Philadelphia, Pennsylvania, United States · On-site
$110k–$135k/yr
Mid level
Overview The position assumes full responsibility for the successful completion of multi-faceted real estate development projects – both market-rate and affordable - from inception through construction completion and lea…
Skills: Real estate development, Financial feasibility, Project management, Leadership, Budgeting
Philadelphia, Pennsylvania, United States · On-site
$26/hr–$27/hr
Mid level
Overview The Maintenance Supervisor will report to the Property Manager and provide guidance and direction to Maintenance Technician(s) and Porter(s) as applicable, as all maintenance positions report to the Property Man…
Old Bridge Township, New Jersey, United States · On-site
$25/hr–$26/hr
Mid level
Overview Responsible for marketing and leasing assigned property, as well as providing resident services. Develops and implements policies and procedures to effectively manage property under the direction of the Property…
Skills: Property Management, Leasing, Customer Service, Yardi, Microsoft Excel
Overview The Porter will take direction from the Maintenance Supervisor where applicable and will report directly to the Property Manager. The Porter will be responsible for the light maintenance, repair, and cleanliness…
Overview Responsible for marketing and leasing assigned property, as well as providing resident services. Develops and implements policies and procedures to effectively manage property under the direction of the Property…
Overview The Senior Organizational Effectiveness (OE) Partner / Consultant plays a key role in strengthening leadership capability, career development, team effectiveness, and organizational growth across the organizatio…
Skills: Organizational Development, Leadership Development, Facilitation, Consulting, Program Management
Philadelphia, Pennsylvania, United States · On-site
$23/hr–$25/hr
Mid level
Overview Responsible for marketing and leasing assigned property, as well as providing resident services. Develops and implements policies and procedures to effectively manage property under the direction of the Property…
Skills: Property Management, Leasing, Customer Service, Yardi, Microsoft Excel
Philadelphia, Pennsylvania, United States · On-site
$75k–$80k/yr
Mid level
Overview This position assumes exposure to and participation in all aspects of multi-faceted multi-family real estate development projects, primarily affordable with occasional market rate projects, from inception throug…
Overview The Maintenance Technician will be part of the Operations Department, taking direction from the Maintenance Supervisor and reporting directly to the Property Manager. The Maintenance Technician will be responsib…
Overview $2,000 Sign On Bonus* The Maintenance Technician will be part of the Operations Department, taking direction from the Maintenance Supervisor and reporting directly to the Property Manager. The Maintenance Techni…
Overview The Maintenance Technician will be part of the Operations Department, taking direction from the Maintenance Supervisor and reporting directly to the Property Manager. The Maintenance Technician will be responsib…
Overview The Maintenance Supervisor will report to the Property Manager and provide guidance and direction to Maintenance Technician(s) and Porter(s) as applicable, as all maintenance positions report to the Property Man…
Overview The Community Impact Coordinator is responsible for developing and implementing educational, social and empowering on-site programming that enhances the quality of lives for our residents while improving overall…
Skills: Social services, Case management, Community outreach, Program coordination, Reporting
Overview The Maintenance Supervisor will report to the Property Manager and provide guidance and direction to Maintenance Technician(s) and Porter(s) as applicable, as all maintenance positions report to the Property Man…
Overview Responsible for marketing and leasing assigned property, as well as providing resident services. Develops and implements policies and procedures to effectively manage property under the direction of the Property…
Skills: Property Management, Leasing, Customer Service, Yardi, Microsoft Excel
Overview The Recertification Specialist will review all resident files within the portfolio. The Recertification Specialist will apply knowledge of regulatory requirements for properties to ensure Company meets complianc…
Philadelphia, Pennsylvania, United States · On-site
Entry level
Overview The Maintenance Technician will be part of the Operations Department, taking direction from the Maintenance Supervisor and reporting directly to the Property Manager. The Maintenance Technician will be responsib…
Overview The Maintenance Supervisor will report to the Property Manager and provide guidance and direction to Maintenance Technician(s) and Porter(s) as applicable, as all maintenance positions report to the Property Man…
Philadelphia, Pennsylvania, United States · On-site
$27/hr–$29/hr
Mid level
Overview Responsible for overseeing the accounts payable function for all assigned developments and properties including contractor AIA payments, professional fee payments, mortgage payments, utilities, and special payme…
Overview The Property Manager (“PM”) will have broad and in-depth general management responsibilities at their assigned apartment development(s). The PM will supervise a site team consisting of administrative, supportive…
Sign up with Clera and we'll reach out the moment a role actually fits you — no more spraying applications into the void.
