Hybrid Real Estate Development Project Leader

Jubilee Housing; Washington; Hybrid; USD 90,000 - 130,000; Full time

Benefits offered by this job

Health insurance

Dental insurance

Vision insurance

STD

LTD

Life insurance

Paid vacation

Sick leave

Holidays

Transportation stipend

403(b) retirement plan

Job summary

Jubilee Housing seeks a Real Estate Development Project Manager to drive development projects from start to finish, coordinating land use, financing, schedules, and procurement while ensuring quality and timely execution. The role involves market analysis, due diligence, RFQ/RFP responses, and close collaboration with the VP of Development and senior leadership.

The position requires at least 2 years in multi-family or mixed-use construction, knowledge of tax credits, and strong problem-solving,

Qualifications

• Bachelor’s degree required; master’s degree preferred.
• General knowledge of real estate development and construction principles/practices required.
• Minimum of 2 years’ experience in multi-family or mixed-use residential construction with experience in commercial real estate transactions an advantage.
• Experience with Low-Income Housing Tax Credits is a huge plus.
• Experience with other subsidies (tax exempt bond financing, New Market Tax Credits, Historic Tax Credits, AHP grants, etc.) a huge plus.
• Excellent problem-solving skills, with an adaptable and flexible style in working with all types of individuals.
• A self-starter that can handle multiple and competing deadlines.
• Experienced dealing with subcontracts, subcontractors and/or self-perform work is a plus.
• Prepared to work with multiple financial partners on complex transactions, with an ability to understand the ultimate goal and outcome for Jubilee and the financial partner.
• Creative and results-oriented, with a strong sense of urgency.
• Successful Project Management experience on projects in ground up commercial office and/or multifamily projects is a plus.
• Highly entrepreneurial and self-motivated, with the ability to work equally well on own as well as in a team environment
• Desire to learn and adapt to situations

Responsibilities

• Work with project team on setting up individual project folders, tracking reports, budgets, schedules, logistics plans, compliance and corporate reporting.
• Conduct research to support all development functions, including acquisitions, due diligence, impact fees, utility costs, market analysis, construction costs, entitlements, etc.
• Prepare pro forma development budgets and property operating budgets under the direction of a Development Manager.
• Research and gather documentation for RFQ/RFP responses
• Assist in the assemblage of RFQ/RFP responses and preparation for community preparations
• Assist Vice President of Development with applications and financing proposals with multilayered financing sources.
• Assist with land acquisition, including preparation of LOI’s and purchase contracts with legal counsel, and gathering of due diligence materials
• Assist with the financial closing in conjunction with lenders, legal counsel and other project team members
• Solicits consultant and contractor services for due diligence, design and construction services, reviews and evaluates the responses and obtains the services.
• Attends site visits of potential property acquisitions and assists in market analysis, including preparing market reports, rent roll and resident file analysis and review of due diligence reports.
• Manage the tracking of timelines and schedules
• Review and understand the owner/developer responsibilities per any partnership agreements;
• Assist in the submittal, change order, and pay request process;
• Assist in generation of project costs and Job Cost Report;
• Produce internal monthly summary reports;
• Assists with the preparation of debt and equity financing applications for each of the projects.
• Supports the team in closing the financing and manages the closing checklist.
• Assists the Vice President of Real Estate Development with the construction administration process by coordinating the flow and filing of construction documents.
• Analyzes progress against project schedule and modifies schedule as needed
• Prepares internal and external reports on each project
• Supports community development planning efforts working closely with the team, community residents and partners
• Prepares presentations for meetings with tenants, other critical stakeholders and government officials
• Assist pre-construction services in bidding projects including the RFP process
• Participate in the project’s quality process including job walks and punchlist walks
• Contribute to schedule and project close-out processes
• Coordinate contracts, schedules and installation for initial delivery (e.g. fitness equipment, signage, audio/tech equipment, FFE, artwork, model unit or other owner related proposals, contracts and installation)

Education

Bachelor’s degree

Master’s degree

Job description

Jubilee Housing seeks a Real Estate Development Project Manager to drive development projects from start to finish, coordinating land use, financing, schedules, and procurement while ensuring quality and timely execution. The role involves market analysis, due diligence, RFQ/RFP responses, and close collaboration with the VP of Development and senior leadership.

The position requires at least 2 years in multi-family or mixed-use construction, knowledge of tax credits, and strong problem-solving,