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Senior Director of Development

Salary
$150,000-$174,999
Employment
Full Time
Real Estate Field
  • Development
Location
Annapolis, MD
 MD
Postal Code
21401
Country
United States

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Description


EDUCATION AND EXPERIENCE:

  • Bachelor’s degree in Finance, Real Estate, or a related field
  • MBA a plus but not required
  • 5-7 years Development experience preferably with a variety of product types
  • 2-3 years Asset Management experience preferred
  • Public private Partnership experience a plus
  • Mixed-use, higher education, and affordable housing experience
  • Demonstrated proficiency with Microsoft Office products
  • Understanding of HUD, Fannie, and Freddie guaranteed loan programs
  • Knowledgeable about RAD, LIHTC, and other affordable and workforce housing programs

SKILLS AND ABILITIES:

  • Excellent verbal, written and interpersonal communication skills
  • Must exhibit strong creative/strategic thinking skills
  • Demonstrated history of financial underwriting, modeling and reporting experience required
  • Strong quantitative background and understanding of real estate deal capitalization
  • Strong professional written and verbal communication skills required
  • Ability to work independently, present recommendations and interact with Executive management in the decision-making process
  • Keen attention to detail with ability to prioritize, organize and manage multiple deadlines
  • Self-starter with positive attitude and strong work ethic

RESPONSIBILITIES:

Primarily responsible for leading the day-to-day execution of the firm’s real estate development pipeline, which includes tasks ranging from feasibility, financial underwriting, financial modeling and analysis, preparation of approval packages, and general transaction management.

  • Leads real estate consulting and development activities
  • Conducts financial analysis, including the creation of detailed pro-forma and financial models including mixed-use projects with a variety of asset types and multiple debt and equity sources
  • Provides support consistent with all aspects of determining project feasibility
  • Conducts analyses to address complex financial issues and determine financial deal viability
  • Willingness to learn, demonstrate, and apply better methods of analyzing real estate transactions
  • Develops vendor selection criteria and evaluates bid submissions using same criteria
  • Assists with the design, implementation expansion and continuous improvement of portfolio management
  • Contributes to pipeline development, prepares written response to various request for proposals
  • Develops and delivers presentations for pipeline real estate projects to executive staff, board members, city officials, and the general public
  • Manages the preparation of application materials for various financing sources as well as U.S. Department of Housing and Urban Development (HUD) approvals for development projects
  • Actively engaging with owners, brokers, equity partners, lenders, and attorneys as appropriate
  • Occasional travel is required

This position opening is an immediate need. Candidate must be currently available (with a professional notice if presently employed).

Job Functions


  • Development
  • Financial Analysis
  • Advisory Services/Consulting
 

Job Sectors


  • Residential
  • Government/Education
  • Retail
 

Experience


7+ to 10 years


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