Casa Systems, Inc. · 1 week ago
Real Estate Developer
Raleigh, NC
Full-time
Onsite
Mid, Senior Level
4+ years expCASA’s Real Estate Development Team initiates, oversees, and delivers high-quality apartments for individuals and families in need of safe, stable housing. The Real Estate Developer will be responsible for evaluating new development opportunities, securing financing, advocating for public funding, and overseeing the planning and implementation of affordable housing projects.
ISPVideoWeb Hosting
Responsibilities
Initiates and evaluates new development opportunities, including analyzing potential project sites and negotiating acquisitions
Negotiates and secures financing for acquisition and new construction, analyzing funding options such as Low Income Housing Tax Credits (LIHTC), federal, state and local government funding opportunities, bank financing, and private foundation grants
Advocates for public funding, including writing, reviewing and submitting funding applications, answering questions at public hearings, meeting and communicating with elected officials, etc
Advocates for approvals, entitlements and policy changes necessary to complete real estate development activities including annexation, rezoning, variances, bond funding, housing legislation, etc. Accomplishes the above through developing strategy, hiring consultants as needed and representing CASA to obtain
Prepares forward-looking financial projections for real estate portfolio and makes recommendations for retention or disposition of existing assets
Oversees and ensures timely and accurate completion of the full range of tasks related to the planning, implementation, and development of affordable housing projects
Creates and implements development and financing plans, schedules and proformas, and continuously analyzes and reconciles budgets and schedules as development progresses
Reviews all legal documents required for asset acquisitions and dispositions, loan closings, and legal contracts. Coordinates loan closings. Comprehends and complies with federal, state and local regulations, and program compliance
Initiates, plans, and oversees procurement process for selecting consultants and contractors and oversees work of consultants, contractors and, vendors
Monitors progress of projects under development for cash requirements, budget variances, and completion status. Gathers data and provides oversight for accountants preparing cost certifications for new projects
Undertakes responsibility for administrative duties as needed including document preparation, filing and storage, compliance, reporting, and other duties as needed
Communicates and coordinates with Property Management Department staff to ensure funding compliance requirements are met
Communicates, coordinates and collaborates with cross-departmental teams including Fund Development and Programs & Partnerships staff to plan and deliver a spectrum of funding sources to support the varied needs of permanent supportive housing (operating support, supportive services funding, etc.)
Acts as a representative for CASA before public agencies and community organizations, takes a leadership role in CASA's advocacy activity, and participates in community engagement and policy creation affecting affordable housing
Supports chief financial officer, chief executive officer, and chief operating officer as needed
Qualification
Required
Excellent problem-solving skills, resiliency, curiosity and creativity
Strong attention to and retention of detail and strong organizational skills
Strong leadership skills; ability to inspire a team to achieve collective goals
Ability to work independently, meet deadlines, and manage outcomes in a mission driven organization
Must foster relationships with elected officials, financial partners, professional advisors, and contractors
Knowledge of housing and community development policy and best practices
Excellent verbal, written, financial analysis, and project management skills
Ability to communicate with public officials and regulatory agency staff representing CASA's interest in a professional and persuasive manner
Ability to work with mathematical concepts such as probability and statistical inference, and fundamentals of plane and solid geometry and trigonometry
Ability to apply concepts such as fractions, percentages, ratios, and proportions to practical situations
Ability to define problems, collect data, establish facts, and draw valid conclusions
Ability to interpret an extensive variety of technical instructions in mathematical or diagram form and deal with several abstract and concrete variables
To perform this job successfully, an individual should have knowledge of Microsoft Office components and be familiar with other communications and database applications
Bachelor's degree (B.A./B.S.) from four-year college or university; and four to six years related experience and/or training
Direct experience developing affordable multi-family housing, both new construction and renovation; experience undertaking development using LIHTC preferred
Direct experience securing financing for affordable multi-family housing projects of at least $1 million
Valid driver's license
Technical knowledge of and significant and varied experience with standard affordable housing tools, policies, laws, and financing practices by which affordable housing is developed, which includes Housing First principles, ADA compliance, zoning and land use controls, HOME, CDBG, LIHTC, Section 3, Davis Bacon, Uniform Relocation Act, NEPA Environmental Review, non-traditional loan structures, and real estate loan documents
Interest in and passion for affordable housing
Preferred
Knowledge/experience with permanent supportive housing models, trauma-informed housing best practices, supportive service delivery preferred
Company
Casa Systems, Inc.
Casa Systems is pioneering advanced ultra-broadband 5G solutions for mobile, cable, fixed and converged service providers.
501-1000 employees
H1B Sponsorship
Casa Systems, Inc. has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2024 (6)
2023 (6)
2022 (23)
2021 (16)
2020 (24)
Funding
Current Stage
Public CompanyTotal Funding
$139.61MKey Investors
VerizonSummit Partners
2022-04-18Post Ipo Equity· $40M
2017-12-14IPO
2010-05-10Series A· $96.46M
Leadership Team
Michael Glickman
Chief Executive Officer
Hongbiao Zhang
Architect, CTO Office
Recent News
Fierce Network
2025-10-28
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