Job Description

Foundry Commercial was created to be a different kind of real estate company. Our motto – “It’s Personal” – rings true in everything we do… we value authentic human experiences. At Foundry Commercial, there is a strong sense of community. From wellness fairs to ugly Christmas sweater parties to company fundraisers, Foundry associates lean in to support one other and the causes that are important to us. We bring a sense of teamwork, collegiality, and diversity to all that we do. At the heart of it all is trust and respect. These two things drive everything else. We have built a place where people truly know each other, celebrate together, learn together, and live life alongside each other.

We are currently seeking a Vice President - Industrial to join our Development and Investments (“D&I”) team in Dallas, TX. This is an excellent opportunity for a rising real estate investment and development professional possessing strong financial skills, business development acumen and leadership to work with the Development & Investment Dallas Principal in sourcing, capitalizing, and executing multiple industrial acquisition and developments in Dallas – Fort Worth.

You will have comprehensive responsibilities related to new acquisitions and developments ranging from sourcing, underwriting and analytics, structuring, negotiating, due diligence, closing, and execution across the investment process. This is both a qualitative and quantitative position requiring strong analytical, critical thinking and writing skills with direct responsibility over properties held in partnership with our capital partners or internal discretionary funds. You will be supported by an analytical team, entitlement and land development team, asset management professionals, and a legal and accounting group. You will report directly to the Dallas Deal Principal but will interact frequently with Foundry Development & Investment senior leadership.

Essential Job Functions:

Execute new investment opportunities:

• Work with Dallas Deal Principal to identity, underwrite, and gain control of new investment and development opportunities. You will build relationships with sellers, legal teams, vendors, internal teams, and market participants to manage an opportunity from identification to closing.
• Creates and implements project business plan, manages the due diligence process, and assists Deal Principal in securing debt and equity.
• Works with Foundry development managers to engage design team, dictate building design, secure site plan approval and permits, create development budgets, and secure a general contractor.
• Develop relationships with and regularly communicate with local investment and development participants (leasing brokers, sales brokers, limited partners, competitors, engineers, architects, city officials, etc.) to maintain knowledge of market conditions and opportunities.
• Ability to interact with capital partners to meet their requirements and clearly articulate project process.

Oversee the underwriting and capitalization process, including:

• Work with “Deal Hub” and Foundry development managers to prepare an analysis of investment and development opportunities to present to senior leadership.
• Must be able to utilize market relationships to acquire key market information to support the investment thesis.
• Oversee preparation of investment committee memos, equity/debt packages, presentations and reports for investors and lenders.

Other Responsibilities include:

• Perform market research for capital market conditions, submarkets, and properties. Based on the research, recommend, and implement assumptions for models as well as prepare periodic presentations.
• Manage the due diligence and closing process including review of third-party reports, property/tenant information, JV and debt documentation, and closing statements.

Education and Experience:

• Must have an Undergraduate or Graduate degree in Finance or Real Estate with 7+ years of relevant work experience in commercial real estate development or investment; Master’s degree preferred.
• Demonstrated knowledge of Dallas-Fort Worth industrial market required. Must possess relationships with key market participants.
• Excellent business development, interpersonal, and oral/written communication skills with a proven track record.
• Proficiency in AI tools to assist in data analysis, efficiency, and creative problem solving.
• Established ability to develop and maintain positive relationships with colleagues, managers, lenders, partners, and third parties
• Advanced proficiency in Excel is preferred – demonstrated ability in conducting data analysis and real estate financial modeling, including complex debt and equity partnership structures.
• Advanced proficiency in analytical writing– proven ability to effectively communicate and present well-reasoned, data-supported thoughts and ideas to a variety of audiences.
• Strong research, writing, analytical and problem-solving skills.
• Effective time manager– demonstrated track record ability to consistently manage multiple projects with accuracy, set priorities, and meet deadlines.
• Extremely high energy, fast-paced and driven to succeed.
• Keen ability to work efficiently autonomously or as a member of a team.

Foundry Commercial is an Equal Opportunity Employer

Foundry Commercial is an equal opportunity employer and makes employment decisions on the basis of merit. We want to have the best available person in every job. It is the policy of Foundry Commercial to grant equal employment opportunities to all qualified persons without regard to race, color, creed, sex, religion, age, national origin, marital status, sexual orientation, citizenship, physical or mental disability that does not prohibit performance of essential job functions, veteran's status, or any other conditions or identifications against which discrimination is prohibited.

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