Manager of Project Development

Job Summary

M&S is recruiting for a qualified and experienced Manager of Project Development to manage all aspects of real estate development projects.  The Manager will be involved in all phases of real estate development, including site recommendations/selection/control, feasibility, predevelopment, construction management, as well as marketing and rent-up.  This position will serve as a primary point person with clients, exemplifying M&S’ commitment to excellence in service, communication, collaboration and performance..

Essential Functions

  • Support initial project sourcing and due diligence
  • Build or support Project Associate in building detailed financial models
  • Utilize specialized software to build and manage detailed project schedules
  • Lead all project development tasks including:
    • Site alternatives analysis, as necessary
    • Early-stage project feasibility (design and proforma)
    • Engage and manage all third-party consultants
    • Public funding eligibility analysis
    • Environmental assessments
    • Research and document relevant economic impact metrics
    • Negotiation of site control
    • Coordination of all design services and project permitting needs
    • Preparation of all funding application (grants, tax credits, loans, etc.)
    • Financial closing process
    • Construction contract administration
    • Lease-up support, tenant recruitment, and fit-up coordination
    • Collaboration and coordination with asset management team to ensure successful handoff
  • Research policy, incentives, construction code, tax law, etc. for various markets to support project funding
  • Support funding solicitations including tax credit, grant, and debt applications
  • Identify and implement alternatives and mitigation strategies to balance project cost and impact
  • Work with Marketing team to ensure development of appropriate project collateral and public relations support
  • Lead community outreach and other stakeholder management activities
  • Manage project contracts, schedules, budgets, payments, etc. and keep senior management apprised of progress and challenges
  • Ensure the clean execution and timely delivery of client deliverables

Requirements/Skills

Education and Professional Experience

  • BA/BS in economics, finance, real estate, or related area of study required
  • Advanced degree in relevant area of study highly desirable

Technical Skills

  • Knowledge of real estate development process, asset valuation, financing; experience with tax credit programs such as NMTC, LIHTC, HTC, etc.
  • Project management skills including a strong aptitude for managing and prioritizing multiple people, projects and deadlines
  • Proficiency in Microsoft Office, specifically Excel, and ability to read and comprehend financial models

Personal Skills

  • Personal passion for and commitment to the enduring vitality of historic New England buildings and communities
  • Action and results oriented; driven to ensure project success on client’s behalf
  • Deep curiosity and creativity, and a drive to solve problems and improve and simplify designs, systems, and processes
  • Ability to adapt to quickly changing environments, make decisions on the fly, and serve in many roles as part of a nimble and innovative team
  • Excellent written and verbal communication skills, responsive and timely communicator with clients, stakeholders, and team members
  • Ability to multi‐task, prioritize and maintain a high level of organization in a dynamic environment
  • Professional demeanor and conduct, exercises good judgment and represents the firm with integrity

If you are looking for long-term career growth, professional responsibility, and meaningful employment within a fun, energetic, and diverse organization that values its people tremendously, we hope you will consider joining our team.  Please email your cover letter, resume, and a detailed list of your project development experience to: hiring@stevens-assoc.com and include “Manager of Project Development” in the subject heading.

M&S Development offers a competitive salary commensurate with the level of experience, as well as a comprehensive benefits package. We are a Veteran-owned company and an equal opportunity employer.

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