Job Description

Our client, a real estate developer, is seeking a Senior Project Manager to join their CA team. The primary job responsibilities include coordinating, implementing, and managing activities related to affordable housing development. This includes: acquiring land, conducting feasibility analyses, obtaining entitlements, preparing pro formas and applications for project financing, and coordinating with the development team to secure permits for construction.

Responsibilities:

• Work with the Acquisitions Department to analyze sites for potential development opportunities based on California and Texas’ QAP and local funding sources.
• Perform site inspections and due diligence, evaluating and highlighting opportunities and risks.
• Organize, negotiate, coordinate, document, and facilitate project partnership and land escrow closings.
• Develop and execute strategies for successful applications in response to Requests for Proposals (RFPs).
• Manage and motivate a development team, including Acquisition Manager, Entitlement Manager, Preconstruction Manager, Asset Manager, Construction Manager, and Project Accountant.
• Oversee tasks necessary to obtain entitlements, including neighborhood design meetings, entitlement applications, public hearings, and project design team coordination.
• Provide input on project design development and ensure project plans and specifications are received by relevant departments in a timely manner.
• Research and identify financing sources.
• Prepare project pro formas and conduct feasibility analyses.
• Monitor and manage project budgets, cash flow projections, and project schedules.
• Develop and execute strategies for securing project funding from local, state, and federal agencies.
• Direct the closing of acquisition, public agency, and construction financing.
• Secure architectural, construction, and other project approvals from planning and building departments and other regulatory agencies.
• Ensure the highest quality development that reinforces a commitment to long-term viability.
• Maintain ongoing interaction with the Asset Management Department to ensure long-term quality.
• Establish and maintain professional relationships with external entities and stakeholders.
• Attend interdepartmental meetings and general corporate meetings as required.
• Undertake other projects or tasks as assigned.

Minimum Qualifications:

• Bachelor’s degree.
• 5 years’ experience in real estate development, including 2 years of direct development experience.
• Prior experience in financing new construction housing with Section 42 low-income housing tax credits (LIHTC), including both 9% and 4% credits, in California or Texas.
• Proficient in Microsoft Office Suite (Word, Outlook, Excel).

Preferred Qualifications:

• Master’s degree in real estate, city and regional planning, business, finance, public policy, architecture.
• 3 years’ of affordable housing experience.
• Strong analytical and organizational skills.
• Experience managing others in the construction and development process.
• Hands-on responsibility for managing construction and development of multiple complex housing projects.
• Excellent interpersonal skills for establishing and maintaining effective working relationships with employees, vendors, other departments, city staff, city officials, and the public.

Compensation:

*The below represents the lowest to highest expected salary range for this job opening upon hire. 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.