Real Estate Development / Site Acquisition Manager (Commercial/Hotel/Retail/Land/Property)

• Managing all functional areas of the development team process including strategic research/analysis, market feasibility, site acquisition, zoning/entitlement and asset management
• Interacting with land owners, city officials and consultants to achieve desired development conditions
• Collaborating with internal departments (architecture, construction and legal) to produce agreements, reports, and plans necessary for development projects
• Researching, compiling and managing data to identify key insights and develop strategy for successful development of future Drury Hotel sites
• Evaluating and assessing potential real estate acquisitions, dispositions, and development opportunities in new and existing markets
• Facilitating development of market area plans and long-term strategies, including site selection criteria
• Identifying business insights from company data to help establish department and companywide strategic initiatives
• Conducting market visits to evaluate demographics, market, and site conditions, and analyze competition
• Providing timely and accurate analyses of real estate trends and forecasts
• Managing negotiations with sellers and purchasers of real estate
• Coordinating with internal departments to produce reports, plans, and agreements necessary to complete projects
• Interacting with city officials to assess regulations and achieve acceptable development conditions
• Developing and managing external resources (consultants, brokers, attorneys, etc.) in support of development activities
• Investigating and determining status of ownership, environmental issues, zoning and other factors impacting viability of potential sites
• Completing detailed reviews and analyses of site plans, site attributes and market values on all sites targeted for future acquisition
• Compiling budget and proforma data for sites under consideration
• Assisting in preparation of acquisition/disposition packages for submission to Real Estate Committee and Board of Directors
• Working with internal departments and 3rd parties to resolve various issues (title/closing, zoning, etc.)

• Experience in real estate and/or development business
• Strong problem solving and critical thinking skills
• Experience in cost analysis, financial analysis and project management
• Must be able to work in a collaborative team environment, take direction from others and think critically
• Strong work ethic with the ability to focus on multiple tasks to deliver accurate, complete assignments
• Demonstrates a positive attitude when handling a variety of daily tasks and challenges
• Displays persistence in overcoming obstacles with a “can-do” mentally
• Must be flexible in approach to tasks recognizing alternatives and improvements to achieve acceptable solutions
• Proficiency in Microsoft Office program required including Outlook, Word, Excel, and Power Point
• Travel is required for market/site review and zoning tasks (Estimated at 20-30%
• frequency and duration will vary)
• Bachelor’s Degree - business, economics, legal, or finance with real estate emphasis preferred
• Minimum of 4 years of real estate, development, brokerage, and/or professional experience with a demonstrated track record of success
• Must have thorough knowledge of financial and real estate concepts and negotiation strategies and techniques with strong sales and relationship building experience
• Valid driver’s license and proof of insurance required
• Fluency in English, spoken and written
• Must be able to provide proof of eligibility to work in the U.S.
• This is an on-site position
• it is not remote or hybrid. You must reside within a reasonable commuting distance to the St. Louis area or be willing to relocate prior to your start date

Advanced degree and/or Hotel industry related experience a plus

• Paid Time Off (PTO) and Paid Holidays
• 401K Savings Plan (% matching)
• Health, Dental, and Vision Insurance Plans
• Other Insurance (Critical Illness, Accident Protection, Basic Life, Supplemental and Dependent Life, and Long and Short-Term Disability)
• Flexible Spending Accounts (FSA)