The Real Estate Project Manager manages complex affordable housing development projects from concept, through construction completion, and asset management. The Real Estate Project Manager will engage in many facets of the real estate development process, including financing and budgets, design and construction, marketing and lease-up, legal and regulatory processes, permitting, and zoning.
Essential Functions/Key Responsibilities:
Manage the development of LIHTC and other subsidized housing projects and seek/create new housing developments
Coordinate with partners in managing the land assembly and disposition process, ownership structuring, public approval process, and phasing and implementation plan
Implement public realm infrastructure improvements supporting development, including soliciting funds and design and construction oversight
Assemble financing and submit applications for grants, equity, and loan programs for both public and private entities
Interface directly to prepare all elements of the project, including the scope of work, project delivery resource requirements, cost estimates & budget, work plan schedule & milestones, quality control, and risk identification
Assess LIHTC investor proposals
Oversee and track project financials
Solicit, negotiate, and oversee third-party consultant services
Manage closing for purchase, loan, and equity investments
Oversee project budgets, the planning, design, construction process and schedules, occupancy, and closeout Oversee project marketing and lease-up
Maintain investor and lender relationships
Provide for asset management once a project is completed
Assist in the management and provide input on GLCAC’s capital needs projects
Other duties as assigned
Skills & Qualifications:
Minimum 5-7 years experience in Real Estate development or related field
LEED AP, PMP, and/or CMM designation(s) preferred
Bilingual Spanish/English a plus
Thorough knowledge of the real estate development process, including overall deal structuring, finance, design, and construction
Prior experience working on Low Income Housing Tax Credit projects
Experience with mixed-use development projects
Familiarity with developing public infrastructure and amenities a plus
Familiarity with public, private, and quasi-public financing programs
Strong critical thinking skills and ability to make abstract concepts concrete
Excellent verbal, written, and organizational skills
Demonstrated project management experience, including asset management
Commitment to GLCAC's mission
Ability to work independently and in a team within the agency and with collaborating organizations
Ability to work effectively with and meet the needs of people from a diverse range of backgrounds, cultures, and identities, including underserved communities and people from the different racial groups, socioeconomic statuses, nationalities, and languages that make up GLCAC’s clientele, to support the agency’s mission of building a more diverse, equitable and inclusive organization for employees and clients alike
Other:
Supervisory Responsibility:None
Travel:Required including site visits to monitor the progress of projects through the execution phase.
Physical Demands: This job regularly requires the employee to sit, walk, and stand as well as use hands repetitively to handle or operate standard equipment. This employee is occasionally required to kneel, crouch, or crawl. The employee must frequently lift and/or move up to 10 pounds and occasionally lift and/or move up to 25 pounds.
Work Environment:This job operates in a professional office environment and uses standard office equipment, such as computers, phones, photocopiers, filing cabinets, and fax machines.
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Seniority level
Mid-Senior level
Employment type
Full-time
Job function
Project Management and Information Technology
Industries
Internet Publishing
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