What are the responsibilities and job description for the ACRUVA Community Developers | Associate Development Manager position at ACRUVA Community Developers?
Associate Development Manager
ACRUVA Capital Partners (“ACRUVA”) is seeking an Associate Development Manager to join our team working from our Deerfield Beach, FL or San Juan, Puerto Rico office. ACRUVA is expanding its Affordable Housing multifamily portfolio through development of new multifamily communities throughout Florida and Commonwealth of Puerto Rico. The Development Associate plays a pivotal role in the organization’s mission to provide high-quality affordable housing for special needs populations. This position is an integral member of the Development Team and will work on all aspects of the development process at the direction of the Vice President of Development and in concert with the Finance and Acquisitions teams. The ideal candidate has 2-3 years of affordable housing development experience combined with academic background in real estate and development.
Key Responsibilities
- Assist senior development staff throughout the project development process, including project management organization, feasibility analysis, financing applications, due diligence, vendor procurement, permits and entitlements, construction and closing coordination.
- Research land development and zoning codes, local entitlement and building permit processes and other public approvals.
- Perform project analysis during the pre-development phase (i.e. rent / income rates and trends, construction cost, operating expenses, occupancy rates, utility provider and allowance information, etc.)
- Assist in developing and refining project budgets and critical path timelines.
- Solicit and assess proposals for various professional deliverables, including but not limited to, Architect and General Contractor RFQ / RFPs, surveys, geotechnical reports, market studies, appraisals, environmental reports, specialty engineering contracts, etc.
- Coordinate and complete due diligence items and manage closing checklists with various financial partners on assigned developments.
- Coordinate project reporting and update project tracking software and various databases.
- Regular calls and communication with vendors, contractors and banks to obtain adequate information as source documentation for audit records. Provides supporting documentation for financial audits and other financial reviews as needed.
- Cost Certifications : Support cost accountant and auditors in preparing cost certifications for new or rehabilitated housing projects and assist with funder financial reporting requests.
Requirements
Education & Experience :
Skills & Attributes :
Mindsets
Work Location : Position is in Deerfield Beach, Florida.
Benefits : Full Benefits
Schedule : 5-day work week. Position is Full-Time / Exempt status.
Compensation : Company provides competitive salary (based on experience)
Equal Opportunity Statement ACRUVA Capital Partners LLC is committed to fostering an inclusive and welcoming environment. We do not discriminate based on race, color, religion, gender, age, national origin, disability, marital status, sexual orientation, military status, or any other characteristic protected by law.