by CSB Staff •
April 1, 2014 •
Awards & Recognition, Development •
Comments (0) •
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Photo via Josh Bruno
Josh Bruno, the well-known real estate investor and developer throughout the Gulf Coast region, is the current president of three development companies including Metro-Wide Apartments, Bruno, Inc. and the Downtown Development Group.
The development holding company, Bruno, Inc., has announced they are looking to hire a Real Estate Development Officer position in New Orleans.
Bruno says they are looking for another leader due to their growth and continued work overload. The hire will be responsible for the companies’ short and long term development goals and objectives are met through proper site selection, acquisition, budgeting, bidding and development.
“I have more than 20 projects in the pipeline,” continued Bruno. “We need another deal killer that can assist in completing our goals both short and long term.” The ideal candidate is a problem solver, deal maker, someone who doesn’t take no for an answer, a very determined leader both in their personal life and in business. “We are looking for someone who can think on their feet and lead the team or be self-disciplined to focus on their task at hand….A type a personality that can’t settle.” Bruno is the brains behind the newly announced Granaio, a 10 story, $20 million loft tower.
This new position offers a compensation package base salary between $40,000 and $65,000 along with time and budget bonus incentives and production bonuses. “The real money is in growth, and meeting and exceeding timelines,” said Bruno. He is not opposed to interviewing or hiring someone that has experience in the construction or rehab and real estate field. “At times people that have learned all the know on the street and in the field far outweigh the classroom.”
Bruno, Inc. is a progressive and dynamic company, according to Bruno. “It’s not a ‘typical’ development company.”
The potential hire has a chance to join a booming company. In just a few years, they have stayed steady at a growth rate averaging 30% each and every year, even with the mortgage crisis.
Bruno says they are a small company, valued at over $55 million with very little debt, poised for both stability and expansion. “We are far from hitting our stride, but in the next four to six years, I fully expect our development team to continue in our direction of a mixed portfolio of development both locally and throughout the US market,” Bruno told Canal Street Beat. “We move very fast and make immediate in house decisions.More importantly, even if we dont find the right deal for bank funding, we have the capital to finance many projects in all cash.”