Drew Caraway
San Antonio,,TX
Summary
Results-oriented Director of Development with extensive experience in delivering over 1,500 multifamily units totaling $300MM+ in Central Texas. Skilled in overseeing the entire development lifecycle, ensuring projects are executed with precision and quality. Committed to maximizing stakeholder value through effective management and proactive strategies.
Overview
7
7
years of professional experience
Work History
Director of Development
Casey Development, Ltd.
San Antonio, TX
10.2021 - Current
- Actively oversee the development and management of Tacara, a Class 'A' multifamily platform.
- Manage entire project life cycles to ensure adherence to milestones and deliverables including consultants, general contractors, and property management companies.
- Established market trends with high-performing assets, achieving top-of-market rental rates and accelerated lease-up durations.
- Implemented asset management strategies for multifamily portfolio, adapting to changing investment horizons and macroeconomic factors affecting the industry.
- Enhanced stakeholder value through entrepreneurial approach and meticulous attention to detail.
- Engaged in sourcing debt and equity capital for projects. Contributed to presentations aimed at attracting prospective capital and informing internal leadership. Reviewed agreements to support effective capital sourcing efforts.
Development Associate
Casey Development, Ltd.
San Antonio, TX
11.2019 - 10.2021
- Assisted with development of Class 'A' multifamily projects across all phases.
- Led operation start-up efforts of third-party management companies across multiple assets.
- Managed successful sale of self-storage portfolio valued over $100 million.
- Gained exposure to various asset types, including office, retail, self-storage, and industrial projects.
Development Intern
Casey Development, Ltd.
San Antonio, TX
11.2018 - 10.2019
- Conducted market and financial analysis to inform strategic decision-making.
- Prepared offering memorandums to support investment opportunities.
- Implemented marketing strategies to enhance investor relations and engagement.
- Facilitated communications between consultants and permitting authorities to expedite approvals.
Education
Master of Science - Finance
The University of Texas At San Antonio
San Antonio, TX05-2019
BBA - Real Estate Finance & Development
The University of Texas At San Antonio
San Antonio, TX05-2016
Skills
- Stakeholder management
- Team leadership
- Financial modeling
- Attention to detail
- Asset valuation
- Problem solving
- Qualitative analysis
- Financial forecasting
- Asset management
- Market analysis
- Project management
- Investor relations
Professional Organizations
- Real Estate Council of San Antonio (RECSA)
- ULI San Antonio
- CCIM South Texas Chapter
Timeline
Director of Development
Casey Development, Ltd.
10.2021 - Current
Development Associate
Casey Development, Ltd.
11.2019 - 10.2021
Development Intern
Casey Development, Ltd.
11.2018 - 10.2019
Master of Science - Finance
The University of Texas At San Antonio
BBA - Real Estate Finance & Development
The University of Texas At San Antonio
Similar Profiles
Michelle SpragginsMichelle Spraggins
Commercial Property Manager at Casey Development/Baxter Southwest Corporate RealtyCommercial Property Manager at Casey Development/Baxter Southwest Corporate Realty
CHARLENE NAULTYCHARLENE NAULTY
Senior Director, Field Office at Casey Family ProgramsSenior Director, Field Office at Casey Family Programs
Jacob LoeweJacob Loewe
Pool Lifeguard at Casey RACEPool Lifeguard at Casey RACE
Lilliana MezaLilliana Meza
Neonatal Nurse Practitioner at Pediatrix Medial GroupNeonatal Nurse Practitioner at Pediatrix Medial Group
Arcadio GarciaArcadio Garcia
Foreman at BrandSafwayForeman at BrandSafway