Development Manager

Real8 Group, Inc. is a national executive search firm serving the real estate industry. We are a dedicated team of experienced recruiting experts with a proven track record of filling virtually every type of real estate position. Our areas of expertise include property management, accounting, construction, acquisitions, asset management, development, finance, human resources, marketing and training. To learn more about Real8 Group, please visit our website at Available: Development Manager (Affordable Housing)Location: Northern, VAThe Development Manager is responsible for overseeing the development of affordable housing projects from inception to completion. This role involves managing feasibility studies, securing financing, coordinating with stakeholders, and ensuring that projects comply with local, state, and federal regulations. Additional responsibilities include but not limited to:Prepare and update of project proformasPrepare funding applications to local, state, and federal agenciesAssist with closing, including organizing and facilitating the distribution of due diligence and signature packages, managing closing draws and draft settlement statementsclosing drawsWork with the constructionaccounting team preparing construction draw documentation and monitors construction itiate and manage third party reports, such as appraisals, market studies, and environmental assessmentsCompany Info: Established 15+ years ago, company is an owner, manager, and developer of affordable, multifamily housing across the US. They currently manage a portfolio approaching 10,000 units with another 3,000 units in the development pipeline. The company has a great mission, team and culture and they are committed to providing quality affordable housing and community renewal initiatives.Key Requirements:Bachelor's degree in Business Administration, Finance, Real Estate, or related field.5 years of experience in real estate development, with exposure to private and public debt financing.Experience with low-income housing tax credit is a plus.High degree of independence, motivation, and accountability.Able to work with time sensitive material and meet multiple deadlines. Exceptional organizational, analytical, and written and verbal communication skills, and a high capacity to multi-task are prerequisites. Excellent interpersonal skills are a must. Ability to work with a team.Skilled with MS Office Suite and recognize that detail-oriented tasks are critical to a business' long-term success.

Created: 2025-02-21