Rocky Mountain Communities ยท 3 months ago
Vice President Real Estate
Denver, CO, US
Full-time
Onsite
Director/Executive
$160K/yr - $175K/yr
10+ years expRocky Mountain Communities (RMC) is a nonprofit focused on affordable housing across Colorado. The Vice President of Real Estate Development is responsible for leading the development of affordable housing, including new construction and acquisitions, while collaborating with various partners to support organizational growth.
Non ProfitReal Estate
Responsibilities
Assists in formulating department strategy
Initiates location and evaluation of potential project sites and properties
Negotiates acquisition agreements and leads due diligence process
Leads team responses to RPQs and RFPs, grant proposals and funding applications
Conducts preliminary feasibility analyses and organizes critical community support
Researches and secures sources of predevelopment, construction, and permanent financing from public and private sources
Works with public agencies to assure timely public review and approval including environmental and other entitlement reviews
Identifies members of the development team and negotiates contracts with architects, contractors and engineers
Prepares and monitors project budgets, cash flow projections and project schedules
Oversees design and construction management to ensure attention given to special-user needs, project budget, timelines, and lender/investor requirements
Makes public presentations on behalf of RMC at external project and policy meetings
When necessary, takes the lead for hiring and orientation of new development
Facilitates training and technical support for development team members
Prepares written report material and grant applications and makes presentations before public bodies and community groups
Leads Board Development Committee meetings and reports regularly to the Board of Directors
Qualification
Required
Experience and background in all aspects of affordable housing and multifamily project development from acquisition through construction completion
Experience with complex, multi-layered capital stacks and complex developments that include commercial/residential condominium structures in the range of $20M - $100M
Working knowledge and experience with local, state and federal housing financing programs; including HCD programs, HOME, Low Income, Housing Tax Credits, and Tax-Exempt Bonds
Working knowledge of the state and local entitlement and public approvals processes
Previous supervisory experience
Knowledge of and sensitivity to the concerns and needs of lower income families and individuals
Ability to conduct financial analysis and budget preparation
Strong oral and written communication, interpersonal and conflict-resolution skills
Effective public presentation skills
Ability to work in and lead project teams and to work with a wide variety of individuals
Computer skills including word processing and spread sheets for financial analysis required
Excellent organizational and problem-solving skills
Solid connections to leading brokers, general contractors and design firms in the local market
Must be able and willing to travel and attend evening and weekend meetings as requested
Bachelor's Degree (B.A.) or equivalent; Master's Degree (M.A.) or equivalent in Business, Planning or similar applicable degree is desired but not required
Minimum 10 years related experience or an equivalent combination of education and experience in the sourcing and development of multifamily or affordable housing
A passion for development required
Must have reliable automobile transportation and a valid Colorado Driver's License and insurance
Preferred
Must be able to wear several hats from sourcing, acquisitions, entitlements, development and project management
Driven ability to hop on the phone and make things happen
Comfortable putting out fires and pivoting focus when necessary
Excellent organizational and written communication skills
Creative problem-solving abilities with high tolerance for ambiguity
Solid time management skills with the ability to prioritize and work independently on a wide variety of tasks
Strong familiarity with computer software including, Microsoft Word and Excel; ability to create and manipulate spreadsheets
Excellent communication (verbal and written), decision-making, interpersonal, negotiation, conflict resolution and time management skills
Ability to calmly work under pressure and successfully meet deadlines
Ability to communicate and interface professionally and sensitively to staff, board, residents and public
Flexible, creative, well-organized
Strong analytical and problem-solving skills
Must be able and willing to travel to all company locations to carry out duties and responsibilities
Experience working with diverse groups, i.e., staff, residents, outside contacts
Commitment to the companies' goals and philosophy
Company
Rocky Mountain Communities
Rocky Mountain Communities provides holistic, resident-focused affordable housing that empowers individuals and families to thrive.
51-200 employees
Funding
Current Stage
Growth StageLeadership Team
Dontae Latson
President/Chief Executive Officer
Mark S. Marshall
President/Chief Executive Officer
Company data provided by crunchbase