Purpose of the Position:-

To entail and implement and managing all aspects of development of high quality affordable housing developments, from the earliest visioning stages through construction completion.

Scope of Work:

To responsibly manage the entire gamut of project financing, approving, and designing infrastructure, townhouse, condominium, and affordable housing developments.

Detailed Job Description of the Project Manager - Real Estate is they:

- Will structure and close complex mixed-finance deals with multiple lenders, including managing due diligence process

- Would be serving as a primary point of contact with partner agencies, community organizations, political officials and funders in existing and new markets

- Will be collaborating with partner agencies and/or independently identifying potential sites and conducting due diligence around sites

- Will manage design process to ensure compliance/waiver/approval by City, State, and Authority approval, financing sustainability, and design standards

- Will prepare project feasibility analysis and making recommendations to the senior leadership team for advancing projects

- Should be managing construction bidding/pricing process for inclusion in the final project budget, and reviewing legal documents for structuring, risk management, and tax issues

- Will assist and participate in negotiating pricing and other terms for the acquisition of property, evaluating government entitlements required for development

- Would be preparing and maintaining pre-development budget, development budget, construction cost, operating budget, All-year cash flow, project timeline, and other project underwriting

- Must negotiate and draft letters of intent (LOI) for purchase with sellers, and applying significant knowledge of related regulations and industry standards to proposals, applications, and closings, including legal and project document review, and day-to-day decisions

- Would be facilitating community and public agency support and approvals of master plan changes as will be required to adjust to the market, including zoning, permitting, and financing requirements.

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