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Development Project Manager

1 month ago

New York, United States Manatus Development Group Full time

Company Description

Manatus focuses on developing space for not-for-profit companies to enhance their missions and improve the delivery of their services throughout the city of New York.


Role Description

The Real Estate Project Manager is responsible for overseeing all phases of real estate development for

multiple projects from project inception through construction completion and stabilization.


Responsibilities:

1. Perform development site analysis including zoning, site capacity, program options, & financial feasibility.

2. Create financial model for all types of real estate transactions including development budget, construction

and permanent funding sources, operating budget, cash flow statement, and construction closing

schedules.

3. Assemble and manage development team including project architect, engineers, general contractor,

lenders, legal counsel, and consultants.

4. Review and negotiate engagement contracts, lender letters of interest (LOIs), all

construction closing legal documents.

5. Carry out due diligence of development sites including ordering and analyzing appraisals, inspections,

preliminary title reports, environmental reviews, and market analyses.

6. Oversee development activities including but not limited to the site and building design, managing

community and tenant relations, and obtaining elected officials support.

7. Coordination of project acquisition, pre-development, construction, and permanent financing including the

preparation of applications for conventional debt, tax-exempt bonds, CDFI Funding, Reso A funds, and grants.

8. Monitor development project during construction, manage construction issues and change orders, prepare

monthly status reports, and submit monthly construction requisitions.

9. Respond to Request For Proposals (RFPs) for community development projects.

Qualifications:

1. Min. BA/BS degree with 2+ years of work experience in a real estate development or related field.

2. Experience with project coordination: managing clients and consultants; meeting project deadlines; and

managing communication with government agencies.

3. Entrepreneurial in identifying problems and obstacles and proposing solutions based on independent

research and analysis.

4. Experience in real estate development, urban planning, architecture, construction, finance, property

management, community development strongly preferred – familiarity with New York City, state, and federal programs and policies.

5.Excellent oral and written communication skills, computer expertise (Word & Excel), ability to work on

several projects simultaneously and independently.

6. Bi-lingual Spanish-English Language - a plus.

7.Knowledge of CDFI and Tax Exempt Bond Financing, and Charter School Development Process.


Qualifications

  • Project Management expertise
  • Strong organizational and time management skills
  • Excellent communication and interpersonal abilities
  • Experience in the New York City real estate industry
  • Familiarity with CDFI Lending
  • Bachelor's degree