Location: Los Angeles , CA
Type: Direct Hire
Job #27555

Our well-established client is in search of a Director, Development. The Director ensures that projects are completed on time, within budget, and in alignment with organizational goals. This role also supports the Executive Vice President in identifying and securing future project opportunities. With competitive compensation, a hybrid work environment, and the ability to mentor a talented team, this is an excellent opportunity for someone to advance their career in real estate development.

Responsibilities:

Direct all development operations, including financial structuring, securing funding, and managing acquisition, predevelopment, construction, and permanent financing.
Supervise architects, consultants, property managers, contractors, and other team members.
Monitor construction and lease-up processes to ensure timely completion and compliance.
Identify acquisition opportunities and funding priorities in collaboration with the Vice President.
Develop and implement strategies to expand development capacity.
Negotiate investment terms with equity partners, including syndication of low-income housing tax credits (LIHTC).
Oversee and evaluate all financing phases to ensure feasibility and alignment with organizational goals.
Negotiate with public agencies and community groups to ensure project alignment and compliance.
Deliver public presentations on project designs and financing.
Communicate project updates and address issues across departments.
Ensure sufficient organizational capacity to meet business objectives.

For background check purposes, material duties of this position include directing financial structuring, securing funding, managing acquisition, predevelopment, construction, and permanent financing, supervision on internal/external team members, monitoring construction and lease-up process, identifying acquisition and funding opportunities, negotiating investment terms, overseeing all financing phases, negotiating with public agencies, and communicating project updates.

Minimum Qualifications:

Bachelor’s degree.
10 years of combined experience in real estate development, affordable housing and finance.
5 years of direct experience managing large-scale development projects.
Proficient in Microsoft Office Suite (Word, Excel, Outlook).

Preferred Qualifications:

Bachelor’s degree in Economics, Architecture, Public Administration, Planning, Real Estate Development, Business, or a related field; Master’s degree preferred.
Demonstrated experience with affordable housing funding resources and subsidy programs, including LIHTC, tax-exempt bonds, and the re-syndication process.
Solid understanding of financing sources such as LIHTC, MHP, AHP, CDBG, and HOME.
Experience with multi-family rental housing and for-sale development.
Knowledge of California’s affordable housing landscape and recent funding programs.
Experience negotiating complex public-private partnerships.
Knowledge of architectural, design, and construction management processes.
Strong analytical and organizational skills, especially in financial analysis.
Proven ability to manage teams and external vendors effectively.
Excellent interpersonal and communication skills, including public speaking.

Salary Range: $152,000 to $180,000*

*The above represents the lowest to highest expected salary range for this job opening. Our client ultimately may pay more or less than the posted salary range, and the salary range may be modified in the future. Our client will consider job-related factors including, but not limited to, education, qualifications, certifications, experience, skills, geographic location, and business or organizational needs when determining pay.

It is the policy and practice of Broekema Group to consider all applicants for employment on the basis of their qualifications, and without regard to unlawful considerations of race, color, national origin, sex/gender, sexual orientation, gender identity or expression, age, religion, disability, protected medical condition, genetic information, pregnancy, marital or domestic partnership status, military or veteran status, or any other legally protected basis. Qualified applicants with arrest or conviction records will be considered for employment.

If you require reasonable accommodation in completing this application, interviewing, completing any pre-employment testing, or otherwise participating in the employee selection process, please direct your inquiries to Human Resources, 858-752-6200, humanresources@oncallemployees.com.

Reasonable accommodations in all aspects of employment, including the application process, are available upon request of a qualified applicant or employee with a disability. Certain job assignment offers are contingent upon successfully passing a physical examination, which may include drug and alcohol testing, if required by the client company.

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Director, Development