Senior Living Development Manager

Evergreen Real Estate Group; Chicago (IL); Hybrid; USD 100,000 - 130,000; Full time

Job summary

Evergreen Real Estate Group is scaling a pipeline of 4% LIHTC Affordable Assisted Living communities across Ohio under the Green Oaks brand. The Development Manager will handle financial modeling, funding applications, due diligence, closing, and construction-period execution, acting as the primary contact for investors, lenders, and agencies.

The role requires 5+ years in LIHTC or ground-up development, with strong Excel modeling and experience with state HFAs and LIHTC closings preferred.

Qualifications

• Bachelor’s degree in a real estate, finance, urban planning, business, or related field.
• 5+ years of LIHTC development or ground-up real estate development experience.
• Experience with state HFAs, 4% LIHTC, tax-exempt bonds, or LIHTC closings preferred.

Responsibilities

• Own the development proforma for each deal, from underwriting through closing and construction.
• Lead preparation of 4% LIHTC and tax-exempt bond applications to OHFA and other agencies.
• Coordinate third-party reports and diligence to application and lender timelines.
• Own due diligence checklists across lender, investor, and operator workstreams.
• Drive the closing process: coordinate counsel, lender, syndicator, and operator.
• Prepare equity and debt packages and respond to investor and lender questions.
• Manage construction-period reporting to investors, lenders, and agencies.
• Support market research, demand analysis, site due diligence, and entitlements.

Skills

Written communication

Organizational skills

Stakeholder communication

Education

Bachelor’s degree in real estate, finance, urban planning, business, or a related field

Tools

Excel

Job description

Evergreen Real Estate Group is scaling a pipeline of 4% LIHTC Affordable Assisted Living communities across Ohio under the Green Oaks brand. The Development Manager will handle financial modeling, funding applications, due diligence, closing, and construction-period execution, acting as the primary contact for investors, lenders, and agencies.

The role requires 5+ years in LIHTC or ground-up development, with strong Excel modeling and experience with state HFAs and LIHTC closings preferred.