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Multifamily Development Jobs in Tennessee (NOW HIRING)

Elmington

Development Analyst

Nashville, TN

Elmington has developed more than 15,000 multifamily units and continues to be a leader in affordable housing and multifamily development, with a focus on creating high-quality communities and ...

Multifamily

Area Manager - Multifamily

Memphis, TN

Job Title Area Manager - Multifamily Summary * ESSENTIAL JOB DUTIES: * Operations - Ensuring the ... People development - Developing, mentoring, leading, and managing a high-performing, cohesive team ...

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Showing results 1-20

All JobsMultifamily Development JobsMultifamily Development Jobs in Tennessee

Multifamily Development information

See Tennessee salary details

$26.3K

$48.5K

$73.5K

How much do multifamily development jobs pay per year?

As of Jun 9, 2026, the average yearly pay for multifamily development in Tennessee is $48,483.00, according to ZipRecruiter salary data. Most workers in this role earn between $38,600.00 and $54,500.00 per year, depending on experience, location, and employer.

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

To excel in Multifamily Development, you need expertise in real estate finance, project management, market analysis, and a relevant degree such as urban planning, real estate, or construction management. Familiarity with project management software, financial modeling tools, and regulatory compliance systems is typically required. Strong negotiation, communication, and problem-solving skills set top performers apart in overseeing complex, multi-stakeholder projects. These skills are crucial for successfully navigating regulatory environments, managing budgets and timelines, and delivering profitable, high-quality multifamily properties.

What is multifamily development?

Multifamily development refers to the process of designing, constructing, and managing residential buildings that contain multiple separate housing units, such as apartment complexes, condominiums, or townhouses. These projects often involve site selection, securing financing, navigating zoning regulations, and coordinating construction and property management. Multifamily development plays a crucial role in providing housing options in urban and suburban areas and is a significant part of the real estate industry.

What is the difference between Multifamily Development vs Commercial Real Estate Development?

AspectMultifamily DevelopmentCommercial Real Estate Development
CredentialsReal estate license, development certificationsReal estate license, development certifications
Work EnvironmentResidential projects, urban and suburban areasOffice, retail, industrial projects
Employer & Industry UsageReal estate developers, housing authoritiesCommercial developers, investment firms
Search & Comparison IntentFocus on residential property developmentFocus on commercial property development

Multifamily Development primarily involves creating residential apartment complexes and housing units, often in urban or suburban settings. In contrast, Commercial Real Estate Development encompasses a broader range of projects like office buildings, retail centers, and industrial facilities. While both roles require similar credentials and work environments, their focus areas differ, catering to different market needs and investment strategies.

What are some common challenges faced by professionals in multifamily development projects?

Professionals in multifamily development often navigate complex zoning regulations, secure project financing, and manage multiple stakeholders, including architects, contractors, and local authorities. Coordinating these elements while keeping projects on schedule and within budget can be demanding. Additionally, market shifts and community feedback may require adjustments to plans, so adaptability and strong communication skills are essential for success in this field.
Multifamily Development jobs near you
Infographic showing various Multifamily Development job openings in Tennessee as of June 2026, with employment types broken down into 85% Full Time, and 15% Part Time. Highlights an 94% Physical, 3% Hybrid, and 3% Remote job distribution, with an average salary of $48,483 per year, or $23.3 per hour.

Multifamily-Development Associate - Nashville

DR Horton

Smyrna, TN • On-site

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Posted 25 days ago

D.R. Horton rating

7.5

Company rating: 7.5 out of 10

Based on 32 frontline employees who took The Breakroom Quiz

31st of 78 rated construction

Job description

D.R. Horton, Inc., the largest homebuilder in the U.S., was founded in 1978 and is a publicly traded company on the New York Stock Exchange. It is engaged in the construction and sale of high quality homes designed principally for the entry-level and first time move-up markets. The Company also provides mortgage financing and title services for homebuyers through its mortgage and title subsidiaries. Please visit our website at www.drhorton.com for more information.
DHI Communities is a multifamily development division of D.R. Horton, Inc.
DHI Communities is currently looking for a Development Associate - Multifamily in the Operations Department. The right candidate will be responsible for various tasks related to the direct development of assigned projects. Assist the Managing Director.
Essential Duties and Responsibilities include the following. Other duties may be assigned.
  • Source and underwrite development opportunities
  • Prepare pro-formas and financial projections for potential developments projects
  • Conduct field investigations which include: creating rent studies off the competitive properties, completing detailed analysis of the immediate neighborhood, high level evaluation of entitlements and in-depth summary of the land sales, and multifamily apartment sales in the immediate area
  • Manage zoning, entitlement, and permitting activities
  • Perform underwriting process, including analysis of market information, operational expense data, and estimated hard and soft costs
  • Establish project timeline and spending forecasts
  • Compilation of components for investment packages
  • Presentation of development opportunities
  • Coordinate with construction personnel as necessary to meet budget and timing targets
  • Work with third party consultants on construction plans entitlements and financing
  • Strategize with third party property management companies to maximize returns during lease-up
  • Support Development team in running the disposition process which includes, preparing properties for sale, creating financial evaluations, selecting brokers, negotiating purchase and sale agreements, and working with buyers from due diligence period through close
  • Establish and maintain communication and progress with local officials, brokers, consultants, etc.
  • Participate in decision making process regarding product, mix, parking, and design
  • Conducts all business in a professional and ethical manner to serve customers and increase the goodwill and profit of the company

Qualifications
Education and/or Experience
  • Bachelor's degree in Finance, Accounting, Economics or a related degree from a four-year college or university
  • Three to five years related experience and/or training
  • Proficient in advanced Excel Financial Modeling
  • Proficient in Adobe
  • Ability to apply common sense understanding to carry out instructions furnished in written, oral form or via DRH applications
  • Proficiency with MS Office and email

Preferred Qualifications
  • Registered planner or engineer
  • Experience with Multifamily Municipalities and entitlement preferred

Come join a winning team with a Fortune 500 company! We are growing fast and are looking for enthusiastic attitudes and team players to join our success. We offer an excellent benefits package including:
  • Medical, Dental and Vision
  • 401(K)
  • Employee Stock Purchase Plan
  • Flex Spending Accounts
  • Life & Disability Insurance
  • Vacation, Sick, Personal Time and Company Holidays
  • Multiple Voluntary and Company provided Benefits

Build YOUR future with D.R. Horton, America's Builder.#WeBuildPeopleToo
#DHICommunities

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