Camber Property Group Remote Jobs in Usa

Company Description

Camber Property Group is a developer and owner specializing in affordable housing in New York City and beyond. With a substantial impact in just a few years, the team has successfully built and preserved over 12,000 residential units, representing $3.4 billion in market value. The organization's mission focuses on strengthening local communities by creating sustainable and equitable housing solutions. Camber Property Group is committed to doing what is right, whether constructing new developments or preserving existing properties.

Role Description

This is a full-time, on-site role for a Project Manager at our New York, NY office. The Project Manager is responsible for leading development projects through all stages of the project life cycle, including predevelopment, acquisition and construction closing, construction administration, marketing/lease up, conversion to permanent financing / stabilization and repositioning, as applicable.  The Project Manager is expected to work collaboratively in a fast-paced, entrepreneurial work environment with a range of individuals and organizations.

Duties and Requirements

Responsibilities include, but are not limited to:

Development & Predevelopment

·  Conduct feasibility analysis, zoning review, and due diligence

·  Onboard and oversee design consultants (architects, engineers, expediters, environmental, sustainability, elevator, etc.)

·  Along with our vertically integrated GC, support and oversee design process from schematic through construction documents with understanding of value engineering to keep costs as projected

·   Coordinate agency approvals including HPD, HDC, HFA, DOB, and other relevant entities

·   Maintain and report on comprehensive project schedules and risk assessments

·   Prepare financing applications

·  Help prepare investment memorandums to convey the inherent risks associated with a particular project

Financing & Closings

·  Prepare and manage HPD/HCR/HDC financing applications and lead the development effort as point-person for agency correspondence

·   Update development budgets and sources & uses throughout underwriting

·  Review lender, equity investor, and agency due diligence and negotiate term sheets and loan docs alongside Camber’s outside legal counsel and senior level staff

·   Coordinate construction and permanent loan closings

·   Monitor construction progress, change orders, budget, and schedule

·   Lead bank requisition efforts and invoice tracking

· Ensure compliance with HPD/HDC regulatory requirements, MWBE goals, labor standards, and affordability restrictions

Lease-Up & Stabilization

·   Coordinate with property management on marketing and regulatory compliance

·   Oversee cost certification and various tax credit investor compliance and conversion

·   Manage TCO/CO process and permanent loan conversion

·   Transition stabilized assets to asset management

Leadership

·   Interface directly with agency representatives, lenders, equity partners, and community stakeholders

·   Drive internal process improvements and best practices

Qualifications

·  Travel to properties in the NY metro area to perform site inspections and collect data

·  Good understanding of transactional structuring and of both affordable and conventional financing sources

·  Knowledge of key deal documents including but not limited to financing terms sheets, regulatory agreements and operating agreements

·  Demonstrated underwriting and financial analysis experience (modeling, project level returns, optimal structures, etc.)

·  Ability to identify and resolve deal point issues with some guidance

·  Ability to work independently as well as in a group environment

·  Strong problem solving and quantitative skills

·  Ability to prioritize and accomplish multiple tasks effectively

·  Good written and verbal skills

·  Mastery of Microsoft Office

·  Strong data management skillset with the ability to collect and manage data, including exploratory data analysis, is strongly preferred

Education and Experience

·  Master’s degree in Real Estate, Urban Planning, Finance or other relevant field or proven track record in affordable housing development

·  4+ years in a relevant field and/or master’s degree in related field

·  Direct knowledge / experience in NYC real estate development

Work Environment

This job operates primarily in an office environment but will require travel offsite.

Compensation & Benefits

·  Salary $110,000 – $150,000 ; will be commensurate with experience  

·  Cash Bonus

·  Long Term Incentive Plan

·  Camber offers competitive health benefits as well as an unlimited vacation policy and 401k matching. 

Diversity, Equity, and Inclusion

Camber actively seeks to recruit and employ a diverse and inclusive workforce.

Affirmative Action (AAP/EEO statement)

Camber is an equal opportunity employer.  All qualified applicants will receive consideration for employment without regard to race, color, religion, gender, gender identity or expression, sex, sexual orientation, national origin, genetics, disability, age, or veteran status.

Disclaimer

This job description in no way states or implies that this is an all-inclusive list of job-related responsibilities, duties, skills, efforts, requirements, or working conditions to be performed by the employee in this position.  While this is intended to be an accurate reflection of the current job, management reserves the right to revise the job or to require that other or different tasks be performed as assigned. It does not limit the assignment of related duties not mentioned.

