HallKeen Management is seeking to hire a Senior Project Manager with at least 5 years of experience to assist the COO of Acquisitions and Development in acquiring, financing and renovating several affordable and mixed income multi-family properties typically ranging between 80- and 400-units using Tax Exempt Bonds, 4% LIHTCs and other affordable housing and tax credit finance tools.
Specific Duties and Qualifications:
The Project Manager’s tasks will include:
Assembling One-Stop applications for LIHTCs and grants
managing real estate acquisition and financing due diligence
modeling and projecting property operating performance, investment returns and IRR
analysis and presentation of investment opportunities to affiliated investors and 3rd party funding sources
representing HallKeen’s interests while managing third party general contractors as well as legal, design, environmental, permitting and engineering professionals/requirements
attending regular construction job meetings
processing and approving requisitions
ensuring that renovations are completed on time, on budget and in conformance with the Project Documents
projecting and managing construction draw schedules including construction loan interest calculations
complying with investor and lender requirements, including regular reporting through final completion and 8609s until all stabilization tests satisfied.
managing the transition of completed projects to the property managers and leasing staff
high level problem solving
This role will report to the Chief Operating Officer of Acquisitions and Development and will act as a liaison between HKM corporate, ownership, limited partners, agencies, lenders and construction vendors. This role requires reasonably advanced Excel modeling skills.
Qualifications required include at least a B.A. degree with 5 years of project management experience. Coursework in Real Estate Finance and Affordable Housing Acquisition and Development a plus. Experience in the Low Income Housing Tax Credit program is required. Experience in NC, VA, MD, NY and New England a plus. Skill set should include solid communication skills, strong knowledge of Excel and Word. Experience with MS Teams and asset management databases a plus. Candidate should have ability to work independently, multitask and prioritize.
Full time position offers a competitive benefit program to include Medical, Dental, Vision, Health FSA, Dependent Care FSA, Short-Term Disability, Long Term Disability, Life Insurance, Home and Auto Discount program, Vendor Discount Program, 401(k) with matching contribution, Accrued Vacation, Sick, and Personal time and Paid Holiday Benefit.
We're a leading property management company with 30 years of experience in multi-family, assisted living, and mixed-use properties. Our expertise is in the acquisition, development, and/or management of affordable, conventional and mixed-income housing. Clients choose HallKeen to expertly manage lease-ups, new construction, tax credit conversions, stabilized properties and more. Our corporate office is located just 25 miles south of Boston in Norwood, MA.