Director of Real Estate Development & Construction Management

South Oakland Shelter • Pontiac, MI

154d • Hybrid

About The Position

We are seeking an experienced, multidisciplinary leader to join our team as the Director of Real Estate Development & Construction Management (RED & CM). This role serves as a subject matter expert, strategic advisor, and assists the Chief Real Estate & Community Development Officer as needed. Working closely with a team of internal Lighthouse professionals, outside development partners, consultants, financiers, contractors, and others; under the direction of Chief Real Estate & Community Development Officer; the Director of RED & CM will serve as the organization's primary on-the-ground point of contact throughout all phases of the development process-from feasibility and acquisition through design, construction, and closeout. The ideal candidate is a seasoned real estate development, construction, engineering, finance, or project management professional committed to community development. They bring experience working with not-for-profit organizations, a background in risk management, and fluency in complex real estate financial structures. They are a proactive problem-solver who thrives in collaborative environments, with a strong commitment to delivering quality projects that serve Lighthouse's mission focused communities.

Requirements

• Bachelor's degree in related field preferred.
• 6+ years required and 10+ years preferred documented experience.
• Experience working in or closely with non-profits.
• Experience with mission driven development and complex financial structures.
• Experience in LIHTC and other federal tax credit financing is heavily favored.
• Professional credentials in architecture, engineering, construction management, commercial real estate, finance, property management, project management, or risk management.
• Some ability to read and interpret construction drawings and engineering reports.
• Experience negotiating contract and procurement terms.
• Ability to read and interpret legal loan documents.
• Ability to read and interpret common financial documents.

Nice To Haves

• Relevant professional certifications can be considered.

Responsibilities

• Manage and maintain relationships under the direction of the Chief Real Estate & Community Development Officer.
• Support early phase financial modeling, pro forma creation, scenario analysis, and predevelopment planning.
• Exhibit some ability to underwrite the acquisition, renovation, or new construction of affordable housing.
• Lead efforts to secure desired properties for acquisition or development and manage related compliance requirements.
• Work with Lighthouse real estate development team to identify project programming needs and expectations.
• Provide early input on project expectations.
• Assist executive team in appraising early project needs assumptions, and negotiating commitments.
• Advise the team on best possible project delivery methods.
• Assist executive team in securing a wide variety of financial commitments needed to proceed on the project.
• Reply to formal requests for proposals and requests for qualifications (RFP/RFQ).
• Act as the primary technical liaison between architect, engineers, and other designers.
• Participate in due diligence and closing process.
• Review and advise the Lighthouse executive team on all construction contract documents.
• Work independently under the Chief Real Estate & Community Development Officer.
• Ensure all zoning, permits, and other municipal approvals are granted and recorded prior to closings.
• Maintain a shortlist of qualified general contractors and construction management firms.
• Monitor construction progress using earned value analysis and other predetermined KPI.
• Attend Owner-Architect-Contractor (OAC) meetings and other site visits.
• Oversee construction administration performed by the architect or other responsible parties.
• Review draw documentation for each project monthly prior to internal approval.
• Confirm that responsible parties are providing all construction closeout documentation.
• Collaborate with internal and external teams when a project is turned over to a third-party property management group.

Benefits

• Excellent benefit package including medical, dental, vision, life, matching 401(k), and more.

What This Job Offers

• Job Type: Full-time
• Career Level: Senior
• Industry: Nursing and Residential Care Facilities
• Education Level: Bachelor's degree
• Number of Employees: 11-50 employees