Managing Director – Development & Investment Position Available In Palm Beach, Florida
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Job Description
Macdonald & Company is proud to be exclusively retained by a leading international real estate investment and development firm to appoint a Managing Director in South Florida, as they expand and institutionalize their U.S. operations. Headquartered in Europe, our client brings a robust track record across real estate investment and development, with successful projects delivered in Europe, the Middle East, and the United States. Having already completed several investments in the U.S., the firm is now formally launching its on-the-ground platform – with committed capital and a long-term mandate to scale. This is a rare opportunity to lead from the front – building partnerships, securing capital, and delivering project – while shaping the U.S. growth story for a well-capitalized, globally active investor. About the
Role:
Based in either West Palm Beach or Miami, FL, the Managing Director will take charge of sourcing, structuring, and executing real estate development opportunities across high-growth U.S. markets. The role operates within a co-General Partner model, requiring a deep network of partners, strong deal execution skills, and experience in raising Limited Partner (LP) capital. Reporting directly to the firm’s senior leadership, this individual will be pivotal in scaling a U.S. investment and development platform from day one. Key Responsibilities Develop and execute a comprehensive strategy for sourcing real estate development opportunities aligned with the firm’s investment objectives. Identify, engage, and build relationships with local co-GP partners to jointly develop and execute investment opportunities. Collaborate with co-GP partners to structure deals and align project goals. Lead efforts to raise LP capital, either alongside co-GP partners or independently, ensuring sufficient funding for targeted projects. Oversee due diligence, feasibility analysis, and underwriting of potential investments. Negotiate and structure deal terms with all stakeholders, ensuring alignment with the firm’s objectives. Lead the development and construction phases, ensuring projects are delivered on time and within budget. Monitor market trends to identify emerging opportunities and mitigate risks. Report directly to the Board of Directors, providing insights into market conditions, deal progress, and portfolio performance. Qualifications 10+ years of experience in real estate development, investment, or private equity, with a proven track record of sourcing and executing deals. Demonstrated success in working within a co-GP model, including identifying partners and raising LP capital. Extensive knowledge of real estate markets, zoning, financing, and construction processes. Strong leadership skills with the ability to manage multidisciplinary teams. Exceptional negotiation, communication, and relationship-building abilities. Advanced degree in real estate, finance, business, or a related field preferred. Must be based in, or willing to relocate full-time to, West Palm Beach or Miami, FL.