Annex Shipping LLC logo
Annex Shipping LLC

Relocating people worldwide 🌍 Fully Insured, Certified with IAM, IAMX & IMA 🎖️ You Move, We Care!

Vice President of Development – Project Sourcing/Origination

ProcurementProcurementFull TimeRemoteLeadTeam 11-50H1B No SponsorCompany SiteLinkedIn

Location

New York

Posted

1 day ago

Salary

$150K / year

Seniority

Lead

Bachelor Degree10 yrs expEnglish

Job Description

• The VP of Development is a strategic partner of the Company, responsible for the creation of a pipeline of affordable and workforce housing developments for the Annex Group. • Own the portion of the development lifecycle from strategic market research to site/opportunity identification and land acquisition to funding applications and awards. • Includes project feasibility and investment committee approval. • Lead Development Team to identify potential strategic commercial real estate investment opportunities within the affordable business plan of the company with the expectation of closing 2 to 4 deals per year. • Responsible for understanding State QAP (Qualified Allocation Plans) for new LIHTC developments across the United States. • Responsible for strategic responses to housing RFP’s that meet the needs of the Annex Group. • Responsible for key relationships with stakeholders to foster public-private partnerships for new housing opportunities. • Train, mentor and manage Development Team within VP’s group. • Travel to visit potential investments to ensure the best investment for the Company and its financial partners. • Guide and oversee the preparation of project proposals, pro formas, budgets, feasibility analysis, including determination of time and funding requirements. • Work with the Chief Financial Officer to develop and track the predevelopment budget related to assigned projects. • Provide project status reports for the Executive Team.

Job Requirements

  • Bachelor’s degree from an accredited institution in business administration, economics, finance, or real estate, complemented by a master’s degree (a plus) or other professional training with an emphasis on finance, economics or real estate
  • A minimum of ten (10) years of relevant real estate development experience managing full-cycle processes associated large-scale premium developments and three (3) years LIHTC development experience and underwriting.
  • Ability to understand and analyze financial reports
  • Ability to use computer software/hardware to prepare and present financial, economic and other data from project proformas and other analytical reports
  • Ability to understand architectural, civil and construction plan drawings
  • Ability and willingness to effectively use other job-related technology tools

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