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Now Hiring: Real Estate Development Manager
Reports to: Executive Director
Position Status: FT, Exempt
Salary: based on related skills & experience.
Base salary starts at $73,000, commensurate with experience. Additional opportunities for bonuses up to 5% of base salary.
Office in Charlottesville, VA. This position is a hybrid role, with interoffice travel.
ABOUT PIEDMONT HOUSING ALLIANCE
Piedmont Housing Alliance’s mission is to create affordable housing opportunities and foster community through education, lending, and development. We are the backbone affordable housing organization in the region and operate through a collaborative approach as evidenced through a broad range of partnerships from new housing development to recently jointly opening Charlottesville’s first Financial Opportunity Center. Our work reflects our core values of Equity, Opportunity, Home, Community, and Respect. Over the last five years, Piedmont Housing has increasingly deepened its focus on racial equity as a primary lens for the organization’s work – internally, programmatically, and through advocacy - and we strive to become an anti-racist organization.
We define anti-racism as a practice – a continual, active effort to identify, evaluate, and dismantle the beliefs and structures that perpetuate racism.
POSITION SUMMARY
The Real Estate Development Manager is responsible for managing the entire development process of large, complex affordable multi-family projects, including feasibility analysis, acquisition, deal structuring, design development, financing, public approvals, construction, and close-out. Primary responsibilities focus on achieving the objectives for each active development and managing tasks related to property acquisition, pro-forma financial analysis, design, construction debt and equity financing, closings, and lease-up and stabilization. The Real Estate Development Manager collaborates with other members of the Piedmont Housing team (development, community management, finance), with the design team, general contractors, public agency staff, lenders, legal, partners, and consultants.
The position will work as part of a small team and report to the Director of Real Estate Development.
Additionally, the Real Estate Development Manager will provide support to the Director of the Piedmont Community Land Trust (PCLT) creating permanently affordable homeownership opportunities using the community land trust (CLT) model.
Piedmont Housing Alliance is an Equal Opportunity Employer. We are committed to building a team that uplifts and values inclusive policies and equitable practices. Candidates of all races, ethnicities, nationalities, religions, genders, sexual orientations, ages, and abilities are encouraged to apply.
ESSENTIAL FUNCTIONS
1) Manage all facets of real estate development and community land trust projects from concept through completion, including:
Feasibility, Entitlement, and Design
Financing and Construction
Portfolio and Operations Support
2) Cultivate productive, positive, professional working relationships with the development community, lenders, various levels of government, and other public, private and non-profit partners.
3) Recommend and implement improvements on development policies, procedures, and systems.
4) Perform other duties as assigned.
KNOWLEDGE, SKILLS & ABILITIES
QUALIFICATIONS
While this position leads several vital areas of our work, it is not our expectation that candidates have a mastery across all areas; instead, we encourage candidates to apply who have self-awareness and humility around areas they will need to grow in and the motivation and aptitude to lead the learning required to hit the ground running.
CONDITIONS FOR EMPLOYMENT
BENEFITS OVERVIEW
Piedmont Housing offers a highly competitive salary and benefits package which includes:
Job Type: Full-time
Pay: From $73,000.00 per year
Experience level:
Schedule:
Work Location: Hybrid remote in Charlottesville, VA 22901
Full Time
Civic & Environmental Advocacy
$65k-78k (estimate)
02/02/2024
09/01/2024
piedmonthousingalliance.org
CHARLOTTESVILLE, VA
25 - 50
1983
Private
STU ARMSTRONG
$5M - $10M
Civic & Environmental Advocacy
The job skills required for Real Estate Development Manager include Presentation, Team Development, Analysis, Project Management, Due Diligence, Communication Skills, etc. Having related job skills and expertise will give you an advantage when applying to be a Real Estate Development Manager. That makes you unique and can impact how much salary you can get paid. Below are job openings related to skills required by Real Estate Development Manager. Select any job title you are interested in and start to search job requirements.
The following is the career advancement route for Real Estate Development Manager positions, which can be used as a reference in future career path planning. As a Real Estate 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 Real Estate Development Manager. You can explore the career advancement for a Real Estate Development Manager below and select your interested title to get hiring information.