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Real Estate Project Manager

Company: City of Bridges Community Land Trust
Location: Philadelphia
Posted on: November 22, 2021

Job Description:

Job Description: Real Estate Project ManagerReports to: Executive DirectorCompany Overview: City of Bridges Community Land Trust (CBCLT) is committed to equitable, sustainable, and permanently affordable development. The mission of CBCLT is to build community ownership that preserves permanent affordability, empowers individuals, and ensures responsible growth and stewardship. We envision diverse communities where people thrive, build wealth, establish roots, and foster community ties without risk of displacement. As we undertake this important work, we will strive to live our shared values of sustainability, equity, and inclusion and build an effective organizational model for the delivery and stewardship of permanently affordable space.Position Overview: The Real Estate Project Manager works with other Real Estate department staff and consultants and the Executive Director to implement the CBCLT Real Estate Development Strategy, with the ambitious goal of developing 100 permanently affordable homes in the next 5 years. Working closely and collegially with the Executive Director and Senior Project Manager, the Real Estate Project Manager oversees the day-to-day management of innovative and complex real estate development projects from concept to execution. ESSENTIAL DUTIES & RESPONSIBILITIES Real Estate Project Management:

  • Manage development of new construction, acquisition and rehab, affordable rental, and commercial CLT units
  • Develop RFPs for all design and construction projects and oversee bidding and procurement process
  • Manage predevelopment and construction contracts'
  • Coordinate project team meetings during predevelopment and construction
  • Develop appropriate project budgets, proformas and timelines. Ensure projects are adhering organizational standards, budget, and timeline
  • Monitor compliance and oversee reporting for all public and private funder requirements, including M/WBE, Prevailing Wage, Section III, etc.
  • Identify future development opportunities and conduct feasibility assessments of potential projects including coordinating acquisition and closing processes
  • Develop and implement a Property Management & Maintenance Protocol for all lots and structures held for future CLT development and the CLT rental portfolio
  • Build and sustain partnerships to secure new and ongoing sources for acquisition, predevelopment, and development subsidy
  • Work with Real Estate Department staff to prepare and submit funding proposals, applications, and reports for acquisition, predevelopment, and development subsidyPartner and Community Engagement:
    • Develop and maintain partnerships with public and private funders, lenders, real estate industry partners, non-profit and private developers, etc. with other Real Estate Department members
    • Facilitate community engagement around development projects
    • Proactively address community feedbackAdministration and Operations:
      • Implement Real Estate Department policies, procedures, systems, and mechanisms to track and report progress and outcomes
      • Attend required staff, committee and board meetings; assist with the taking of minutes, preparing of reports, and setting of agendas.
      • Maintain organizational records, files, and database
      • Assist other staff members with day-to-day office administration
      • Other related duties as assignedEXPERIENCE & ABILITIES
        • Three or more years of experience in real estate development, construction workeragement, or a related field.
        • Experience with various public funding programs (i.e., AHP, HOME, CDBG, PHARE, etc.)
        • Prior real estate project management experience preferred
        • Prior real estate development experience, specifically in the Pittsburgh region a plus
        • Strong organizational skills with a keen attention to detail
        • Demonstrated analytic, conceptual, planning, problem solving and implementation skills
        • Ability to communicate effectively and professionally, both orally and in writing
        • Ability to exercise sound judgment concerning budget expenditures; funder, community and political relationships; partnership arrangements with local organizations
        • Ability to work independently and collaboratively in a small, non-profit environment
        • Positive and professional attitude; strong work ethic
        • Proficiency in MS Office suite required, experience with GIS and/or Salesforce a plus
        • Reliable transportation to travel to/from job sites
        • Flexible working hours, including the ability to occasionally work on evenings and weekends as necessarySalary & BenefitsThis is a full-time exempt position and reports to the Director of Real Estate. The salary range is $48,000+ commensurate with experience. City of Bridges CLT offers comprehensive employee benefits, including medical, dental, and vision insurance for staff and family members, retirement plan contribution, and generous paid time off.__ * * City of Bridges is an equal opportunity employer, committed to hiring and supporting a diverse workforce. Qualified individuals who bring diverse perspectives and represent marginalized communities are especially encouraged to apply. Additional Information About CBCLT: CBCLT was incorporated in October 2019. To date CBCLT has overseen nearly $6,000,000 of single-family housing development, created 14 permanently affordable homes, and created homeownership opportunities for 16 low and moderate-income first-time homeowners. Additionally, CBCLT has projects in predevelopment that would create 38 permanently affordable homes over the next 18 months in 9 different communities.Job Type: Full-timePay: From $48,000.00 per yearBenefits:
          • Dental insurance
          • Health insurance
          • Paid time off
          • Retirement plan
          • Vision insuranceSchedule:
            • Monday to Friday
            • On call
            • WeekendsApplication Question(s):
              • Please confirm your salary expectations.Education:
                • High school or equivalent (Required)Experience:
                  • real estate development or related field: 3 years (Required)
                  • read, interpret and follow blueprints: 1 year (Preferred)
                  • various funding programs (AHP, HOME, CDBG, PHARE, etc.): 3 years (Required)
                  • local zoning, permitting, and entitlement process: 1 year (Preferred)
                  • real estate project management: 1 year (Required)
                  • construction management: 1 year (Required)
                  • advocate against discrimination and displacement: 1 year (Required)Work Location:
                    • One locationWork Remotely:
                      • Temporarily due to COVID-19

Keywords: City of Bridges Community Land Trust, Philadelphia , Real Estate Project Manager, Executive , Philadelphia, Pennsylvania

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