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Development Manager
A rapidly growing, well-grounded developer of affordable and workforce housing is creating an opportunity for an experienced multi-family development manager to join its team and participate in the developer’s fees.
- Managing the complete development process including site selection; feasibility analysis; financing applications; financial underwriting and closing; due diligence; design (architecture, engineering, and planning); contract solicitation and negotiations; permitting and entitlements; and lease-up coordination.
- Conduct market and project-specific research (i.e., rent/income rates and trends, operating expenses, occupancy rates, utility allowances, unit size/mix demand, etc.) to structure the development programming and establish a proforma operating budget.
Requirements:
- 3+ years of experience in real estate development, development finance, civil engineering, architecture, or other related field.
- LIHTC experience is strongly preferred.