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Development Project Manager/Senior Project Manager
LMXD New York, NY
$98k-123k (estimate)
Full Time 1 Week Ago
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LMXD is Hiring a Development Project Manager/Senior Project Manager Near New York, NY

Areas of Responsibility & Job Requirements:
  • Possess expertise in new construction, mixed-income residential development, with experience in development, construction, design and permitting, preferably within NYC.
  • Ability to manage a real estate development project from inception through completion, with guidance (including underwriting, financing and capital raising, coordination of consultants, design, construction and marketing).
  • Ability to perform financial modeling and analysis to evaluate potential investment and acquisition opportunities and structure transactions; perform market research and property-level due diligence.
  • Perform project- and P&L-level financial modeling to evaluate different development scenarios, financing structures and returns for development projects, and assess project viability and risks.
  • Negotiate bank term sheets and documents with assistance, identify and resolve deal point issues.
  • Create budgets and estimate costs in cooperation with subject-matter experts; coordinate budgets and underwriting with agencies, lenders, and equity partners.
  • Support design and construction decisions in close coordination with third-party consultants (i.e., architects, engineers, contractors, etc.), and participate in construction administration.
  • Prepare project- and P&L-level reporting.
  • Perform asset management activities, tracking the performance of completed projects and providing support for refinancings and dispositions.
  • Self-motivated and proactive with an established track record of getting things done effectively, independently and in a timely manner.
  • A team player, able to work in an entrepreneurial environment, balance changing priorities, and meet deadlines.
  • A love for cities and an appreciation for complex civically impactful projects.
Knowledge, Skills, and Abilities:
  • Strong financial modeling skills (Excel)
  • Strong Microsoft PowerPoint & Microsoft Word skills
  • Excellent interpersonal and communication skills (oral and written)
  • Strong organizational skills and attention to detail
  • Interest in being part of a close-knit entrepreneurial group that loves helping to transform cities and neighborhoods in socially positive and impactful manner.
Educational Requirements
  • Graduate degree in Finance, Real Estate, Business, Urban Planning, Engineering or other relevant field is helpful but not essential.
Years of Industry Experience Required:
  • PM: 2-5 years of relevant work experience, including previous experience managing development projects.
  • SPM: 4-7 years

Job Summary

JOB TYPE

Full Time

SALARY

$98k-123k (estimate)

POST DATE

06/22/2024

EXPIRATION DATE

07/20/2024

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