Real Estate Project Manager

Location: Little Tokyo Service Center Office

Salary: $85,000 - $115,000;
DOE

Benefits: Comprehensive benefits package includes –

• Paid sick leave, vacation leave, and monthly mental health days
• Paid holidays including your birthday and the week between Christmas and New Year's
• Full health coverage for employees through designated health plans
• Employer matching for 403(b) retirement plan
• Therapy stipend

Employment Status: Full-time; Exempt position with benefits

Start Date: As soon as position is filled

Background:

For over 40 years, Little Tokyo Service Center (LTSC) has provided a safety net of social welfare and community development services to empower people and communities in need. LTSC provides culturally and linguistically appropriate services to the Japanese American community in the Southland, builds multi-family affordable housing projects to uplift low-income neighborhoods of color throughout Los Angeles, and promotes equitable development and cultural preservation in the Little Tokyo neighborhood. We are an Equal Opportunity Employer. We do not discriminate on the basis of race, religion, color, sex, sexual orientation, age, national origin or disability.

Summary of Duties:

The Project Manager will be responsible for managing several real estate development projects and supporting the work of LTSC’s Real Estate Development Department. LTSC’s real estate portfolio is rapidly expanding and includes affordable and permanent supportive housing, non-profit community-serving facilities, and more than $400 million worth of mixed-use, transit-oriented developments in the pipeline. Many of LTSC’s projects will be developed in partnership with other community-based nonprofits based in communities throughout Los Angeles.

Responsibilities Include:

The Project Manager may be responsible for carrying out tasks across all phases of development, including but not limited to:

• Site and financial feasibility analysis
• Zoning assessment and entitlement and permitting applications
• Financing applications
• Overseeing the project team and ensuring timely delivery by third-party consultants (including architects, general contractors, and predevelopment consultants)
• Managing loan closings (including due diligence, financial projections, and loan agreements)
• Construction administration (including change order, contingency, and schedule review)
• Managing external partnerships with public entities, community partners, and the general public
• Transitioning projects to operations
• Other duties as may be assigned by your supervisor

Travel to project sites is required. The Project Manager will work under the supervision of the Associate Director of Real Estate.

Qualifications, Experience, and Skills:

• Minimum 2 years experience in affordable housing development or related field; additional experience with mixed-use development or community-based commercial development preferred
• Minimum Bachelor’s degree; graduate degree in Urban Planning, Real Estate, Business, or related field preferred
• Strong quantitative and computer skills; proficiency in financial proforma analysis using Microsoft Excel required
• Experience in construction administration or architectural design preferred
• Experience managing relationships with public funding agencies, building and planning departments, community stakeholders, and lenders in moving a project forward;
• Strong initiative and ability to develop projects from the ground up;
• Ability to manage several active projects simultaneously and meet tight deadlines;
• Strong written and verbal communication;
• Interest in real estate development at a community-based nonprofit in a multicultural environment
• California drivers license and access to insured automobile

Equivalent education or experience can be substituted for all minimum qualifications, except when legal requirements, such as a license/certification/registration, are required.