Senior Project Manager, Public-Private Development

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Headquartered in New York with a nationally-scaled platform, RXR is a 450+ person, vertically integrated investment manager with expertise in a wide array of value creation activities, including acquisitions, asset and portfolio management, property operations, development, construction, leasing, and technological innovation. RXR is an active investor in real estate credit, rental housing, commercial property, and property technology through value-added and opportunistic investment strategies.

RXR is currently looking for a Senior Project Manager, Public-Private Development
. This position will primarily focus on new P3 opportunities for the firm, as well as work on existing development projects in RXR’s portfolio.

The Senior Project Manager will work for the Executive Vice President, Investments & Public-Private Partnerships on the identification of P3 opportunities (inclusive of public, institutional, non-profit and other partners) and ongoing project management of portfolio projects through the acquisition, pre-development and entitlement phases.

The SPM will be responsible for the day-to-day oversight of their projects, including program development and due diligence in cooperation with RXR’s Development and Construction teams, zoning and entitlement review, community and stakeholder outreach and coordination, and working closely with the Investment Management Group on underwriting, and program assumptions.

The SPM will also play a significant role and be involved in monitoring political and government programs and developing policy positions and responses to issues that impact RXR’s business and/or have implications for the broader geographic areas in which the company operates.

This is a role which spans multiple RXR departments and provides wide visibility and exposure to different facets of RXR, including the company’s executive leadership. Work will primarily relate to real estate opportunities, but may also involve infrastructure, prop-tech, real estate advisory and other opportunities the company pursues.

The ideal candidate will have a breadth of experience across multiple aspects of real estate development, have a demonstrated ability to manage projects and, above all, be a creative, engaged self-starter with an ability to work independently and respond quickly to new challenges and opportunities.

• Work under the direction of the EVP to manage all aspects of public-private partnership work, from identification of opportunities to bid responses, site evaluation and diligence, acquisition, entitlements, pre-development and thereafter as required.
• Similarly, work with the EVP to manage all aspects of P3-adjacent opportunities, such as private acquisitions/transactions that may have a significant public element (e.g. entitlements, opportunity zone qualification, etc.)
• Prepare content and manage third-party consultants in preparation for RFP (or similar) bids.
• Prepare and manage budgets and schedules for pursuit of opportunities; develop budgets for pre-development periods and full project underwriting.
• Collaborate with Investment Management Group and Development and Construction groups on all aspects of relevant projects.
• Interface with Construction team to develop estimates for consistency with project documents, legal agreements, approvals, etc.
• Manage the underwriting and market concept for each project through the process to secure entitlements from relevant municipal authorities.
• Ensure proper communication and overall coordination of the project team and external consultants.
• Track relevant policy and political items that may impact RXR’s business lines (i.e. familiarity with State and City budget, Federal programs, new/proposed laws and regulations, etc).

• Bachelor’s degree required;
  Master’s degree, MBA, or professional certification strongly preferred.
• Minimum of 7 years of commercial and/or mixed-use real estate development and/or infrastructure experience required.
• Must have working knowledge of real estate economics, with preference for experience in real estate development,…