Director of Development
$180k - $225kRedpath Partners
Job Description
Development Director (Ground-Up Multifamily & Affordable Housing)
\nNew York, NY
\n \nA growing real estate development platform is seeking a Development Director to help lead the acquisition, capitalization, development, and execution of a portfolio of mixed-income and affordable housing projects throughout New York State.
\n \nThis is an opportunity to join a lean, entrepreneurial team where you'll work directly with senior leadership and play a meaningful role in shaping projects from initial sourcing through stabilization and delivery.
\n \nKey Responsibilities
\n- \n
- Identify, evaluate, and execute new multifamily and affordable housing development opportunities. \n
- Lead projects through the full development lifecycle, including acquisition, underwriting, capitalization, entitlements, design, financing, construction oversight, and disposition or stabilization. \n
- Build and maintain complex financial models and development pro formas. \n
- Coordinate with public agencies, lenders, equity partners, consultants, contractors, and community stakeholders. \n
- Support project financing efforts, including conventional, affordable, and public-private funding structures. \n
- Oversee project execution to ensure delivery on schedule and within budget. \n
Ideal Candidate
\n- \n
- 6-11 years of real estate development experience in Affordable Housing, Multifamily, or mixed-income housing. \n
- Demonstrated cradle-to-grave development experience across ground-up residential projects. \n
- Strong financial modeling, underwriting, and capitalization capabilities. Candidates must be comfortable completing an underwriting case study to assess their technical ability to create and update models. \n
- Experience managing multiple projects simultaneously. \n
- Affordable housing, LIHTC, tax-exempt bond, or public financing experience is highly desirable. \n
- Candidates with a strong market-rate multifamily development background will also be considered. \n
- An entrepreneurial mindset with a desire to take ownership of projects and drive decisions. \n
Compensation
\n$180,000 - $225,000 base + bonus + benefits. The opportunity to take part in LTIP/upside will also be an opportunity in time.
Vacancy posted 25 days ago
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