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.