Senior Vice President, Development

Job Summary

The Senior Vice President, Development (“SVPD”) is responsible for leading and driving development work for all Cinnaire’s three priority city markets and other areas of focus. The SVPD works closely with the President of Cinnaire Solutions and other Cinnaire Business Leaders on all matters related to the organization’s real estate development work and manages and coordinates the implementation of development projects.

A primary role of the SVPD is to grow talent of the diverse and skilled team throughout its multistate geography.

• Maintain track record of successful project completion on or ahead of schedule, on budget, with maximum financial return, highest quality, and greatest community impact – including the ability to effectively communicate with and manage a third‑party team.
• Resourcefulness and strategic thinking to overcome obstacles to secure appropriate resources.
• Works with President and CSC Board to set strategic direction.
• Excellent analysis and problem‑solving skills.
• Superior level of accuracy, organization, and attention to detail – and instilling this trait to the junior colleagues she serves.
• Strong negotiation and collaboration skills, particularly with external partners.
• Skilled in leading, inspiring, and supporting highly effective teams of professionals.
• Excellent relationship‑building skills and a customer service orientation that leads to sustainable and mutually beneficial external partnerships.
• Supports and leads Cinnaire’s 5‑year strategic plan, balancing growth, profit, and mission, with focus on impact and sustainability.
• Supports, trains, and grows talent on the team – development managers, development associates, asset manager, and design development specialist.
• Point on soliciting and maintaining debt and equity relationships, including but not limited to Cinnaire. Cinnaire recognizes that it does not have unlimited capital and will have to fill the needs of the pipeline with outside resources.
• Oversees timely and efficient progress on its projects and working closely with unrelated development partners toward successful and profitable completion.
• Provides leadership, guidance, and supports teams of highly skilled consultants, architects, general contractors, attorneys, accountants, and consultants.
• Supports project packages for investors and lenders and public financing, including project grants. Point on capital sourcing – equity and debt.
• May lead or “pilot” new development opportunities in addition to other functions, particularly Wisconsin.

• Prior experience developing real estate required – successful applicant will demonstrate competencies in sourcing, shaping, funding, constructing, and stabilizing real estate transactions with a minimum of six representative developments.
• Four years’ experience in real estate analysis preferred.
• Experience in developing feasibility analyses, creating and managing pro formas, monitoring project budgets and timelines required.
• Knowledge of real estate development best practices related to multi‑ and single‑family affordable housing development and innovative neighborhood planning and community revitalization strategies required.
• Development of multifamily development required.
• Experience with and working understanding of various CDFI and industry tools (grants, LIHTCs, NMTCs, CDBG, HOME, FHLB‑AHP, historic credits, and energy credits) preferred.
• Experience with ESRI, GIS and Adobe Creative Cloud beneficial.
• Bachelor or Master degree in real estate, legal, paralegal, business, or similar degree preferred.
• Perseverance:
  Accept uncertainty by remaining focused and engaged on assignments; look for plausible solutions to difficult problems.
• Resource Optimization:
  Apply knowledge of internal structures and existing talent to accomplish a goal.
• Big Picture Perspective:
  See beyond a specific business area and consider the broader strategic initiatives of the organization.
• Inclusion Awareness:
  Identify the benefits and advantages of harnessing the collective insights of various individuals in the organization.
• Leadership Development:
  Coach and develop others by seeking to understand their strengths and development…