Director of Development - Real Estate Investments

We’re looking for a Director of Development
Based 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 Us
Rastegar 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