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Job Title : Vice President, Real Estate (WIN (Women in Need))
Date Posted : April 9, 2019
Type :

Description :

OVERVIEW:

Win is the largest provider of shelter for homeless families in New York City. For over 34 years Win has provided safe housing, critical services and groundbreaking programs to help homeless women and their children rebuild their lives. In the past year, Win served nearly 12,000 homeless people – including more than 6,600 children – and helped nearly 750 families transition out of shelter into homes of their own. Win’s existing portfolio consists of eleven transitional and four congregate supportive housing sites, and a robust and rapidly growing portfolio. The pending expansion includes over 800 units within six transitional housing sites, and over 300 units in four permanent supportive housing sites, which are currently in development. Win utilizes a variety of development strategies including acting as the sole developer, joint ventures and net leases to successfully launch new projects.

Purpose of the Position:

Reporting directly to the CEO/COO, the Vice President, Real Estate is a critical member of Win’s leadership team who will lead Win’s efforts to develop and sustain transitional and permanent supportive housing throughout New York City. The successful applicant will have not only a demonstrable interest in and understanding of real estate finance, but also a passion for the mission-oriented field of affordable and supportive housing.  The applicant must have strong analytical and financial acumen, be a strategic thinker, with a strong degree of initiative, excellent organizational skills, and the ability to effectively juggle multiple priorities while maintaining attention to detail. The candidate must have experience in affordable and transitional housing and be able to work effectively within a collaborative team approach.

Essential Functions:

Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

  • Supervisory position responsible for all real estate related transactions and affordable housing development and management;
  • Identify new opportunities for permanent and transitional housing development in furtherance of Win’s mission;
  • Staff liaison to Win Board of Directors Housing Committee;
  • Develop pro forma capital development and operating budgets and financing applications for HPD, HDC, HCR, HFA, HHAP, FHLB, HUD, which incorporate many different sources of financing;
  • Direct the submission of due diligence to government agencies, lenders and investors;
  • Coordinate Win real estate responses to Requests for Proposals and Requests for Qualifications;
  • Successfully achieve construction loan closings, lease negotiations, cost certifications, permanent loan closing process and 8609’s;
  • Manage construction process and development teams (architect, contractor, etc.), to ensure projects are completed on time and within budget;
  • Cultivate and deepen strategic relationships to further Win’s impact as a leader in the field;
  • Identify & secure funding sources and develop financing strategies for transitional and permanent supportive housing;
  • Represent Win at meetings with public officials, funders, community stakeholders, etc.;
  • Work with Win social service programs to identify and implement mission-driven transactions, secure on-site services funding and craft as appropriate;
  • Supervise property management teams responsible for Win’s existing supportive and affordable housing portfolio and establish policies and systems for the successful startup and operations of buildings in the pipeline;
  • Implement best practices to ensure compliance with various City, State, Federal and Investor requirements;
  • Evaluate and report to senior management and Win Board of Directors on property performance.

Knowledge, Skills and Abilities:

  • Commitment to Win’s mission
  • A graduate degree is preferred, but not required (depending on prior work or academic experience). At least 8-10 years of experience in managing real estate projects independently is required, experience in the supportive and transitional housing area is also preferred.
  • Deep understanding of and significant experience with various affordable and supportive housing programs including low income housing tax credits, bond financing and other NY City, NY State and Federal housing programs.
  • Understanding and experience in affordable housing management and compliance requirements.
  • Ability to generate development and manage operating budgets.
  • Highly organized, detail oriented and self-motivated.
  • Excellent written, oral and email communication skills.
  • Strong leadership and management skills and the ability to influence and engage direct and indirect reports and peers.
  • Local travel throughout all five boroughs of New York City required.

Women In Need, Inc. is an Equal Opportunity Employer that recruits and hires qualified candidates without regard to race, religion, sex, sexual orientation, gender identity, age, national origin, ancestry, citizenship, disability or veteran status.

To apply go to: https://workforcenow.adp.com/mascsr/default/mdf/recruitment/recruitment.html?cid=0f3c1b89-3b8c-4140-a849-f6664b24384c&ccId=19000101_000001&type=MP&lang=en_US and select Vice President Real Estate.


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