Real Estate Project Manager

Job Description:

WHO We Are:

Self-Help started in 1980 with a focus on economic inequality especially in communities that have faced systemic barriers in building wealth. At the core of what Self-Help does is a drive to create and protect ownership and economic opportunity. In other words, we're committed to economic justice! Economic Justice means that all communities have the basic infrastructure they need to thrive, from high quality schools to grocery stores selling fresh foods resources that support opportunity at a neighborhood level regardless of demographics, income, or wealth.

Since our founding, we've constantly sought to find new ways to pursue greater economic justice: from providing fair and affordable loans, to working with partners to demand that lawmakers change unjust policies.

We are seeking a Real Estate Project Manager to join our team!

Under limited supervision of the Director of Business Development & Project Management, the Project Manager - Real Estate will lead all phases of the commercial and residential real estate development process at Self-Help. This position will carry out this role by performing a wide variety of project management tasks as needed by the team, such as performing market research, creating financial pro formas, conducting due diligence, coordinating with community partners, closing financing, and working on other tasks related to project predevelopment, development, and asset management.

The Project Manager - Real Estate will play a lead role on most of their projects and a supporting role on some, and they will be a key member of the Real Estate team's project management staff. This position provides significant autonomy so requires a highly motivated, independent worker who is both an individual contributor and a project team leader accustomed to working effectively facilitating groups of professionals.

The job may be filled at a more junior or senior level, depending on experience.

WHAT You'll DO:

• Actively participate in identifying and evaluating potential properties for acquisition, including project idea conceptualization for both commercial and residential real estate.

• Perform detailed site analysis, including studying site constraints, zoning and entitlement requirements, and producing back of the envelope financial models.

• Develop complex pro formas that often utilize layered financing, including sources such as New Markets Tax Credits, Historic Tax Credits, Low Income Housing Tax Credits, and more.

• Perform market research to analyze project economics and verify assumptions used in pro forma models.

• Actively manage the property acquisition due diligence and closing process, including coordinating with third parties such as surveyors, attorneys, and environmental consultants.

• Research existing community planning documents and participate in community groups and neighborhood discussions to listen, learn, and build long-term individual and organizational relationships.

• Coordinate internal project team meetings, which typically include construction managers, leasing staff, and other Self-Help staff.

• Over time, build relationships with community members and stakeholders, including neighborhood leaders, property owners, government staff, and elected officials.

• Assist with the preparation and presentation of investment memoranda to secure Self-Help and third-party financing.

• Review and comment on legal documents such as leases, loan agreements, and other financing documents.

• Actively support the process of closing financing, including managing checklists, reviewing key documents, analyzing financial projections, and coordinating with financing partners.

• Work closely with external design and construction teams, alongside construction management colleagues.

• Monitor development budgets and project timelines.

• Communicate clearly and consistently with development partners, including tenants, community members, and more.

• Assist with leasing and other activities needed to complete and stabilize development projects.

• Assist with internal and external reporting requirements for projects underway and post completion.

• Assist with other asset management tasks as needed in…