What are the responsibilities and job description for the RE Project Manager position at Self-Help?
We are seeking a Project Manager to join our Asheville, Charlotte, or Durham,
North Carolina Real Estate team !
Under limited supervision of the Director of Business Development & Project Management, the Project Manager - Real Estate will lead all phases of the commercial and residential real estate development process at Self-Help. This position will carry out this role by performing a wide variety of project management tasks as needed by the team, such as performing market research, creating financial pro formas, conducting due diligence, coordinating with community partners, closing financing, and working on other tasks related to project predevelopment, development, and asset management. The Project Manager - Real Estate will play a lead role on most of their projects and a supporting role on some, and he / she will be a key member of the Real Estate team's project management staff. This position provides significant autonomy so requires a highly motivated, independent worker who is both an individual contributor and a project team leader accustomed to working effectively facilitating groups of professionals.
WHAT You'll DO :
- Actively participate in identifying and evaluating potential properties for acquisition, including project idea conceptualization for both commercial and residential real estate.
- Perform detailed site analysis, including studying site constraints, zoning and entitlement requirements, and producing back of the envelope financial models.
- Develop complex pro formas that often utilize layered financing, including sources such as New Markets Tax Credits, Historic Tax Credits, Low Income Housing Tax Credits, and more.
- Perform market research to analyze project economics and verify assumptions used in pro forma models.
- Actively manage the property acquisition due diligence and closing process, including coordinating with third parties such as surveyors, attorneys, and environmental consultants.
- Research existing community planning documents and participate in community groups and neighborhood discussions to listen, learn, and build long-term individual and organizational relationships.
- Coordinate internal project team meetings, which typically include construction managers, leasing staff, and other Self-Help staff.
- Over time, build relationships with community members and stakeholders, including neighborhood leaders, property owners, government staff, and elected officials.
- Assist with the preparation and presentation of investment memoranda to secure Self-Help and third-party financing.
- Review and comment on legal documents such as leases, loan agreements, and other financing documents.
- Actively support the process of closing financing, including managing checklists, reviewing key documents, analyzing financial projections, and coordinating with financing partners.
- Work closely with external design and construction teams, alongside construction management colleagues.
- Monitor development budgets and project timelines.
- Communicate clearly and consistently with development partners, including tenants, community members, and more.
- Assist with leasing and other activities needed to complete and stabilize development projects.
- Assist with internal and external reporting requirements for projects underway and post completion.
- Assist with other asset management tasks as needed in coordination with colleagues.
- Act as a change agent to drive Self-Help's economic inclusion initiatives by integrating supplier diversity and the use of businesses owned by women and people of color in third party contracting and vendor management for relevant products and services.
- Participate in other special projects as needed, in order to support the Real Estate team.
- Help informally mentor newer and / or younger project management staff.
- Manage project management interns as needed.
WHAT You'll NEED :
If you are interested in who we are and what we do; have a strong desire to work in an organization that places a high priority on teamwork and collaboration; and are interested in working to help create economic opportunity for all - THIS is the place for you! "Click the "apply now" button to apply!"
Compensation :
Competitive nonprofit compensation, based on experience, plus a generous benefits package.
Self-Help is committed to providing equal employment opportunities to all persons, regardless of race, religion, religious creed, color, national origin, ancestry, physical disability, mental disability, medical condition, genetic information, marital status,
