Job Description

Responsibilities Related Ross is seeking a Vice President of Development of Workforce and Affordable Housing to join the team in West Palm Beach, FL. This Vice President will be responsible for sourcing and project managing all aspects of the acquisition and development process of affordable housing properties in South Florida, from initial deal sourcing and underwriting through closing and then stabilization. They will havethe overall responsibility for sourcing, structuring, underwriting, negotiating, closing, rehabilitating, stabilizing, and then asset managing the projects assigned to him or her. Responsibilities include: Utilize their existing local industry relationships to develop a robust pipeline of acquisition opportunities as part of an overall business development strategy. Serve as the Deal Team Leader in all aspects of the acquisition process when opportunities are identified. Negotiate accretive transactions with investors, brokers, property managers, industry consultants, and other third parties. Evaluate and synthesize due diligence information including financial, market, demographic, site, federal, and state regulatory data. Devise the most accretive capital structures on a deal-by-deal basis using the financing tools unique to affordable housing. Oversee contract negotiation and review of legal documentation for equity and loan agreements, purchase and sale contracts, and ownership structures. Have direct oversight of Associates and Analysts whose primary responsibilities include review and completion of applications and due diligence documentation necessary for debt and equity financing, property purchase and sale, government subsidies, and rental contract maintenance. Validate and defend budgets, assumptions, and pro-forma analysis, including the identification of problems inherent to a given project. Ensure the long-term viability of each acquisition and serve as key contact/problem-solver throughout the entire post-acquisition lifecycle of each acquisition. Keep abreast of industry offerings and updates. Expand the company’s affordable holdings in the South Florida region. Identify off-market opportunities and partnerships. Qualifications Minimum of 10 years’ relevant experience in workforce or affordable residential development. Prior experience dealing with Florida Housing Finance Corporation, with an emphasis on prior experience in Palm Beach County. Demonstrates an understanding of federal, state, county, and city programs, subsidies, and incentives available to workforce and affordable developments. Proven skill in maximizing the operating and financial performance of acquisition and development projects. Strong financial acumen. Strong project management skills, results-driven, adaptable with ability to manage multiple priorities and meet deadlines. Must be a team player, but also a self-starter that can perform with limited direction. Complex thinker of very high intelligence. Strategic thinker with a keen understanding of value creation. Creative and innovative problem-solver. Naturally thinks and acts like an owner. Superior interpersonal skills: Ease in working with people up and down the organization hierarchy. Naturally adaptive to different audiences. Diplomatically assertive. Strong sense of integrity and ethics. Values entrepreneurialism. Demonstrates strong intellectual curiosity; always seeking new approaches and challenging the organization to new levels of success. Excellent written and verbal and communication skills. Undergraduate degree required. Benefits Personalized Health Care : Multiple medical, dental, and vision plan options; Employee Assistance Program Financial Benefits: Competitive salary and incentive packages; matching 401(k); FSAs and HSA; employer-paid life and AD&D insurance; paid leave & disability programs Social Wellness: 19+ days of PTO; mental health counseling & resources; fertility, surrogacy, and adoption assistance; volunteer days and donation matching Career Development : Learning & training programs; tuition & certification reimbursement; internal advancement opportunities We are proud to be an equal opportunity employer and are deliberate about the team and culture we are building. We aim to ensure competitive total compensation that is commensurate with experience, workplace geography, and market standards. For information about how we use your personal information, including information submitted for career opportunities, please review our Privacy Policy at .

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Overview Related Ross is transforming urban life in West Palm Beach and Palm Beach County, creating opportunity for all who live and work here. For over two decades, the company has worked to develop dynamic neighborhoods that are innovative, vibrant and inclusive. With completed, in development and planned properties in West Palm Beach and new development activity emerging in Palm Beach County, Related Ross is making long-term investments to transform and support local communities and build growth in the region. Related Ross is a West Palm Beach-based organization that recently emerged as an independent entity from within Related Companies. Formed in 1972, Related Companies is the most prominent privately-owned real estate firm in the United States with major developments within a premier portfolio valued over $70 billion across Boston, Chicago, San Francisco, LA, Washington DC and London. Related Ross believes in investing in its talent and cultivates a positive, team-oriented environment where every voice is valued. Employees are encouraged to boldly take on new challenges, transcend the status quo, and demonstrate a strong entrepreneurial spirit. In its relentless commitment to excellence, Related Ross works to foster an innovative approach in its team members so that they can positively impact the communities in which they conduct business. Learn more about Related Ross at #J-18808-Ljbffr RELATED

Job Tags

Contract work, Local area,

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