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Senior Development Manager

Velocity Companies - Capitol Heights, MD

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Job Description

About VelocityThe Velocity Companies is a dynamic real estate development firm specializing in transformative, community-centered projects that enhance quality of life and support inclusive growth. We focus on revitalizing emerging and underserved markets through developments that create jobs, stimulate economic advancement, and expand access to essential services. Our portfolio spans multifamily housing, mixed-use spaces, and urban infill developments across the Washington DC metropolitan area. From concept to completion, we collaborate with municipal partners, investors, and community stakeholders to deliver projects that provide lasting economic, social, and environmental value.OverviewWe are seeking a Development Manager who thrives in the details and plays an active role in moving projects forward from day one. This role leads multifamily developments from early planning through completion, with a focus on precise scheduling, budget control, and regulatory compliance. You will be deeply involved in the work itself, keeping schedules tight, budgets accurate, and all moving parts coordinated. The position requires someone who is equally comfortable in the office managing documents and reports as they are on-site working with construction managers, consultants, and municipal staff. The right candidate will have a proven track record of delivering results, the foresight to anticipate challenges before they become problems, and the initiative to refine processes that make each project more efficient and effective.ResponsibilitiesDevelop and maintain project schedules using Critical Path Method (CPM) tools to ensure milestones are metOversee project budgets and financial tracking, including invoices and loan draws in line with agreements and lender requirementsCoordinate across construction managers, consultants, trades, and agencies to keep work aligned and compliantProvide clear monthly progress reports to executives, investors, and capital partnersEnsure compliance with all planning, permitting, and zoning requirements in DC, Maryland, and VirginiaIdentify risks early and implement solutions to protect timelines and budgetsLead projects from pre-construction through closeout, maintaining accountability for quality, cost, and scheduleIntroduce or refine project management tools, templates, and workflows to improve efficiencySupport reporting and documentation processes that meet equity partner and lender expectationsQualificationsBachelor's degree in real estate, construction management, architecture, engineering, or related field. Master's or MRED preferredMinimum of 5 years' experience managing multifamily development projects in the DMV areaProficiency in CPM scheduling, project controls, and financial trackingDemonstrated ability to deliver projects on time and within budget in a growth-stage or entrepreneurial environmentExperience creating or refining project processes and systemsStrong organizational skills and a proactive, hands-on approach to managementExcellent communication skills for engaging executives, lenders, municipal agencies, and community groupsAbility to manage multiple priorities in a fast-paced environment with evolving needsBring This With YouA positive, solutions-focused mindset that keeps projects moving forward even when challenges ariseProfessional presence and the willingness to represent Velocity in meetings with municipal staff, investors, and community membersThe ability to communicate with confidence, clarity, and respect in every interactionA natural or intentional habit of fostering good energy in the room, whether through a smile, a supportive comment, or a collaborative approachExtensive experience managing projects from planning to completion, with a deep understanding of urban infill sites and multifamily developmentThe discipline to manage details without losing sight of the big pictureThe ability to prepare and update development proformas in a timely mannerReliability and follow-through, ensuring commitments are met without remindersAdaptability to work within a growth-stage environment where systems are evolving and solutions may need to be built as we goCommitment to continuous learning and improving both your own skills and our company processesWhat We OfferVelocity offers a competitive base salary, performance incentives, and a comprehensive benefits package that includes medical, dental, and vision coverage, paid time off, paid holidays, and professional development opportunities. We foster a collaborative culture that values execution, accountability, and continuous improvement, giving you the opportunity to directly shape how we deliver projects and grow as a company.

Created: 2025-10-02

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