Enterprise Community Development

non-profit

AssociateDirector,RealEstateDevelopment

$0–0k Bethesda, Maryland, United States; Richmond, Virginia, United States FULL TIME Remote Friendly
The Brief

“Associate Director, Real Estate Development at Enterprise Community Development. Skills: Real Estate Development, Affordable Housing, Financial Analysis, Project Management. Analyze potential properties to purchase. Produce proformas and create written project documents”

What You'll Achieve.

Achieving the objectives for each active development; Meet or exceed lease-up goals; Ensure balanced sources and uses; Achievement of ECD revenue goals; Ensure all financing and government regulations are met; Obtain required approvals

Industry & Context.

non profit
Problems you'll solve

Problem-solving approach

What They're Looking For.

Must Have

Bachelor’s degree, 5 - 7 years of multifamily development experience, Experience with all aspects of the real estate development process, from acquisition and financing through design and construction to stabilization, Experience with complex, multi-layered real estate financing, Knowledge of land use, public financing and real estate development regulations, Comfortable with public speaking and community presentations, Experience managing developments under deadlines that required the organizing of multiple tasks and objectives, Skills and experience in negotiating acquisitions and financing commitments, Proficiency with Word and Excel, Good decision-making skills, Sound judgment, Problem-solving approach, Ability to take initiative and with confidence

Nice to Have

MBA/MS, MURP/MCP or similar preferred, at least 3+ years of affordable rental housing development experience preferred, preferably with the Federal Low Income Housing Tax Credit Program and affordable housing loan products, Proficiency with MS Project and PowerPoint is preferred

What You'll Do.

Analyze potential properties to purchase

Produce proformas and create written project documents

Coordinate due diligence activities

Analyze the rental sub-market

Support geographic expansion into new regions

Prepare responses to requests for proposals

Manage preparation of debt and equity financing applications

Prepare development budgets and pro forma operating budgets

Manage the development budget

Coordinate and present at resident and community meetings

Manage the entitlement/zoning and permitting processes

Review and negotiate draft loan and partnership documents

Manage the financial closing on each assigned

Coordinate with federal

state and local government agencies

Manage and maintain development schedules

Coordinate the work of professional consultants

Schedule development team meetings

Review consultant reports

Work closely with design and construction management staff

Generate and refine development plans

Coordinate construction matters

Complete construction on budget and schedule

Monitor marketing lease-up process

Oversee timely completion of close-out process

Prepare quarterly updates and Board approval materials

Participate in industry associations and forums

Perform all other duties as assigned

How You'll Work.

Team & Collaboration

Collaborate with colleagues including other real estate development staff and ECD Land Acquisition, Design & Construction Management, Accounting and Asset Management staff; Collaborate with third-party consultants such as legal and design professionals; Work with team members to prepare responses to requests for proposals; Work closely with ECD or third-party design and construction management staff; Work closely with third-party design professionals and general contractors; Coordinate the work of professional consultants comprising the development team; Schedule development team meetings

Communication Scope

Public speaking; Community presentations

Process & Methodology

Manage developments under deadlines, Organizing of multiple tasks and objectives, Manage and maintain development schedules, Ensure timely completion of development milestones

Free ATS check

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