Apply on Employer Site

Conifer Realty · 4 days ago

Vice President of Development, MD, VA, NC

North Carolina, United States

Full-time

Hybrid

Director/Executive

$185K/yr - $215K/yr

15+ years exp

Conifer Realty is a professional organization focused on affordable housing development. The Vice President of Development will lead the sourcing and execution of new construction projects in Maryland, Virginia, and North Carolina, ensuring profitable implementation and overseeing regional development staff.

Building MaterialConstructionProperty ManagementReal Estate

Responsibilities

VP will lead the development efforts in MD, VA and NC and be the “quarterback” of the Conifer teams involved in the projects (Development, Construction, Legal, Accounting, Asset Management, Property Management)

Develop and report on annual regional profitability goals to meet overall company goals

Determine capacity and appropriate resources to address current and pipeline projects, including staffing and predevelopment expense budgets

Hire and manage Development Managers and Development Coordinators, including mentoring, coaching, training and succession planning

Represent Conifer at regional conferences and political events

Will be responsible for profitable completion of new affordable (LIHTC) housing and workforce housing developments including sourcing, local approvals, funding applications, construction closings, construction and conversion/ 8609

Will oversee implementation of development projects in assigned region(s), principally financed utilizing low-income housing credits, from project inception to 8609 certification with the assistance of development staff to complete the following tasks:

Identifying and negotiating purchases of new project sites for pipeline

Responsible for project feasibility and profitability and its related impact on the corporate budget through completion

Develop and maintain professional relationships with local, state and federal funding agencies staying apprised of available programs and requirements and initiatives

Develop and maintain professional relationships with joint venture partners, investors and municipal development planners

State funding, or multi-state funding applications where applicable

Work with the Development Managers to maintain project budget, complete sources and uses and monthly update of project cost to complete

Obtain local municipal project approvals. Travel required and evening appointments for local approvals

Select, direct and coordinate third party design professionals (i.e. architects, engineers, energy and environmental consultants) to include design review, adhering to the Conifer building outline specifications and standard floor plans

Coordinate completion of third-party Market Studies and Appraisals

Review and approval of third-party contracts and billings

Work with closing team on pre-syndication, equity, construction loan and permanent loan closings

Represent the owner at construction meetings and resolve issues related to design implementation, schedule, local permits, third party professional’s responsibilities and draw reviews. Approve hard cost draws and change orders

Review and approve soft cost draws and submission of hard and soft cost draws to funders

Work with PM team and Construction team to determine all regulatory requirements for the issuance of C of O from the local municipality and direct the contractor and third-party professional to complete their required roles in the process

Assist preparing final job cost for 8609 issuance and regulatory agreement filings

Other development-related projects, duties as assigned

Remote with some regional office attendance when needed/scheduled and travel to Project states and Project Municipalities

Qualification

Affordable housing developmentFinancial budgetingProject managementMS Office SuiteDeal PathProcoreCoachingCustomer serviceOral communicationWritten communicationMentoringOrganizational skillsInterpersonal skills

Required

Minimum fifteen (15+) years in affordable housing development or combination of experience in planning, real estate development and finance

Minimum 7+ years of experience in affordable housing project management, leading projects from start to finish, is required

Strong financial, budgeting experience required

Proficient computer skills and programs including MS Word, Excel, Outlook, PowerPoint, and project management programs such as Deal Path and Procore

Staffing, performance management including coaching, mentoring, training experience is essential

Bachelor's degree required, with a major in Business, Law, Finance or Planning preferred

High School Diploma/GED equivalent required

Demonstrated excellent oral and written communication skills

Collaborates effectively to get things done, building and nurturing strong relationships—becoming a positive resource for our vendors, contractors, visitors and fellow employees

Is enthusiastic, highly motivated with a strong work ethic and has an intense focus on achieving results

Champions change and operational excellence

Demonstrates organizational, time-management, and multi-tasking skills to effectively manage several projects with daily activities at one time to meet required timelines set

Business Professional with excellent business judgment and practices

Thinks strategically and applies critical thinking to identifying and solving problems

Embraces the opportunity to work side by side with team and partners

Is willing to go the extra mile to resolve issues and complete tasks required, including any extended hours that might be needed

Strong interpersonal communication skills; ability to mentor, coach team members and provide training guidance as needed

Displays a positive attitude; exercises self-control at all times

Able to handle confidential matters

Flexible, able to multi-task; adaptable to change projects when needed

Ability to read and comprehend complex documents (regulatory agreements, contracts, others)

Excellent customer service skills with ability to effectively collaborate with fellow colleagues at all levels, contractors, vendors, visitors, local and state representatives, other officials as required

Light work that may require, walking, stooping, crouching and lifting up to 15 pounds on occasion

Travel required – frequency based upon projects, scheduled meetings, conferences

Evening hours required as needed