All job requirements are subject to possible revision to reflect changes in the position requirements or to reasonably accommodate individuals with disabilities. Some requirements may exclude individuals who pose a threat or risk to the health and safety of themselves or other employees. Employees will be required to follow other job-related duties as requested by their supervisor/manager (within guidelines and compliance with Federal and State laws). Continued employment remains on an “at-will” basis

Company Description

Camber Property Group is a leader in affordable housing industry, developing innovative projects and preserving much-needed affordable housing in communities in New York City and across the Northeast and Midwest. The firm focuses on four primary business lines: acquisition and preservation of existing affordable housing assets, new construction of affordable and supportive housing, and new construction and acquisition of transitional housing.

Role Description

The Asset Management Analyst (AM Analyst) will be responsible for managing a portfolio of affordable housing properties. The AM Analyst will represent ownership in executing business plans of each property under her/his management and recommend strategies and solutions to optimize performance of each property. The responsibilities of an AM Analyst will include: monitoring property operations, managing controllable expenses, and managing building compliance and capital improvements. The AM Analyst is expected to be a hands-on team member who can multi-task, has a strong work ethic, and welcomes a challenge, while working in a highly collaborative, entrepreneurial work environment. The position is based in New York City and will report to the Director of Asset Management.

Essential Functions

Responsibilities include, but are not limited to:

•  Monitor and track property operations in coordination with the Property Managers to ensure targets are being hit. Operational items include: occupancy, leasing, unit turnovers, violations clearance, collections, subsidy terminations, and work order completion.

•   Develop plans to obtain and implement increases for rental subsidies and work with property management staff to execute.

•   Collaborate with maintenance staff, vendors, and expeditors to clear HPD, DOB, ECB and FDNY violations.

•   Work with in-house Construction Management team to create capital improvement plans.

•   Ensure properties are in compliance with all local laws and prepared for mandated inspections.

•   Perform frequent site inspections to assess property conditions, and to confirm maintenance & repair work meets Camber’s standards. Verify work orders are being created and work being completed for any deficiencies identified.

•   Active oversite of the controllable expenses for each property, inclusive of providing actual to budget variance commentary and annual budgets.

•   Propose value-add initiatives at each property and assist project team members in creating investment objectives for each property.

•   Review contracts and negotiate with contractors, vendors, and consultants, as needed.

•   Assist team members with cash management forecasts to ensure real-time operational updates are being accounted for in the forecasts.

•   Problem-solve and work collaboratively with the Team.

Required Experience

·  +2 years in a relevant field; experience in property management preferred

·   Basic understanding of multifamily operations; Experience with Yardi is a Plus

Desired Qualifications

·  College degree in Real Estate, Architecture, Urban Planning, Finance, Accounting or other relevant field

·  Knowledge of affordable housing landscape, regulatory agreements, and HPD, HUD, and NYCHA assisted housing programs is a plus

·  Knowledge of building compliance and local laws

·  Ability to conduct site visits to identify issues and create solutions

·  Possess a Real Estate owner’s mentality to drive NOI and cash available for distribution in the most effective manner possible. 

·  Ability to work on multiple projects and handle confidential information

·  Attention to detail, strong problem-solving skills, willingness to learn independently

·  Self-starter who can identify project priorities independently

·  Excited to interface with a varied and diverse resident population

Position Type

• · Full-Time; Monday – Friday

Work Environment

·  This job operates in an office environment in New York City and will require travel to properties primarily within New York City and occasionally in the Tri-State area (NY, NJ, and CT)

Physical Demands

The physical demands described here are representative of those that must be met to successfully perform the essential functions of this job.

·  Communicate and converse, maintain a stationary position (standing or sitting), move/traverse, kneel, bend, and reach with hands and arms for extended periods.

·  Routinely use standard office equipment.

·  Occasionally push and pull items weighing 15 pounds or less.

·  The ability to follow written and oral instructions and procedures.

Affirmative Action (AAP/EEO statement)

Camber is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, gender, gender identity or expression, sex, sexual orientation, national origin, genetics, disability, age, or veteran status.

Disclaimer

This job description in no way states or implies that this is an all-inclusive list of job-related responsibilities, duties, skills, efforts, requirements, or working conditions to be performed by the employee in this position.  While this is intended to be an accurate reflection of the current job, management reserves the right to revise the job or to require that other or different tasks be performed as assigned. It does not limit the assignment of related duties not mentioned.

All job requirements are subject to possible revision to reflect changes in the position requirements or to reasonably accommodate individuals with disabilities. Some requirements may exclude individuals who pose a threat or risk to the health and safety of themselves or other employees. Employees will be required to follow other job-related duties as requested by their supervisor/manager (within guidelines and compliance with Federal and State laws). Employment is on an “at-will” basis.