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Director of Commercial Real Estate

ZipRecruiter, Southfield, Michigan, United States, 48076

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Overview

Director of Commercial Real Estate Location:

Southfield, MI (On-Site) Employment Type:

Full-Time About Vital Impact Ventures At Vital Impact Ventures, we believe real estate is more than buildings—it’s the foundation for thriving communities. Our mission is to transform lives by developing, managing, and sustaining properties that combine commercial viability with meaningful community impact. Through innovative projects, from

commercial leasing

to

affordable housing development (LIHTC and permanent supportive housing) , we’re building the spaces that support healthier futures. Position Overview The Director of Commercial Real Estate will lead strategy and operations across Vital Impact Ventures’ growing real estate portfolio. This role will oversee tenant lease management, affordable housing initiatives, government incentive programs, and construction projects. The ideal candidate brings a strong background in commercial real estate,

LIHTC projects , and permanent supportive housing, combined with proven financial and operational management skills. Key Responsibilities

Lease & Tenant Management Manage tenant leases, renewals, and compliance. Maintain tenant satisfaction while ensuring commercial viability. Serve as liaison with brokers or act as in-house broker for lease agreements and acquisitions. Affordable Housing (LIHTC & Supportive Housing) Identify and evaluate new LIHTC sites and funding opportunities. Apply for NOFAs, LIHTC allocations, and other housing incentive programs. Manage permanent supportive housing projects and ensure compliance. Expand LIHTC opportunities across new PODs (points of development). Government Incentives & Community Relations Cultivate relationships with municipalities and regulatory authorities. Secure government incentives (e.g., PA 2010 applications, tax abatements, grants). Advocate for Vital Impact Ventures in community and government meetings. Construction & Development Oversight Oversee construction and renovation projects to meet budget, quality, and timeline goals. Partner with contractors, architects, and vendors to deliver high-standard projects. Coordinate timelines and reporting with operations and leadership teams. Financial & Strategic Management Develop and manage operating and capital budgets for all real estate initiatives. Monitor financial performance, ensuring efficiency and cost-effectiveness. Build and maintain a robust real estate funnel aligned with growth and acquisition targets. Qualifications

Bachelor’s degree in Real Estate, Finance, Business Administration, or related field. Master’s . Active

Michigan Real Estate License

(required). 7+ years of experience in commercial real estate management, including leasing and acquisitions. Proven experience managing

LIHTC projects

and

permanent supportive housing programs . Strong knowledge of budgets, construction oversight, and government incentive structures. Exceptional negotiation, relationship-building, and project management skills. Why Join Vital Impact Ventures?

This is more than a real estate role—it’s a chance to create

lasting social impact . At Vital Impact Ventures, you’ll help shape commercial and residential projects that provide real value to businesses, communities, and families. Your expertise will fuel initiatives that expand affordable housing and support community-based growth. What We Offer

Competitive salary with performance-based incentives. Comprehensive benefits package (health, dental, vision, life, ). 401(k) retirement plan (non-matching). Paid time off and holidays. Professional growth and leadership development opportunities. A mission-driven, collaborative culture where your work has purpose. Apply today and join

Vital Impact Ventures

in building real estate solutions that deliver both financial returns and community impact.

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