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BRIDGE Housing Corporation · 17 hours ago

Project Manager

San Diego, CA

Full-time

Onsite

Mid Level

3+ years exp

BRIDGE Housing Corporation is focused on developing affordable housing solutions, and they are seeking a Project Manager to oversee the development process from site acquisition to construction completion. The role involves managing project feasibility, planning approvals, design, construction, and financial aspects to ensure successful project delivery.

Asset ManagementProperty ManagementReal Estate

Responsibilities

Under direction of the Director of Development, working with the Business Development team or with the Senior Vice President of Development for RFP, identify and test feasibility of potential development opportunities through coordination of physical and financial due diligence activities (entitlement probability, financial and market analysis, initial product identification, overseeing CEQA/EIR environmental studies, architectural, engineering and land use studies, etc.)

In coordination with Capital Markets team, maintain current knowledge of BRIDGE debt and equity underwriting standards as well as state and local gap funding standards

Represent BRIDGE, as assigned by the Director, with lenders, investors, contractors, city officials, brokers, peers, and others

Work with supervisor and other divisions within the company to gain approval with Internal Project Committee reports for acquisition, initial development concepts and funding of initial feasibility and subsequent activities

Ensure proper coordination with property managers and other departments and resources within BRIDGE to assure compliance with underwriting and development goals

Manage team of consultants and process of obtaining required planning approvals

Coordinate with Asset department, Resident Services, and Property Management to ensure that programmatic issues with respect to maintenance, operations and provision of services are adequately addressed

Coordinate company resources to ensure political support of the project, including:

Managing and overseeing the entitlement process, including representation, as assigned, before municipal and other regulatory boards, working with land use attorneys, land planners, architects, engineers and other consultants, and local officials

Managing community outreach programs to build support for the development program

Contracting and management of the design development team responsible for design conceptualization and programming

Working as an asset team member and leader with other company disciplines

Working closely with the General Contractor and with the property management group during marketing and lease-up through stabilized occupancy

Manage the design and construction team to ensure a financially and operationally viable development in a timely and cost efficient manner

Coordinate with accounting to manage construction draw process and maintain lender/investor relationships

Prepare and maintain regular progress reports tracking construction milestones, budgets, and key deliverables

Create and maintain up-to-date pro forma that accurately reflect the project budget and financing plan. Work with financial consultant

Obtain financing for completion of the development, including preparation of applications for state and local financing

Manage project costs and budget throughout the development process

Obtain formal approval of budget prior to implementation, including those that require expenditure of BRIDGE internal resources

Ensure long term viability by budgeting adequate reserves and operating expenses in consultation with Asset department and property management

Ensure the protection of BRIDGE’s assets and resources through conservative assumptions and clear documentation of loan and partnership terms

Maintain consistency with BRIDGE design and construction standards, to ensure the highest quality development that reinforces BRIDGE’s commitment to long term viability and contextual design

Treat all members of the BRIDGE team with respect and consideration

Preserve BRIDGE’s existing relationships and build new ones through professional conduct with outside entities

Collaborate with other members of the division and the company on special initiatives that will continue to keep BRIDGE at the forefront of the industry

As assigned, potentially supervise Project Administrator to maximize own ability to drive the direction of projects

Qualification

Real estate developmentFinancial expertiseProject managementCommunity outreachSite planningTeam managementMS OfficeValid CA driver’s licenseAcademic background

Required

3 to 5 years of experience in real estate development, including affordable and multifamily/attached residential experience

Strong academic background with a college degree

Three or more years of on-the-job experience in the development of complex projects such as urban and transportation-oriented multifamily housing

Experience in conceptualizing, site planning, and programming multifamily developments

Proven experience in all phases of the new construction development process from site control through entitlement, design, construction, lease-up, and stabilization

Ability to develop and execute community outreach programs, maintain relationships with civic leaders to build awareness and support for proposed development projects

Proven real estate finance expertise in rental and low-income housing tax credits

Ability to manipulate project pro forma and articulate the case for a specific project

Experience managing internal and external teams on development projects

Ability to work with time sensitive material and meet multiple deadlines

Proficiency in MS Office

Valid CA driver's license

Preferred

MBA or equivalent degree in business, real estate, architecture, planning, or finance

Strong knowledge of market dynamics and real estate values in Northern California market

Experience taking several projects through the entire development process

Company

BRIDGE Housing Corporation

BRIDGE Housing Corporation, a leading nonprofit developer of affordable homes, creates and manages a range of high-quality, affordable homes for working families and seniors.

Founded in 1983

San Francisco, California, USA

201-500 employees