Vice President/ GM Real Estate- Hyderabad/ Secunderabad-CONNECTING 2 WORK-10-13 - TimesJobs.com

CONNECTING 2 WORK; Secunderabad, Hyderabad; On-site; INR 15,00,000 - 22,00,000; Full time

Job summary

A leading real estate development firm in Secunderabad is seeking a Vice President of Real Estate Development. The ideal candidate will lead a team overseeing all phases of affordable housing projects, from capital acquisition and site selection to construction management. Applicants should have over 10 years of experience in real estate development, including expertise in financing strategies. Strong communication and leadership skills are essential for this role.

Qualifications

• 10+ years of experience in affordable real estate development.
• Demonstrated track record of overseeing real estate processes.
• Ability to lead a team and manage multiple tasks effectively.

Responsibilities

• Lead a dedicated team in affordable real estate development.
• Obtain capital from various sources for housing development.
• Supervise the real estate development process from financing to placement.

Skills

Expert level written and verbal communication

Financial analysis

Site acquisition

Understanding of LIHTC

Education

Bachelor's degree or equivalent

Job description

Job Description

The Vice President of Real Estate Development leads a small dedicated team that oversees all aspects of affordable real estate development: site acquisition, land use, and zoning analysis; financial feasibility, packaging, grant writing, and closing; construction administration; and permanent conversion and transfer to operations. Extensive experience with affordable and/or supportive housing development including usage of low income housing tax credits (LIHTC), tax-exempt bonds, state/federal capital programs, and mixed-financed deals is essential.

Responsibilities

• Obtain capital from a variety of public and private sources—including municipal, state, federal, and tax credit opportunities—for the development of affordable and supportive housing, including new construction and rehab.
• Locate and secure viable development sites, often through option agreements or joint ventures.
• Complete financial analysis of all prospective projects to determine funding strategy and highest and best use.
• Develop recapitalizing and restructuring strategies for existing assets.
• Prepare pro formas and other projections to create financially viable construction and permanent operating budgets.
• Supervise a team of Real Estate Development Project Managers.
• Supervise and work collaboratively with a team of consultants including lenders, attorneys, architects, engineers, contractors, and others.
• Work with local and regional elected officials and boards to advise strategy.
• Manage and lead the entirety of the real estate development process including financing, closing, construction administration, and placement into service.
• Work collaboratively with Westhabs Housing, Services, and Finance Divisions to gain input on real estate development strategy and create projects that reflect the community needs, organization expertise, and organization’s risk tolerance.
• Participate in organizational strategic planning and other executive management processes.
• Other duties as assigned by the President/CEO.

Qualifications

Extensive experience (10 years preferred) in the affordable real estate development field including a demonstrated track record of leading all aspects of the real estate development process. Expert level written and verbal communication skills that reflect ability to lead staff, perform and prioritize multiple tasks seamlessly with excellent attention to detail, and build relationships with a wide variety of stakeholders. Passion for Westhabs mission of producing top-quality affordable and supportive housing essential.

Key Details

• Job Function: Accounting/Tax/Company Secretary/Audit
• Industry: Consulting Services
• Specialization: Cost Accounting/ ICWA
• Qualification: Any Graduate
• Employment Type: Full Time