Director of Real Estate Development
Catalyst Capital PartnersCatalyst Capital Partners is a real estate development and investment firm based in Charlotte, North Carolina. The firm’s residential strategies include multifamily communities, build-to-rent housing, active adult communities, and residential land development. Its target markets for multifamily, build-to-rent, and horizontal lot development include North Carolina, South Carolina, Tennessee, Georgia, and Florida. Catalyst Capital Partners Catalyst brings together experience in development, investment, ownership, and asset management, with an emphasis on relationships, disciplined opportunity evaluation, and project execution. Catalyst Capital Partners The Opportunity The Director of Real Estate Development will lead assigned residential development projects from initial feasibility through entitlements, design, financing, construction, and transition to operations. This is a hands-on, owner-side role for a development professional who can connect investment objectives with the realities of getting projects approved, financed, and built. Working closely with development partners, investment professionals, construction leadership, and external consultants, the Director will be accountable for moving projects forward while protecting budgets, schedules, quality, and long-term asset value. The right candidate combines strong financial judgment with practical development experience. You can challenge an underwriting assumption, work through a difficult entitlement issue, evaluate a construction proposal, and keep a multidisciplinary team focused on the next critical milestone. The mandate is straightforward: identify viable opportunities, resolve obstacles early, and deliver communities that meet their investment and operating objectives. Key Responsibilities Evaluate opportunities and establish project feasibility. Assess prospective sites and development opportunities alongside investment and development leadership. Analyze market demand, competitive supply, achievable rents, product positioning, development costs, and projected returns. Prepare clear recommendations that distinguish attractive opportunities from projects that should be restructured or declined. Lead site diligence and acquisition coordination. Manage due diligence covering zoning, title, surveys, environmental conditions, geotechnical findings, utilities, access, stormwater, and infrastructure requirements. Coordinate with brokers, sellers, counsel, and technical consultants to identify material risks before acquisition commitments become binding. Track diligence deadlines and closing requirements. Own the entitlement and permitting process. Develop approval strategies and manage rezoning, site-plan approvals, development agreements, and permitting milestones. Coordinate land-use counsel, civil engineers, architects, and other consultants. Represent project objectives professionally in meetings with municipal staff, planning bodies, neighborhood stakeholders, and utility providers. Direct design and preconstruction. Translate the investment thesis into a practical development program, including site layout, unit mix, density, amenities, specifications, and project phasing. Lead consultant selection and design coordination. Partner with construction leadership on constructability, estimating, procurement planning, and value engineering without undermining resident experience or long-term operating performance. Maintain disciplined budgets and underwriting. Own assigned project development budgets, schedules, and financial models. Update hard costs, soft costs, financing costs, contingencies, operating assumptions, and forecasted returns as projects advance. Evaluate sensitivities around rents, absorption, interest rates, construction costs, and timing, and escalate material changes with recommended actions. Support capitalization and investment approvals. Prepare development plans, investment memoranda, and project materials for internal approvals, lenders, …