Chief Real Estate Development Officer
Description

The Chief Real Estate Development Officer furthers missional impact by overseeing real estate efforts of the organization ensuring the Dwelling Place is creating affordable housing while advancing its mission to provide quality built environments. Plays an active role in strategic initiatives, focusing on the implementation and improvement of real estate efforts. Fosters a thriving organizational culture that promotes empathy and accountability among the staff, while also nurturing and expanding community partnerships in key areas. Serves as a prominent leader of the organization internally and externally. Plays a vital role in advancing real estate development strategies by actively engaging in the following responsibilities either directly or by overseeing others.


Essential Duties and Responsibilities include the following and other duties as assigned:

  • Strategic Planning: Develop and implement a comprehensive real estate development strategy aligned with the strategic plan of creating both multifamily rental and single-family for-sale housing. Including assessing potential opportunities for property acquisition and development, and considering factors such as community needs, funding availability, and regulatory requirements.
  • Property Acquisition and Development: Lead the identification, evaluation, and negotiation of property acquisitions for affordable housing projects. Coordinate and oversee the development process, including feasibility studies, financial modeling, design, permitting, and construction activities while ensuring compliance with all applicable laws, regulations, and funding requirements throughout the development process.
  • Funding and Financial Management: Lead efforts to secure funding for real estate development projects through grants, loans, tax credits, and other financing mechanisms including developing and managing project budgets, monitoring expenses, and ensuring financial accountability. This work requires leveraging public and private partnerships to maximize resources and achieve project goals.
  • Stakeholder Management: Establish and maintain relationships with government agencies, financial institutions, community organizations, and other stakeholders to support collaboration and project success. Representing the organization in meetings, conferences, and public forums to advocate for affordable housing initiatives and promote the organization's mission.
  • Team Leadership and Management: Provide effective leadership and mentorship to a team of real estate development professionals, setting performance goals, monitoring progress, and providing feedback to ensure high-quality work and professional growth while fostering a collaborative and inclusive work environment that promotes teamwork, innovation, and continuous improvement.
Requirements
  • Supervisory Responsibilities Oversees Multifamily Development, Single Family Development (CLT), Facilities, and Asset Management Departments. Carries out supervisory responsibilities in accordance with the organization's policies and applicable laws. Responsibilities include interviewing, hiring, and training employees; planning, assigning, and directing work; appraising performance; rewarding and disciplining employees; addressing complaints and resolving problems.
  • Qualifications To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
  • Education Bachelor’s degree in a relevant subject (Master’s Preferred), such as Real Estate Development, Urban Planning, or Business Administration. Educational qualifications may be waived depending on work history.
  • Experience and Understanding Ten or more years of related experience and/or training in affordable housing. A minimum of 5 years in a senior leadership position is required. Experience in developing budgets and business plans. In-depth knowledge of real estate finance, project management, and affordable housing regulations and funding programs with a demonstrated passion for affordable housing and a deep understanding of the challenges and opportunities in the field.
  • Commitment Skills Sets high standards of performance; pursues aggressive goals and works hard/smart to achieve them; strives for results and success; conveys a sense of urgency and brings issues to closure and is adept at multitasking while maintaining accountability for complete and timely work performance. Demonstrates strong organizational, project management, and problem-solving skills with a proven track record of successful real estate development projects, preferably in the affordable housing sector.
  • Communication Skills Excellent negotiation, communication, and interpersonal skills to build and maintain relationships with diverse stakeholders.
  • Language Skills Ability to read, analyze, and interpret the most complex documents. Ability to respond effectively to the most sensitive inquiries or complaints. Ability to write speeches and articles using original or innovative techniques or styles. Ability to make effective and persuasive speeches and presentations on controversial or complex topics to top management, public groups, and/or boards of directors. Bilingual (fluent in Spanish) is preferred.
  • Finance Ability Strong financial acumen and ability to analyze complex financial models and investment structures.
  • Reasoning Ability to solve practical problems and deal with a variety of concrete variables in situations where only limited standardization exists. Ability to interpret a variety of instructions furnished in written, oral, diagram, or schedule form.
  • Computer Skills To perform this job successfully, an individual should have knowledge of Property Management Software; Database software; Internet software; CRM Software, Adobe Software, and Microsoft Suite Software.
  • Professional Licenses, Certificates, and Registrations Valid Michigan Driver’s License; Project Management Certification; Michigan Real Estate License; Michigan Broker License preferred; LIHTC Certification.
  • Other Skills and Abilities Masterful organizational and leadership skills, backed by previous professional success and demonstrated ability to navigate complex regulatory environments and maintain compliance with applicable laws and regulations.
  • Other Qualifications Must be willing to work occasional evenings and weekends as needed to complete the requirements of the position. Must be able to travel as required for the position.
  • Physical Demands The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

 Benefits

· Medical Insurance

· Dental Insurance

· Vision Insurance

· Group Term Life Insurance

· Long-Term Disability Insurance

· Voluntary Pet Insurance

· Voluntary Life Insurance to include spouse and children

· Enrolled in 403(b)-Retirement account, company match up to 5% available per plan document

· Access to the Employee Assistance Center

· Eligibility for Medical and Dependent Care Flexible Spending Accounts

· 11 Paid Holidays per Year

· Paid Parental Leave

· Sick Time Accrual (Up to 80 hours annually)

· Increasing Vacation Time Accrual

· Personal Time (Up to 3 days annually)

· Job Training

Salary Description
$103,571 to $133,640