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Real Estate Development Director

1 month ago

Lincoln, United States NeighborWorks Lincoln Full time
Job DescriptionJob Description

This position is critical to the successful operation of NWL's real estate development program. This position will provide leadership on site acquisition, pipeline development, project implementation and completion, organizational compliance, and additional duties as needed and based on candidate strengths. Additionally, this position will play a key role in positioning NeighborWorks Lincoln for future growth through the creation of a Multi-family / Rental line of business.

THE ROLE | The Real Estate Development Director has the following primary job functions:

  • 50% - Lead successful completion of up to 20 new construction and/or acquisition-rehab projects annually. It is anticipated that this will include a mix of owner-occupied and rental projects.
  • 30% - Strategic site acquisition and assembly; coordination with Prairie Roots Community Land Trust and South of Downtown Community Development Organization.
  • 10% - Administrative and strategic assistance with organizational reporting, resource development, strategic planning, and other duties, as assigned.
  • 10% - Relationship development and maintenance of consultant, collaborator, and vendor networks.

TASKS | The Real Estate Development Director has the following core duties:

  • In collaboration with CEO, oversee all land acquisition, pipeline development, project management, and property sale processing. Activities are to adhere to the current NeighborWorks Lincoln Strategic Plan.
  • Directly supervise real estate development staff (currently 2 FTE) in accordance with organizational policies and procedures.
  • Work with CEO and CFO to establish annual developer fee budgets based on property pipeline.
  • Collaborate with staff to ensure coordination between NeighborWorks Lincoln, Prairie Roots CLT and South of Downtown CDO strategic goals and activities.
  • Work with Homeownership staff on the successful transfer of real estate development projects to new owners.
  • Understand and adhere to federal, state, city, and NeighborWorks® America compliance regulations. Collaborate with Chief Operations Officer to ensure compliance with all grant sources.
  • Establish budgets for real estate development projects, including developer fee.
  • Oversee and maintain department operational costs within the Board approved budget.
  • Oversee and maintain project budgets according to costs set within established scopes of work, while maintaining established project timelines.
  • Analyze departmental data outcomes.
  • Implement professional development plans for real estate development staff and ensure that adequate training is provided.
  • Provide regular updates to the NeighborWorks Lincoln and Prairie Roots Community Land Trust Board of Directors, and any relevant committees.
  • Represent the organization at meetings with vendors, funders, and community organizations.
  • Provide organizational leadership as a contributing member of the Senior Leadership Team.
  • Create lasting relationships with realtors, brokers, builders, contractors, architects, planners, engineers, and financiers.
  • All other duties as assigned.

KNOWLEDGE/SKILLS | Successful candidates will be solutions-oriented and show the following:

  • Education: Bachelor’s degree (or corollary practical experience) in a related field, previous experience in real estate development is required.
  • Experience: Previous experience/field training in affordable housing development, finance, construction management, and/or construction trades.
  • Skills: Thorough understanding of construction methods, regulations, construction vocabulary, and sequencing
  • Skills: Ability to read construction documents and basic unit or take-off project estimating
  • Skills: Contract administration and funder compliance.
  • Skills: Ability to create both project and departmental budgets.
  • Skills: Ability to work toward multiple deadlines simultaneously and organize large volumes of data
  • Skills: Strong verbal and written communication; ability to convey ideas and solve problems
  • Skills: Fluency with Microsoft Office and Google Workplace suite (required)
  • Traits: Committed to providing opportunities for those that have been historically marginalized.
  • Traits: Attention to detail; self-driven, and ability to work independently
  • Traits: Establishes and maintains effective interpersonal relationships with team member and partners
  • Traits: Values lifelong learning and professional growth that furthers the organization and self
  • Traits: Believes that quality affordable housing stabilizes and advances families and neighborhoods

ABOUT NEIGHBORWORKS | NWL advances affordable housing and strong neighborhoods across the City of Lincoln. Since 1986, the community housing development organization has engaged neighborhoods holistically through education, engagement, and development services. Team members work to create a meaningful and mission-driven environment featuring a high level of autonomy for each of the program areas. Team members function independently, but within an environment that promotes frequent and strategic collaboration that enriches the work and improves outcomes for residents and neighborhoods alike. NWL is an independent affiliate of NeighborWorks America.

SCHEDULING | NWL is supportive of flexible scheduling and remote work and asks that team members work from the office 60% of the time and are reachable by their peers from 10am and 3pm, daily. Community and professional service are encouraged, even when conducted during work hours (with sufficient notice).

CONFIDENTIALITY | NWL understands that the pursuit of new employment can be a worrisome endeavor for anyone with stable employment and is committed to conducting the hiring process with the requisite confidentiality and accommodation requested by each candidate. Please indicate any special requests in your cover letter/email.

AFFIRMATIVE HIRING | NeighborWorks Lincoln is committed to affirmatively furthering fair housing and creates equitable opportunities for all people to live in strong neighborhoods with access to dignified housing. We are committed to inclusion, diversity, and racial equity in all aspects of our work. NWL is an equal opportunity employer committed to seeking out and providing candidates of any race, color, national origin, ethnic background, religion, gender, gender identity, sexual orientation, age, or disability full consideration.

NOTE: Professional references will be sought from finalists

Applications will be accepted on a rolling basis until a hire is made or the search discontinued. Incomplete or illegible materials may be rejected. NWL reserves the right to waive requirements or consider applicants that have not formally applied.

Join us in this exciting opportunity to lead our real estate investment initiatives and drive strategic growth in the industry

Company DescriptionABOUT NEIGHBORWORKS | NWL advances affordable housing and strong neighborhoods across the City of Lincoln. Since 1986, the community housing development organization has engaged neighborhoods holistically through education, engagement, and development services. Team members work to create a meaningful and mission-driven environment featuring a high level of autonomy for each of the program areas. Team members function independently, but within an environment that promotes frequent and strategic collaboration that enriches the work and improves outcomes for residents and neighborhoods alike. NWL is an independent affiliate of NeighborWorks AmericaCompany DescriptionABOUT NEIGHBORWORKS | NWL advances affordable housing and strong neighborhoods across the City of Lincoln. Since 1986, the community housing development organization has engaged neighborhoods holistically through education, engagement, and development services. Team members work to create a meaningful and mission-driven environment featuring a high level of autonomy for each of the program areas. Team members function independently, but within an environment that promotes frequent and strategic collaboration that enriches the work and improves outcomes for residents and neighborhoods alike. NWL is an independent affiliate of NeighborWorks America