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Path Construction

Commercial general contracting

Director of Development

Full-Time
$130k - $210k/yr+ Bonus Plan
Expert
Chicago, IL, USA
In Person
Real EstateReal Estate Development

About the job

Requirements
  • At least 8 years of real estate development experience, with progression into leadership responsibilities preferred.
  • Strong experience across asset classes such as multifamily, healthcare, education, or industrial development.
  • Demonstrated experience leading projects from concept through completion.
  • Advanced proficiency in real estate underwriting, financial modeling, and development finance.
  • Ability to manage complex deals, stakeholders, and timelines.
  • Strong leadership, communication, and relationship-building skills.
  • Highly analytical with strong decision-making capabilities.
Responsibilities
  • Lead and refine the company’s development strategy, aligning initiatives with overall business growth objectives.
  • Identify, source, and pursue new development opportunities across target markets.
  • Oversee the evaluation and underwriting of development opportunities, including financial modeling and risk analysis.
  • Direct the preparation and review of pro formas, ensuring financial feasibility and alignment with return targets.
  • Partner closely with executive leadership and finance to structure and secure project financing.
  • Oversee the pre-entitlement and entitlement process, ensuring timelines and budgets are met.
  • Provide strategic oversight of development budgets, schedules, and execution performance.
  • Lead or support negotiations of contracts, term sheets, loan documents, and joint venture agreements.
  • Manage and mentor development team members while coordinating cross-functionally with construction, finance, and operations teams.
  • Oversee third-party consultants across all phases, including site selection, entitlement, design, financing, leasing, and disposition.
  • Develop and execute capital sourcing strategies, maintaining relationships with equity partners, lenders, and institutional investors.
  • Build and maintain strong relationships with brokers, landowners, municipalities, and other key stakeholders to drive pipeline growth.
Desired Qualifications
  • Progression into leadership responsibilities.

About the company

Path Construction is a general contractor providing preconstruction, design-build and construction management services across the United States. Its portfolio includes commercial, multifamily, healthcare, education, industrial and public-sector projects. Estimators, project managers and field teams coordinate budgets, schedules, subcontractors, safety and quality from planning through completion. The company supports both new construction and renovation, combining regional offices with shared expertise for clients delivering complex buildings and facilities. Delivery relies on project leadership, technical specialists and field teams working across active sites.

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