Great Opportunity for Development Manager - Multifamily - LIHTC

ISC Real Estate Development & Construction Recruiting team is partnering with a thriving Real Estate Development & Construction Company to recruit candidates for a Development Manager for Multifamily - LIHTC in the greater Alpharetta, GA area.

 Requirements for Development Manager for Multifamily – LIHTC – Do you have the following:

· Bachelor's degree in Construction Management, Business, Finance, Accounting or related discipline.

· 4+ years of experience in acquisition, development and finance for new construction for multifamily LIHTC housing.

· Prior experience with market rate transactions and closings for LIHTC development.

· Must have strong financial analysis skills.

· Ability to comprehend, analyze, and interpret business and legal documents.

· Prior experience with internal rate of return (IRR), net present value (NPV), and other valuation metrics.

· General understanding of real estate development.

· Self-driven, excellent communications both verbal and written, interpersonal, organizational, planning, decision making, negotiation and problem solving skills.

· Proficient in MS Office Suite to include, Word, Outlook, Excel, Project and PowerPoint.

 Development Manager for Multifamily - LIHTC Rewards – If you qualify for this opportunity, the company will offer the below:

· Annual base salary - $80-$120K

· Bonus potential

· Comprehensive benefits package

· Growth potential…the company is rapidly growing and with that comes opportunity for long-term career growth.

 Responsibilities for Development Manager for Multifamily - LIHTC will:

· Identify and evaluate land sites, purchase contract negotiations and rezoning / entitlements.

· Generate a pipeline of profitable deals.

· Determine market and financial feasibility for new real estate development and investment opportunities.

· Manage all aspects of financial transactions from initial underwriting, securing equity and debt financing through final funding and closing.

· Identify and underwrite new development opportunities.

· Ensure all documents are in compliance with the LIHTC program requirements and annual Qualified Allocation Plan.

· Prepare deal packages for potential equity and debt investors while evaluating financial terms.

· Review legal documents for consistency with previous agreements and current deals.

· Identify and build effective relationships with local, state and federal entities for projects.

 How to apply:

Please send resume as an attachment to [email protected]

Know someone you think would be a great fit?

We pay $500 for any names that result in a hire. Rest assured, we keep referral sources confidential unless directed otherwise. Please send referrals to Carolyn McClendon at [email protected]