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Pennrose · 7 hours ago

Developer

Houston, TX

Full-time

Onsite

Mid Level

4+ years exp

Pennrose is a real estate development company seeking a Developer to lead multi-faceted projects from inception to completion. The role requires strong leadership and financial skills to manage both in-house and external teams effectively while ensuring the successful delivery of projects on time and within budget.

ConstructionProfessional ServicesProperty DevelopmentProperty ManagementReal Estate

Responsibilities

Identification and evaluation of real-estate development opportunities

Determination of the financial feasibility for a viable project

Determination of the suitability of a site

Direct report to Pennrose Properties Chief Financial Officer for predevelopment expenditures expectations, development cash-flow, and development capital requirements

Drafting and finalizing multiple, professional RFPs and RFQs

Establishing strong public private partnerships

Delivery of professional Powerpoint presentations before both large and small groups of financiers, municipalities, and community constituents for the purpose of marketing Pennrose Properties to groups potentially skeptical and occasionally adverse

Development of realistic project budgets

Coordination of efficient land-development approval process

Assembly and leadership of superior development team

Coordination of legal team

Responsibility for all site control documentation, loan agreements, equity documents and partnership agreements

Collaboration with architects and engineers in designing proposed developments

Determination of realistic project schedules

Meeting design, funding and construction deadlines throughout the project

Meeting project budgets

Oversight of contractors and other professionals to build proposed developments

Efficient project management through superior team management

Delivery of on-time, on-budget real estate development projects

Coordination of lease-up of completed development with full flow of information concerning limiting criteria

Management and motivation of in-house development team

Maintenance of calendars

Providing direction for the scheduling and coordinating of the logistics for all development meetings

Balancing the opinions of internal staff with external participants in a timely and diplomatic manner

Demonstrating an understanding of the workload and priorities of all development team members

Keeping the Team Leaders well-informed of all project issues

Qualification

Real estate developmentFinancial analysisProject managementPowerPoint presentationsAnalytical skillsInterpersonal skillsOrganizational skillsJudgmentHUD knowledgeTax credit applicationsMicrosoft OfficeCommunication skillsProblem-solvingAttention to detailWork ethicTeam leadershipConfidentialityTime management

Required

BA or BS required

At least four years of experience as an associate developer or equivalent position

Strong entrepreneurial instincts

Solid analytical skills

Documented well-rounded real estate background

Demonstrated ability to sell an idea through exceptional verbal and written communication skills

Confidence in delivering on-message PowerPoint presentations before possibly contentious groups

Considerable interpersonal skills including the ability to establish and maintain effective working relationships with others; being both responsive and thoughtful

Discretion in handling confidential information

Demonstrated organizational skills, including the ability to set priorities in concert with the development team yet able to work independently

Demonstrated ability to work under pressure exercising sound judgment, prioritizing demands and responding with composure to a fast-paced environment with high-energy leadership

Demonstrated understanding of project proformas for both market-rate and public housing developments

Profound understanding of HUD and Housing Finance agency budget requirements

Experience in filing applications requesting Low Income Housing Tax Credits, Federal Home Loan Bank Affordable Housing Program funds and a multitude of other soft resources

Demonstrated ability to respond to and resolve problems rapidly and efficiently

Proficiency in Outlook, Microsoft Office including Word and Excel

Demonstrated punctuality and respect for other's time

Accuracy – with an attention to detail - and speed in task execution

Strong work ethic and exceptionally high work standards

Maturity, good judgment and professionalism

At least four years experience as an Associate Developer or equivalent position

Requires a valid driver's license, an insured vehicle, and the ability to travel (between properties, on-call emergencies, training, etc.)