Development Coordinator

Völker; Lakewood (OH); Presencial; USD 65.000 - 90.000; Jornada completa

Ventajas ofrecidas por este puesto de trabajo

Competitive benefits package

Paid time off

Descripción de la vacante

Völker is seeking a Development Coordinator to drive multifamily real estate projects from pre-development through stabilization in the Cleveland area. You will work across internal departments and external stakeholders to advance milestones and ensure successful delivery of developments.

The role emphasizes due diligence, financing coordination, and close collaboration with managing directors, consultants, and contractors to keep projects on track and within budget.

Formación

• 2-4 years of multi-family real estate development experience
• LIHTC or affordable housing experience preferred
• Strong written and verbal communication skills
• Ability to manage multiple projects simultaneously
• Detail oriented with cross-functional collaboration skills

Responsabilidades

• Direct due diligence providers and entitlements coordination
• Assist with capital resources, closings, and reporting
• Coordinate with design teams and construction managers
• Support planning/design and building permit processes
• Monitor project information, budgets and schedules across teams

Conocimientos

Project management

Multitasking

Communication

Detail oriented

Real estate development

Herramientas

Microsoft Office Suite

AI workflow

AI document integration

Descripción del empleo

POSITION SUMMARY:

TheDevelopmentCoordinatorwillbring capacity andexpertiseto advanceprojects betweeninitialsite control and projectstabilization.This role is integraltothesuccessful delivery of newdevelopmentsand achieving company goals.This position is highlycollaborativeand process-orientedconnectinginternal departmentsand external stakeholders.TheCoordinatorwillreport to and assistManaging Directors of Developmentinmost aspects ofproject managementthrough the developmentlife cycle.

ESSENTIAL JOB DUTIES AND RESPONSIBILITIES:

TheDevelopmentCoordinatorwill direct due diligence providers, secure entitlements and municipal support,assistwith procuring capital resources, support closings, make capital calls,andmore specifically, the following:

Pre-Development:

• Evaluate zoning requirements, makeapplicationsandcoordinate with professionals and consultants as needed.

• Perform local market analysisto confirm rents, other income,demand, unit mix,and utility allowances.

• Order and evaluatecustomary due diligence: market studies,environmental reports, appraisal,Geotech, survey, title,energy consumptionmodelsetc.

• Review and summarize State QAPs andFinancing Guidelines, create scoringand site/project feasibilityanalysis,Preparefinancing applications:LIHTC, gap, TIF etc.

• Workdirectly with projectconsultants,partners,and funders,asappropriate, tomaintainalignment, support reporting and compliance requirements, and advance projects through key milestones.

• Work directly withthird-party design teamto performsite feasibility, entitlementsand utilityaccesswhile collaborating withConstruction Manager.

• Perform site visitsand attendpublic meetingsfrom time to time.

Development andClosing:

• PrepareLOIsolicitations for equity and debt.

• Respond to financing partners, due diligenceprovidersand agenciesrequests for project information.

• Third-party engagementsareprocuredbythe Managing DirectorandCoordinator willoversee engaged scope of work andsync withdevelopmentaccountingfor record keepingand agreement management.

• Supportclosing across all functionsby organizing documentation, tracking conditions, and coordinating across legal, finance, and project teams.

• Support Director of Planningand Designin obtaining construction documents and building permits.

• Update and record projectinformation.

Construction Monitoring and Support:

• Interact withConstructionManagertomonitorperformancerelated to schedule,budgetand workforce requirements.

• CollaboratewithConstructionManagerfor development related reporting items and funding conditions,including:architects, engineers, general contractors, surveyors and green/energy consultants.

• Follow-up on action itemsfor owner/developerduring construction.

Post-Constructionand Stabilization:

• Liaisonwith Asset Management and property management companies duringinitiallease-up to confirmoccupancy requirements are documented andmonitorprogress.

• Facilitate bidding, procurement and installation for Furniture, Fixtures, and Equipment (FF&E) to ensure amenities (common areas, offices,gymsand clubhouses) are outfitted for project requirements and within budget.

• Ensure that capital callsare made as soon as allowed and thatall conditions are satisfied and documented.

• Supportconversion to permanent financingby ensuring conditions are achieved, due diligence isprovidedand financial performance andadjuster projections are coordinated between property management, asset management,lendersand investors.

• Complete andsubmitPlaced and Service and8609 applications tostateagencies.

MINIMUM SKILLS AND ABILITIES

• Experience:2-4years of multi-family real estate development; direct experience with Low Income Housing Tax Credit or affordable housing projects is strongly preferred.

• Advancedproficiency: Microsoft Office Suite, AIworkflowand AI document integration.

• Demonstrated abilityto managemultiple projects simultaneously and to multitask independently.

• Highly detail oriented, excellent written and verbal communication andpossessstrong cross-functional relationship-building skills.

• Continual improvement and problem-solving mindset.

WORK LOCATION AND EXPECTATIONS

• This position is fulltime and based inthe Cleveland area.Work is expected to be performed primarilyatthe company office with some flexibility for hybrid hours.

• Prolongedperiodssitting at a desk and working on a computer.

• Must be able tolift upto 25 pounds at times.

• Travelisrequired.

BENEFITS

We offer acompetitivebenefits package including paid time off, medical, dental, vision, and a 401(k) with company contribution.