Director Of Real Estate Development - Sacramento Vacancy In Eden Housing Inc.

Summary:
The position of Director of Real Estate Development, Sacramento Region has been in the planning stages for the past 2 years. This is a senior level role within the organization, responsible for building teams to develop and manage large-scale affordable housing projects. The position will lead a team in sourcing, originating, coordinating and implementing all aspects of the development process.
Projects may include new construction, acquisition and rehabilitation, portfolio syndication, inclusionary, and joint ventures with other developers. The position will also have responsibilities for leading and administering assigned aspects of management of the Real Estate Development (RED) Department, coordinating assigned aspects of RED’s coordination and cooperation with other Eden departments, and contributing to Eden organizational improvement. The position will cultivate and sustain a strong working partnership with all Eden Departments (Finance Accounting and Asset Management; Property Management, Facilities and Resident Services; Strategy and Infrastructure; Policy, Advocacy and Communications). This position will directly supervise at least one employee in the Real Estate Development Department.
Essential Duties & Responsibilities:

Duties & Responsibilities

  • Establish a presence in the region - meet with elected officials, staff from various cities and other key stakeholders to create a relationship and introduce Eden and our work to the region.
  • Identifying and evaluating potential new project sites and
  • Negotiating acquisition
  • Assist with strategic planning, including identification of new program acidity
  • Conducting preliminary feasibility analyses and organizing critical community
  • Researching and securing sources of predevelopment, construction and permanent financing from public and private sources.
  • Working with public agency staff to assure timely public review and approval including environmental and other entitlement reviews.
  • Coordinating environmental review and local agency
  • Negotiating contracts with contractors, engineers and
  • Preparing and managing project budgets, cash flow projections and project schedules.
  • Overseeing design and construction management to accommodate special-user needs, project budget, timelines, and lender/investor requirements.
  • Making public presentations on behalf of Eden at external project and policy
  • Assisting the Vice President with hiring and orientation of new development staff.
  • Providing coaching, mentoring, training and technical support for team
  • Working with Eden Housing Resident Services to identify feasibility of on-site service programs and identifying potential funding
  • Partnering with Eden Housing Management and community groups to facilitate affirmative marketing and smooth transition to
  • Preparing reports and grant applications and presenting before public bodies and community
  • Leading team responses to RFQ’s and RFP’s.

Knowledge, Skills & Abilities

  • Experience or background in all aspects of affordable housing project development from acquisition through construction completion, lease up, stabilization, perm loan conversion, and close
  • Advanced knowledge and experience with local, state and federal housing financing programs; including HCD programs, local county programs, AHP, HOME, CDBG, Low Income Housing Tax Credits, and Tax-Exempt
  • Advanced knowledge of the state and local entitlement and public approvals processes and/or advanced knowledge of the unique financial structuring issues when re-syndicating portfolio
  • Proven ability to direct multi-department activities; lead by example; formulate and execute company-wide goals and objectives and assess performance towards goals.
  • Familiarity with and sensitivity to the needs of economically disadvantaged
  • Experience working with diverse stakeholder groups (staff, residents, vendors, government officials, lenders ) to foster collaboration and build consensus.
  • Demonstrated leadership skills with an emphasis on supervising, coaching and mentoring
  • Collaborative work style with strong team building
  • Minimum of 3 years of team management/supervisory
  • Ability to conduct financial feasibility analysis and budget
  • Effective oral and written communication, interpersonal and conflict-resolution skills
  • Effective public presentation
  • Ability to work in and lead project teams and to work with a wide variety of individuals.
  • Excellent organizational and problem-solving

Travel & Schedule Requirements

  • Candidates must have flexibility to travel throughout Eden’s portfolio, and attend evening and weekend meetings as required.
Qualifications:

Education & Experience

  • Bachelor’s Degree (BA/BS) required, Master’s Degree (MA/MS) preferred, in Business, Planning or related
  • 10 years of related professional experience and/or training; or an equivalent combination of education and

Other Required Skills, Abilities & Qualifications

  • Knowledge of and interest in affordable housing development and
  • Ability to prioritize and work independently on a wide variety of
  • Excellent communication (verbal and written), decision-making, interpersonal, negotiation, conflict resolution and time management skills.
  • Ability to work under pressure and successfully meet
  • Ability to communicate and interface professionally and sensitively to staff, board, residents and
  • Flexible, creative, well-organized.
  • Ability to handle shifting and multiple priorities in a fast paced, growth

Eden Housing is an equal opportunity employer. Eden Housing does not discriminate based on race, color, religion, sex, disability, familiar status, national origin, or any other arbitrary basis.

Hiring Organization / Company: Eden Housing Inc.
Basic Salary: To Be Discussed
Employement Type: Full-Time

Job Location Information:
City: West Sacramento
State: Ca
Country: Us
Location: West Sacramento, Ca 95691

Date Posted: 2021-04-07
Job Listing No# : 51814


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Tips on how to become successful in a career in real estate

Real estate has proven to be one of the most lucrative businesses to engage in today. This is because of the recent demand for properties by leasing, renting, and buying, which has seen prices drop and rise at the same time. Becoming successful in real estate is a dream come true once you have gone to school for it and worked hard. Real estate has several career opportunities for you, such as agents, advocates, brokers, property managers, and auctioneers. Success, however, will come with some challenges that you have to embrace and keep pushing. How you take these challenges will determine your success, and thus you ought to stay positive and keep pushing.

