Assistant Director, Real Estate Development

Company: Homewise Inc

Location: Santa Fe, NM

Job Function: Project Management


Background

Are you interested in using your Real Estate Development leadership and finance experience to help further the mission of a local non-profit? Consider a career with Homewise. We are a growing non-profit with a mission to help create successful homeowners and strengthen neighborhoods so that individuals and families can improve their long-term financial wellbeing and quality of life.

Summary

The mission of the Assistant Director, Real Estate Development is to assist in leading a mission-driven real estate development strategy that provides homeownership opportunities for modest-income families and creates mixed-income and mixed-use (residential, live/work and commercial) communities that contribute to the economic and cultural vitality of the community.

Responsibilities

Essential Functions

The primary responsibilities include:

  • Working in partnership with the Senior Director to establish the strategy and lead the Real Estate Development function:
  • Develop and implement a comprehensive real estate development strategy with multiple residential housing options and commercial development that contributes to the economic and cultural vitality of the community while providing affordable housing options to modest-income households;
  • Leads and manages all aspects of the development of new subdivisions and home-building projects and Homewise acquisition/rehabilitation program, from land acquisition to planning, entitlement, site development through final home design, specifications and construction and warranty;
  • Producing project pro-formas, home and site budgeting, affordability analysis, sales pricing, and association documents for all developments;
  • Developing, tracking and analyzing lead and lag measures, continuously applying learnings and implementing improvements to support the success of our real estate development function;
  • Understands complex financing packages, including bank financing, government programs, tax credits (including New Market Tax Credits and state tax credits) and other funding sources;
  • Oversees the procurement and request for proposal bidding process for contracting of all general contractors while ensuring construction is of high quality and is completed on time and within budget;
  • Leading a real estate development consulting support line of business for Community Development focuses;
  • Maintaining informed and productive relationships with Homewise general contractors, subcontractors, suppliers architects, engineers, consultants, attorneys, etc.;
  • Supervising staff within the Real Estate Development department and recruiting and developing additional staff as the Real Estate Development functions grows;
  • Working in close collaboration with the Community Development team to bring projects to fruition to achieve shared goals.

Requirements

Competencies

  • A good educator who is trustworthy and willing to share information and serve as a mentor. Leadership is based on the ability to inspire, motivate and engage commitment from others. A decisive individual with a “big picture” perspective and well versed in systems.
  • Customer service. Extremely responsive to internal and external customer requests; exceeds customers’ expectations.
  • Listening skills. Listens to understand others’ viewpoints. Anticipates the needs of others and offers innovative solutions.
  • Communication skills. Able to clearly present issues – both orally and written.
  • Flexibility and adaptability. Adjusts quickly to changing priorities and conditions. Copes effectively with complexity and change.
  • Work independently—the ability to work independently with little or no supervision.
  • High standards. Expect personal performance to be nothing short of the best.

Education and Experience

  • At least five years of leadership experience in the real estate development/finance field.
  • Knowledge of real estate development best practices related to single-family subdivision development and new home construction as well as familiarity with mixed-use development.
  • Demonstrated ability to create successful projects completed on or ahead of schedule, on budget, with high quality and significant community impact.
  • Strong negotiating and external collaboration skills, as well as sound political judgment.
  • Experience leading, inspiring, and supporting a highly effective team of professionals.
  • Demonstrated belief in the mission of affordable, quality housing and successful community development.
  • Bachelor’s degree or equivalent experience required; Master’s degree preferred.

 Work Schedule

  • Ability to travel as needed.
  • Be able to work flexible hours including evenings or weekends.

 Physical Requirements

  • This is largely a mobile role; it requires the ability to navigate a construction site.

Compensation and Benefits

Negotiable based on level of experience

How to Apply

https://recruiting.paylocity.com/recruiting/jobs/Details/1133628/Homewise/Assistant-Director-of-Real-Estate-Development