Now Hiring - Neyer Properties Inc - Vice President of Development in Cincinnati, OH

Full description of the position

Description: The Vice President of Development for Torque Motor Suites will lead Torque Suites expansion in the Midwest and Southwest markets by integrating into existing Torque team/projects and identifying, underwriting, and executing new development opportunities. The ideal candidate brings both visionary leadership and a results-driven approach to creating transformative properties that reflect Torque's unique lifestyle brand. This role focuses on big-picture strategy, financial viability, and the selection and management of third-party partners to handle design, construction, entitlements, and zoning approvals.

• Success Metrics:
• Develop and sell 100 Torque Units in 2026 and 100 Torque Units in 2027.
• Maintain pipeline of viable development sites to meet Torque sales objectives.
• Deliver company stipulated net profits for new Torque developments.
• Lead delivery of development of Torque projects and approvals within approved budgets and schedules established for each project.
• Responsible for timely completion of financial budgeting/reporting and action steps to ensure results.

Key Responsibilities

:

• Collaborate with company leadership to set and execute the Torque business unit strategy.
• Build and lead a high-performing Torque team that is results-focused by strong leadership and mentoring and setting clear expectations.
• Ensure adequate supply of development sites.
• Determine highest-and-best site layout and phasing for each Torque development.
• Shape the development vision (product and design) for each project in line with the Torque brand and regional market needs.
• Oversee feasibility studies and financial modeling for each potential Torque site for go/no go recommendation.
• Oversee initial proforma modeling and ongoing updates that account for costs, timelines, and return scenarios for each Torque development.
• Hire, negotiate with, and oversee third-party architects, engineers, and construction firms to execute each project vision.
• Select and manage land use attorneys, zoning consultants, and entitlement professionals to navigate local approvals.
• Ensure all consultants and contractors are aligned with project objectives, timelines, and Torque's brand standards.
• Represent the company in community meetings, city hearings, and public forums as needed.
• Coordinate design reviews, permitting processes, and compliance with local regulatory agencies.
• Lead monthly project by project financial reporting.
• Oversee the sales operation to ensure results are aligned with Success Metrics.
• Oversee the finalization of purchaser agreements, closing documents and the closing process for seamless execution.
• Lead the Torque team to support the Company's Culture initiatives.

Requirements

:

• Experience and

Qualifications

:

• 15+ years of experience in real estate development, with a focus on site planning, land development, entitlements, and third-party vendor management.
• Proven track record of delivering projects by hiring and managing internal and external teams.
• Experienced in real estate financial modeling and market evaluation skills.
• Experience managing and negotiating contracts with third-party design, engineering, and construction partners.
• Understanding of entitlement and zoning processes in multiple jurisdictions. Core Competencies:
• Creative problem-solving and land use planning expertise.
• Strong communication and leadership skills, especially when coordinating external vendors and public agencies.
• Ability to make decisions from an owner's perspective.
• Highly organized and ability to manage multiple projects simultaneously.
• Prefers a rapid-paced, stimulating work environment. Tolerates uncertainty and ambiguity.
• Thrive on unlocking the potential of land and reimagining what's possible through development.
• Ability to connect - bringing together the right team for each project and keeping them aligned.
• Enjoy the creative and political challenge of getting developments approved/moving forward.
• Travel as needed to support Torque Success Metrics.