Nevada HAND, Inc · 11 hours ago
Real Estate Development Project Manager
Corporate Office, Las Vegas, NV, US
Full-time
Onsite
Mid Level
3+ years expNevada HAND, Inc is focused on affordable housing development, and they are seeking a Real Estate Development Project Manager to assist with the execution and financing of real estate developments. This role involves overseeing the completion of tasks related to financial closing and securing tax credits for investor partners, alongside minor oversight of construction management and design.
Assisted LivingProperty DevelopmentProperty ManagementReal Estate
Responsibilities
Review sites for potential land purchase and development of new construction, or existing multi-family housing complexes for potential acquisition
Create and maintain and refine complex financial proformas in Microsoft Excel for affordable multifamily housing developments
Structure and model various financing scenarios involving Low-Income Housing Tax Credits (LIHTC), tax-exempt bonds, and various affordable housing funding programs
Prepare feasibility analysis responding to project criteria, including needs, population served, financial feasibility, and community plan as needed
Prepare competitive LIHTC and tax-exempt bond application submittals, additional subsidy requests, and lender applications
As part of initial due diligence, assist with compilation and presentation of information for all future development projects to include competitive applications for tax-exempt bonds, LIHTC, HOME funds, HUD, grants and other affordable housing finance programs as well as Requests for Proposals for land and other opportunities
Ensure completion of all tasks necessary to obtain approvals related to development projects, including submission of required documents
Maintain official records and documents, and ensure compliance with federal, state, and local regulations and reporting requirements
Compile industry, market and competitor research and analysis
Maintain extensive knowledge of current affordable housing trends, issues and financing sources both in Southern Nevada and nationally
Review and recommend revisions to legal documents and third-party reports as part of the due diligence/closing process for acquisitions, development and financing
Coordinate with legal counsel to review legal documents, including partnership agreements, loan documents, and regulatory covenants
Create, manage, and refine checklists to ensure timely and smooth financial closings
Participate in strategic planning efforts for the Real Estate Development department
Ensure that an effective flow of information is maintained for all projects
Maintain project Smartsheet for assigned projects
Be a resource to RE Development team on technical issues surrounding development projects at various stages of completion
Contribute to various other miscellaneous projects as needed
Coordinate specific work tasks with other personnel within the department as well as with other departments in order to ensure the smooth and accurate flow of work and information
Perform tasks which are supportive in nature to the essential functions of the job, but which may be altered or re-designed upon individual circumstances
Qualification
Required
Bachelor's degree or a professional certificate in Finance, Real Estate or business-related field
Minimum 3 years of experience in real estate, community development, finance or similar field that requires extensive financial analysis with a mastery of Microsoft Excel-based financial modeling, specifically the ability to build a proforma from scratch
Must have excellent written and verbal communication skills
Must have extensive knowledge of Microsoft Office software (Excel, Word, and PowerPoint)
Must have ability to work independently and with others and have the ability to organize and prioritize tasks and to work closely with all Nevada HAND departments and stakeholders
Ability to handle multiple projects at different points of the project cycle
Highly developed verbal and written communication skills
Ability to read, write and speak in English
Proficient reading, writing, grammar and mathematical skills
Ability to multitask and prioritize multiple projects
Ability to make recommendations on problems/decisions that arise based on the information available
Ability to create written memos, graphic presentations, and oral presentations
Stooping - frequently bending body downward and forward by bending spine at the waist, requiring full use of the lower extremities and back muscles
Kneeling - frequently bending legs at knees to come to rest on knee or knees
Reaching - frequently extending hand(s) or arm(s) in any direction
Handling - frequently seizing, holding, grasping, turning, or otherwise working with hand or hands
Ability to transport files up to approximately 20 pounds
Ability to lift files up to 20 pounds from the ground level to 4 feet in height, and move them from shelf to shelf in storage
Walking- moving about on foot to accomplish tasks, particularly walking the property
Regularly required to use hand-to-finger, handle, or feel, reach with hands and arms, and talk or hear using telephone, computer keyboard, mouse and calculator while seated at a desk
Able to sit at desk for extended periods of time
Specific vision abilities required by this job include close vision, depth perception and ability to adjust focus
Light work: Exerting up to 20 pounds of force occasionally, and/or up to 10 pounds of force frequently, and/or a negligible amount of force constantly to move objects
Preferred
MBA or Master's Degree in real estate, finance, or business-related field studies
Company
Nevada HAND, Inc
Nevada HAND is a mission-driven 501(c)(3) nonprofit corporation founded in 1993 and dedicated to the development, management, and preservation of affordable housing.
201-500 employees
Funding
Current Stage
Growth StageLeadership Team
Audra Hamernik
President and CEO
Mike Mullin
CEO
Company data provided by crunchbase