Community Development Leader

6 days ago


Chicago, Illinois, United States BroadView Talent Partners Full time

About DL3 Realty

DL3 Realty is a real estate development firm focused on transforming emerging communities through commercial and residential projects. We prioritize community impact, urban revitalization, and providing quality housing options.

Job Description

The Managing Director, Residential Investments leads the sourcing, planning, design, market analysis, financing, leasing, construction, and community impact aspects of residential development and acquisition transactions. This individual will represent the firm within the community, creating awareness about DL3's goals and supporting its mission of neighborhood revitalization.

Key Responsibilities

  • Sourcing, planning, design, market analysis, financing, leasing, construction, and community impact for residential development and acquisition transactions.
  • Representing the firm within the community, creating awareness about DL3's goals and supporting its mission of neighborhood revitalization.

Requirements

  • 12+ years' experience in commercial real estate development, preferably with experience in various asset classes including industrial, retail, office, and affordable housing; LIHTC and Historic Preservation or New Market Tax Credits experience.
  • 10 years of experience leading a development team at a development company; must have managed at least 3 staff or more for several years.
  • Strong financial acumen and proficiency in developing Excel financial models including sensitivity analysis, IRR, DCF, NPV, and ROI calculations, demographic analysis, and lease economic analysis.

Estimated Salary

$120,000 - $180,000 per year, depending on experience.



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