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DIRECTOR OF REAL ESTATE DEVELOPMENT & ASSET MANAGEMENT
Codman Square NDC
Job Description
The Director of Real Estate Development has overall responsibility for supporting Real Estate Development and Asset Management at CSNDC, including supervising 3 project managers, an asset manager, plus occasional interns and fellows. They report to the Vice President of Operations.
Responsibilities include:
· Develop and maintain a realistic and achievable real estate project pipeline
· Oversee planning, site selection, construction, design, loan closings and implementation of all real estate development projects
· Develop project proposals, determine feasibility, and seek project financing in conjunction with staff
· Select and manage project teams
· Engage, build, and maintain partnerships and on-going communication with lenders and other key stakeholders who are pivotal to supporting our pipeline and portfolio
· Collaborate on efforts to engage community residents in housing development, housing stabilization and commercial real estate development
· Support the Asset Manager in monitoring all of our properties in our portfolio in order to ensure their financial, physical and social health, and managing property renovation and restructuring in a timely manner
· Facilitate collaboration among departmental staff and between the department and other programs areas, as appropriate
· Dovetail Real Estate Development activities with the agency’s Anti-Displacement/Keeping Codman Square Affordable strategy and other initiatives
· Work in close consultation with the Executive Director, Vice President of Operations, and senior management on organizational leadership development and public relations
· Develop/design projects to maximum level of environmental (e.g., net zero/reduced carbon emissions) and energy sustainability (e.g., solar, etc.), and seek financing for same.
· Participate in coalitions with a variety of community-based, statewide and/or national organizations, as appropriate
· Work with the Vice President of Operations and the Executive Director to develop policy recommendations and implement board decisions related to real estate development and asset management
· Act as staff liaison to the Real Estate/Asset Management committee of the Board
· Other related duties and responsibilities as assigned.
Desired Skills and Qualifications
We seek an entrepreneurial self-starter who embraces our vision and mission, and has many of the following skills and experiences:
· Five to seven years of progressively responsible experience in real estate development
· Strong management and priority setting skills, including at least 5 years of experience supervising entry, mid- and senior-level staff, and managing project teams
· Experience developing large (50 unit+) and complex real estate development projects from start to finish
· Demonstrated success applying for public and private affordable housing and community development resources, including Low Income Housing Tax Credits
· Deep understanding of real estate project development, financing, construction, planning, program development and neighborhood relations
· Familiarity with permitting and zoning in Massachusetts and City of Boston
· Skill and comfort working with colleagues and community residents of various socioeconomic and cultural backgrounds
· Excellent verbal and written communication and interpersonal skills
· Computer literacy, including fluency in word processing and spreadsheet programs
· Knowledge of and experience in community-based organizations and non-profit management
· Bilingual/bicultural in Spanish or another language predominant in CSNDC’s service area a plus, and
· BA, with a Master’s in Planning, Real Estate, Business, or a related field preferred.
Salary range is from $135.000 - $155,000 (negotiable) and commensurate with relevant work experience.