Employment Opportunities  >>  Community & Economic Development, Planning

Manager of Real Estate Development

Invest Atlanta

Posted: Apr. 2, 2018

End Date: May. 31, 2018


The Manager of Real Estate Development (MRED) is responsible for the implementation of real estate and community development initiatives, programs and policies.  The MRED will also be responsible for identifying strategic partnerships, program development and funding opportunities that will augment current initiatives and community development efforts. 
 
The MRED will report directly to the Interim Senior Vice President, Community Development.

KEY RESPONSIBILITIES
 
  • Promote, solicit and oversee the identification and implementation of specific development to advance Invest Atlanta’s community and economic development goals.
  • Create financial projections for real estate development projects.
  • Develop Requests for Ideas, Requests for Proposals and/or Requests for Qualifications for Invest Atlanta-funded projects or disposition of Invest Atlanta and/or City of Atlanta owned assets. Ensure projects are consistent with the city’s TAD, Economic Development and Housing Strategies as well as any other City priorities.
  • Review and analyze TAD grant and other applications to ensure overall project viability, including financial feasibility and compliance with respective programmatic priorities, guidelines, policies, preferences and plans.
  • Work directly with internal and external parties to successfully close community development transactions, including but not limited to, development of and adherence to closing schedule, negotiation of deal points, review and critique of governing loan/grant documents and collection of due diligence.
  • Research and recommend improvements that address efficiency and effectiveness of Invest Atlanta policy, programs, and procedures related to real estate and community development.
  • Identify trendsetter ideas by researching real estate market, and other related events, publications, announcements and best practices.
  • Communicate regularly with the business, real estate and builder communities to market potential development opportunities, provide information about Invest Atlanta incentives and to understand the current markets within Atlanta.
  • Coordinate with Atlanta BeltLine and other project partners (City operating departments) on various TAD-related programs.
  • Analyze and create innovative financial solutions to advance TAD other community development initiatives.
  • Prepare project presentations for Invest Atlanta internal loan committee, board of directors and board committees for funding consideration.
  • Report to board and city council committees and subcommittees regarding the progress of various projects and initiatives
  • Provide support and real estate expertise to intra and inter-departmental programs and efforts, including housing and community development funds administered within Community Development Division, as well as economic development efforts of the Economic Development Division
  • Perform any other job duties as necessary and requested for the furtherance of Invest Atlanta’s community development goals.
 
EDUCATION AND EXPERIENCE 
 
  • M.A., MPA or M.B.A (preferred) or B.A. or B.S. from an accredited college or university with a major in business administration, public administration, urban planning, real estate finance, economics or related field, with a minimum of seven (7) years of progressively responsible corporate or government experience in real estate development, community development and urban planning.  Experience should include a minimum of five (5) years of experience in structuring real estate transactions that involved multiple layers of financing.    
  • Extensive experience with at least two of the following programs and functions is required: commercial or residential real estate development; community development; urban planning and design; and/or economic development.

KNOWLEDGE, SKILLS AND ABILITIES
 
  • Strong ability to interface with developers regarding potential transactions; skill in demonstrating value added by Invest Atlanta on specific deals.
  • Ability to structure and negotiate complicated real estate and community development transactions.
  • Financial knowledge and aptitude.  Experience with financial modeling and investment analysis including review and development of financial proformas.
  • Knowledge of local, state and national policies, issues and best practices regarding community re-development and real estate finance.
  • Strong affinity for downtown and infill community redevelopment.
  • Excellent interpersonal and presentation skills; ability to cultivate and maintain strong external partnerships; strong verbal, written, communication and presentation skills.
  • Exceptional ability to communicate and collaborate with community stakeholders, CDCs and partners to develop a shared vision for the community. 
  • Highly organized, capable of self-directions and autonomy and able to work will with persons across a broad spectrum of age, culture, economic, ethnic and institutional backgrounds.
  • Strong grasp of Invest Atlanta, local, state and federal program rules and regulations. 
  • Strong technology management skills, including proficiency with using Microsoft Office (Word, Excel, PowerPoint, Outlook, etc.); competency with report creation using CoStar and other industry standard sources; database and/or IT management experience are a plus.
 
Invest Atlanta is an Equal Opportunity Employer.  All qualified applicants, including but not limited to Minorities, Females, Disabled and Veterans are encouraged to apply.