Director of Investments & Development

The Director of Investments & Development will be a key member of the companys leadership team. They are responsible for sourcing new opportunities, problem-solving, underwriting, performing due diligence, and bringing deals successfully through the acquisition and/or development continuum.

A day in the life of the successful Director of Investments & Development includes, but is not limited to:

• Overseeing the full acquisition & development process, including managing due diligence, reviewing third-party reports, and working with internal & external teams to facilitate closings
  

• Preparing comprehensive market analysis, underwriting, and compelling investment memoranda that provide thoroughly review the risks & risk mitigants, different return metrics (ROI, cash on cash, equity multiple, impact, etc.) for presentation at Investment Committee
  

• Developing relationships within the brokerage, lender, and CRE developer communities in target markets to facilitate both on/off-market investment & development opportunities
  

• Creatively sourcing investment & development opportunities through relationship cultivation with non-traditional deal sources like community leaders, public/government officials involved in real estate planning/dispositions, non-profit & community organizations, and NGOs
  

• Attending selected conferences and industry events as a representative of the fund
  

• Collaborating with fund leadership to ensure impact/ESG targets are measured and codified as part of pipeline development
  

• Working with fund leadership to cultivate and manage LP investor relationships to assist with fundraising and portfolio growth
  

Requirements

• 10+ years of real estate acquisition and underwriting experience across all product types
  

• Established relationships within the investment sales brokerage community, ideally in the Northeast
  

• Proven track-record of executing successful mixed-use, commercial, and/or industrial developments and acquisitions through the full lifecycle including sourcing, due diligence, negotiation, closing, and driving value creation measures with emerging teams
  

• Exposure to affordable housing is preferred, but not required; significant experience across core asset classes of commercial real estate is required
  

• Undergraduate degree in real estate, business, finance, economics, or accounting are preferred; advanced degrees are a plus
  

• Strong quantitative and analytical skills, with the ability to quickly assess deal viability
  

• Outstanding verbal and written communication skills
  

• Adept at developing effective working relationships with others in a team-oriented, collaborative, and deadline-driven environment
  

• A "Team-Player" mentality, with a passion for brainstorming, problem solving, and independent thinking
  

• Passion for utilizing real estate and investing to drive to impact outcomes for historically disinvested communities
  

• Travel required
  

Benefits

• Generous base salary and bonus program
  

• Full benefits suite including 401k, above-average PTO, Parental Leave and Medical, Dental, Vision
  

• Access to benefits concierge service
  

• Access to Mental Health & well-being service
  

• Be part of a culture that is a truly open door, with access to mentorship, leadership training, career advancement, and innovation
  

• Opportunity to be involved in community outreach and charity events