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About the Role
The Project Manager is responsible for managing all phases of real estate development for multiple new construction and substantial rehabilitation projects, including due diligence, financial feasibility analysis, predevelopment, construction, lease-up, project completion and close-out, and transition to Property Management and Asset Management. The role requires strong organizational and communication skills and the ability to work efficiently in a collaborative, fast-paced environment while managing multiple deadlines.
Responsibilities
- Manage a portfolio of projects in various phases of development including feasibility and due diligence, planning and entitlement approvals, financing, design and construction, completion and lease-up, closeout and transition to property and asset management.
- Evaluate project feasibility through coordination of physical, market, and financial due diligence activities, and initial pro forma analysis.
- Solicit bids from consultants and contractors, evaluate proposals, coordinate selection of the design team, and negotiate contract terms and fees/pricing.
- Strategize and manage specialist teams and outreach programs to obtain required entitlement and design approvals and build public support.
- Finalize project programmatic requirements with input from asset and property management, resident services and other stakeholders.
- Manage the design and construction team from initial scoping, schematic design, and design development through construction, lease-up, stabilization and close-out.
- Coordinate physical and financial project issues with Property Management and Asset Management.
- Create and maintain detailed project pro formas and reports and manage project budgets throughout the development process.
- Prepare funding applications for local, state, and federal funding, including tax credits and tax-exempt bonds; manage lender and investor selection process.
- Work with the supervisor to obtain all debt, equity, and soft sources of financing; finalize loan documents and partnership terms working with internal and external legal counsels.
- Manage real estate and finance transactions, including site and property acquisitions, construction and permanent loan closings, and tax credit equity syndications.
- Work closely with project consultants and contractors to continuously manage project schedule and total development costs throughout the development process to ensure project financial feasibility and cost control.
- Supervise and mentor a Project Associate or Associate Project Manager.
- Communicate with the supervisor regularly to convey project status and address issues.
- Uphold a high quality of development in accordance with BRIDGE’s commitment to the long-term physical, financial, and operational health of its properties, the viability and strength of its portfolio, and the quality of homes for its residents.
Requirements
- Bachelor’s degree in real estate, construction, architecture, urban planning, business, or a related field.
- Minimum of three years of experience in related fields.
- Effective prioritization and organizational skills.
- Strong leadership and interpersonal skills, with the ability to build relationships and manage and motivate internal and external teams.
- Ability to work both independently and collaboratively in cross-functional teams.
- Excellent analytical, verbal and written communication skills.
- Ability to work efficiently to meet multiple deadlines and work in a fast-paced environment.
- Graduate degree in a related field.
- Experience taking several developments from conception through completion.
- Experience in the development of complex housing projects.
- Proven affordable housing finance expertise.
- Experience with energy-efficient, sustainable, and green building practices.
- Northern California real estate experience.
- Valid California driver’s license.
Skills
- Organizational skills
- Communication skills
- Collaboration
- Time management
- Prioritization
- Leadership
- Interpersonal skills
- Relationship building
- Team management
- Independent work
- Cross-functional team collaboration
- Analytical skills
- Verbal communication
- Written communication
- Fast-paced environment adaptability
- Real estate development
- Financial feasibility analysis
- Due diligence
- Predevelopment
- Construction management
- Lease-up management
- Project close-out
- Property transition
- Asset management transition
- Pro forma analysis
- Consultant and contractor bid solicitation
- Contract negotiation
- Entitlement approvals
- Design approvals
- Public outreach
- Programmatic requirements finalization
- Schematic design
- Design development
- Construction management
- Lease-up
- Stabilization
- Project budget management
- Funding application preparation
- Tax credit financing
- Tax-exempt bond financing
- Lender selection
- Investor selection
- Debt financing
- Equity financing
- Soft source financing
- Loan document finalization
- Partnership term finalization
- Real estate transactions
- Property acquisitions
- Construction loan closings
- Permanent loan closings
- Tax credit equity syndications
- Project schedule management
- Total development cost management
- Cost control
- Mentoring
- Quality control
- Affordable housing finance
- Sustainable building practices
- Green building practices
Location
- San Francisco, CA
Work Type
- Hybrid
- Occasional evenings
- Travel as needed
Experience Level
- Minimum of three years of experience
- Experience taking several developments from conception through completion
Education Level
- Bachelor’s degree in real estate, construction, architecture, urban planning, business, or a related field.
- Graduate degree in a related field.
About the Company
- BRIDGE Housing is an Equal Opportunity Employer committed to fostering an inclusive environment for our diverse workforce.
Equal Opportunity
- We do not discriminate on the basis of race, religion, color, national origin, gender identity, sexual orientation, age, marital status, veteran status, or disability.
- Pursuant to the California Fair Chance Act, we will consider qualified applicants with arrest records.
- BRIDGE qualifies the contents of all information candidates provide in their resume and any offer of employment is contingent upon (a) a criminal background check, (b) verification of all information provided, including past employment, correct hire and separation dates, education, degree, or other credentials, and (c) three satisfactory employment references.
- In the case of application involves fraud or misrepresentation, BRIDGE may in its discretion rescind the job offer.
- Nothing in this policy changes the at-will nature of employment, and BRIDGE may withdraw an offer of employment or terminate the employment relationship at any time, with or without reason.