Senior Project Manager

The Community Builders, Inc. (TCB) is an entrepreneurial real estate developer and owner. Our mission is to build and sustain strong communities where all people can thrive. We envision a world with vibrant, safe and inclusive neighborhoods where all people live in healthy homes with equitable access to resources and opportunities to pursue their dreams, and we work to make that vision a reality.

Founded in 1964, TCB currently owns/manages 14,000+ units of rental housing across the Northeast, Mid-Atlantic, and Midwest.

Opportunity is not equally available across households and regions. America has enormous racial and economic segregation because of government backed policies such as redlining, unequal access to nonpredatory home ownership loans, racial covenants and exclusionary zoning. As a result, quality housing in good neighborhoods with reasonable access to jobs is out of reach for many Americans. At the same time, many communities lack the necessary investments in housing, amenities, services and commercial development to provide a good quality of life.

Over the next five years TCB aims to make vital contributions that address this fundamental opportunity gap, by adding to the stock of affordable quality homes and helping to provide services and amenities in thriving communities for all people.

Are you a creative problem solver with a focus on positive outcomes? Do you enjoy working on tangible projects that make a financial and physical difference to the communities where we work? Do you bring a drive for results and a real desire to make a difference?

The Acquisitions & Preservation team within the Real Estate Finance Department at TCB works closely with the Development team, Asset Management team, and other departments to build and sustain high-quality residential and mixed-use developments. Core functions of this role include providing financial analysis of new acquisition opportunities and properties in the TCB portfolio to inform repositioning strategies, and working with inter‑departmental teams to craft and implement capital transactions.

The open Acquisitions & Preservation Senior Project Manager role will focus in two areas:

• Acquisitions:
  One way that TCB pursues our mission is by acquiring existing properties and adding or preserving affordability. We seek a team member to be responsible for driving this growing part of our business, in cooperation with Development colleagues across TCB's footprint.
• Portfolio Preservation: TCB has a portfolio of 14,000 properties that include an array of financing and legal structures. The Senior Project Manager will lead a team of staff from multiple departments across TCB to identify and implement financial repositioning and physical rehab strategies to maintain and enhance these assets.

• Serve as an essential team member, in partnership with the Development department, in implementing and honing TCB's acquisition strategy
  • Participate in acquisition prospect identification, including property data and market analysis
  • Analyze acquisition opportunities ranging from single building to complex portfolios, including financial modeling, review of property financials, and review of legal and regulatory documents
  • Generate offers to purchase
  • Lead in obtaining debt and equity financing
  • Lead an inter‑departmental team to complete necessary due diligence
  • Negotiate deal terms and documents and drive acquisition closings with support from Legal team
  • Cultivate and maintain relationships with real estate brokers
• Collaborate with Asset Management to develop and implement…