Real Estate Development Specialist
New Jersey Community Development Corporation (NJCDC)

NJCDC is seeking a qualified candidate for the position of Real Estate Development Specialist.  The Real Estate Development Specialist will be the organization’s lead person in the construction and rehabilitation of affordable, special needs, and mixed-income housing, as well as mixed-used developments to include office and retail space

Key Responsibilities

• Analyze the real estate market to identify development opportunities/potential sites for development and implement acquisition plans.
• Develop mutually-beneficial partnerships with private developers and other local non-profit institutions.
• Develop project concepts and perform feasibility analyses.
• Create and manage project budgets and timelines.
• Undertake, oversee, and complete all required predevelopment work.
• Secure permanent and construction financing including applications for conventional financing, or through municipal, state, and federal housing programs.
• Assemble and coordinate the project development team to ensure quality assurance and adherence to project timelines.
  
• Oversee day-to-day activities during construction including troubleshooting, managing the requisition process as well as regular site inspections
  
• Develop project related marketing plans and manage the rent-up/sales process
  
• Meet with stakeholders concerning projects.
  
• Design and manage from conception to implementation any special projects assigned.
  
• Perform miscellaneous job-related duties as assigned.
  
• Provide staff support on specific functional or organization-wide responsibilities.
  

Qualifications

• Minimum BA in relevant field with experience in property acquisition and development, preferably involving tax credit and other assisted housing projects.
  
• Experience in managing projects from acquisition through to completion, including community approvals and public/private financial structuring.
  
• Knowledge of real estate market essential and Real Estate Broker's License a plus.
  
• Ability to develop and maintain strong professional relationships with key internal and external executives and organizations.
• Ability to exercise sound judgment concerning expenditures, site acquisition, architectural and construction contract negotiation, community and political relationships, partnership arrangements with private developers, and project financing using state and municipal affordable housing and economic development financing programs.
  
• Demonstrated analytic, conceptual, and planning skills.
  
• Mastery of Excel and Word software. Knowledge of project planning software a plus.
  
• Excellent interpersonal, verbal, and written communication skills.
• High level of commitment to, and enthusiasm for, promotion of NJCDC’s mission.
  
• Ability and enthusiasm for working with staff at all levels of the organization in a collaborative team.
  

Compensation
Compensation is highly competitive depending on experience. Full benefits provided, including medical, dental, paid vacation etc.

If Interested In Applying For This Position
Email your résumé with a thoughtful cover letter outlining your interest, skills, and experience to Jim Brown at box4005@yahoo.com.  Please put “Real Estate Position” in the subject line of the email.