A leading Real Estate firm is seeking a Development Manager to join their expanding Development department. As a Development Manager, you will play a crucial role in the successful execution of multi-family developments, requiring strong leadership, project management, financial acumen, and relationship-building skills. This Development opportunity offers a competitive compensation and benefits package as well as the flexible work options (mostly remote with occasional travel to project job-sites).
Responsibilities:
Lead end-to-end project management for multi-family affordable housing developments.
Manage project finances, including tax credit acquisition and funding analysis.
Build and maintain key relationships with stakeholders (internally and externally), including all third parties (e.g., consultants, public funders and private lenders/equity providers, community organizations, architects, construction managers, government liaisons, etc.).
Secure community and agency approvals for projects.
Develop budgets, schedules, and financial forecasts.
Ensure compliance with LIHTC regulations, industry standards and internal company deal standards.
Supervise financing applications and oversee the lease-up process.
Mentor project team members and facilitate professional growth.
Identify new affordable housing opportunities for acquisition.
Minimum Qualifications:
Bachelor’s degree
10 years of experience within development, including 3 years within affordable housing
Proficient in MS Suite (Word, Excel, Outlook)
Preferred Qualifications:
Master’s degree
Extensive knowledge and understanding of affordable multi-family housing developments
Excellent attention to detail and problem solving skills
Strong organizational skills and ability to multi-task
Ability to work effectively with varying stakeholders (internal and external)
Excellent communication skills, both written and verbal
Salary Range: $150,000 – $160,000*
*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.