Director of Development - Real Estate Investments
Job Description
We’re looking for a Director of DevelopmentBased in Austin, TX | Full-Time | Hybrid
Join a fast-growing real estate investment and development platform that’s scaling across high-growth U.S. markets with disciplined execution, strong capital partnerships, and an ambitious development pipeline.
About UsRastegar Capital is a privately held, fully integrated commercial real estate investment and development platform focused on high-growth Sunbelt markets. We invest across multifamily, industrial, office, and large-scale mixed-use developments.Founded and led by Ari Rastegar, the firm has built a growing portfolio of operating assets while advancing a robust pipeline of ground-up and value-add development opportunities—particularly in Austin and Dallas.As we enter our next phase of growth, we’re expanding our internal leadership team to support execution, capital deployment, and long-term value creation.
- Lead development projects from acquisition through entitlement, design, construction, and stabilization or disposition
- Oversee budgets, schedules, consultants, and construction teams to ensure disciplined execution
- Manage due diligence, feasibility analysis, and risk assessment across active projects
- Evaluate new investment opportunities and lead underwriting and financial modeling
- Assess returns, capital structures, and development feasibility across multiple asset classes
- Contribute to investment committee materials and internal decision-making
- Support equity and debt capital relationships, including joint ventures and co-GP structures
- Assist in structuring and negotiating partnership agreements
- Work alongside leadership on capital formation and investor-facing materials
- Contribute to portfolio-level strategy, asset management decisions, and exit planning
- Develop market-level insights and support long-term investment strategy
- 7–10 years of experience in U.S. real estate investing and development
- Hands-on experience across acquisitions and ground-up development
- Advanced underwriting and financial modeling capabilities
- Direct experience managing projects through the full development lifecycle
- Strong understanding of real estate financing, equity raises, and joint venture structures
- Ability to manage multiple initiatives independently in a fast-paced environment
- Excellent written, verbal, and presentation skills
- Existing relationships with U.S.-based private capital (HNWIs, family offices, institutional partners)
- Experience in Sunbelt markets, especially Texas
- Background at a private real estate firm, developer, or owner-operator
- Competitive base salary
- Annual performance-based bonus
- Long-term incentive participation tied to deal performance and value creation
- High-impact, leadership-level role with visibility across the platform
- Opportunity to help shape and scale a growing development pipeline