Director of Real Estate Development
The Real Estate Development Director leads the day-to-day housing development efforts, adhering to the organization’s values, facilitating the agency’s growth, and advancing the organization's reputation as a quality builder.
Oversees the organization’s real estate development process including acquisition, planning, design, financing, permitting, construction (new or rehabilitation), and close-out
Maintains a working knowledge of municipality, county, state, and federal affordable, workforce, and supportive housing development policies
Maintains a working knowledge of affordable, workforce, and supportive housing funding sources as well as related application and timeline requirements
Maintains a working knowledge of land use, zoning, and related processes
Develops and maintains strong professional relationships with key stakeholders and partners in governmental, construction, and design sectors
Guides development and execution of the organization’s acquisition strategy
Assists in property identification, negotiation of acquisition, and site control
Facilitates property financing, underwriting, and closing processes
Leads solicitation of investor and lender proposals, analyzing and negotiating financing terms and legal agreements with lenders and investors, keeping Chief Operating Officer and Chief Executive Officer adequately engaged and informed
Guides development of project plans and specifications, ensuring input from appropriate internal stakeholders
Guides project development budget and secures operating pro forma from Asset Manager
Ensures designated staff obtain required entitlements, permits, and approvals in a timely manner Engages and negotiates contracts with architects, contractors, vendors, and other applicable project team members
Oversees coordination with architects, engineers, designers, financers, construction personnel, and operations team
Leads collaborative process to develop and refine project concepts
Reviews and analyzes project design plans to drive quality and cost-effectiveness
Drives internal and external teams to keep projects on schedule and within budget
Conducts general construction site visits and reviews
Participates in all required meetings with stakeholders and partners, i.e., local and state organizations, commissions, committees, etc.
Maintains continuous communication with the Chief Operating Officer and necessary constituents to keep others informed including of critical issues
Manages due diligence processes in all real estate development activities
Provides supervision and mentorship to Real Estate Development Department team members
Performs other duties as assigned
Qualifications :
The Real Estate Development Director will possess the following education, experience, and competencies.
Education :
Bachelor's degree in real estate, construction science / management, finance, business, engineering, or other related field
Master's degree in related field a plus
Related professional and / or industry certifications and / or licenses a plus
Experience :
Minimum of 10 years of real estate development and project management experience
Multifamily and / or affordable housing development experience a plus
Knowledege, Skills, and Abilities :
Knowledge, understanding, and application of all phases of real estate and affordable, workforce, and / or supportive housing development
Strong critical thinking, decision-making, and problem-solving skills
Sound judgment, analytical skills, and reasoning
Excellent verbal and written communication skills
Technological proficiency with Microsoft Office Suite and project management systems and databases
Ability to perform a variety of responsibilities with keen attention to detail, strong integrity and ethics, and commitment to excellence
Ability to take initiative, be independently resourceful, and maintain a results-oriented mindset
Ability to focus, prioritize, and manage multiple tasks effectively
Ability to balance competing and challenging demands, effectively handle shifting priorities, and meet deadlines
Ability to function as a dependable / reliable team player with all staff
Ability to lead and mobilize projects, project communication, and project teams based on critical milestones and timeline adherence
Ability to mentor, develop, and build high-performing teams
Results orientation and persistence to achieve outcomes
Possesses adaptable and entrepreneurial nature
Possesses valid Florida driver's license and own actively insured transportation