$110k–$135k/yr
Full-time
bachelor degree
Performance-based bonus program
Posted 16h ago
Apply by Aug 11
~40 hrs/week
Responsibilities
The developer is responsible for managing multi-faceted real estate projects from inception through construction and lease-up. This includes leading internal teams, coordinating external partners, and ensuring projects meet financial and scheduling goals.
Requirements
Candidates must hold a bachelor's degree and have at least four years of experience in real estate development. Strong financial, analytical, and communication skills are required, along with a valid driver's license and the ability to travel.
Full job description
Overview
The position assumes full responsibility for the successful completion of multi-faceted real estate development projects – both market-rate and affordable - from inception through construction completion and lease-up. This individual is responsible for the strong leadership of an in-house team of Associate Developers, Assistant Developers and Administrative Assistants. This individual simultaneously assembles and manages an external team of financiers, architects, designers, engineers and contractors. Each developer simultaneously coordinates multiple projects in varying stages of development. This position demands strong financial skills, creative thinking, leadership, and effective communication.
Pay range:$110,000 - $135,000/year + bonus depending on experience.
This position is eligible for an uncapped performance-based bonus program tied to individual and company results.
#IND123
Responsibilities
Identification and evaluation of real-estate development opportunities
Determination of the financial feasibility for a viable project
Determination of the suitability of a site
Direct report to Pennrose Properties Chief Financial Officer for predevelopment expenditures expectations, development cash-flow, and development capital requirements
Drafting and finalizing multiple, professional RFPs and RFQs
Establishing strong public private partnerships
Delivery of professional Powerpoint presentations before both large and small groups of financiers, municipalities, and community constituents for the purpose of marketing Pennrose Properties to groups potentially skeptical and occasionally adverse
Development of realistic project budgets
Coordination of efficient land-development approval process
Assembly and leadership of superior development team
Coordination of legal team
Responsibility for all site control documentation, loan agreements, equity documents and partnership agreements
Collaboration with architects and engineers in designing proposed developments
Determination of realistic project schedules
Meeting design, funding and construction deadlines throughout the project
Meeting project budgets
Oversight of contractors and other professionals to build proposed developments
Efficient project management through superior team management
Delivery of on-time, on-budget real estate development projects
Coordination of lease-up of completed development with full flow of information concerning limiting criteria
Management and motivation of in-house development team
Maintenance of calendars
Providing direction for the scheduling and coordinating of the logistics for all development meetings
Balancing the opinions of internal staff with external participants in a timely and diplomatic manner
Demonstrating an understanding of the workload and priorities of all development team members
Keeping the Team Leaders well-informed of all project issues
Qualifications
Performance Metrics
Agreement of Sale/ Development Agreements and site control secured
Ensure 100% construction completion and receipt of all funds within established time frame
Achievement of financial closings within established timeframes.
Project lease-up at pace expected as of closings
Achievement of fully approved project entitlements with established time frames.
