Senior Director of Development

Job Description

EDUCATION AND EXPERIENCE:

• Bachelor’s degree in Finance, Real Estate, or a related field
• MBA a plus but not required
• 5-7 years Development experience preferably with a variety of product types
• 2-3 years Asset Management experience preferred
• Public private Partnership experience a plus
• Mixed-use, higher education, and affordable housing experience

• Demonstrated proficiency with Microsoft Office products
• Understanding of HUD, Fannie, and Freddie guaranteed loan programs
• Knowledgeable about RAD, LIHTC, and other affordable and workforce housing programs

SKILLS AND ABILITIES:

• Excellent verbal, written and interpersonal communication skills
• Must exhibit strong creative/strategic thinking skills
• Demonstrated history of financial underwriting, modeling and reporting experience required
• Strong quantitative background and understanding of real estate deal capitalization
• Strong professional written and verbal communication skills required
• Ability to work independently, present recommendations and interact with Executive management in the decision-making process
• Keen attention to detail with ability to prioritize, organize and manage multiple deadlines
• Self-starter with positive attitude and strong work ethic

RESPONSIBILITIES:

Primarily responsible for leading the day-to-day execution of the firm’s real estate development pipeline, which includes tasks ranging from feasibility, financial underwriting, financial modeling and analysis, preparation of approval packages, and general transaction management.

• Leads real estate consulting and development activities
• Conducts financial analysis, including the creation of detailed pro-forma and financial models including mixed-use projects with a variety of asset types and multiple debt and equity sources
• Provides support consistent with all aspects of determining project feasibility
• Conducts analyses to address complex financial issues and determine financial deal viability
• Willingness to learn, demonstrate, and apply better methods of analyzing real estate transactions
• Develops vendor selection criteria and evaluates bid submissions using same criteria
• Assists with the design, implementation expansion and continuous improvement of portfolio management
• Contributes to pipeline development, prepares written response to various request for proposals
• Develops and delivers presentations for pipeline real estate projects to executive staff, board members, city officials, and the general public
• Manages the preparation of application materials for various financing sources as well as U.S. Department of Housing and Urban Development (HUD) approvals for development projects
• Actively engaging with owners, brokers, equity partners, lenders, and attorneys as appropriate
• Occasional travel is required

This position opening is an immediate need. Candidate must be currently available (with a professional notice if presently employed).