Senior Real Estate Project Director

4 days ago

Boston, Massachusetts, United States 2Life Communities Full time

About 2Life Communities:

We provide high-quality housing for older adults from diverse backgrounds who can thrive independently in a supportive environment. Our mission-driven organization envisions an opportunity for all seniors to age in the community, living a full life of connection and purpose in a dynamic and supportive environment. We continuously evolve our support services to meet the needs of our diverse residents as they age, partnering with healthcare providers to identify innovative ways to support their overall health and well-being. Our Village Center program engages with the broader community.

Job Description:

As a Senior Real Estate Project Director at 2Life Communities, you will share responsibility for a portfolio of affordable supportive housing projects. You will lead the development of at least two real estate projects through construction completion and transition to operations.

Key Responsibilities:

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  • Collaborate with 2Life's Program staff to establish and maintain relationships with prospective program and service providers during the development phase to achieve desired program goals.
  • Oversee projects through zoning and permitting, including managing community relations.
  • Prepare and manage complex development proformas and funding applications, securing predevelopment, construction, and permanent financing.
  • Manage financial closings, relationships with financial partners, and compliance with financing requirements during the construction period.
  • Work with 2Life's Facilities team to manage construction, including coordinating internal stakeholder input and managing 2Life's contracts with the owner's representative, architect, and contractor.
  • Prepare regular updates and reports to 2Life's staff, Board of Directors, and Real Estate Committee as needed.
  • Support 2Life's efforts to integrate innovative programs and populations into 2Life's real estate projects, creating partnerships with senior service providers and leveraging investments from public and private healthcare institutions and insurers.
  • Represent 2Life at public events and on external committees that benefit 2Life's real estate activities and support career growth and learning.
  • Complete other duties as assigned.

Requirements:

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  • Mastery in Urban Planning, Real Estate, Finance, or equivalent training and experience.
  • Minimum eight (8) years of work experience in real estate project management.
  • Highly motivated, flexible, and able to work independently and as part of a team.
  • Creative problem solver who can adapt to find multiple paths to overcome challenges and bring a warm sense of humor.
  • A clear understanding of affordable housing funding programs, such as the Low Income Housing Tax Credit (LIHTC), HOME, CPA, CDBG, Section 8, MRVP, and Section 202, with a proven track record in securing such funding for projects.
  • Well-developed interpersonal, writing, and verbal communication skills.
  • Successful in planning and facilitating meetings and managing working groups.
  • Flexibility to adapt to a changing environment and work effectively under pressure.

Benefits:

Our benefits package includes a robust medical and dental plan, vision, employer-paid life and AD&D, STD, and LTD insurance, 401(k) plan, paid vacation, paid holidays, 2 floating holidays, and pet insurance.

Salary Range:

The estimated salary for this position is $120,000-$150,000 per year, based on industry standards and location.

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