L+M Development Partners LLC

Development Project Manager

12 days ago

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Duties and Responsibilities:

Lead one or two projects in different phases under the supervision of a senior development team member .
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.
Respond to city and state RFPs for development sites.
Strategize and obtain entitlements (e.g. manage ULURP, meet with government and community stakeholders, etc.)
Participate in design, predevelopment activities, and all requisite due diligence required to close on construction financing and commence construction
Assist in the negotiation ofcomplex 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.
Support the development 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 completion.

Preferred Background and Skills:

At least two 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.