Real Estate Development Administrator
Position Summary
The Real Estate Development Administrator is responsible for providing both high-level and detailed administrative oversight to all aspects of property development. This includes developing and maintaining strong professional relationships with funders, other stakeholders, and partners. The Real Estate Development Administrator prepares, processes and maintains accurate records of property development activities. The Real Estate Development Administrator is a member of the Real Estate Development team, working collegially with all team members. The Real Estate Development Administrator reports to the Real Estate Development Director.
Essential Duties and Primary Responsibilities
The Real Estate Development Administrator fulfills the administrative management and support role for the Real Estate Development Department, its processes, and operations.
Develops and maintains a working knowledge of municipality, county, state, and national affordable, workforce, and supportive housing development policies and activities
Develops and maintains a working knowledge of low-income housing tax credit programs; municipality, county, state, and federal funding sources; and related funding application and timeline requirements
Develops and maintains a working knowledge of land use and zoning processes
Develops and maintains strong professional relationships with funding and governmental peers and other partners
Administers efficient pre-development phase of submitting funding applications according to guidelines and deadlines
Assists in the completion of accurate and compelling applications for financing, adhering to funder instructions
Administers construction draw processing duties necessary to ensure the accurate and timely processing of construction loan draws
Ensures projects undergo underwriting and close efficiently and timely, providing all required information and materials promptly and in accordance with funding guidelines and deadlines
Tracks projects and tasks, monitoring applicable deadlines and third party reporting and obtaining required approvals, information, and actions
Completes cost certification promptly as appropriate, securing maximum allowable basis
Maintains documentation necessary to secure sales tax refund as appropriate
Provides Finance Department with pertinent project information for financial management
Ensures timely and accurate submission of all internal and external reports
Communicates with Asset Manager to ensure smooth transition from development to operations, including communicating project specifics and requirements, preparing for lease-up, providing warranty information, maintaining closing documentation files, and transferring information promptly
Administers internal and external reporting processes, ensuring all stakeholders are updated and aware of critical issues
Maintains continuous lines of communication, keeping the Real Estate Development team members informed
Maintains Real Estate Committee records, prepares meeting packets and compiles committee reports
Maintains project files in an orderly manner, facilitating access by other staff members and ensuring historical data is easily accessible for potential projects and other purposes
Performs other duties as assignedQualifications The Real Estate Development Administrator will possess the following education, experience, and competencies:Education
Bachelor's degree, preferably in real estate, business, or finance or equivalent experience.
Experience
Strong project and administrative management experience with proven ability to manage multiple projects proactively and effectively
Real estate development experience preferred
Credit underwriting experience a plus
Construction loan draws administration
Grant application and management experience a plus
Knowledege, Skills, and Abilities
Knowledge and understanding of affordable, workforce, and supportive housing and housing development policies, funding, and activities at local, state, and national levels
Familiarity with low-income housing tax credits, funding sources, land use, and zoning
Strong administrative and project management skills
Strong critical thinking and problem solving skills
Unwavering attention to detail with a results-oriented mindset
Excellent verbal and written communication skills
Ability to balance competing demands, effectively handle shifting priorities, and meet deadlines
Ability to work well independently and within a collaborative team
Ability to read, analyze, and comprehend large government documents
Ability to work with various software platforms including Microsoft Office Suite and project management systems and databases
Ability to work with integrity and ethics
Possesses valid Florida driver's license and own actively insured transportation
Pay: $55,000.00 - $68,000.00 per year
Benefits:
401(k) matching
Dental insurance
Health insurance
Life insurance
Paid time off
Vision insurance
Work Location: In person