Senior Housing Developer

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Job description

Description:

The Senior Housing Developer will serve as the Senior Project Manager responsible for originating, coordinating, and implementing all aspects of the development of affordable housing projects including initial due diligence, securing financing, through construction, lease up, and project conversion for Maiker Development projects. This position is also involved in the evaluation, feasibility assessment and acquisition negotiations for potential projects and sites. Projects may include acquisition, rehabilitation, and new construction.

Maiker Housing Partners offers competitive compensation and an excellent benefit package, which includes medical, dental, vision, life, short term and long term disability, 401(k) match and participation in Public Employer's Retirement Association (PERA).

Compensation: $68,500 - $87,000 Annual Salary

Pre-Development Evaluation and Coordination

• Participate in the evaluation and feasibility of potential project sites and properties and negotiate acquisition agreements.
• Manage detailed due diligence review for potential property acquisitions and conduct preliminary feasibility analysis.
• Prepare financing applications and/or supporting documentation for conventional debt, Low Income Housing Tax Credits, HOME, and HUD programs, under direction of Director of Housing Development
• Other financing tasks will include working with Maiker Finance/Accounting to review and negotiate due diligence documents, financing agreements, loan commitments and other documents necessary to close on financing.
• Prepare and maintain detailed predevelopment budgets, project budgets, cash flow projections, and project schedules.

Project Management of New Properties/Projects

• Manage all aspects of originating, coordination and implementation of assigned Maiker Development projects
• Review and prepare, in collaboration with the Procurement Officer, requests for proposals (RFPs) and assist in selection of contractors for activities related to development projects.
• Identify and procure external members of the development team as well as negotiate resulting contracts with said consultants, contractors, engineers, architects, and other team members.
• Monitor progress and status of Housing Development pipeline:
• Prioritize project activities based on deadlines, resources, and critical path to completion.
• Provide on-going coordination between and support for architects, contractors, attorneys, lenders, investors, and other consultants and members of the project development team, identifying and elevating key issues as they arise.
• Anticipate and lead all tasks necessary to obtain various government approvals, including submission of planning and permit applications.
• Plan and co-facilitate (with Director of Housing Development) hearings and neighborhood meetings as a representative of Maiker.
• Review and approve progress payments for consultants and contractors ensuring completion of work and consistency with established budgets and contract terms.
• Review, evaluate and approve/deny change orders or add service requests from contractor or consultants in development process. Coordinate consultants' review of these requests
• Work with Maiker Property Management to ensure successful project handoff and transition to operations
• Manage project close-out, including archiving of important project documents.
• Perform various administrative tasks associated with development, including preparation of investment memos, loan draw requests, and Maiker check requests.
• Serve as external and internal contact when Director of Housing Development is unavailable

. Requirements:

Qualifications

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Education/Experience

• Bachelor's degree required, preferably in construction, business or related field.
• Five years' experience in real estate development and construction management
• Master's degree in business, construction or a related field preferred.
• Five or more years' project/construction management experience
• Extensive experience working with developers, city, state and federal regulations (including HUD), and housing related policies and requirements
• Excellent proficiency of technology, including Microsoft Office and Project tracking software
• Demonstrated success in commercial development sector preferred

Qualities and Characteristics

· Strategic Thinking/Management

• Can analyze at a systems level, sees opportunities and build relationships and plans to achieve goals.
• Breaks down problems into smaller components, understands underlying issues; can simplify and process complex issues, understands the difference between critical details and unimportant facts.

• Analytical and Problem Solving
• Ability to work with a variety of mathematical concepts such as probability, statistical inference, ROI, depreciation, etc.
• Ability to solve practical problems and deal with a variety of concrete variables in situations where only limited standardization exists.
• Displays willingness to make decisions in a timely way
• Exhibits sound and accurate judgment
• Supports and explains reasoning for decisions
• Includes appropriate people in decision-making process

• Communication
• Exceptional negotiating skills
• Excellent oral and written communication skills
• Exceptional teamwork
• Listens and involves others in the decision making process when necessary
• Excellent customer service skills
• Ability to write complex reports, business correspondence, and strategic plans.
• Ability to effectively present information and respond to questions from groups of managers, clients, and the general public.

• Results Focus
• Establishes project goals, milestones, and procedures, defines roles and responsibilities, acquires project resources, coordinates projects throughout Agency and with vendors, monitors project progress
• Attention to detail
• Always meets deadlines
• Excellent organizing & planning; ability to manage multiple projects
• Prioritizes and plans work activities
• Uses time efficiently and plans ahead
• Creates contingency plans to ensure project success
• Manages for results; holds team accountable and provides resources and support
• Ability to define problems, collect data, establish facts, and draw valid conclusions
• Adaptability/Flexibility; open to new ideas, takes on new responsibilities, handles pressure, adjusts plans to meet changing needs
• Keeps his/her technical skills current; effectively applies specialized knowledge and skills to perform work tasks; understands and masters the technical skills, knowledge, and tasks associated with his/her job; shares technical expertise with others

• Product/Program Knowledge
• Strong sales skills: identifies and sells to customer needs, excellent listening skills, sensitive to customers, delivers effective presentations, negotiates well, uses closing skills appropriately
• Product knowledge: translates product features to benefits, understands/responds to the customer's needs, applies market knowledge
• Knowledge of program requirements and guidance as reflected in HUD regulations

• Interpersonal Competencies
• Deals with others in a straightforward and honest manner
• Is accountable for actions
• Builds strong relationships
• Is flexible/open-minded;
• o Caring and understanding
• Demonstrates humility in working with others
• Is non-judgmental of people
• Ability to provide constructive feedback
• Listens more than speaks
• Solicits performance feedback and handles constructive criticism
• Ability to help guide people in crisis with calm and compassion
• Maintains confidentiality
• Supports Maiker values

• · Physical Requirements/Working Conditions
• Regular computer use throughout the day, ability to sit for lengthy periods of time
• Ability to stand and walk on hard surfaces for periods of time up to one hour throughout an eight to ten-hour day
• The noise level in the work environment is usually moderate
• Periodic out of office meetings with partners and consultants required

Maiker Housing Partners if an equal opportunity employer

PM19

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