Profile ID#9934
Director of Development
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MBA – Top 10 Nationally Ranked Business School
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Concentrations in Finance and Real Estate
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Bachelor of Science in Economics – Top 10 Nationally Ranked University
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Concentrations in Finance and Management
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Current Role: $5B+ REIT
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Selected for internal promotion due to recognition of high performance
- Skilled Development Manager with expertise in large-scale, urban masterplans
- Led the vertical development of 3 Affordable Housing projects within a 20+ acre masterplan
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Responsible for financial analysis, pro-forma modeling, due diligence, construction management, leasing management, etc.
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Management consulting experience for 2 years prior to business school
Reference Quotes & Endorsements
“They are focused, hard-working and driven and is recognized as one of the rising stars in the organization. They were often sought out to work on new opportunities because of their superior analytical skills. They have the ability to successfully manage diverse teams both within and outside the company on account of their engaging personality and strong communication skills."
Affordable Housing Owner-Operator & Development
Development Project Manager
View this Job on LinkedIn
Our Client
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A rapidly growing, private Developer of diverse real estate projects, including acquisition-rehabs and new construction projects, specializing in Affordable Housing
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Have been ranked in Affordable Housing Finance’s Top 8 nationally
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Growing and expanding geographically with a presence in 19+ states
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20%+ year-over-year growth rate
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$1B+ in assets within Affordable Housing; averaging about 10 new deals/year
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Track record of success acquiring/rehabbing/developing 15k+ units
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Well-capitalized organization, providing the ability to close deals quickly and in any economic environment
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Reputation for promoting from within and rewarding top performers accompanied by an upbeat, high-performing team with a forward-thinking and progressive culture
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Entrepreneurial and collaborative environment
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Strong learning and advancement opportunities, including taking on more responsibility and autonomy with the projects you’re managing
The Opportunity
Scope of Responsibility
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Primary job responsibilities will be to coordinate, implement, and manage activities related to Affordable Housing development
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Support the leadership team in all aspects of Affordable Housing and LIHTC acquisition, rehabilitation and development
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Support acquisitions and new construction efforts including analyzing potential development projects for the firm
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Research and help to develop financing sources, prepare financing applications and meet other lender requirements
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Prepare and update project proformas and complete project funding applications to local, state, and federal agencies and ultimately close the financing with all such agencies
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Coordinate and manage third-party contacts and vendor teams
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Manage and advise the Construction team to ensure timely completion of a financially feasible and operationally viable project
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Prepare and monitor project budgets, cash flow projections, and project schedules including monitoring contract compliance throughout the development process
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Perform site inspections; coordinate with Accounting on tax returns and audits and collaborate with Asset Management to establish and ensure long-term quality
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Initiate and maintain professional relationships with outside entities and stakeholders
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Strategize and coordinate with other departments to make certain programmatic issues regarding development and operations are addressed
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Frequent travel will be required
Required Education & Experience:
Candidates for the Project Manager position should have a minimum of a Bachelor’s degree and five years of on-the-job experience in Real Estate Development with an emphasis in multifamily affordable housing development project management and LIHTC. A Master’s degree in a relevant field is a plus.
Candidates should be skilled with MS Office suite and recognize that detail-oriented tasks are critical to a business’s long-term success. The position may include additional Project Management responsibilities, as listed below:
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A Bachelor’s degree and years of on-the-job experience in Real Estate Development preferred with an emphasis in multifamily housing and Affordable Housing development project management
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Experience in Affordable Housing / LIHTC required
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Prior experience in development project management is a plus
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Skilled in MS Office suite
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Strong awareness and attention to detail as assigned tasks are critical to the long-term success of the organization
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High degree of independence, motivation, and accountability
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Exposure to private and public debt financing and equity typical of Affordable Housing development
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Able to work with time sensitive material and meet multiple competing deadlines
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Exceptional organizational, analytical, and written and verbal communication skills and a high capacity to multi-task
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Excellent interpersonal skills are a must as well as the ability to work effectively with a team
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Ability to travel as needed