Enterprise Community Partners · 1 month ago
Real Estate Development, Associate Director
LBETH1 Bethesda
Full-time
Hybrid
Senior Level, Lead/Staff
$115K/yr - $135K/yr
5+ years expEnterprise Community Partners is a national nonprofit dedicated to making home possible for families in need. The Real Estate Development, Associate Director will manage the entire development process, including feasibility analysis, acquisition, design, financing, and construction, while collaborating with various teams and stakeholders.
CharityCommunitiesGovernmentNon Profit
Responsibilities
Analyze potential properties to purchase, including producing proformas and creating written project documents, coordinate due diligence activities, analyze the rental sub-market, and generally support the VP/Director
Work with team members to prepare responses to requests for proposals and solicitations for bids by collaborating on the creative concept, analyzing the economics and financing structure and preparing proposal materials
Manage preparation of debt and equity financing applications for each assigned development
Prepare development budgets and pro forma operating budgets and manage the development budget throughout the development process to ensure balanced sources and uses, and achievement of ECD revenue goals
Coordinate and present at resident and community meetings
Manage the entitlement/zoning and permitting processes, and related community input and approval processes Review and negotiate draft loan and partnership documents and manage the financial closing on each assigned development. Coordinate with federal, state and local government agencies, ensuring that all financing and government regulations are met and required approvals obtained
Manage and maintain development schedules to ensure timely completion of development milestones including closing
Coordinate the work of the professional consultants comprising the development team, schedule development team meetings and review consultant reports
Work closely with ECD or third-party design and construction management staff (as applicable), third-party design professionals and general contractors to generate and refine development plans to produce high quality communities that are both responsive to the needs of our residents and communities and are financially feasible. Gather and integrate recommendations of asset management and property management staff
Perform site visits as needed
Coordinate construction matters with the internal and/or third-party construction manager (as applicable) to complete construction on budget and schedule. Attend construction progress meetings. Review and approve development-related invoices and draws, including change orders
Monitor marketing lease-up process to meet or exceed lease-up goals
Oversee timely completion of close-out process
Prepare quarterly updates and Board approval materials
Participate in industry associations and forums as brand ambassadors for ECD
Perform all other duties as assigned
Qualification
Required
Bachelor's degree required
Five to seven (5-7 years of multifamily development experience
Experience with all aspects of the real estate development process, from acquisition and financing through design and construction to stabilization
Experience managing developments under deadlines that required the organizing of multiple tasks and objectives
Applicant must have skills and experience in negotiating acquisitions and financing commitments
Proficiency with Word and Excel is required
Good decision-making skills, judgment and ability to solve problems
Ability to work in a hybrid environment
Ability to take initiative and with confidence
Preferred
MBA/MS, MURP/MCP or similar preferred
At least three plus years of affordable rental housing development experience preferred
Experience with complex, multi-layered real estate financing, preferably with the Federal Low Income Housing Tax Credit Program and affordable housing loan products
Knowledge of land use, public financing and real estate development regulations
Applicant must be comfortable with public speaking and community presentations
Proficiency with MS Project and PowerPoint is preferred
Benefits
Annual performance bonuses
Generous paid leave programs
Dental, health, and vision care plans
Family-building benefits, such as adoption and surrogacy support
Flexible work arrangements
Health advocacy
EAP
Mental health benefits
Financial education
Wellness programs
Auto-enrollment in the company's 401(k) plan with employer matching contributions
Learning and development opportunities, including tuition reimbursement for job-related courses and certifications
Company
Enterprise Community Partners
Enterprise Community Partners is a national nonprofit that exists to make a good home possible for the millions of families without one.
1001-5000 employees
Funding
Current Stage
Late StageTotal Funding
$4.72MKey Investors
Truist FoundationCommunity Development Financial Institutions Fund
2025-01-14Grant· $0.01M
2024-02-14Grant
2024-02-07Grant· $1M
Leadership Team
Drew Warshaw
Chief Operating Officer
Judi Kende
Senior Vice President & Chief Program Officer of Solutions
Recent News
2025-12-12
MarketScreener
2025-12-03
The Real Deal
2025-10-24
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