Director, Real Estate

2 months ago

New York, United States Women In Need, Inc. Full time
Job DescriptionJob Description

Title of Position: Director, Real-estate Development

Reports to: Assistant Vice President, Real property management

Positions reporting to this position: Real-Estate Development property manager

Salary: $90k – 130k (exempt)



Purpose of the Opportunity

Reporting directly to the ­­AVP, the Director, Real Estate will lead Win’s efforts to develop and sustain transitional, affordable housing and permanent supportive housing throughout New York City. The successful applicant will have not only a demonstrable interest in and understanding of real estate finance and risk management, but also a passion for the mission-oriented field of affordable and supportive housing. The applicant must have strong analytical and financial acumen, be a strategic thinker with a strong degree of initiative, have excellent presentation and organizational skills, and the ability to effectively juggle multiple priorities while maintaining attention to detail. The candidate must have solid experience in affordable and transitional housing and be able to work effectively within a collaborative team approach.

Key Accountabilities

Real Estate Project Management

  • Act as the primary conduit for translating real estate matters into budgets, schedules, site designs, and project constraints, reviewing various phases of site plans to ensure any title and survey matters are correctly reflected on project development plans, schedules, and budgets.
  • Work cross-functionally with Real Estate, Development Engineers, Development, Permitting and Construction teams from project inception through completion to help identify and resolve real estate matters.
  • Subject matter expert reviewing title reports and surveys in connection with real estate agreements and site plans, including mineral rights documents, chains of title and vesting matters.
  • Effectively identify title issues, proactively develop, and implement resolution strategies with third party vendors.
  • Ensure properties are well-maintained, safe, and compliant with regulatory requirements.
  • Coordinate routine maintenance, repairs, and capital improvement projects.
  • Develop and implement preventive maintenance programs to extend the lifespan of assets and minimize disruptions.
  • Stay abreast of federal, state, and local regulations governing real estate operations.
  • Strategize with the Real Estate and legal teams to create best practices that inform future projects in the Real Estate portfolio.
  • Create action item calendar and implement actions such as lease renewals and extensions in advance of deadlines.
  • Negotiate lease renewal options with lessors and draft or modify agreements.
  • Manage the review of legal documents, development deals, board materials, appraisals, and other commercial and housing related functions.
  • Identify, communicate, and mitigate risks associated with real estate matters affecting greenfield development.
  • Coordinate and review ALTA Surveys with land surveyors, title companies and legal counsel, as well as negotiate title insurance coverage.
  • Identify, coordinate, and review legal descriptions and plats associated with project real estate documents and project site plans.
  • Conduct analysis, coordination, and procurement of crossing consents and crossing agreements with third parties, including conveying, and drafting compliance requirements to Construction team and contractors.
  • Manage and maintain budgets, scopes of work and invoices for real estate consultants.
  • Interact with land agents, customers, investors, and other counterparties to support origination and development activities

Project Management support

  • Ensures effective comunication and manages expectations. Assist with Management of projects across portfolio.
  • Partner with WIN employees to develop projects
  • Assist in research to identify potential real estate opportunities
  • Partner with architects and engineers to develop plans, specifications, schedules and budgets, etc for assigned projects.
  • Partner with internal support teams (IT, Legal, Facilities, etc.) to develop a holistic approach to solve issues and manage project to completion
  • Closely monitor construction progress and address issues as they arise.
  • Coordinates inspections and approvals.


Qualifications

  • Bachelor’s degree in Business, Finance, Real Estate or Law.
  • 5 years+ years of management experience in the financial and operational functions of a complex non-profit real estate management program.
  • Strong financial acumen related to managing large capital projects.
  • Experience coordinating transaction closings preferred: opening escrow accounts, preparing draft agreements, coordinating signing of closing documents with counterparties and reviewing settlement statements.
  • Ability to read and interpret blueprints
  • Experience in negotiation, preparation, and modification of property leases and other real estate contracts and documents required
  • Advanced project management skills and ability to effectively communicate with all levels of employees and managers
  • Excellent communication skills and ability to develop trusting, and collaborative professional relationships with partners
  • Proven success leading and mentoring teams

Core Competencies

  • Leading Others: Establish a client centered culture at the residence by modeling Win values. Demonstrate flexibility, adaptability, and initiative. Engage team to achieve high standards.
  • Facilitating Change: Support critical large-scale changes. Anticipate potential resistance and have strategies ready to reduce barriers to achievement.
  • Managing Performance: Monitor performance against standards and share expectations clearly. Give feedback verbally and in writing documenting performance concerns.
  • Applying and Developing Expertise: Understand and uphold all policies and procedures in the Win Employee Handbook. Apply technical knowledge to solve problems effectively.
  • Communicating and Collaborating: Promotes cultural diversity. Values the full spectrum of diversity and inclusion for clients and staff. Use effective written communication with clear and appropriate professional tone. Listen well and actively engage others with honesty and integrity; holds team accountable to the same standards.

WIN’S DIVERSITY, EQUITY & INCLUSION HIRING COMMITMENT

Our most effective service to our community comes from a diverse mix of minds, backgrounds and experience. As a result, we are committed to cultivating an inclusive work environment. Win actively seeks a diverse applicant pool and encourages candidates of all backgrounds to apply. We provide equal opportunities to all employees and applicants for employment without regard to race, religion, color, age, sex, national origin, sexual orientation, gender identity, genetic disposition, neurodiversity, disability, veteran status or any other protected category under federal, state and local law.

#IND

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