< Back

Senior Development Project Manager

  • Location:

    New York, United States of America

  • Sector:

    Real Estate & Development

  • Job type:

    Full Time

  • Salary:

    US$130000.00 - US$160000.00 per annum

  • Contact:

    Cobalt Recruitment

  • Contact email:

    applications@cobaltrecruitment.com

  • Job ref:

    JN -102022-78230_1664981601

  • Published:

    10-05-2022

  • Expiry date:

    12-04-2022

  • Start Date:

    ASAP

Title: Senior Development Project Manager

Location: New York, NY

Competitive Base + Bonus + Benefits

Our client is a NYC based owner/builder/operator, specializing in Affordable Housing. They are seeking a Senior Development Project Manager to join their development team and assist in the acquisition, financing and overall development of new and ongoing projects.

The Role:

  • Responsibilities include real estate development operation from original support to project award through predevelopment, construction closing, construction completion and lease-up through conversion.

  • Develop pro forma financial analysis of properties for acquisition, rehabilitation and new construction, including project development and operating budgets

  • Provides critical analytical support to the originations team through data-driven analysis of the competitive landscape, as well as through research on market conditions, geographic searches, municipal codes and plans, parcel data, etc.

  • Once a project is identified and funded, supports the project management team with all manner of due diligence and financial underwriting along the critical path to closing, through construction, until the project reaches its operational phase.

  • Responsible for coordinating material and all government and financing approvals required for construction loan closings and loan conversions.

  • Coordinate predevelopment tasks, community engagement, design process, and public approvals.

  • Prepare material in response to Requests for Proposals, Requests for Qualifications and various requests from government agencies, investors and lenders.

  • Prepare and submit funding requisitions during construction.

The Person:

  • Master's Degree in Real Estate, Finance/Accounting, Construction, Urban Planning or Architecture & Engineering

  • 8-10 years in the Real Estate sector, affordable housing experience preferred

  • Prior experience with the Low Income Housing Tax Credit a plus.

  • Experience coordinating capital improvements

  • Understanding of construction documents and ability to analyze building systems

  • Excellent written and verbal communication skills

  • Working knowledge of Microsoft Office products and related software.

  • Familiarity with energy efficient building solutions

  • Proficiency in Spanish is a plus

Cob2