Director, Real Estate Development

Overview

Director, Real Estate Development

Samaritan Daytop Village  provides life-changing services in mental health, addiction recovery, housing, and more to help individuals and families across New York rebuild their lives. We serve over
33,000 clients annually at more than 60 locations throughout the five boroughs, as well as Suffolk, Rockland, Sullivan, Westchester, and Ulster Counties.

The Director of Real Estate Development leads affordable, supportive, and transitional housing projects across NYC and New York State. Reporting to the Vice President of Real Estate, this senior role oversees the full development lifecycle—including site selection, feasibility, financing (LIHTC, public/private funding), construction, and lease-up—while managing RFPs/RFQs, government funding applications, budgets, and multi-stakeholder project teams. The ideal candidate has 7–10+ years of affordable housing or real estate development experience, strong financial modeling and project management skills, and a commitment to supportive housing and community development.

• Lead end-to-end affordable housing and supportive housing development projects across NYC and New York State, from site selection through construction, lease-up, and stabilization
• Identify and evaluate new real estate development opportunities, including permanent, transitional, and community facility projects
• Structure and secure complex public and private financing packages, including LIHTC, tax‑exempt bonds, and city, state, and federal funding sources
• Prepare and oversee detailed pro formas, capital budgets, operating budgets, and financial models
• Manage submissions for RFPs, RFQs, and government funding applications (HPD, HDC, HCR, HFA, HUD, and other agencies)
• Oversee due diligence, lender and investor reporting, loan closings, cost certifications, and 8609 issuance
• Provide leadership to architects, contractors, consultants, and cross‑functional teams throughout the construction and development process
• Collaborate with property management and social services teams to ensure successful rent‑up, occupancy, and ongoing property performance
• Represent the organization in meetings with public officials, community stakeholders, lenders, and funding partners
• Develop and implement best practices for real estate operations, asset management, and portfolio growth

• Bachelor’s degree in Real Estate, Urban Planning, Finance, Business Administration, Human Services, or a related field;
  Master’s degree preferred
• 7–10+ years of progressively responsible experience in real estate development, affordable housing, supportive housing, or community development
• Demonstrated experience managing complex, multi‑phase development projects from concept through completion
• Strong expertise in affordable housing finance, including LIHTC, tax‑exempt bonds, and city, state, and federal funding programs
• Advanced financial modeling skills with the ability to prepare and analyze pro formas, capital stacks, and operating budgets
• Experience preparing and managing RFP/RFQ responses and government funding applications
• Proven ability to lead cross‑functional teams, consultants, and external partners in a multi‑stakeholder environment
• Strong knowledge of construction management, due diligence, loan closings, and regulatory compliance
• Excellent leadership, organizational, written, and verbal communication skills
• Proficiency in Microsoft Excel and project management software
• Commitment to supportive housing, affordable housing development, and serving diverse communities
• Ability to regularly travel throughout New York City and occasionally to other regions throughout NYS

This is a full‑time exempt role with a salary of $125,000-$150,000 with a full benefits package. Benefits include medical, dental, and vision insurance, 25 days of paid time off, access to a retirement account with an employer to match, and tuition reimbursement.

This role is based in Briarwood, Queens with an expectation of working from the office or a real estate development site 3 times per week.