Director of Real Estate Development
Company: iHire
Location: Los Angeles
Posted on: May 16, 2022
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Job Description:
West Hollywood Community Housing Corporation (WHCHC) is a
non-profit real estate developer that has been creating affordable
housing for low-income seniors, working families and people with
special needs for over 30 years. WHCHC---s mission is building
housing and providing services that move people from insecurity to
stability. WHCHC---s projects include both new construction and
major rehabilitation. WHCHC is looking for a Director of Real
Estate Development. This is an exciting position that oversees the
real estate development activities of WHCHC. The Director of Real
Estate Development should have significant experience leading a
team, managing all aspects of the development process, and
identifying new development opportunities. Role And
Responsibilities Identify new acquisition opportunities. Supervise
project managers and direct their work through all phases of real
estate development. Train and mentor project managers/assistant
project managers as appropriate. Research potential funding sources
and assist project managers with financial structuring. Supervise
design, consultant and construction team selection. Review and
approve project pro formas, funding applications, legal documents,
loan agreements, schedules, budgets and draw requests. Present
projects to the Board of Directors for approval. Maintain a
collaborative and supportive team environment and provide ongoing
staff training. Serve as a representative of WHCHC and spokesperson
for its projects and mission. Build and maintain positive
relationships with stakeholders and partners, including public
officials, government agencies, lenders and investors. Perform
other duties as may be necessary to further WHCHC---s mission.
Experience & Qualifications 8-10 years as a Project Manager
managing low-income housing tax credit projects and with
supervisory responsibilities. Extensive affordable housing
development experience including property due diligence and
acquisition, land use and entitlement, site planning and design,
and construction. Extensive financial structuring experience
including securing public subsidies, low-income housing tax credits
and tax-exempt bonds. Strong analytical and problems solving
skills; good client and public presentation skills; and excellent
oral and written communication skills. Excellent managerial skills;
ability to initiate and maintain effective and cooperative working
relationships with team members, colleagues, consultants, local
government agencies, lenders/investors and community stakeholders.
Highly organized and detail-oriented; capacity to handle multiple
tasks simultaneously in an efficient and timely manner; ability to
work well under pressure; and ability to successfully meet project
deadlines. An entrepreneurial and creative approach to
problem-solving in the field of real estate development; enthusiasm
and team building spirit. A bachelor---s degree. Proficiency with
the MS Office suite including sophisticated real estate financial
analysis using MS Excel. Compensation This is a senior-level
development position. The salary is commensurate with experience.
Current benefits include health, dental and vision insurance,
(403)(b) retirement plan, free parking, vacation and sick leave.
This is a full-time position. Some evening and weekend meetings
will be required. This position requires local travel in the normal
course of performing job duties with mileage reimbursement. Must
have access to reliable transportation to perform job duties, valid
driver---s license and meet the state required amount of personal
automobile liability insurance. A criminal background check and
review of current driving record will be required. Work
Environment/Equipment Used The work environment will usually be in
a professional office setting, business casual. The noise level is
usually quiet to moderate. The individual in this position may
operate any or all standard office equipment including personal
computer and personal automobile. Physical Activity The Director of
Real Estate Development is required to talk, see and hear. In the
course of performing this job, the Director of Real Estate
Development typically spends time sitting, standing, walking,
stooping, kneeling, crouching, and climbing stairs,
listening/speaking, writing, and operating a personal computer and
personal automobile. Director of Real Estate Development must
possess the ability to lift up to 30 lbs. Application Process LOCAL
CANDIDATES ONLY. Please email cover letter, resume and salary
requirements. Applications without a cover letter will not be
considered . Employment Type: Full Time Years Experience: 5 - 10
years Salary: $130,000 - $170,000 Annual Bonus/Commission: No
Keywords: iHire, Los Angeles , Director of Real Estate Development, Executive , Los Angeles, California
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