Vice President of Development - Adult Active Living

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      "state": "Minnesota",
      "postalCode": "55401",
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    "datePosted": "2026-05-15",
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    "description": "<p><span style=\"font-weight: bold\">POSITION SUMMARY</span></p>\n<p>Great States Development is a rapidly growing real estate development firm focused on active adult (55+) communities across the Midwest and Mountain West. We are seeking a Vice President of Development – Adult Active Living to lead the sourcing, underwriting, and execution of 55+ lifestyle-oriented communities. </p>\n<p><br></p>\n<p>This is a high-impact leadership role with direct influence on company growth, investment strategy, and long-term portfolio performance. This role is designed for a high-performing developer who wants to take ownership of a growing platform and scale it into a market-leading development operation. This position will report directly to the President of Great States Development.</p>\n<p><br></p>\n<p><span style=\"font-weight: bold\">COMPENSATION STRUCTURE</span></p>\n<ul>\n<li>$200k/yr+ depending on experience</li>\n<li>Uncapped commission structure based on performance and deal execution</li>\n<li>Opportunity to partner on projects</li>\n</ul>\n<p><br></p>\n<p><span style=\"font-weight: bold\">ESSENTIAL JOB FUNCTIONS</span><br><span style=\"text-decoration: underline\">Deal Sourcing &amp; Pipeline Development</span></p>\n<ul>\n<li>Source and secure new Active Adult (55+) development opportunities</li>\n<li>Build and maintain a pipeline of off-market and brokered opportunities</li>\n<li>Lead initial underwriting, site selection strategy, and go/no-go decisions</li>\n</ul>\n<p><span style=\"text-decoration: underline\">Capital Markets &amp; Investor Relations</span></p>\n<ul>\n<li>Partner with executive leadership to structure capital stacks (debt/equity)</li>\n<li>Support or lead investor presentations, capital raises, and lender relationships</li>\n</ul>\n<p><span style=\"text-decoration: underline\">Strategic Planning &amp; Market Positioning</span></p>\n<ul>\n<li>Conduct market research and analysis to identify emerging trends, assess competitive landscapes, and make informed decisions regarding project feasibility and positioning</li>\n</ul>\n<p><span style=\"text-decoration: underline\">Go-To-Market Strategy &amp; Lease Up Execution</span></p>\n<ul>\n<li>Partner with marketing and operations teams to develop and execute lease-up strategies tailored to the Active Adult demographic</li>\n<li>Influence branding, positioning, and pre-leasing strategies to align with target resident profiles and drive early engagement</li>\n</ul>\n<p><span style=\"text-decoration: underline\">Project Lifecycle Management</span></p>\n<ul>\n<li>Own the full lifecycle execution from site selection, due diligence, and entitlements through design, construction, and lease-up</li>\n</ul>\n<p><span style=\"text-decoration: underline\">Financial Management &amp; Feasibility</span></p>\n<ul>\n<li>Oversee project budgets, financial modeling, and financing structures to ensure projects are delivered on time and within budget constraints</li>\n</ul>\n<p><span style=\"text-decoration: underline\">Team Leadership &amp; Partner Coordination</span></p>\n<ul>\n<li>Build and lead a high-performing team while coordinating across development, design, capital markets, marketing, and operations</li>\n<li>Nurture and maintain relationships with key stakeholders, including landowners, brokers, municipalities, lenders, investors, and community members</li>\n<li>Mentor and develop internal team members as the platform grows</li>\n</ul>\n<p><span style=\"text-decoration: underline\">Risk Management &amp; Compliance</span><br></p>\n<ul>\n<li>Identify potential risks and develop mitigation strategies to minimize project delays, cost overruns, and other potential obstacles</li>\n<li>Ensure compliance with all applicable laws, regulations, and zoning requirements throughout the development process</li>\n</ul>\n<p><span style=\"text-decoration: underline\">Sustainability &amp; Design Standards</span></p>\n<ul>\n<li>Integrate sustainable design principles and practices into development projects to enhance long-term value and environmental stewardship</li>\n</ul>\n<p><span style=\"text-decoration: underline\">Reporting &amp; Stakeholder Communication</span></p>\n<ul>\n<li>Serve as the primary point of accountability to executive leadership and capital partners for project performance, timelines, and financial outcomes</li>\n</ul>\n<p><br></p>\n<p><span style=\"font-weight: bold\">EDUCATION AND WORK EXPERIENCE</span></p>\n<ul>\n<li>Bachelor’s degree in Real Estate Development, Urban Planning, Architecture, Business Administration, or related field</li>\n<li>10+ years of experience in real estate development, with direct experience in active adult, senior housing, hospitality, or lifestyle-driven residential communities strongly preferred</li>\n</ul>\n<p><br></p>\n<p><span style=\"font-weight: bold\">KNOWLEDGE, SKILLS, AND ABILITIES REQUIRED</span></p>\n<ul>\n<li>Experience with ground-up development and amenity-rich, lifestyle-oriented residential communities</li>\n<li>Demonstrated success sourcing and executing development deals</li>\n<li>Excellent leadership, communication, and interpersonal skills, with the ability to collaborate effectively with cross-functional teams and stakeholders</li>\n<li>Proven ability to operate in a high-growth, entrepreneurial environment</li>\n<li>Strong financial acumen and proficiency in financial analysis, including real estate modeling, investment analysis and risk assessment.</li>\n<li>In-depth knowledge of real estate markets, zoning regulations, entitlement processes and construction practices</li>\n<li>Established network of brokerage, capital, and development relationships with a demonstrated ability to generate deal flow</li>\n<li>Deep understanding of the 55+ demographic, including lifestyle preferences, amenity expectations, and community engagement drivers</li>\n<li>Experience designing or delivering amenity-rich environments including wellness, fitness, social spaces, and community programming</li>\n</ul>\n<p><br></p>\n<p><span style=\"font-weight: bold\">WHY THIS ROLE</span><br></p>\n<ul>\n<li>Opportunity to build and scale a proven development platform, not just manage projects</li>\n<li>Competitive executive base salary + performance-based bonus structure</li>\n<li>We are seeking a builder—someone driven to create deal flow, execute complex developments, and leave a lasting mark on a growing platform</li>\n</ul>\n<p><br></p>\n<p><span style=\"font-weight: bold\">WORK ENVIRONMENT</span></p>\n<ul>\n<li>This role demands a high level of ownership, responsiveness, and leadership across multiple active developments.</li>\n<li>Travel required: 25%</li>\n</ul>\n<p><br><span style=\"font-weight: bold\">WE ARE AN EQUAL OPPORTUNITY EMPLOYER</span><br></p>",
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