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Multifamily Development Manager Jobs in Virginia

CoStar

Multifamily Research Manager

Richmond, VA · On-site

Multifamily Research Manager Overview CoStar Group (NASDAQ: CSGP) is a leading global provider of ... development that results in a center of excellence Prepare quarterly plans outlining planned ...

RimePro Inc

Multifamily Superintendent

Richmond, VA · On-site

$100K - $140K/yr

... infill developments, and is capable of leading large field teams in fast-paced construction environments. Key Responsibilities * Lead and manage all day-to-day field operations on multifamily ...

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All JobsMultifamily Development JobsMultifamily Development Manager JobsMultifamily Development Manager Jobs in Virginia

Multifamily Development Manager information

See Virginia salary details

$32.7K

$76.8K

$131.9K

How much do multifamily development manager jobs pay per year?

As of Jul 21, 2026, the average yearly pay for multifamily development manager in Virginia is $76,774.00, according to ZipRecruiter salary data. Most workers in this role earn between $58,000.00 and $89,700.00 per year, depending on experience, location, and employer.

What is the difference between Multifamily Development Manager vs Multifamily Project Coordinator?

AspectMultifamily Development ManagerMultifamily Project Coordinator
CredentialsBachelor's degree in real estate, construction, or related field; often requires experience in developmentTypically holds a bachelor's degree; entry-level or supporting role
Work EnvironmentOversees multiple projects, interacts with developers, investors, and contractorsSupports project teams, handles administrative tasks, and coordinates schedules
Industry UsageUsed by developers and real estate firms for leadership roles in development projectsCommonly used in project teams to assist project managers and coordinators

The Multifamily Development Manager focuses on leading and managing the entire development process, while the Multifamily Project Coordinator supports project execution through administrative and coordination tasks. Both roles are essential but differ in responsibility level and scope within the development lifecycle.

What does a Multifamily Development Manager do?

A Multifamily Development Manager oversees the planning, coordination, and execution of residential development projects that involve multiple housing units, such as apartment complexes or condos. They are responsible for managing budgets, timelines, and project teams, as well as ensuring compliance with local regulations and standards. The role involves working with architects, contractors, city officials, and investors to bring multifamily housing projects from concept to completion. Effective communication, problem-solving, and project management skills are essential for success in this position.

What are the key skills and qualifications needed to thrive as a Multifamily Development Manager, and why are they important?

To thrive as a Multifamily Development Manager, you need expertise in real estate development, project management, financial analysis, and a relevant degree such as in business, real estate, or construction management. Familiarity with project management software (like MS Project), pro forma modeling tools, and knowledge of zoning/regulatory compliance are typically required. Exceptional negotiation, leadership, and communication skills help manage diverse stakeholders and team members effectively. These competencies ensure projects are delivered on time, within budget, and meet both regulatory and quality standards.

What are some typical challenges a Multifamily Development Manager faces during the project lifecycle?

Multifamily Development Managers often navigate complex zoning regulations, coordinate with multiple stakeholders such as architects, contractors, and local authorities, and manage tight project timelines. Balancing budget constraints while ensuring high-quality construction and addressing unexpected site or permitting issues are common challenges. Additionally, adapting to changing market conditions or client requirements requires flexibility and strong problem-solving skills throughout the development process.
What are popular job titles related to Multifamily Development Manager jobs in Virginia? For Multifamily Development Manager jobs in Virginia, the most frequently searched job titles are:
What job categories do people searching Multifamily Development Manager jobs in Virginia look for? The top searched job categories for Multifamily Development Manager jobs in Virginia are:
What cities in Virginia are hiring for Multifamily Development Manager jobs? Cities in Virginia with the most Multifamily Development Manager job openings:
Multifamily Development Manager jobs near you

Development Manager

Bonaventure Shared Services, LLC

Alexandria, VA • On-site

$140K - $160K/yr

Full-time

Re-posted 11 days ago

Job description

Development Manager (Multifamily Real Estate)

Position Overview

Bonaventure is seeking a highly capable Development Manager to take a leadership role in the execution of multifamily development projects from inception through stabilization. This individual will serve as the primary owner of assigned projects, responsible for driving all aspects of the development process and ensuring successful delivery aligned with business objectives.
This is not a support role—we are looking for someone who can take full accountability for project outcomes, lead cross-functional teams, and proactively solve problems across the entire lifecycle of development.

About Bonaventure

Bonaventure is a vertically integrated real estate investment, development, and asset management firm focused on multifamily communities across the Mid-Atlantic and Southeast. The firm has developed, acquired, and managed a diverse portfolio of high-quality assets and is known for its disciplined investment approach, operational expertise, and long-term ownership mindset.

Key Responsibilities


Project Leadership & Ownership

  • Serve as the project lead for assigned developments from site selection through stabilization
  • Establish and drive project business plans including schedule, budget, and strategy


Cross-Functional Leadership

  • Coordinate architects, engineers, consultants, contractors, and internal stakeholders
  • Act as central decision-maker ensuring alignment across teams


Financial & Strategic Oversight

  • Own development underwriting, market research, and schedules
  • Drive cost control, value engineering, and financial performance
  • Work with our internal debt team to complete financing applications and secure loan commitments – usually with HUD.


Due Diligence & Rezoning

  • Lead due diligence phase
  • Manage municipal and community engagement processes as part of rezoning
  • Travel throughout Virginia as needed for project meetings and public hearings

Capital & Stakeholder Management

  • Interface with lenders, equity partners, and leadership
  • Internal and external monthly project reporting
  • Regular presentations and updates at Investment Committee


Design & Construction Leadership

  • Oversee design development to ensure alignment with project vision, market positioning, and financial goals
  • Lead efforts to obtain design approvals and permits
  • Facilitate GC pricing and value engineering efforts, leading to a final construction cost
  • Provide hands-on oversight during the construction phase, including regular site visits
  • Review and approve pay applications, change orders, and contractor requisitions
  • Partner closely with general contractors to resolve field issues and maintain momentum


Risk Management

  • Identify risks early and implement solutions
  • Maintain project momentum through problem-solving
Qualifications
  • 5–10+ years of relevant experience
  • Proven ability to lead projects through full lifecycle
  • Strong financial and construction knowledge
  • Experience managing contractors and consultants
  • Strong leadership and communication skills
  • Bachelor’s degree required; advanced degree preferred
Key Traits
  • Ownership mentality
  • Leadership presence
  • Strong work ethic
  • Decisiveness
  • Execution focus
  • Strong communicator
  • Experience with HUD financing a plus


Compensation & Benefits

  • Competitive base salary + bonus
  • Promote/carry opportunity
  • Comprehensive benefits


Location

  • DC Metro or Richmond Metro area