Business Development Manager (8912 - REM)**Hybrid Remote Position** jobs in United States
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EAH Housing · 1 week ago

Business Development Manager (8912 - REM)**Hybrid Remote Position**

EAH Housing is a nonprofit organization focused on real estate development and management, aiming to empower individuals through affordable housing solutions. The Business Development Manager will be responsible for identifying and acquiring new properties and management contracts, ensuring alignment with the organization’s expansion goals while maintaining positive relationships with stakeholders.

Building MaterialReal Estate

Responsibilities

Identifies and evaluates potentially viable opportunities in alignment with EAH’s expansion goals
Performs all basic due diligence work on potential opportunities deemed generally viable for acquisition purposes. Due diligence review includes but is not limited to reviewing publicly available litigation information regarding the asset, preliminary title reports, evaluating infrastructure with Facilities Teams, reviewing status of the entity’s affordable housing compliance with internal Compliance teams, conduct comprehensive review of property financials, operational and compliance risks. Analyzes property financial statements, rent rolls, budgets and historical performance to verify accuracy and profitability. Reviews management agreements and vendor/service contracts to identify obligations, expirations, and potential liability. Reviews all licenses and insurance certificates
Compiles comprehensive deal analysis packages, assesses risk associated with any management acquisition in conjunction with VP, REM, and Director of REM, and prepares and presents acquisition summaries and risk assessments to senior leadership for approval
Facilitates dialogue with EAH department heads and REM Leadership to finalize decision on new business opportunities. Ensures stakeholders are aware of potential risks and benefits of the project and are fully aware of the terms of the proposed acquisition
In coordination with supervisor and Senior REM Leadership, creates an acquisition strategy and timeline
Working with REM Senior Leadership and General Counsel, assists with establishing and negotiating memorandums of understanding, letters of intent, or other tools to determine terms and formalize relationships with partners but will not have signature authority
Once approval is obtained, works with Director, REM Operations, in planning and implementing acquisition strategies to obtain stakeholder and enterprise-wide support and buy-in for proposed acquisition
Monitors key performance dates under agreements once a site is under contract to purchase
Meets with REM Senior Leadership Team on a regular basis to coordinate all acquisition activities
Works with and supports other EAH departments by utilizing effective lines of communication for exchange of information necessary during the process of acquiring business
Maintains positive working relationships with lenders, public agencies, community service groups, and other important contacts. Serves as relationship manager for current clients/customers
Regularly reviews current fee management business (annually or at management contract renewal) and recommends changes, as needed. Conducts regular discussions with REM Senior Leadership regarding fee management properties in their portfolios
Working with Senior REM Leadership and EAH General Counsel, flags contract provisions that are less favorable to EAH with the goal of negotiating better terms consistent with EAH’s goals to the extent possible
Meets regularly with fee managed owners/clients. Serves as liaison between Owners and REM Senior Leadership for issues or concerns that are brought to attention. Works towards solutions that are mutually beneficial to EAH and Owners
Pursues new business with existing clients/customers and new opportunities. Ensures that Owner recognition gifts are sent out annually
Serves as organizational representative to housing organizations, public agencies, financial institutions, and community meetings, as needed
Actively promotes business development awareness with EAH staff, including motivating staff to bring in new business opportunities through contests, etc. to increase marketing efforts
Travels as needed to meet these duties
Attends mandatory meetings and trainings
Actively participates in EAH’s Injury and Illness Prevention Plan
Regular and predictable attendance
Other duties as assigned

Qualification

Real Estate DevelopmentProperty ManagementAcquisition StrategiesFinancial AnalysisNegotiation SkillsCommunication SkillsTeam CollaborationProblem Solving

Required

Bachelor's degree in any of the following fields of study: architecture, real estate development, real estate management, finance, planning, or construction management
Education in other fields of study would be acceptable combined with appropriate work experience
3-5 years of related work or field work experience in matters related to property management, affordable housing, and/or acquisition of property management contracts

Benefits

Medical, dental, vision, disability and life insurance
403(b) retirement plan with a 5% match
Generous vacation accrual
Holiday schedule
Work schedule flexibility
15 days of vacation per year (which increases based on years of service)
10 paid sick days per year
12 paid holidays
Flexible Start Times (REM Onsite Positions)
Employee Wellness Program
Comprehensive Medical Insurance Plans
Affordable Dental & Vision Insurance
Flexible Spending Account
EAP – Mental Health, Financial and Legal Services
$1,500 Employee Referral Program
EAH University, an in-house training program

Company

EAH Housing

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EAH Housing is a non-profit housing corporation which develops, manages affordable housing and thriving communities.

Funding

Current Stage
Late Stage
Total Funding
$7.5M
Key Investors
Community Development Financial Institutions Fund
2023-10-17Grant· $7.5M

Leadership Team

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Karim Sultan
VP of Operations and Corporate Governance
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Katherine Fleming
Chief Portfolio Officer
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Company data provided by crunchbase