Director of Real Estate Development

West Harlem Group Assistance, Inc.

(New York, New York)
Full Time
Job Posting Details
About West Harlem Group Assistance, Inc.
West Harlem Group Assistance, Inc. (WHGA), a community based development corporation, was established more than 45 years ago to revitalize the under-invested West and Central Harlem communities - riddled with dilapidated and abandoned buildings. Ironically, WHGA's primary function has become to quell the negative impact of such rapid gentrification on our low to moderate income constituency as Harlem, over the past several years, is experiencing an influx of new businesses and investments.
Summary
The Director of Real Estate Development is under the supervision of the Executive Director. This position is responsible for deal structuring, staff supervision of the real estate portfolio and new acquisition of affordable housing. The Director of Real Estate Development has responsibility for supervision of the corporation's housing development projects, and ensures all housing related regulatory compliances.
Responsibilities
* Ensures coordination between community development, construction, finance, legal teams on housing real estate transaction * Supervises the underwriting, development, and implementation of housing real estate portfolio under the orientation of the Executive Director. * Plans project implementation including phasing in activities, public relations, and coordination with other agency divisions * Represents WHGA with the Executive Director to the public and private sector funding agencies, potential clients and economic developmental supporters * Serves as project administrator * Monitors fund expenditures for programs. * Supervises development staff. * Conducts training workshops for development staff or otherwise assure that development staff are appropriately trained for job related tasks. * Develops funding opportunities for the Agency * Understanding and familiarity of NYC rehabilitation, new construction and land use processes and issues * Supervises staff with deal structuring and ensuring that staff meets internal and external deadlines. * Tracks timely delivery of developer fees. * Prepares Zoning Analyses * Underwrites Tax Credit or related deals. * Conducts semi-annual real estate market analyses for fund reporting and grant solicitation. * Attends tracking meetings and manages day to day problem solving for housing portfolio. * Ensures all regulatory and government compliances. * Performs other duties and responsibilities as needed by Executive Director * Responsible for commercial leasing. * Responsible for seeking out new housing development opportunities.
Ideal Candidate
**Qualifications:** * BS degree in Business Administration, Urban Planning or related fields. * 7 years relevant work experience * Demonstrated experience in real estate finance * Extensive experience in real estate underwriting * Excellent writing and verbal skills * Real estate finance certification **Preferred Education and Experience:** * Master’s degree in Business Administration, Finance, Construction Management, Urban Planning or related field. * Real Estate experience in real estate underwriting and seven (7) years of relevant work experience. * Demonstrated experience in real estate finance.
Compensation and Working Conditions
Benefits Benefits included

Additional Notes on Compensation

Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions for the Director of Real Estate Development.

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