Development Senior Project Manager

L+M Development Partners an established real estate development company with a focus in affordable housing has an exceptional opportunity for an experienced Project Manager to plan, underwrite, and execute complex residential/mixed-use development projects amid an informal yet intense entrepreneurial environment.

Duties and Responsibilities:

• Lead multiple projects in different phases under the supervision of a Managing Director. 
• Assemble and manage a multidisciplinary development team (internal and external) from inception to stabilization.
• Review zoning studies and other due diligence to evaluate project feasibility.
• Lead the design, predevelopment activities, and all requisite due diligence required to close on construction financing and commence construction
• Respond to city, state, and private RFP’s for development sites.
• Strategize and obtain entitlements (e.g. manage ULURP, meet with government and community stakeholders, etc.)
• Negotiate complex project documents with partners, lenders, government entities.
• Maintain in-depth focus on project feasibility, budget, and schedule.
• Complete applications and documentation necessary for debt and equity financing, and government subsidy requests.
• Develop and manage project proformas, including predevelopment budgets, underwriting assumptions, and track project expenses.
• Initiate the marketing process and oversee the lease up and stabilization of new buildings.
• Convert projects to permanent financing upon construction completion.

Preferred Background and Skills:

• 3-5 years of real estate development experience, specifically with affordable housing preservation or new construction in the New York metro area.
• Self-motivated and proactive with an established track record of getting things done effectively and independently.   Capacity to create/sustain project momentum over months and years.
• A team player, able to work in an entrepreneurial environment and balance multiple priorities and deadlines.
• Very strong financial modeling and quantitative skills (expertise in Excel is required).
• Excellent interpersonal and communication skills (oral & written).
• Strong organizational skills and attention to detail.
• Strong working knowledge of New York neighborhoods.
• Experience with City and State-sponsored housing programs (e.g. ELLA, Mix and Match, SHOP)

Education:

• Master’s Degree in Business, Urban Planning, Real Estate, Finance, Architecture, Engineering or other relevant field.  Will consider bachelors degree with experience.