Sr. Vice President, Development (New York)

Summary:    The SVP is responsible for identifying new development opportunities and providing strategic direction and vision, overseeing all aspects of the New York operations including team mentoring and leadership, project guidance and decision-making and financial oversight.

Key Responsibilities:

• Serve as an articulate, visible and effective spokesperson for the organization and its projects, buildings; enhancing Beacon’s brand and standing in NYS. 

• Lead a team in implementing all aspects of residential real estate development projects.  Projects may consist of acquisitions, rehabilitation and new construction. 

• • Assigns members of the NY development team to specific projects
  • Supervise the negotiation of acquisition, construction and professional service agreements and related contracts
  • Guide and direct decisions regarding project selection criteria and priorities
  • Oversee the design and construction to ensure that project(s) are running in a smooth and cost-effective manner - on time within budget.
  • Review and evaluate preliminary studies and due diligence for prospective and pipeline projects
  • Review and monitor budgets, cashflow projections and project schedules to ensure that financial and production goals are met for the office
  • Oversight of the coordinate environmental studies and review with private or public agencies
  • Oversee the negotiation of all major agreements and financing documents, including limited partnership agreements, loan documents, construction contracts, architectural agreements, and property management agreements

• Oversee overall progress of projects in terms of budgets and timelines
• Train and support real estate development staff to be effective and technically excellent
• Actively direct all real estate development operations, including:

• coordinating financial packaging
• securing acquisition, predevelopment, construction and permanent financing
• securing entitlements
• supervising architects, consultants, property managers, contractors and other development team members; and
• monitoring development, construction and lease-up processes

• Partner with CEO and President to formulate overall development company strategy.
• Build and nurture partnership with regional and local industry leaders, with NFP partners and service providers and with elected and appointed State and local officials including HCR leadership.
  • Make public appearances and presentations on behalf of Company
  • Building community support and working with various internal and external stakeholder groups
  • Build and maintain positive and effective relationships with external partners, including banks, tax credit investors, investors, government lenders, and consultants, general contractors, architects, real estate brokers and others

• Maintain a working knowledge of significant developments and trends in the field
• Guide administration and hybrid work policy of physical offices, currently located in Albany, Buffalo and Lower Manhattan

Minimum Qualifications

Education:  Bachelor’s degree preferably in Planning, Engineering, Construction Management, Real Estate Development, or other-related field.  Master’s Degree in business or related field a plus.  

Experience:  10+ years of real estate development, planning, investment, engineering, or construction management experience including a minimum of 7 years in affordable housing. Project experience must include exposure to all major aspects of project development, ability to work independently on all phases of project management, oversight of multiple complex projects simultaneously, and contributions to company organizational growth through external company representation and business development and/or internal company infrastructure projects. Candidates should have successfully participated in complex affordable housing financial closings (or projects of comparable scale and complexity). 

Qualifications, Skills and Abilities:

• Demonstrated experience directing and managing development staff;
• Extensive real estate development and project-management experience through all phases of development (acquisition, design, permitting, financing, construction, and lease-up);
• Extensive knowledge of affordable housing programs, public policy objectives, and public and quasi-public agencies;
• Strong financial modeling skills and working experience with real estate finance;
• Highly motivated and capable of independent work on multiple tasks and projects;
• Strong problem-solving skills with solution-oriented focus;
• Demonstrated experience in team leadership with emphasis on collegial collaboration and partnering in the context of planning and construction activities;
• Ability to effectively communicate (in writing and in conversation) to team members, senior management, and investors;
• Proficiency in Microsoft Excel, PowerPoint and Word

Travel requirements:

Substantial travel will be required across New York (approximately 30-40% of time), as our portfolio consists of assets throughout New York and the home office in Boston will be a place for team building and organizational meetings.  

Beacon Core Competencies required for all positions:

Teamwork, Integrity/Ethics, Dependability, Customer Focus, Adaptability/Flexibility

Beacon Development Team Leader Job Competencies:

Job Knowledge, Quality, Problem Solving/Analysis, Interpersonal Skills, Personal Organization, Productivity/Supervisory
 

The pay range for this position is between $184,700 and $267,700. 

Beacon is Equal Opportunity Employer