Project Manager
Xenolith Partners LLC, an established woman-owned real estate development company with a focus in affordable housing, has an exceptional opportunity for a Project Manager to help plan, underwrite, and execute complex residential/mixed-use development projects in New York and Connecticut amid an informal yet intense entrepreneurial environment.
Duties and Responsibilities:
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- Assist on multiple projects in different phases under the supervision of a Lead Project Manager
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- Assist in assembling and managing a multidisciplinary development team (internal and external) from deal inception to stabilization.
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- Review zoning studies and other due diligence to evaluate project feasibility.
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- Assist in the design, predevelopment activities, and all requisite due diligence required to close on construction financing and commence construction.
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- Assist in responses to city, state, and private RFP’s for development sites.
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- Strategize and obtain entitlements (e.g., manage ULURP, meet with government and community stakeholders, etc.).
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- Assist in the review and negotiation of complex project documents with partners, lenders, and government entities.
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- Assist with the development and management of project proformas, including predevelopment budgets, underwriting assumptions, and project expenses.
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- Maintain in-depth focus on project feasibility, budget, and schedule.
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- Complete applications and documentation necessary for debt and equity financing, and government subsidy requests.
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- Assist with the initiation of the marketing process and oversee the lease up and stabilization of new buildings.
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- Assist with the conversion of projects to permanent financing upon construction completion.
Preferred Background and Skills:
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- 1-3 years of real estate experience, specifically in the New York metro area. Affordable housing experience preferred.
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- Self-motivated and proactive with an established track record of getting things done effectively and independently. Capacity to create/sustain project momentum over months and years.
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- Ability to travel regionally for occasional early morning or evening meetings.
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- A team player, able to work in an entrepreneurial environment and balance multiple priorities and deadlines.
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- Very strong financial modeling and quantitative skills (expertise in Excel is required).
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- Excellent interpersonal and communication skills (oral & written).
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- Strong organizational skills and attention to detail.
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- Strong working knowledge of New York neighborhoods.
Education:
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- Bachelor’s Degree or Master’s Degree in Business, Urban Planning, Real Estate, Finance, Architecture, Engineering or other relevant field.
Salary Range: $80,000-100,000
Please email your cover letter and resume to: terri@xenolithpartners.com