Vice President Real Estate

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Full Time Denver, CO, US

Salary Range: $ To $ Annually

Position:Vice President of Real Estate

Reports to:President/CEO

Classification:Full Time / Salaried Exempt

Salary Range:$185,000 - $210,000

About Rocky Mountain Communities:

Rocky Mountain Communities (RMC) is a 32-year-old nonprofit that owns, manages, and develops affordable housing across Colorado. The organization’s mission is to build brighter futures by investing in resident-focused affordable housing and services to empower individuals and families to thrive. At RMC, we believe that a holistic approach to owning, managing, and developing high-quality affordable housing is the key to sustainable improvement in underserved communities.

Position Summary:

The Vice President of Real Estate leads RMC’s real estate and asset management teams, overseeing all phases of the development lifecycle – from site acquisition to project stabilization and long-term portfolio sustainability. Responsibilities include recapitalization of existing properties, new construction, acquisition and rehabilitation, portfolio syndication, and joint ventures with other partners. The VP of Real Estate will be a pivotal strategic partner in determining the long-term vision and setting the future course of the department and the organization.

This represents a new position within RMC and contemplates a more formal integration of real estate development and asset management under one reporting structure to maximize development prioritization and portfolio performance. This full-time position includes regular travel throughout Colorado to tour properties, attend meetings, and support organizational expansion, including managing, mentoring, and evaluating RMC staff, and supporting new real estate partnerships.

Key Responsibilities:

Organizational and Team Leadership

• Thought leader for RMC on (re) development strategy, focus, and cadence
• Partner with RMC leadership to establish and carry out the organization’s real estate growth, preservation, and portfolio strategy
• Lead, develop, and support the real estate development and asset management teams, including staff evaluation, coaching, training, and resource planning
• Create strong coordination among development, asset management, property management, resident services, finance, and executive leadership
• Establish clear goals, performance expectations, reporting practices, and accountability across the real estate portfolio
• Lead Board Development Committee meetings and provide regular, clear reporting to the Board of Directors
• Lead role in formulating (re) development strategy, priorities, and resourcing
• Identify, evaluate, and advance potential development sites, acquisitions, rehabilitation opportunities, portfolio syndications, and joint ventures
• Negotiate acquisition agreements and oversee due diligence, feasibility analysis, entitlement, environmental review, and public approval processes
• Lead responses to requests for qualifications and proposals, grant applications, and public and private funding opportunities
• Structure and secure predevelopment, construction, and permanent financing using complex, multilayered capital stacks, including Low-income Housing Tax Credits, tax-exempt bonds, HOME, state and local programs, grants, and conventional sources
• Select and manage external development partners, including architects, general contractors, engineers, attorneys, consultants, lenders, investors, and public agencies
• Oversee project budgets, cash flow projections, schedules, design, construction, Lease-up, and stabilization to meet RMC standards and lender, investor, and…