Director of Development - Real Estate

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Full Time Denver, CO, US

6 days ago Requisition

Salary Range: $ To $ Annually

Job Title:

Director of Development – Real Estate

Reports To:

Vice President of Real Estate

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Company Overview
:
Founded in 1992, Rocky Mountain Communities is a Denver-based nonprofit organization that owns, manages, and develops affordable housing across the state of Colorado. The organization’s mission is to build brighter futures by investing in resident-focused affordable housing and services that empower our resident individuals and families to thrive. At Rocky Mountain Communities, we believe that offering supportive and life-enhancing services is at the root of our communities.

Position Summary
:
The Real Estate Development (RED) Director performs a range of duties managing the development and construction process from sourcing thru lease-up of RMC affordable housing projects. The RED Director serves as the chief “point-of-contact” for all involved in the financing, development, and construction of RMC projects, including consultants, and has partial oversight of RMC Associate Project Manager. The RED Director must demonstrate a capacity and track record of managing complex projects with minimal oversight;

they will report to RMC’s VP of Real Estate, who will be responsible for helping to establish strategic direction and prioritization of future development activity along with RED Director and other RMC leadership.

Primary Responsibilities
:

• Provide direct oversight of affordable housing developments, including but not limited to: site control, planning and design work, entitlements, predevelopment and development financing, construction, and lease-up, all while adhering to project timelines, tracking and reporting on project progress, and building and sustaining internal and external relationships
• Build community support and coordinate with various internal and external stakeholder groups
• Supervise architects, contractors, consultants, and other development team members
• Ensure projects delivered on time and within budget
• Assist the VP Real Estate in identifying acquisition opportunities, including defining each project’s services program; developing acquisition and funding options; and evaluating overall project feasibility
• Oversee the negotiation of all major agreements and financing documents, including limited partnership agreements, loan documents, construction contracts, architectural agreements, and property management agreements
• Work closely and effectively with VP Real Estate to create plans and agreements, define each project’s target population and unit mix, and incorporate design recommendations
• Support junior real estate development staff to be effective and technically excellent
• Build and maintain positive and effective relationships with external partners
• As an in-house development expert, maintain a working knowledge of significant developments and trends in the field
• Work with the VP Real Estate to report to the CEO, Board of Directors, and RE Development Committee, on the progress of development projects and to secure approval of new projects
• With the support of VP Real Estate, establish relevant departmental policies and procedures that promote high-quality products and an effective work environment
• Serve as an articulate, visible and effective spokesperson for the organization and its projects

Qualifications:

• Technically proficient in all aspects of affordable housing real estate development, including finance, entitlement and…