Real Estate Development Manager
4 weeks ago
The Real Estate Project Manager is a key member of the Amazing Explorers Academy team, responsible for overseeing all phases of real estate development for our new construction and rehabilitation projects. This role requires a strong understanding of real estate development, urban planning, architecture, construction, finance, property management, and community development.
Responsibilities:- Conduct thorough development site analysis, including zoning, site capacity, program options, and financial feasibility.
- Create comprehensive financial models for all types of real estate transactions, including development budget, construction and permanent funding sources, operating budget, cash flow statement, and construction closing schedules.
- Assemble and manage the development team, including project architect, engineers, general contractor, lenders, legal counsel, and consultants.
- Review and negotiate engagement contracts, lender and syndicator letters of interest (LOIs), all construction closing legal documents, and agency regulatory agreements.
- Perform due diligence on development sites, including ordering and analyzing appraisals, inspections, preliminary title reports, environmental reviews, and market analyses.
- Oversee development activities, including site and building design, managing community and tenant relations, and obtaining elected officials' support.
- Coordinate project acquisition, pre-development, construction, and permanent financing, including the preparation of applications for conventional debt, tax-exempt bonds, LIHTC equity, Reso A funds, grants, and agency subsidy funds.
- Monitor development projects during construction, manage construction issues and change orders, prepare monthly status reports, and submit monthly construction requisitions.
- Respond to Request For Proposals (RFPs) for housing and community development projects.
- Minimum BA/BS degree with 2+ years of work experience in a real estate development or related field.
- Experience with project coordination, managing clients and consultants, meeting project deadlines, and managing communication with government agencies.
- Entrepreneurial spirit, identifying problems and obstacles, and proposing solutions based on independent research and analysis.
- Experience in real estate development, urban planning, architecture, construction, finance, property management, and community development strongly preferred.
- Excellent oral and written communication skills, computer expertise (Word & Excel), and ability to work on several projects simultaneously and independently.
- Bilingual Spanish-English language skills a plus.
Commensurate with experience; Life, Dental, Medical Reimbursement and other fringe benefits.
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