The Annex Group · 3 months ago
Director of Development - Entitlement, Design and Closings
Fishers,IN,US
Full-time
Onsite
Lead/Staff, Director/Executive
5+ years expThe Annex Group is dedicated to making a positive impact in communities and is looking for a Director of Development to oversee multifamily development projects. This role involves managing the full development lifecycle, from site identification to project handover, while collaborating with various stakeholders and ensuring adherence to community and funding commitments.
Building MaintenanceConstructionHome ServicesReal Estate
Responsibilities
Assist with RFQ/RFP responses, as necessary
Assist in the drafting and negotiation of the Letter of Intent and make recommendation(s) to VP of Development to determine terms of transaction
Collaborate with counsel on negotiation of Letters of Intent, Purchase and Sale Agreement, or other site control documentation
Meet with local planning and permitting officials and to attend public hearings and neighborhood meetings
Identify and engage municipal officials and strategic local partners to ensure project support
Obtain proposals for all due diligence vendors for each project and make recommendation(s) to the team
Assist in the presentation of prospective projects to the Investment Committee for approval
Assist in submission of LIHTC applications and applications for other funding sources
Collaborate and monitor design and engineering to ensure plans meet commitments to the community, funding sources, and TAG design standards
Work with Pre-construction and Property management through development, closing, and post-closing issues to ensure projects fulfill their commitments
Lead Development Operations for the full entitlement of approximately four to six development projects per year
Assist Finance team with closing related documentation
Follow-up and resolve any post-closing items, including requirements related to 8609
Manage a Development Associate for your team
Qualification
Required
Bachelor's degree from an accredited institution in business administration, economics, finance, or real estate
A minimum five (5) years of relevant real estate development experience managing full-cycle processes associated with multifamily housing
Ability to effectively communicate (oral and written) with both internal and external customers
Be a proficient communicator and listener
Working knowledge of email and MS Office software programs necessary
Ability to understand and analyze financial reports
Ability to use computer software/hardware to prepare and present financial, economic and other data from project proformas and other analytical reports
Ability to understand and navigate architectural, civil and construction plan drawings
Ability and willingness to effectively use other job-related technology tools
Frequent walking, standing, sitting within the work area
Driving to/from locations for business-related purposes
Must be willing to travel as required (up to 20%)
The work environment is that of a fast-paced office with minimal to high noise levels
This position requires working independently as well as part of a team
This position requires verbal and face-to-face contact with others daily
Frequent use of a computer is necessary as well as all general office equipment
At times while on site this position will be exposed to routine job site hazards and thus appropriate safety precautions will need to be adhered to in strict accordance to OSHA
Preferred
Three (3) years LIHTC development experience preferred
Company
The Annex Group
The Annex Group® is a leading impact housing developer that creates market-rate, workforce, affordable and student housing communities.
51-200 employees
Funding
Current Stage
Growth StageLeadership Team
Kyle Bach
Chief Executive Officer
Sam Hurley
Chief Financial Officer
Company data provided by crunchbase