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Director of Real Estate Development

Company: iHire
Location: Los Angeles
Posted on: May 16, 2022

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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