1145 Senior Development Manager Affordable Housing
1145 Senior Development Manager Affordable Housing
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Job Description
Job Description
Our client is looking for a Senior Development Manager for its Affordable Housing division. Reporting to the Senior Vice President of Development the ideal candidate will have handson experience in multifamily rental housing development finance and construction focusing on new construction and the rehabilitation of affordable housing.
The SDM will oversee all project aspects including entitlements design financial analysis budgeting and construction management.
HYBRID: This position is based in Irvine BUT has a nice hybrid schedule of Tuesday and Wednesday in office and the rest of the week is WFH. (work from home).
Firm Overview
- Established in 1989 our client is a fullservice real estate firm in California developing projects ranging from lowincome townhomes to luxury apartments. They are committed to the highest standards in design construction and property management consistently creating communities that set industry benchmarks.
Responsibilities
- Financial Analysis:Manage project proformas development costs and cash flows while researching funding sources.
- Acquisition: Conduct financial analysis and due diligence on new development opportunities and respond to Requests for Qualifications or Proposals.
- Government Subsidy: Compile financing applications for state and local programs including lowincome housing tax credits and taxexempt bonds.
- Planning and Design: Manage the consultant team and ensure project deliverables are on track.
- Entitlement Processing: Assist in obtaining land use approvals and building permits and prepare community outreach documents.
- Operations: Prepare budgets cash flow projections and financial forecasts.
- Construction: Coordinate loan draws and project deliverables while working with the construction manager.
- LeaseUp/Marketing: Support leaseup targets in collaboration with the property management company.
Qualifications
- Bachelors degree preferred in real estate business administration public policy or a related field.
- 3 to 6 years of experience in multifamily housing development and finance.
- Proficient in MS Excel Word PowerPoint and Project.
- Strong project management skills; able to manage multiple deadlines effectively.
- Intelligent thinker with strong curiosity and attention to detail.
- Excellent prioritization organizational and multitasking abilities
- High energy team player and selfstarter.
- Strong written and verbal communication skills.
Desired but Not Required Qualifications
- Experience in Southern California.
- Knowledge of CEQA including experience with planning and entitlements processes in California.
- Experience with HUD and Public Housing Authority programs.
- Masters Degree in related field.
Reasonable compensation expectation is a range based on experience in this field. We can fill this position from a Project Manager to a Senior Project Manager level.
145185K plus strong bonus and benefits.
Gillian Executive Search leader in affordable housing real estate development and construction recruiting. Contact Kipp Gillian to learn more about this position. www.gessearchx 1
Required Experience:
Manager
Employment Type
Full-Time
