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Senior Development Manager
$82k-99k (estimate)
Full Time | Accommodations 6 Months Ago
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National Community Renaissance is Hiring a Senior Development Manager Near Rancho Cucamonga, CA

"Together, we transform lives and communities!"

National Community Renaissance (CORE) is seeking qualified individuals to join our team. CORE is one of the nation's

The Project Development Department at National CORE is the bridge between Acquisitions and Construction. A National CORE Senior Development Manager is responsible for managing all aspects of the multifamily real estate development process. A Senior Development Manager is able to manage up to five projects and work under the direct supervision of the Vice President of Project Development.

RESPONSIBILITIES

  • Financial Analysis: Prepare financial models used in structuring transactions. Prepare loan packages for project financing. Structure deal points and negotiate with existing and proposed financial partners.
  • Real Estate Closings: Manage real estate closing process, including all loan and equity funding.
  • Entitlement Process: Coordinate entitlement process through local governmental agencies.
  • Budget Administration: Prepare and maintain ongoing project budgets and manage the draw process.
  • Corporate Memory/Record Keeping: Maintain corporate memory for business points and financial structuring of each transaction in which he/she is involved. Provide office administrative staff with all closing and financing documents.

EXPERIENCE

The Senior Development Manager should have a minimum of seven years experience with:

  • Understanding, structuring and documenting and the acquisition and financing of multifamily development.
  • Understanding of specialized financing programs used in affordable housing.
  • Planning for and resolving project issues individually and in coordination with appropriate project team members and financial partners in a timely manner.
  • Preparing and updating proformas, project timelines and budgets.
  • Tracking and coordinating the work of project members and financi.al partners.

The Senior Development Manager should have the ability to:

  • Be a team player.
  • Show initiative.
  • Write clearly and directly.
  • Must be comfortable making public presentations.
  • Work harmoniously with clients, consultants and other professionals.
  • Thorough knowledge of Microsoft software such as Excel, Project, PowerPoint, Word.
  • Manage multiple projects concurrently.
  • Must attend Company sponsored events which may include overnight stays at locations away from the employee's home.

EDUCATION

BS/BA - Bachelor of Science degree in Accounting, Finance, Planning, Real Estate, Business Administration or other Management related field.

PHYSICAL REQUIREMENTS/WORK ENVIRONMENT

  • Exposure to various types of weather conditions
  • Standing, walking, sitting
  • Driving to corporate, job sites, meetings and events
  • Some travel including occasional overnight stay
  • Operate computer and office equipment
  • Work is primarily sedentary in nature

FLSA

  • Exempt

Job Summary

JOB TYPE

Full Time

INDUSTRY

Accommodations

SALARY

$82k-99k (estimate)

POST DATE

11/12/2023

EXPIRATION DATE

04/24/2029

WEBSITE

nationalcore.org

HEADQUARTERS

RANCHO CUCAMONGA, CA

SIZE

200 - 500

FOUNDED

1992

CEO

STEVE PONTELL

REVENUE

$5M - $10M

INDUSTRY

Accommodations

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The following is the career advancement route for Senior Development Manager positions, which can be used as a reference in future career path planning. As a Senior Development Manager, it can be promoted into senior positions as a Development Director that are expected to handle more key tasks, people in this role will get a higher salary paid than an ordinary Senior Development Manager. You can explore the career advancement for a Senior Development Manager below and select your interested title to get hiring information.

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