Developer
Core
Lead real estate development projects from initial concept through construction completion and lease-up, overseeing both market-rate and affordable housing initiatives.
Role type
Senior real estate development manager
Builds
Real estate development projects (market-rate and affordable housing) (via careerplan.io/jobs/Pennrose-Developer-developer-at-pennrose)
Domain
Real estate development / Affordable housing
Deliverable
product features
Required skills
Financial feasibility analysis, project pro forma preparation, HUD and Housing Finance Agency budget compliance, Low Income Housing Tax Credits application, RFP/RFQ drafting, team leadership, stakeholder management, public-private partnership development, construction oversight, lease-up coordination, budget management, schedule management, legal document management, site control management, design coordination, travel logistics
Preferred skills
Entrepreneurial drive, analytical capability, persuasive communication, presentation skills, problem-solving, organizational skills, physical ability for site visits
Technologies
Excel, Outlook, Microsoft Word, Microsoft PowerPoint, Flow, Network Support, Marketing
Responsibilities
Lead real estate development projects from initial concept through construction completion and lease-up, oversee both market-rate and affordable development initiatives, guide and motivate an internal team of Associate Developers, Assistant Developers, and Administrative Assistants, build and manage an external group of financiers, architects, designers, engineers, and contractors, evaluate and identify real estate development opportunities, assess financial feasibility and site suitability for potential projects, report predevelopment spending expectations, development cash flow, and capital needs to the Chief Financial Officer, draft and finalize professional RFPs and RFQs, build strong public-private partnerships, deliver professional presentations to financiers, municipalities, and community stakeholders, develop realistic project budgets, coordinate the land development approval process efficiently, assemble and lead a high-performing development team, coordinate with legal counsel, manage site control documents, loan agreements, equity documents, and partnership agreements, work with architects and engineers on development design, establish realistic project schedules, ensure deadlines for design, financing, and construction are met, keep projects within budget, oversee contractors and other professionals during construction, manage projects efficiently through strong team leadership, deliver real estate development projects on time and within budget, coordinate lease-up of completed developments and share relevant criteria information, maintain calendars and organize development meeting logistics, balance internal and external viewpoints diplomatically and promptly, keep team leaders informed of project issues
Seniority
Senior, hands-on IC with team leadership