Director of Development - Real Estate Investments

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.

The RoleWe’re seeking an experienced Director of Development to play a central role in executing active development projects while helping source, evaluate, and structure new investment opportunities.This is a senior, hands-on role with responsibility across the full development and investment lifecycle—from underwriting and deal structuring to entitlement, construction, and stabilization. You’ll work closely with senior leadership on strategy, capital formation, and project delivery, while acting as a key driver of execution across multiple initiatives.

What You’ll DoDevelopment & Execution

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

Investment & Underwriting

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

Capital & Partnerships

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

Strategy & Asset Management

Contribute to portfolio-level strategy, asset management decisions, and exit planning
Develop market-level insights and support long-term investment strategy

What We’re Looking ForMust-haves:

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

Bonus points for:

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

Why Join Rastegar

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

Ready to Join the Rastegar Team?We’d love to hear from you. You can apply in one of the following ways:• Send your resume (in English) to <[email hidden]> with the subject:“Director of Development – [Your Name]”• Apply through our hiring platform: Trakstar