Manager, Development

Description

WELLTOWER – REIMAGINE REAL ESTATE WITH US

At Welltower, we’re transforming how the world thinks about senior living and wellness-focused real estate. As a global leader in residential wellness and healthcare infrastructure, we create vibrant, purpose-driven communities where housing, healthcare, and hospitality converge. Our culture is fast-paced, collaborative, and endlessly ambitious—guided by our mantra:
The only easy day was yesterday.

We’re looking for bold, independent thinkers who thrive on challenge, embrace complexity, and are driven to deliver long-term value. Every team member is empowered to think like an owner, innovate fearlessly, and lead from where they stand. If you're passionate about outcomes and inspired by the opportunity to shape the future of healthcare infrastructure, we want you on our best-in-class team.

Summary

The Development Manager, Wellness Housing (US) is responsible for the day-to-day execution of assigned projects across Welltower's Wellness Housing portfolio, spanning Active Adult, build-to-rent (BTR), multifamily, single-family home, duplex, multiplex, and cottage product types. The role sits within the Wellness Housing Development team and owns project management from site identification and pre-development through construction turnover and community launch.

The Development Manager partners closely with Investments, Construction, Legal, Finance, Asset Management, and operating partner teams to underwrite opportunities, coordinate due diligence, advance entitlement and design work streams, and manage projects through construction and stabilization.

Key Responsibilities

Project Execution & Delivery

• Own day-to-day management of assigned Wellness Housing projects from pre-development through construction turnover and community launch, ensuring delivery on schedule, on budget, and to Welltower's quality standards.
• Manage project schedules, budgets, and cross-workstream coordination across internal teams and third-party consultants.
• Track project performance against underwriting assumptions and surface variances to leadership with recommended actions.
• Support change order review, contingency management, and cost-to-complete forecasting throughout the construction cycle.
• Coordinate closely with the Wellness Housing Construction Management team on constructability, delivery timing, and turnover planning.

Feasibility, Underwriting & Deal Support

• Conduct market research, competitive analysis, and site feasibility work to support deal screening and pursuit decisions.
• Support underwriting and pro forma modeling in coordination with Investments and Finance, including sensitivity analysis, return metrics, and stabilized yield calculations.
• Contribute to Investment Committee materials and support the presentation of projects through Welltower's capital approval process.
• Provide input on constructability, budget, and schedule assumptions that feed underwriting and deal terms.
• Coordinate due diligence work streams across assigned projects, including environmental, geotechnical, survey, title, zoning, and utility reviews.
• Manage entitlement and permitting activities, working with planning advisors, architects, engineers, and local jurisdictions to secure zoning approvals, site plan approvals, and building permits.
• Track entitlement risks and pathways and surface timing implications to leadership and Investments in advance.

Third-Party & Operating Partner Coordination

• Serve as the day-to-day point of contact for architects, engineers, general contractors, cost consultants, and other third-party consultants on assigned projects.
• Coordinate with operating partners on design input, FF&E procurement, pre-opening planning, and turnover logistics.
• Support contract negotiation with…