Senior Project Manager/Project Manager
: Job Details :

Responsibilities

Related California is seeking a Senior Project Manager or Project Manager, depending on experience, for its Northern California Affordable Housing division, located in San Francisco, CA. The successful candidate will have excellent quantitative, analytical and communication skills, as well as a demonstrated understanding of affordable housing development in California.

The Senior Project Manager/Project Manager will be responsible for all aspects of project development including new business, entitlements, design, financial analysis and modeling, deal memo preparation, due diligence, legal oversight, budgeting, and construction. This role is a key team position that will provide the candidate with professional growth and exposure to all aspects of affordable housing development.

Key Responsibilities

• Financial Analysis: Develop and manage project proforma model, including development cost projections, cash flows, tax credits; identify and understand funding sources and funding source requirement.
• Acquisition: Perform financial analysis and due diligence for new development opportunities, complete underwriting and cash flow analysis, and respond to Requests for Qualifications or Proposal.
• Government Subsidy: Complete detailed financing applications for various state and local funding programs, including TCAC, CDLAC, and HCD.
• Planning and Design: Work with consultant team, including architect, engineers, energy and other consultants. Oversee deliverables and keep team on track.
• Entitlement Processing: Apply for and obtain land use approvals and building permits. Assist in preparation of community outreach documents and attend community outreach meeting.
• Operations: Prepare budgets and schedules, cash flow projections, deal memorandums, financial forecasts and strategic plan.
• Transactions: Manage the closing process for real estate transactions including acquisition, construction loan closing and conversion.
• Construction: Coordinate loan draws, forecast project budgets and cash flows, and manage project deliverables to ensure projects are delivered on time and on budget. Participate in draw meetings and coordinate with construction manager.
• Lease up/Marketing: Coordinate with property and asset management to meet lease-up targets.

• $120,000 - $180,000 / year
• Annual performance based bonus.

• Bachelor's Degree preferably in real estate, business administration, public policy and planning or a related field; Master's Degree in related field a plus.
• 3 to 7+ years of direct experience in multifamily and/or affordable housing development.
• Experience with managing affordable housing development in California and with financing programs such as MHP, IIG, AHSC, LIHTC, and PAB.
• Strong quantitative skills and proficiency in MS Office (Word, Excel, and PowerPoint) are a prerequisite.
• Strong project management skills, results-driven with ability to manage multiple deadlines.
• Organized and keen attention to detail with an ability to manage multiple deadlines, tasks and assignments.
• Strong intellectual curiosity and motivated to advance as an affordable housing professional.
• Suitability to a fast-paced environment and an entrepreneurial culture that places a premium on performance.
• Must be a team player but also a self-starter that can perform with limited direction.
• Excellent written and verbal communication skills.
• Sensitivity to populations served.

Desired, but Not Required Qualifications:

• Experience in San Francisco Bay Area.
• Knowledge of CEQA, including experience with planning and entitlements processes in California.
• Experience with HUD and Public Housing Authority programs and projects.
• Masters Degree in related field.

Related values diversity in backgrounds and experiences. We are proud to be an equal opportunity employer and are deliberate about the team and culture we are building. We aim to ensure competitive total compensation that is commensurate with experience, workplace geography, and market standards.

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Formed in 1972, Related is the most prominent privately-owned real estate firm in the United States. Headquartered in New York City, the company has offices and major developments across the world. Related owns and manages a premier portfolio of assets valued at over $60 billion, including the 28-acre Hudson Yards neighborhood on Manhattan's West Side.

Related believes in investing in its talent and cultivates a positive, team-oriented environment where every voice is valued. Employees are encouraged to boldly take on new challenges, transcend the status quo, and demonstrate strong entrepreneurial spirit. In its relentless commitment to excellence, Related works to foster an innovative approach in its team members so that they can positively impact the communities in which they conduct business. Learn more about Related at www.related.com.

Related California, the West Coast affiliate of Related Companies, is a fully integrated real estate firm that develops multifamily residential and mixed-use properties in California.

Since 1989, Related California has undertaken a range of transformational developments from best in class luxury high rise residential properties to the redevelopment of obsolete public housing, spanning a broad spectrum of urban infill, affordable, mixed-income and market rate multi-family developments. The company has a development portfolio of more than 20,700 residential units completed or under construction, and more than 4,500 affordable and 7,200 market rate units in pre-development.

Related California has a long history of community partnership, having collaborated with more than 40 municipalities and over 30 non-profit organizations throughout California, and has successfully developed and managed a broad range of property types throughout Alameda, Contra Costa, Los Angeles, Orange, Sacramento, San Bernardino, San Diego, San Francisco and Santa Clara counties. Related California has developed more than $10.3 billion in assets and has a track record of consistently developing communities that exceed industry benchmarks in design, construction, sustainability and property management. For more information about Related California, visit www.relatedcalifornia.com.