Development Manager, Homebound Investor Program - Bahamas

Homebound

world wide
  • Job Type: Full-Time
  • Function: Engineering Prod Mgmt/Dev
  • Post Date: 06/10/2021
  • Website: www.homebound.com/
  • Company Address: , Santa Rosa, CA

About Homebound

Homebound is a custom homebuilder that makes building your perfect home simple, transparent and human. We were born out of communities impacted by devastating wildfires, and we are the first homebuilder to provide everything homeowners need to rebuild — managing the entire process from start to finish and supporting homeowners every step of the way.

Job Description

Homebound’s mission is to create a better way to build homes, leveraging technology to make homebuilding simpler and more transparent. We’re delivering on that promise in places that have been impacted by natural disasters, and now we’re expanding to help families across the country build the perfect home. 
 
With a better labor model, a more efficient building process, and a delightful homeowner experience, Homebound is transforming the homebuilding market. The Homebound team includes software engineers, product managers, designers, marketers, people operations and legal experts, interior designers and the best construction experts in the world — all of whom have come together to improve homebuilding as a whole. 
 
We are already helping hundreds of homeowners across California, Texas, and The Bahamas, and we are poised to help hundreds more. Join us.
 
Role Overview:
In this role, you will be managing one or more multi-unit housing development projects at a given time.  You will have P&L responsibility and ownership over delivering great investment returns on each project.  You will be expected to own the development from ideation (which geography the development should take place in an what returns we can expect) to implementation (working with our internal teams to acquire land, figure out the right architecture & design, overseeing our construction managers, and overseeing sale processes) and reporting (communicating results to our investors). Homebound’s Investor Program team is distributed across the United States, but in this role, you should either be in the Bahamas or expect to travel to that market multiple times per month.  You will initially report to the GM of the Homebound Investor Program. 

Own your developments, which may include:

    • Development thesis: plan multi-unit Single-family home developments (typically 5-25 units) that will allow Homebound to generate fantastic returns for its investors. You will have support on these efforts from the Investor Program’s strategy team.
    • Acquire land: work with our tech and growth teams to identify real estate assets that we are interested in acquiring, and then manage negotiations with property owners to acquire the right assets at the right prices.  You will be tasked with diligencing each property, with the support of Homebound’s Title & Escrow team.
    • Create and manage project budgets: you will have ultimate responsibility for creating line item budgets for each project and ensuring we are consistently managing to high ROI project.  You will have plenty of support on project-level budgeting from our procurement team.
    • Work closely with construction team: help guide our Construction Services and Construction Operations teams to creating the ideal product type and ensure that development timelines are met.
    • Own the selling decision: set home sales prices and decide which offers to accept / reject / counter.
    • Reporting: generate monthly reports that show project progress (you’ll have support from analysts).

What we hope you will experience in this role:

    • Fast-paced, cross-functional work on a daily basis.
    • Unparalleled learning environment: face new challenges constantly, with an internal support network that sets you up for success.
    • Work with a team of passionate, intelligent, humble, low-ego Homebounders.
    • Create meaningful value for the company, and learn lessons about high-growth organizations that will be invaluable in your career
    • When you identify areas that you think will improve the Investor Program, you speak up and build the business case for why we should focus on them.
    • Since Day 1, we’ve been focused on making Homebound the best place in the world to work.  We believe that requires constant improvement.  And we want your ideas.

Who You Are

    • 5-8 years of professional experience in finance & investing (Private Equity, Real Estate development, etc.) ideally with some real estate familiarity.
    • Intelligent, motivated, curious, resourceful, friendly.
    • Capable of and excited for owning your workstreams and P&L.
    • Analytical, data-driven approachComfortable work-planning and building to complex solutions.
    • Enjoy solving problems with non-obvious solutions.
    • Enjoy working in team settings and excited about working cross-functionally (i.e., with people of a wide variety of industry expertise and experience levels)
We are focused on building a diverse and inclusive workforce. If you’re excited about this role, but do not meet 100% of the qualifications listed above, we encourage you to apply.
 
Homebound is an Equal Opportunity Employer and considers applicants for employment without regard to race, color, religion, sex, orientation, national origin, age, disability, genetics or any other basis forbidden under federal, state, or local law. Homebound considers all qualified applicants in accordance with the San Francisco Fair Chance Ordinance.

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Disclaimer: Local Candidates Only
This company does NOT accept candidates from outside recruiting firms. Agency contacts are not welcome.