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Plymouth Housing

Director of Real Estate

Plymouth Housing, Seattle, Washington, us, 98127

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Director of Real Estate

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Plymouth Housing Base pay range $117,978.00/yr - $132,891.00/yr Job Summary

The Director of Real Estate will assist in implementing the strategic planning, coordination, and execution of real estate projects at Plymouth Housing. This role supervises a team of four to five Real Estate Developers and provides technical leadership for current real estate development projects, identifying and acquiring properties, and maintaining a development project pipeline aligned with Plymouth Housing’s Strategic Plan. The Director collaborates with community members, donors, architects, contractors, funders and local authorities to ensure successful project planning and implementation. The Director will handle the department operating budget, work with the Vice President of Real Estate to explore housing models and policy development, assist in managing regulatory compliance and risk, and serve as a leader for the Real Estate Department internally and with external stakeholders. Essential Job Functions

Strategic Planning: Assist Vice President of Real Estate with implementing the strategic plan for real estate development projects. Project Management: Lead and oversee the department’s real estate development portfolio, including site selection, due diligence, entitlements, design, construction, and project delivery. Feasibility Studies: Conduct site and financial feasibility analyses with Architects; evaluate budgets and identify funding sources (grants, tax credits, public/private partnerships). Affordable Housing Expertise: Demonstrate understanding of affordable housing programs, policies, and regulations (LIHTC, Housing Trust Fund, Federal Home Loan Bank, and other programs). Community Engagement: Engage with community stakeholders, local government, and other stakeholders to meet community needs. Team Leadership: Supervise and mentor a team of real estate development professionals; foster collaboration. Project Risk Management: Identify risks and develop mitigation strategies to ensure compliance and project success. Compliance and Reporting: Ensure compliance with regulatory requirements and reporting obligations. Market Research: Conduct market analysis to identify trends and development opportunities. Relationship Building: Build relationships with lenders, investors, architects, contractors, and other professionals. Budget and Financial Forecasting: Oversee annual department budget, forecasting, and resource allocation. Progress Reporting: Monitor project progress and assist in identifying Real Estate Department KPI metrics. Special Projects: Manage special projects and participate in committees as requested. Funding Opportunities: Monitor funding opportunities and oversee deadlines for project applications. Process Improvement: Evaluate database tools and identify process improvements. Experience, Skills, And Knowledge

Real Estate Development: In-depth knowledge of affordable housing and development, particularly in the non-profit sector; familiarity with permanent supportive housing considerations. Financial Acumen: Ability to analyze feasibility, model finances, and identify funding sources; interpret financial statements. Leadership and Team Management: Ability to lead and develop a team, delegate, and resolve conflicts. Time Management: Excellent organizational skills and ability to meet deadlines. Architecture and Construction Knowledge: Understanding of design, construction, and related documents; ability to monitor construction. Project Management: Track record of managing development projects from inception to completion with timelines and multi-project oversight. Community Engagement: Experience with outreach, public meetings, and incorporating community feedback. Negotiation: Strong negotiation and relationship-building skills with lenders, investors, architects, contractors, and government agencies. Strategic Planning: Ability to identify opportunities and inform decision-making with market research. Regulatory Knowledge: Understanding of local, state, and federal regulations related to real estate and affordable housing. Communication and Advocacy: Strong written and verbal communication; ability to advocate for project goals and impact. Analytical and Problem-Solving: Ability to assess risks and develop solutions balancing financial viability and community impact. Real Estate Experience: Direct experience with feasibility, market analysis, site selection, land acquisition, infrastructure, construction, and operations. Technology Proficiency: Proficiency in Microsoft Office, project management tools, financial modeling software, and databases. Essential Job Qualifications

Must be organized with excellent planning and time management; able to work independently with minimal direction. Strategic thinker with strong relationship skills; diplomatic and effective. Ability to analyze problems, propose solutions, and implement recommendations under deadlines. Education

A degree in a related field from an accredited four-year college or university. If the degree is unrelated, additional relevant work experience may be substituted. Any equivalent combination of knowledge, abilities, education and experience may be substituted. Preferred Qualifications

Experience managing and completing Permanent Supportive Housing development projects. Additional Details

Seniority level: Director Employment type: Full-time Job function: Sales and Management Industries: Non-profit Organizations Seattle, WA

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