Associate Executive Director-Realty Group

Company: Selfhelp
Location: New York, NY

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Job Summary

Advises the Executive Director SRG in strategic planning, project planning, budgeting, and special projects for the company related to housing and real estate issues. Responsible for developing and implementing new projects as well as the structuring of SRG and its ongoing projects. Contributes to creating the next generation of affordable and mixed-income housing, mixed-use development, community innovation and social impact. Responsible for finding new real estate opportunities and serves as the primary contact to government agencies.

Job Responsibilities

Planning

  • Actively lead as a member of the SRG Team and report directly to the Executive Director.
  • Support the Executive Director in overseeing the ongoing work efforts of all Real Estate Development programs and personnel including administrative, funding, regulatory and legal obligations related to the company and the affordable housing portfolio.
  • Work hand-in-hand with the SRG Staff, Selfhelp Council members, management companies, federal, state and local housing agencies, lenders and consultants to create an effective strategy for the project implementation success.
  • Help to identify and create innovative funding and service models that further housing with services.
  • Collaborate and consult with SRG staff to develop initiatives that address program planning development needs relating to real estate and identify areas for expansion.
  • Coordinate the development and management of new real estate projects, including: finding new projects; analyzing feasibility; developing community planning strategies; negotiating with public and private entities; problem solving; and establishing and managing project schedules and budgets.
  • Represent the company in meetings and at public venues with architects, engineers, counsel, other design professionals, general contractors, building officials, accountants and others.
  • Coordinate plans and make recommendations relative to housing facilities, financing space and layout, workflow and staffing.

    Financial

  • Oversee refinancing, new construction and other real estate opportunities, including leading development teams, negotiating with property owners and contractors, and managing the budgetary implications.
  • Accountable for the annual operating budgets for SRG; work with VP Asset Management to develop and review the housing companies’ budgets and operations.
  • Work with VP Asset Management to ensure contractual relationships with property Management Companies including all rent increase submissions, approval for capital projects, etc. are working efficiently and effectively.
  • Identify and coordinate programmatic governmental funding requests, in line with appropriate Federal, State and City financing programs for creating affordable senior housing choices.
  • Establish and implement project underwritings and projections for financial applications through project completion and oversee ongoing reporting.
  • Work with SRG staff to manage the due diligence, acquisition and closing and conversion processes, including design, equity & debt negotiations, permitting, and regulatory and agency review.
  • Deliver required reports to regulators and vendors on time.

    External Communications

  • Be thoroughly familiar with all Selfhelp programs, especially those that relate to the provision of affordable housing and services.
  • Work with Selfhelp staff to assure that both the broad mission and the specific project goals are met for all SRG properties.
  • Serve as liaison with government funding sources to ensure housing policies and procedures and building operations meet standards and code compliance.
  • Oversee advocacy and government relations issues as related to real estate development.
  • Building and maintaining relationships with agencies and funders for new housing programs, including development partners, government officials and agencies, consultants, lenders, investors, community company’s and other key stakeholders.
  • Attend community and city-wide meetings to represent the housing and real estate interests of SRG.
  • Serve as liaison with governmental bodies concerning the company.
  • Attend meetings with state and city officials, and represent SRG in dealings with other funding sources.
  • Develop and present oral and written reports to the Executive Director and outside constituents.
  • Serve on relevant internal and external boards and committees as required.
  • May serve on federal, state, city, company and professional committees.

Selfhelp complies with all Federal, State and Local laws in regards to wages.

Knowledge, Skills And Requirements

  • Bachelor’s degree, Master’s Degree with applicable concentrations strongly preferred or equivalent working experience.
  • Minimum of 8 years of significant, relevant experience in real estate development, management, and financing, with an emphasis on affordable senior housing.
  • 5 to 7 years senior management experience with a strong demonstrated ability to build and direct effective teams to manage major development projects
  • Candidate must have proven understanding of affordable housing finance and experience working with various types of public and private real estate funding and federal, state and city housing programs.