New Hope Housing, Inc. (NHHI) seeks a positive, confident and results-driven professional with a service-oriented spirit. The Real Estate Development Associate works with the Department whose responsibility is to ensure the long-term viability of New Hope Housing developments. The Associate assists with all aspects of planning, development, and construction. The position also coordinates real estate projects across departments at New Hope Housing.
NHHI is committed to excellence in delivering high-quality Housing + Services and maintaining a legacy of stabilizing and improving lives. The organization devotes considerable resources to support professional development and actively promotes employee trainings and opportunities for advancement. Someone with a background in business; finance; real estate; housing; community, or economic development; urban planning/design; architecture; or engineering would be a great fit. You will work directly with experienced developers and other professionals and acquire valuable skills useful in real estate development and general project.
Salary Range: 62,000-65,000 annually
Duties and Responsibilities
General • Work in a collaborative manner with different work groups throughout NHH, including, but not limited to, Fund Development & Communications, Compliance, Property Management, Resident Services, Accounting, and People & Culture. • Work collaboratively with all partners and vendors to ensure effective and smooth operations.
Real Estate Development • Assists with all facets of:
Site selection
Development of project budget
Preparation of funding applications.
Design development
Underwriting and finance closing
Construction management
Track capital needs
• Initial due diligence on potential Real Estate Development transactions • Proficiency in RED pro forma Financial modeling • Maintain project schedules, budgets, and files • Attend construction meetings and writing progress reports • Utilize asset management tools to assess existing property risk and assist Property Management as necessary • Communicate regularly with team members about goals and tasks • Collaborate with consultants and business partners on day-to-day requests
General Expectations • The Real Estate Development Associate must be nimble and able to adapt to new situations quickly. • Able to navigate frequently shifting priorities and urgent deadlines. • Occasional evening meetings and out-of-town travel. • Perform other duties as required or assigned.
Qualifications • BA or BS Degree from four-year college • Proficiency in Excel • Ability to work productively unsupervised • Strong written communication skills • Willingness to work on occasional, sometimes repetitive tasks • Experience in real estate development preferred • Experience in general project management / construction management preferred
Equipment
This job operates in a professional office environment. This role routinely uses standard office equipment such as computer, phones, photocopiers, filing cabinets and fax machines
Must have access to a personal vehicle and hold a valid state driver's license and insurance
Must have a mobile phone with reliable service.
Physical Requirements
The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. While performing the duties of this job, the employee is regularly required to see, talk and hear. The employee is frequently required to stand; walk; use hands to finger, handle or feel; and reach with hands and arms. Must be able to navigate a construction site during all phases. Must be able to lift 20 lbs.
NEW HOPE HOUSING, INC. IS AN EQUAL OPPORTUNITY EMPLOYER.
THIS JOB DESCRIPTION DOES NOT CREATE EITHER AN EXPRESS OR IMPLIED CONTRACT OF EMPLOYMENT OF ANY SPECIFIC DURATION. ALL EMPLOYMENT WITH NHHI IS "AT-WILL" MEANING THAT EMPLOYMENT WITH NHHI MAY BE TERMINATED AT ANY TIME, WITH OR WITHOUT NOTICE, FOR ANY REASON OR NO REASON, BY EITHER NHHI OR THE EMPLOYEE.