Project Manager

BRIDGE Housing • San Diego, CA

77d

About The Position

This position manages all aspects of the development process, from site acquisition and project conception through construction completion and lease-up for multiple projects. The Project Manager is also responsible for ensuring a smooth transition of the process from development through occupancy and into operations.

Requirements

• 3 to 5 years of experience in real estate development, including affordable and multifamily/attached residential experience.
• Strong academic background with a college degree.
• Three or more years of on-the-job experience in the development of complex projects such as urban and transportation-oriented multifamily housing.
• Experience in conceptualizing, site planning, and programming multifamily developments.
• Proven experience in all phases of the new construction development process from site control through entitlement, design, construction, lease-up, and stabilization.
• Ability to develop and execute community outreach programs.
• Proven real estate finance expertise in rental and low-income housing tax credits.
• Ability to manipulate project pro forma and articulate the case for a specific project.
• Experience managing internal and external teams on development projects.
• Ability to work with time sensitive material and meet multiple deadlines.
• Proficiency in MS Office.
• Valid CA driver's license.

Nice To Haves

• MBA or equivalent degree in business, real estate, architecture, planning, or finance.
• Strong knowledge of market dynamics and real estate values in Northern California market.
• Experience taking several projects through the entire development process.

Responsibilities

• Identify and test feasibility of potential development opportunities through coordination of physical and financial due diligence activities.
• Maintain current knowledge of BRIDGE debt and equity underwriting standards as well as state and local gap funding standards.
• Represent BRIDGE with lenders, investors, contractors, city officials, brokers, peers, and others.
• Gain approval with Internal Project Committee reports for acquisition, initial development concepts and funding of initial feasibility and subsequent activities.
• Ensure proper coordination with property managers and other departments to assure compliance with underwriting and development goals.
• Manage team of consultants and process of obtaining required planning approvals.
• Coordinate with Asset department, Resident Services, and Property Management to ensure programmatic issues are adequately addressed.
• Manage and oversee the entitlement process, including representation before municipal and other regulatory boards.
• Manage community outreach programs to build support for the development program.
• Contract and manage the design development team responsible for design conceptualization and programming.
• Work closely with the General Contractor and property management group during marketing and lease-up through stabilized occupancy.
• Manage the design and construction team to ensure a financially and operationally viable development.
• Coordinate with accounting to manage construction draw process and maintain lender/investor relationships.
• Prepare and maintain regular progress reports tracking construction milestones, budgets, and key deliverables.
• Create and maintain up-to-date pro forma that accurately reflect the project budget and financing plan.
• Obtain financing for completion of the development, including preparation of applications for state and local financing.
• Manage project costs and budget throughout the development process.
• Ensure long term viability by budgeting adequate reserves and operating expenses.
• Maintain consistency with BRIDGE design and construction standards.
• Collaborate with other members of the division and the company on special initiatives.

What This Job Offers

• Industry: Heavy and Civil Engineering Construction
• Education Level: Bachelor's degree
• Number of Employees: 251-500 employees