Path Construction

Builds commercial facilities and housing

Director of Development

Real Estate DevelopmentConfirmed live in the last 24 hours

Full-timeChicago, IL, USAIn-person

About the Job

Requirements

At least 8 years of real estate development experience; progression into leadership responsibilities is 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.
Proven 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 is preferred.

Director of Development

Path Construction · Chicago, United States · Full-time · Posted 2026-04-28

Salary: USD 130,000–210,000

Workplace: on_site

Department: Path Central

Description

Path Construction is seeking a Director of Development to lead the execution and evolution of the company’s development and new construction strategy. This role will oversee the sourcing, evaluation, and delivery of development projects across key markets including Illinois, Tennessee, North Carolina, and Arizona.

Path Construction is a rapidly growing general contractor headquartered in Arlington Heights, IL, with projects and offices throughout the country. Founded in 2008, Path provides a wide range of construction services across diverse sectors including healthcare, higher education, multi-family, hospitality, retail, self-storage, senior living, transportation, water and waste treatment, convention centers, laboratories, correctional, and institutional projects.

Our philosophy centers on staying at the forefront of the construction process, delivering unmatched customer satisfaction, and investing in the growth and quality of our people.

Duties for the Director of Development include:

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

Requirements

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
Proven ability to manage complex deals, stakeholders, and timelines
Strong leadership, communication, and relationship-building skills
Highly analytical with strong decision-making capabilities

Benefits

We offer:

Annual Salary Range: $130,000 - $210,000
Bonus Plan
401(k)
PTO
Certification Training
Health, Dental, Vision, Life, Long-Term and Short-Term Disability Insurance
Company cellphone and computer
Financial and Mental Health Support through a third party
Travel and Entertainment Discount Program

Apply

Apply at Path Construction

About the Company

Path Construction

Builds commercial facilities and housing

Path Construction builds facilities for public agencies, property developers and private businesses across the United States. Its portfolio spans housing, schools, healthcare buildings and civil infrastructure, with work ranging from ground-up buildings to major renovations. Clients hire the firm for general contracting, design-build and construction management, while its development business handles site selection, feasibility studies and project financing. Before construction starts, the company coordinates project scope, preliminary schedules, design teams and subcontractors, then oversees work through the final walk-through. Founded in 2008, Path Construction is headquartered in Arlington Heights, Illinois.

Company size: 51-200
Company stage: Not listed
Total funding: Not listed
Headquarters: Arlington Heights, IL
Founded: 2008

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