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