Job Description
Job Details Job Location GLCAC - Lawrence, MA
Description Job Summary: The Real Estate Project Manager manages complex affordable housing development projects from concept, through construction completion, and asset management. The Real Estate Project Manager will engage in many facets of the real estate development process, including financing and budgets, design and construction, marketing and lease-up, legal and regulatory processes, permitting, and zoning.
Essential Functions/Key Responsibilities: - Manage the development of LIHTC and other subsidized housing projects and seek/create new housing developments.
- Coordinate with partners in managing the land assembly and disposition process, ownership structuring, public approval process, and phasing and implementation plan.
- Implement public realm infrastructure improvements supporting development, including soliciting funds and design and construction oversight
- Assemble financing and submit applications for grants, equity, and loan programs for both public and private entities
- Interface directly to prepare all elements of the project, including the scope of work, project delivery resource requirements, cost estimates & budget, work plan schedule & milestones, quality control, and risk identification.
- Assess LIHTC investor proposals.
- Oversee and track project financials.
- Solicit, negotiate, and oversee third-party consultant services
- Manage closing for purchase, loan, and equity investments
- Oversee project budgets, the planning, design, construction process and schedules, occupancy, and closeout Oversee project marketing and lease-up.
- Maintain investor and lender relationships
- Provide for asset management once a project is completed
- Assist in the management and provide input on GLCAC's capital needs projects
- Other duties as assigned.
Skills & Qualifications: - Minimum 5-7 years experience in Real Estate development or related field.
- LEED AP, PMP, and/or CMM designation(s) preferred.
- Bilingual Spanish/English a plus.
- Thorough knowledge of the real estate development process, including overall deal structuring, finance, design, and construction.
- Prior experience working on Low Income Housing Tax Credit projects
- Experience with mixed-use development projects.
- Familiarity with developing public infrastructure and amenities a plus.
- Familiarity with public, private, and quasi-public financing programs.
- Strong critical thinking skills and ability to make abstract concepts concrete.
- Excellent verbal, written, and organizational skills.
- Demonstrated project management experience, including asset management.
- Commitment to GLCAC's mission.
- Ability to work independently and in a team within the agency and with collaborating organizations.
- Ability to work effectively with and meet the needs of people from a diverse range of backgrounds, cultures, and identities, including underserved communities and people from the different racial groups, socioeconomic statuses, nationalities, and languages that make up GLCAC's clientele, to support the agency's mission of building a more diverse, equitable and inclusive organization for employees and clients alike.
Supervisory Responsibility: None
Travel: Required including site visits to monitor the progress of projects through the execution phase.
Physical Demands: This job regularly requires the employee to sit, walk, and stand as well as use hands repetitively to handle or operate standard equipment. This employee is occasionally required to kneel, crouch, or crawl. The employee must frequently lift and/or move up to 10 pounds and occasionally lift and/or move up to 25 pounds.
Work Environment: This job operates in a professional office environment and uses standard office equipment, such as computers, phones, photocopiers, filing cabinets, and fax machines GREATER LAWRENCE COMMUNITY ACTION COUNCIL INC
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