Development Manager - Carlsbad, United States - Chelsea Investment Corp

Chelsea Investment Corp
Chelsea Investment Corp
Verified Company
Carlsbad, United States

3 weeks ago

Mark Lane

Posted by:

Mark Lane

beBee recruiter


Description

Job Ad - Development Manager (based in Salt Lake City, Utah):
About Us

Chelsea Investment Corporation is a California-based leader in the financing and development of affordable housing.

We're a team of experienced professionals that work to identify and implement timely and cost-effective solutions to provide quality homes for thousands of people.

Over the three decades that we've been doing business, we have been consistently recognized as a top developer, as well as received achievements in energy, merit, master planning, and projects.

Additionally, we have identified as one of the fastest growing privately held companies, and our CEO has been named as one of the most influential business leaders.

As you can see - we're passionate about affordable housing AND our people, and we hope you are too We welcome you to join our amazing team.

What You'll Be Doing


As a Development Manager at Chelsea Investment Corporation, you will be responsible for providing turnkey project management while ensuring timely financing, approval, and design of multi-family affordable housing developments.


For this role, please note that you will be required to live and work in or near Salt Lake City, Utah to directly support our locally based projects.

Additionally, your tasks will include, but not be limited to:

  • Managing, coordinating, and completing the identification, entitlement, development, design, financing (including the obtaining and maintenance of tax credits), syndication, construction, lease-up, stabilization, conversion to permanent financing, and regulatory compliance associated with projects assigned
  • Preparing project related budgets and schedules, cash flow projections, deal memorandums, financial forecasts, and strategic plans
  • Developing and fostering effective relationships internally and externally including all third parties (e.g., consultants, public funders and private lenders/equity providers, community organizations, architects, constructions managers, government liaisons, etc.)
  • Managing the due diligence and closing process for complex mixedfinance deals with multiple lenders and governmental stakeholders ensuring no conflicts exists between funding sources
  • Managing the design process to ensure compliance /approval by respective City, State and Federal agencies
  • Facilitating community and public agency support and approval of project plan including zoning, permitting, and financing, as required
  • Analyzing funding and development legislation, regulations, policies, and market, to determine applicability to projects and compatibility with other program requirements
  • Supervising work delegated to Development Analyst and Development Coordinators working with the project team
  • Overseeing and managing leaseup process in conjunction with the Asset Management and Property Management team
  • Identifying new, potential affordable housing projects for the Company
What You'll Need to Perform the Role


You'll use your bachelor's degree and/or graduate degree in business, finance, economics, public administration, community development, planning, or related field, plus ten (10) plus years of development experience with at least three (3) of those years in a leadership role within affordable residential housing with an emphasis on multi-family; a history of leading concurrent project teams through successful affordable multifamily housing developments, extensive knowledge and understanding of affordable multi-family housing developments, and proficiency in Microsoft Office (Word, Excel, and Outlook) to be successful in this role.

You may also have an equivalent combination of education, training, and/or experience from which comparable knowledge, skill, and abilities have been attained.


You'll also need the following attributes:

  • Extremely organized with ingrained ability to prioritize and multi-task in a fast-paced environment
  • Keen attention to detail with focused adherence to strict deadlines and procedures
  • Sound problemsolving skills with demonstrated ability to exercise sound independent judgment
  • High level of integrity and dependability, including handling sensitive and confidential information
  • Teamwork mindset and temperament to work effectively with a diverse group of people
  • Effective ability to communication clearly and concisely, both verbally and in writing
  • Genuine desire to work in the real estate development affordable housing industry
  • Personal accountability and enthusiasm for achieving company goals
What's in it for You

Chelsea's people are at the core of everything we do. We offer meaningful careers, competitive salaries, annual bonus packages, and an energetic office environment.


We take the well-being of our team members seriously; thus, providing an attractive benefits and perks package to meet the needs of all our employees.


This package includes, but is not limited to:

  • Medical (HMO, PPO, HDHP/HSA plans available)
  • Dental (HMO and

More jobs from Chelsea Investment Corp