Success can be quite demanding due to lots of pressure from both your peers and yourself. However, it should be something you are excited about, especially how venturing into real estate is beautiful. You will have the opportunity to work with creative minds, clients who are enthusiastic about buying and selling property, and networking with those who are ahead of you. The article is here to guide you on how to do it and embrace each step to your success in real estate. How do you do it? Here are ten tips for a successful career in real estate:

1. Passion defines it all

Doing something you are in love with and passionate about will always result in dedication and commitment, which return determines your success. Do not jump into real estate if you are not excited about it because you will have no direction or zeal to keep going. Once you are passionate about real estate, you will never complain along the way of issues, but instead, you will have every reason to overcome because you are in love with what you are doing. Passion will give you a sense of drive because you not only have what it takes to succeed but also yearn for it.

2. Make the internet your first love

The internet has an excellent opportunity for you if you want to be successful in real estate. There is lots of information on it that you can use to learn about what others are doing and market yourself in the real estate industry, which is highly competitive. It would help if you did lots of research on what others are offering in the market in terms of price, trends, and structural creativity. Self-marketing to gain popularity is also crucial for you to be successful. Do it aggressively through the various online platforms you dispose of, such as creating social media pages, websites, and a blog to promote what you are doing.

3. Patience

Starting your career in real estate and expecting success in the first few months or years is not the best idea for you. You should be patient because if you do so, you may end up frustrated and quit while you are still young at it. Instead, embrace the process and acknowledge that the first few months or years for you will not be easy. You are venturing into real estate for the first time, and thus you have to learn the process. Each step in the process matters a lot in your success, and therefore you have to be ready to learn and gain experience. Most people fail because they want to become rich fast in real estate, not knowing the struggles others went through to get to the heights they now are at.

4. Network

It’s important to know that you cannot make it on your own. Even though you alone can determine your success, you need to work with others to succeed. Networking those in real estate and accompanying sectors will lead to trustworthy and mutually beneficial relationships. You will be working with like-minded people who will help you grow through their experience in real estate. Connect with those who are ahead and your peers also in real estate so that you can learn from them and even exchange ideas on how to get better. Networking will also see to it that you learn what you need to avoid, and thus you become one step ahead since you avoided falling into it. While your network, take only those who will see you through your success along instead of having a pool that may drag you behind.

5. Have a plan

How you begin will determine a lot. It would be best if you had a plan that will guide you through everything you do. A plan gives you a sense of direction because you have laid out your goals and objectives against the actions needed to succeed. Have a plan before you begin that will guide you through each step you will take, and thus you will not dilly dally along the way. Once you accomplish something, tick it against what your plan had stated and the purpose for those not yet achieved. When making your plan, be realistic because if not, you will end up in so much pressure, which is not suitable for you. Define what you want and make sure you can achieve it with healthy strain. Real estate for you should be smooth, and thus your plan needs to match what you are capable of.

6. Think like a business person

It would help if you had an independent and open mind in real estate to be successful. Venturing in it will require you to make strategic decisions due to the factors influencing real estate. You have to be ready for issues such as inflation, rise in demand, client preferences, and many more, which require you to think like a businessman. Your career in real estate in real estate will require you not to be rigid but to have an open mind about things. The decisions you make need to realize growth and not fall short of your success. Real estate is a lucrative business and thus needs a match for it. Your success in real estate in whatever career you are pursuing will require you to think like a businessman rather than an employee.

7. Gain new clients while you retain the ones you have

As soon as you start selling, you need not stay comfortable but stay hungry. This should be by looking for new potential clients aggressively by offering what they need. Clients will always be attracted to what you have installed for them so long as it gives them value for their money. It’s, therefore, your job to satisfy their expectations so that you can have new sales and leases and while doing so, do not forget about those you have. It will be so wrong of you to forget about those paid for your first sales and leases as you only think about new sales. Retaining your previous clients’ connections is essential because they become your brand ambassadors. They will always champion for you and help you through referrals to gain business from potential leads.

8. Get your papers right

Real estate requires lots of paperwork for a successful transaction. Therefore, you should ensure that you have all the documents needed to work in real estate as a career. These documents will include licenses, buyer’s agent agreements, closing disclosure, property deed, and home inspection reports, among many more. Professionalism is required of you for a successful buy or sell in real estate, and one way to guarantee your clients of this is by having your paperwork right. Clients choose you if you are good at what you do. These documents assure them that you are not a quack trying to fraud them off their cash, but you are legitimate and ethical in what you do.

9. Get ready for the competition

You need to know that real estate faces aggressive competition. It’s therefore useful if you expect it and know how to have an edge to it. You should be unique in what you do so that you stand out from the rest and have comparable points. Please do not copy what others are doing because they succeeded. It’s okay to look into what they are doing, but while doing so, look for what they are not offering that can add value to you as a person in real estate. Success in real estate will only be determined by how you face your competitors. Therefore, they should not scare you, but instead, be a basis for you to be better than them.

10. Establish a track record of your experience

Lastly, you need to make people have something they can talk about you. Your track record should be your selling to by the reputation that you have against your peers. Through the experience you have gained over the years, you should aim at getting better every day. Clients will want to see the previous works done on your portfolio or look at reviews on your website. Your track record should speak for itself and guarantee them that they can later attest to not regretting the decision made. Do not rush at selling or leasing what can ruin your reputation but instead mold it to applaud the excellent work you do.

Success in a real estate career is not a one-day affair. It requires you to be the best in what you do and always be ready for challenges. Strive at getting better and take each step as a lesson to your career.