Specialty Consultants Inc.
Vice President of Development
Specialty Consultants Inc., Baltimore, Maryland, United States, 21276
Overview
SCI, the leading executive search firm in the real estate industry, is seeking a
VP of Development
to join one of the largest national affordable housing developers in the country, with a portfolio of over
twenty thousand units .
Responsible implementing a regional development strategy and pipeline through sourcing new construction, acquisition and preservation affordable housing projects. Manage the pipeline of deals, overseeing a team of Development Director(s) and Associate(s) who execute projects in the Mid-Atlantic region. Role is
based in Alexandria, VA
with some flexibility on hybrid schedule.
Duties & Responsibilities Regional Strategy Development, Implementation & Administration (30% of time)
Work with the VP of Real Estate Development, Senior Development Directors and others on the housing team to carry-out strategic direction.
Responsible for production targets within assigned region, including but not limited to, key market states. Work with Senior Development Directors and VP of Real Estate Development to create key market strategy and success.
Work with the real estate team to assess and analyze regional housing programs and funding sources to be utilized in achieving success of regional growth by 50% within five (5) years.
Create, maintain and support relationships with key stakeholders including elected officials, state and local agency directors/staff, investors/lenders and policy makers to gain support for the production of affordable housing and the integration of housing and healthcare.
Supervise/Manage Regional Housing Pipeline from Deal Sourcing through Project Stabilization (70% of time)
Analyze financial feasibility, including proformas, revenues, operating expenses, budgets, construction estimates, and financing.
Prepare applications, committee and board approvals. Collaborate with different housing departments.
Oversee community engagement and support for public funding which includes organizing and attending public meetings.
Solicit, analyze, select and negotiate project debt and equity with lenders and investors, working closely with Housing Finance. Direct and oversee research and application for funding sources.
Prepare, lead and supervise team members in the preparation of documentation required for the submission of application packages for financing and approval.
Engage/supervise the engagement of legal counsel (internal and external) in the formation of new entities, closing documents, board resolutions and other documents that may be required for the successful development of the project.
Supervise/coordinate with the internal Construction Manager, architectural and engineering teams to oversee the development and completion of schematic, design and construction documents.
Negotiate deal terms with development partners.
Experience and Minimum Qualifications
Bachelor’s degree required with graduate degree in finance, law, planning, and/or public policy preferred.
At least ten (10) years of affordable housing real estate development experience and/or training; or equivalent combination of education and experience in affordable housing real estate development, acquisitions and project management.
At least four (4) years supervisory experience of professional staff and teams.
Exemplary communication and project management.
Ability to travel is required, approximately 25% of the time.
Location Alexandria, VA
#J-18808-Ljbffr
VP of Development
to join one of the largest national affordable housing developers in the country, with a portfolio of over
twenty thousand units .
Responsible implementing a regional development strategy and pipeline through sourcing new construction, acquisition and preservation affordable housing projects. Manage the pipeline of deals, overseeing a team of Development Director(s) and Associate(s) who execute projects in the Mid-Atlantic region. Role is
based in Alexandria, VA
with some flexibility on hybrid schedule.
Duties & Responsibilities Regional Strategy Development, Implementation & Administration (30% of time)
Work with the VP of Real Estate Development, Senior Development Directors and others on the housing team to carry-out strategic direction.
Responsible for production targets within assigned region, including but not limited to, key market states. Work with Senior Development Directors and VP of Real Estate Development to create key market strategy and success.
Work with the real estate team to assess and analyze regional housing programs and funding sources to be utilized in achieving success of regional growth by 50% within five (5) years.
Create, maintain and support relationships with key stakeholders including elected officials, state and local agency directors/staff, investors/lenders and policy makers to gain support for the production of affordable housing and the integration of housing and healthcare.
Supervise/Manage Regional Housing Pipeline from Deal Sourcing through Project Stabilization (70% of time)
Analyze financial feasibility, including proformas, revenues, operating expenses, budgets, construction estimates, and financing.
Prepare applications, committee and board approvals. Collaborate with different housing departments.
Oversee community engagement and support for public funding which includes organizing and attending public meetings.
Solicit, analyze, select and negotiate project debt and equity with lenders and investors, working closely with Housing Finance. Direct and oversee research and application for funding sources.
Prepare, lead and supervise team members in the preparation of documentation required for the submission of application packages for financing and approval.
Engage/supervise the engagement of legal counsel (internal and external) in the formation of new entities, closing documents, board resolutions and other documents that may be required for the successful development of the project.
Supervise/coordinate with the internal Construction Manager, architectural and engineering teams to oversee the development and completion of schematic, design and construction documents.
Negotiate deal terms with development partners.
Experience and Minimum Qualifications
Bachelor’s degree required with graduate degree in finance, law, planning, and/or public policy preferred.
At least ten (10) years of affordable housing real estate development experience and/or training; or equivalent combination of education and experience in affordable housing real estate development, acquisitions and project management.
At least four (4) years supervisory experience of professional staff and teams.
Exemplary communication and project management.
Ability to travel is required, approximately 25% of the time.
Location Alexandria, VA
#J-18808-Ljbffr