at National Church Residences in Columbus, Ohio, United States
Job Description
Job Description:
PURPOSE
The Project Leader, Senior Housing Development will focus on affordable senior housing development throughout Ohio and market rate senior living development in Central Ohio. The successful candidate will be accountable for the success of assigned projects in both product lines including preliminary deal evaluation, negotiation of purchases and related documents, procurement of financing, management of third-party consultants, and coordination of internal resources to facilitate a successful closing. The Project Leader, Senior Housing Development must have initiative, be an effective communicator and have excellent organizational skills. The position reports to the Director of Senior Housing Development who manages and directs the team toward excellence.
The Project Leader, Senior Housing Development will be a part of the Development Department at National Church Residences. National Church Residences is the nation's largest not-for-profit developer and manager of affordable senior housing with 350+ properties in 25 states. The Development Department applies its 40 plus years of property development credentials to initiate, construct, acquire and expand the nation's senior affordable and market rate housing supply.
DESIRED ATTRIBUTES
Strong appreciation for the mission of National Church Residences and ability to identify with and support the needs of its residents and other stakeholders.
Excellent communication skills and willingness to support a multi-disciplinary department of design, construction, finance, legal and project management professionals.
Demonstrated knowledge of real estate investment and the real estate development process.
A reliable and responsible team player, that manages time effectively.
Strong organizational skills.
ESSENTIAL FUNCTIONS AND BASIC DUTIES
The typical responsibilities for this position are to assist immediate supervisor and/or the department with the following with limited direct oversight from supervisor:
Identify, pursue and submit tax credit, bond, subordinate (FHLB, HOME, etc.) and lender applications to develop affordable housing communities. Submit multiple tax credit applications each year. Close multiple tax credit transactions per year.
Obtaining not less than two revenue producing projects per year (9% awards
and/or, 4% awards, acquisition projects, and/or third-party management contracts.
Identify and analyzes new affordable and mid-market senior living development opportunities. Prepares reports on topics including market investigation, comparable sales analysis, competitor evaluation and demographic research.
Actively involved in relationship building and policy-shaping with State Housing Finance Agencies, affordable housing owners, developers, brokers and others as needed.
Prepares financial underwriting for potential new projects.
Management and interpretation of third-party consultants and reports.
Lead in community stakeholder outreach materials and strategies for new development projects. Including, but not limited to, attending and representation National Church Residences in municipality presentations
Leads the zoning and entitlement process of housing development.
Supports the preparation of business terms of Purchase & Sale Agreements.
Represent National Church Residences with various jurisdictional staff (city, county, state, etc.).
Review construction/rehab plans with Construction Department and third-party architects.
Participate in strategic planning efforts for the Development Department.
Utilizing various development department resources, take the lead in tracking and satisfying project related critical path benchmarks such as entitlements, third party reports, design documents and construction approvals.
Provides support and guidance as required to Department leaders in such areas as project presentations for external stakeholders, coordination of internal resources, National Church Residences' internal investment committee, and others.
Must adhere to all policies, procedures, terms and conditions set forth in the National Church Residences Employee Information Guide (EIG) as well as any facility handbook including but not limited to corporate compliance, drug free workplace, safe work practices, all federal, state, local regulations and laws.
Other duties as assigned
QUALIFICIATIONS
Education: Bachelor's Degree required. Understanding of senior living fundamentals, market dynamics, and economic and demographic driver
Experience: 2-5 years of experience in a commercial or multifamily real estate related field, preferably with Low-Income Housing... For full info follow application link.
All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, ancestry, military status, disability, genetic information and/or any other characteristics protected by applicable law.
