Project Manager - Real Estate

Abode Communities•Los Angeles, CA

4d•$82,000 - $92,000•Onsite

About The Position

Abode Communities is a nonprofit social enterprise that has been rooted in community development throughout the State of California since 1968. More than an affordable housing provider, our work fosters a culture of housing inclusion by integrating families and individuals with neighborhoods so communities at-large can thrive. Under the direction of an Associate Vice President, Development, the Project Manager will have primary responsibility for the full range of development activities for selected housing and community development projects, including new construction and acquisition/rehab projects. Project Managers are experienced problem solvers, relationship builders, collaborative, adaptable, and kind. This role also works closely with senior project managers, project management associates, development accountants, and members of the Business Development and Architecture teams towards the completion of projects.

Requirements

A bachelor’s degree and one to three years of experience in urban planning, business or real estate/housing development or finance, or a graduate degree in a related field and one to three years’ experience in housing development, real estate development, urban planning, business, finance or a related field.
Some knowledge of key aspects of real estate development and finance, land use and entitlement, property due diligence and acquisition, and site planning and design. Direct experience with at least some phases of the development process preferred.
Familiarity with affordable housing finance structures including low-income housing tax credits and syndication concepts.
Knowledge of and experience with loan packaging, public and private affordable housing resources, and subsidy programs.
Ability to initiate and maintain effective and cooperative working relationships with team members, local government agencies, consultants, lenders/investors, and community stakeholders.
Well-organized, detail oriented, and excellent analytical skills; proficiency in sophisticated financial analysis using Excel and with word processing software such as Microsoft Word.
Strong analytical and problems solving skills; good client and public presentation skills; and excellent oral and written communication skills.
An entrepreneurial and creative approach to problem-solving in the field of real estate development; enthusiasm and team building spirit.
Valid California driver's license and availability of an insured vehicle to travel within the Abode Communities’ service area. Vehicle must meet Abode Communities’ insurance requirements.

Responsibilities

Manage all phases of development including initial financial feasibility analysis, overseeing design development, securing all necessary financing, procuring and contracting with all third-party consultants, overseeing construction.
Manage all aspects of financing developments; identify funding sources and complete loan/funding applications; secure predevelopment, construction and permanent financing.
Coordinate with asset management, property management and resident services during predevelopment and construction to ensure smooth tenant relations.
Manage the construction process; select and negotiate contract with contractors; monitor construction team.
Manage transition to operations; supervise property management; monitor tenant selection and lease up.
Special projects as designated by Associate Vice President, Senior Vice President, or designee.