Project Manager Real Estate Development
Project Manager Real Estate Development
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$ 125000 - 160000
1 Vacancy
Job Description
Summary Statement:
The Project Manager (Real Estate Development) is responsible for guiding new development and major rehabilitation projects from initial due diligence through construction closeout and bond exoneration. The role involves coordinating all phases of the development process including due diligence entitlements permitting and construction oversight. This position ensures that projects are completed on time within budget and in compliance with all necessary approvals. As RHFs development activities are nationwide frequent travel may be required.
The Project Manager plays a key role in managing technical disciplines (consultants architects engineers etc. required to secure permits and approvals. The role also includes establishing project budgets and schedules with the Vice President of Development Finance and the Vice President of Acquisitions and Development as well as other staff ensuring seamless coordination throughout the project lifecycle.
Typical Duties and Responsibilities:
- Site Acquisition and Initial Due Diligence 10
- Collaborate on initial site due diligence including site evaluations market assessments and feasibility studies.
- Assist in obtaining necessary RHF internal approvals to advance projects.
- Work closely with real estate agents and other consultants to support land acquisitions and lease agreements.
- Entitlements Permitting and Construction Oversight 50
- Monitor the entitlement and permitting process working with the Entitlements Project Manager city planners public agencies and other stakeholders to secure necessary approvals.
- Coordinate with architects civil engineers soils and environmental consultants to prepare and submit necessary documentation for permits.
- Oversee construction progress monitoring quality adherence to project schedules and budget.
- Review negotiate and approve change orders and Requests for Information (RFIs) with final approval from the VP of Acquisitions and Development.
- Ensure proper coordination of constructionrelated activities including utility easements permits and site logistics.
- Project Funding Application Preparation 10
- Assist in preparing applications for project funding including loans grants tax credits and other financing mechanisms.
- Collaborate with the Vice President of Development Finance to ensure accurate financial models and budget projections.
- Travel and Coordination with Operations 30
- Travel to various project sites across the country for onsite inspections stakeholder meetings and coordination with local authorities.
- Coordinate closely with RHF Operations to ensure a smooth transition from construction completion to leaseup or resident movein.
Key Responsibilities:
- Budget and Schedule Management:
- Collaborate with the VP of Development Finance and VP of Acquisitions and Development to establish and manage project budgets and timelines.
- Monitor financial performance ensuring projects remain on budget and addressing any cost overruns or delays promptly.
- Construction Monitoring:
- Review construction billings draw requests and contractor invoices for completeness and accuracy.
- Coordinate easement approvals permits and regulatory compliance documentation to avoid project delays.
- Address and resolve any issues affecting project timelines quality standards or financial constraints.
- Stakeholder Engagement:
- Make presentations before public and private bodies including city planning boards and neighborhood associations to secure community and regulatory support for development projects.
- Act as the liaison between RHF and all external stakeholders including government agencies contractors and community organizations.
- Quality Control & Risk Management:
- Ensure construction quality is in line with RHF standards and that all projects meet local state and federal requirements.
- Track construction progress and proactively manage risks that may impact the schedule or cost of the project.
Qualifications:
- Education:
- Bachelors degree in Real Estate Development Architecture Engineering Construction Management or a related field is required.
- Experience:
- Minimum of 5 years of experience in project management within real estate development acquisitions due diligence affordable housing or construction.
- Proven experience managing phases of development projects from acquisition to construction closeout.
- Knowledge of affordable housing development including HUD LIHTC (LowIncome Housing Tax Credits) and other federal/state financing programs is a plus.
- Skills:
- Strong project management skills with the ability to manage multiple projects and deadlines concurrently.
- Excellent financial acumen with experience in budgeting forecasting and managing project costs.
- Strong understanding of permitting entitlement processes and regulatory compliance.
- Proficiency in project management software as well as Microsoft Office Suite (Excel Word PowerPoint).
- Excellent communication negotiation and presentation skills.
Work Environment & Physical Requirements:
- Travel:
- Travel is required to RHF properties nationwide including overnight stays.
- Physical Requirements:
- Must be able to perform site visits walk construction sites and inspect project progress.
- Ability to lift and carry light loads of up to 50 pounds when needed.
Compensation:
Actual base salary is determined based on several factors including but not limited to geography jobrelated knowledge experience and budget considerations. The starting salary within the range is typically aligned with the minimum experience required for the role.
The role is considered exempt so it is not eligible for overtime pay in accordance with federal and state law. The anticipated base pay range for the position is $K annually.
Benefits:
- Competitive pay
- Health dental and vision insurance
- Paid time off and holidays
- Retirement savings plan
- Employee assistance and more
- Term life and Voluntary supplemental life insurance
Why RHF
At RHF we are dedicated to making a meaningful difference in the lives of our residents. We strive to create vibrant communities where individuals can thrive regardless of age or background. With over 50 years of experience in providing affordable housing and supportive services RHF is a missiondriven organization that focuses on the wellbeing independence and dignity of every resident we serve. We offer a collaborative and supportive work environment opportunities for professional growth and a commitment to making a lasting impact in the communities we serve. Join us in our mission to create positive change and improve livesbecause at RHF we believe in making every day better for those who need it most.
Required Experience:
IC
Employment Type
Full-Time
