Posted October 18, 2021
AMTEX Multi-Housing LLC, a developer of affordable, market rate and student housing, is seeking a Senior Development Manager to undertake the development of affordable housing for families, seniors and people with special needs. Primary job responsibilities will be to coordinate, implement, and manage activities related to affordable housing development throughout the State of Texas. Development includes the acquisition of land, performing all tasks necessary to conduct feasibility analysis, obtaining entitlements, preparing pro formas and applications to obtain all necessary project financing, and coordinating with a team of design and engineering professionals to obtain all required permits to start construction. This position will work out of our Dallas, TX office in a fast-paced work environment.
Applicant should have a minimum of a bachelor’s degree and five 5-10 years on the job experience in real estate development with an emphasis in multi-family housing and/or affordable housing development project management. OR a Master’s degree in real estate, city and regional planning, business, finance, public policy, architecture or a related field and 3-8 years of experience in affordable housing. The candidate must be able to demonstrate experience in taking projects from acquisition, through financing, construction completion and into operations. Candidates should be able to demonstrate this experience on multiple specific developments. Experience in new construction Section 42 housing in the State of Texas and/or 4% Bond transactions a plus.
Candidates should be skilled with the MS Office Suite (including Microsoft Project, Microsoft Excel), and recognize that detail oriented tasks are critical to a business’ long-term success. Responsibility for project success begins with Land Acquisition sign off and extends through the receipt of 8609’s. Senior Development Management responsibilities are listed below.
This position reports to the Director of Development.
- Analyze sites for potential development opportunities based on the Texas Department of Housing and Community Affairs QAP and local funding opportunities.
- Perform site inspections and due diligence, evaluating and highlighting opportunities and risks.
- Organize, negotiate, coordinate, document and facilitate project partnership and land escrow closings.
- Manage and motivate a development team comprised of: Acquisition Manger, Entitlement Manager, Preconstruction Manager, Asset Manager, Construction Manager, and Project Accountant.
- Direct closing of acquisition, public agency, and construction financing.
- Manage efficiently tasks necessary to obtain entitlements, including neighborhood design meetings, submission of entitlement applications, attendance at public hearings, and on-going coordination of the project design team.
- Provide input on project design development and make sure project plans and specifications are received by various AMTEX Departments in a timely manner.
- Prepare project pro formas and conduct feasibility analysis.
- Represent the organization and speak publicly at City Council Meetings, Planning Commission Meetings, and County Commissioner Court Meetings.
- Research and identify financing sources.
- Formulate and execute strategy for successful project funding applications to local, state, and federal agencies.
- Formulate and execute strategy for successful applications in response to Requests for Proposals (RFPs).
- Monitor and prepare project budgets, cash flow projections, and project schedules.
- Secure architectural, construction and other project approvals from planning and building departments and other regulatory agencies.
- Promote the highest quality development that reinforces AMTEX’s commitment to long term viability.
- Initiate and maintain ongoing interaction with Asset Management Department to ensure long term quality.
- Initiate and maintain ongoing cordial professional relationships with outside entities and various stakeholders.
- Attend interdepartmental meetings and general AMTEX meetings as required, including the corporate office in Agoura Hills, CA.
- Undertake any other projects or tasks as may be assigned.
Education and Experience:
Experience required in: land acquisitions; entitlements; Section 42 project financing; closing of acquisition and construction financing.
- High degree of independence, motivation, accountability and communication skills
- Demonstrated capacity in managing land use planning and project financing/feasibility
- Public speaking and presentation skills
- Ability to quickly learn local approval and entitlement process
- Skillful in assessing financial feasibility using a variety of funding sources
- Ability to multi-task in a fast-paced work environment with time sensitive material.
- Strong organizational, written and verbal communication skills.
- Strong problem solving skills.
- Strong interpersonal skills.
- Ability to lead, manage and motivate a team to work effectively.
- Position based in Dallas, TX.
- May require some travel throughout the State of Texas, primarily to Houston and Austin.
- A criminal background check and review of current driving record may be required.
• Salary – DOE
• Health/Dental/Chiropractic coverage available for individual after three months. Dependents can be covered at employee’s expense.
• Life Insurance
• 401k program
• Three weeks leave (vacation, personal, sick)
• Eight paid holidays
• Discretionary bonus based on individual and company performance after FYE.
- No phone calls, please
- Please email a cover letter and resume to email@example.com
AMTEX Construction, LLC
AMTEX Construction, LLC, is a Farmer’s Branch, Texas-based, real estate development company that develops and builds high-quality affordable and market-rate homes. Since entering the Texas market in 2012, AMTEX has quickly established itself as a presence in the affordable housing and market-rate multi-family apartment landscape, and is an affiliate of AMCAL Multi-Housing, Inc. AMCAL was founded in 1978, and is one of the Nation’s leading housing development companies, developing high-quality rental residential properties throughout California, Texas and Washington, including Affordable Housing, Luxury Apartment Housing and Student Housing. For more information, visit our website at www.amcalhousing.com. AMTEX Construction, LLC, is an equal opportunity employer.