Development Coordinator - Atlanta Regional Office

Dominium • Atlanta, GA

14h • Onsite

About The Position

The Development Coordinator plays a crucial role in managing the due diligence process for an assigned portfolio of multifamily real estate development projects. These projects span across various stages of the development lifecycle, from pre-purchase agreement through closing and pre-stabilization. As a key member of the development team, the Development Coordinator ensures the organized and timely completion of due diligence, financing applications, and post-closing value events.

Requirements

• 1 year of relevant work experience or a Bachelor’s degree in Real Estate, Business Administration, or a related field
• Experience in the real estate industry, particularly in affordable housing (LIHTC) and transaction processing is highly preferred
• Familiarity with Yardi and Workfront is advantageous but not required
• Ability to communicate clearly with others orally and in writing in English
• Excellent verbal, written and interpersonal communication skills
• Proficient in Microsoft Office Suite, including Word, Excel, Access, and PowerPoint

Responsibilities

• Prioritizes and manages multiple complex projects concurrently, ensuring all deadlines within the assigned portfolio are met.
• Prepares and coordinates comprehensive due diligence materials for lenders and equity institutions related to affordable multifamily housing closings, including acquisitions, resyndications, and new construction projects.
• Assists with preparation of bond applications, tax credit applications, and other financing or soft funds packages that are needed to secure funding for projects.
• Oversees and coordinates post-closing activities, including state agency reporting, 8609 applications, permanent financing conversions, equity installments, and refinances.
• Actively engage with stakeholders to coordinate the necessary due diligence for each value event, ensuring compliance with all requirements.
• Orders third-party reports throughout various phases of a project including, but not limited to, Environmental Studies, Property Condition Assessments, Appraisals, Market Studies, Title and Survey, and Zoning Reports.
• Fosters relationships with other departments such as property management, asset management, construction, accounting, and compliance to streamline communication and gather necessary information for lenders and investors.
• Participates in regular conference calls with the development team, lenders, investors, underwriters, attorneys, and other stakeholders to provide updates on the due diligence process.
• Interprets and extracts key information from loan agreements and partnership agreements to understand project timelines and track upcoming value events.
• Maintains organized electronic due diligence files in accordance with existing processes and standards.
• Monitors and updates project management software to ensure timely task completion and accurate reporting.

Benefits

• Competitive salary
• Incentive bonus program
• Training and development programs
• Career growth
• Community volunteer and outreach programs
• Basic Life and AD&D
• Employee, Spouse and Child Supplemental Life and AD&D
• Short and Long-Term Disability insurance
• Medical, Dental and Vision coverage
• Optional Health Savings Accounts
• Medical and Dependent Care Flexible Spending Accounts
• Voluntary Benefits (Accident, Critical Illness, Whole Life)
• Employee Assistance Program
• 401(K) plan
• Health and Financial Wellness Programs
• Paid Time Off
• Paid Holidays
• Floating Holidays
• Paid Parental Leave
• Education Reimbursement
• Employee Recognition
• Dominium Employee Emergency Fund

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level