Camber Property Group Remote Senior 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