Manager, Real Estate Development - Southeast Region

Our Company: Quarterra is a real estate investment firm focused on creating long-term value through the development of high-quality multifamily communities nationwide. With 11 regional offices across 20 states, Quarterra combines institutional scale with local market expertise to deliver purposefully designed rental communities in high-growth markets. Quarterra's core strategy includes the expansion of its Emblem portfolio - a growing collection of attainably priced communities that deliver efficient design, modern amenities, and strong investment fundamentals. Emblem Communities are thoughtfully positioned to meet the needs of today's renters while supporting Quarterra's broader vision of sustainable, resilient, and diversified housing solutions.

Summary of Position: The Development Manager is responsible for leading and executing multifamily and mixed-use development projects throughout the full development lifecycle, including acquisition support, due diligence, underwriting, entitlement, design, construction, and stabilization activities. This role serves as a key project leader, partnering closely with Investments, Construction, Asset Management, Operations, Legal, Finance, and external stakeholders to advance projects from concept through completion. The successful candidate combines strong financial and analytical capabilities with demonstrated project management experience and a deep understanding of real estate development processes. The Development Manager will manage multiple projects simultaneously while helping ensure projects are delivered on schedule, within budget, and in alignment with Quarterra's strategic investment objectives.

Financial Analysis & Investment Support: Develop, maintain, and update project budgets, development pro formas, cash flow forecasts, and investment analyses. Prepare monthly project financial reporting, draw requests, funding analyses, and variance explanations. Support the underwriting and evaluation of development and acquisition opportunities. Analyze market fundamentals, demographic trends, competitive developments, rental comparables, operating assumptions, and construction costs. Participate in the preparation of investment committee presentations, financing packages, partner reporting, and capital raise materials. Manage entitlement, zoning, permitting, governmental approval, and public hearing processes as required. Oversee entitlement, zoning, permitting, governmental approval, and public hearing processes as required. Review project plans, specifications, and consultant deliverables to ensure alignment with financial, design, operational, and construction objectives. Collaborate with construction and design partners to identify opportunities for value engineering and cost optimization.

Travel Requirements: Ability to travel as needed to development sites, municipal meetings, consultant offices, investor meetings, and other business-related activities. Regional travel within the Southeast Region should be expected. Physical Requirements and Disclaimer: This position is primarily a sedentary office-based role and requires the ability to routinely operate a computer and other standard office equipment. The role also requires the ability to communicate effectively, including speaking and hearing, and the ability to stand, walk, stoop, reach, and occasionally lift, carry, or move items weighing up to 25 pounds. Fine motor skills and finger dexterity are required for keyboarding and other detailed tasks. This job description is intended to describe the general nature and level of work performed in this role. It is not intended to be an exhaustive list of all duties, responsibilities, or activities, which may change at any time, with or without notice, based on business needs. Quarterra is an equal opportunity employer and complies with all applicable federal, state, and local employment laws.