Required Education and Experience:
BA or BS required
At least four years of experience as an associate developer or equivalent position
Strong entrepreneurial instincts
Solid analytical skills
Documented well-rounded real estate background
Demonstrated ability to sell an idea through exceptional verbal and written communication skills
Confidence in delivering on-message PowerPoint presentations before possibly contentious groups
Considerable interpersonal skills including the ability to establish and maintain effective working relationships with others; being both responsive and thoughtful
Discretion in handling confidential information
Demonstrated organizational skills, including the ability to set priorities in concert with the development team yet able to work independently
Demonstrated ability to work under pressure exercising sound judgment, prioritizing demands and responding with composure to a fast-paced environment with high-energy leadership
Demonstrated understanding of project proformas for both market-rate and public housing developments
Profound understanding of HUD and Housing Finance agency budget requirements
Experience in filing applications requesting Low Income Housing Tax Credits, Federal Home Loan Bank Affordable Housing Program funds and a multitude of other soft resources
Demonstrated ability to respond to and resolve problems rapidly and efficiently
Proficiency in Outlook, Microsoft Office including Word and Excel
Demonstrated punctuality and respect for other’s time
Accuracy – with an attention to detail - and speed in task execution
Strong work ethic and exceptionally high work standards
Maturity, good judgment and professionalism
At least four years experience as an Associate Developer or equivalent position
Requires a valid driver’s license, an insured vehicle, and the ability to travel (between properties, on-call emergencies, training, etc.)
Working Conditions:
Ability to work periodic flexible hours is required. Ability to travel by plane and automobile is required.
Ability to work at property locations within or near transitional neighborhoods – again with the support of PMC.
Ability to climb stairs, take elevators, bend, squat and reach over head.
Related keywords
Real estate developmentMarket-rate housingAffordable housingFinancial feasibilityRFPRFQPublic private partnershipsProject budgetsLand-development approvalLoan agreementsPartnership agreementsHUDHousing Finance agencyLow Income Housing Tax CreditsFederal Home Loan BankProformas
For over 50 years, Pennrose has combined quality development and proven management to create great lifestyles for our residents. We are committed to developing exceptional properties, constructed with quality materials, designed with features and amenities residents really want, and managed by a well-trained and dedicated staff.
As a nationally recognized developer of affordable, mixed-use, mixed-income, market-rate and master-planned communities, we believe in fostering neighborhoods that sustain future generations. Our dedication to partnering with host communities ensures that our developments are tailor-made - not standardized, one-size-fits-all solutions.
Our approach to management and the commitment we have to our residents, investors, and personnel we serve and work with, set us apart from other multi-family property management companies. We deliver the highest quality housing with a superior level of customer service to establish an enduring sense of community.
We bring it all together to provide quality development, proven management, and great lifestyles.
Offices: 1301 N 31st St, Philadelphia, PA 19121, US · 50 Milk Street, 16th Floor, Boston, MA 02109, US · 45 Main St., Suite 539, Brooklyn, NY 11201, US · 1501 St. Paul Street, Suite 118, Baltimore, MD 21202, US · 1435 Vine Street, Suite 406, Cincinnati, OH 45202, US
Real Estate Development and Residential Property ManagementConstructionProfessional ServicesProperty ManagementReal EstateProperty Development
For over 50 years, Pennrose has combined quality development and proven management to create great lifestyles for our residents. We are committed to developing exceptional properties, constructed with quality materials, designed with features and amenities residents really want, and managed by a well-trained and dedicated staff.
As a nationally recognized developer of affordable, mixed-use, mixed-income, market-rate and master-planned communities, we believe in fostering neighborhoods that sustain future generations. Our dedication to partnering with host communities ensures that our developments are tailor-made - not standardized, one-size-fits-all solutions.
Our approach to management and the commitment we have to our residents, investors, and personnel we serve and work with, set us apart from other multi-family property management companies. We deliver the highest quality housing with a superior level of customer service to establish an enduring sense of community.
We bring it all together to provide quality development, proven management, and great lifestyles.
Offices: 1301 N 31st St, Philadelphia, PA 19121, US · 50 Milk Street, 16th Floor, Boston, MA 02109, US · 45 Main St., Suite 539, Brooklyn, NY 11201, US · 1501 St. Paul Street, Suite 118, Baltimore, MD 21202, US · 1435 Vine Street, Suite 406, Cincinnati, OH 45202, US
Real Estate Development and Residential Property ManagementConstructionProfessional ServicesProperty ManagementReal EstateProperty Development