Real Estate Development Associate Jobs in Tennessee

Holladay Ventures is seeking a high-performing, technology-forward Real Estate (LIHTC) Development Manager in Nashville, TN.

The Real Estate (LIHTC) Development Manager will take on a diverse range of responsibilities, combining analyticalexpertise, project management, and deal sourcing. This position requires a blend of strategic thinking, financial acumen, and adaptability. The ideal candidate will haveLIHTCexperience and will prioritize immediate HolladayVenturesneeds, followed by financial analysis, project management, and deal sourcing.

The Real Estate Development Manageris responsible formanaging the entire development process including feasibility analysis, acquisition, deal structuring, design development, financing, public approvals, construction, and close-out. This position involves teamwork, collaboration with colleagues including other real estate development staff andHolladay Ventures'Land Acquisition, Design and Construction Management, Accounting and Asset Management staff, and with third-party consultants such as legal and design professionals.

Holladay Ventures is anationallyaward-winning real estate development company who specializes in developingimpact-driven affordablehousing solutions that are not only intentionally designed but also make a positive difference in the lives of residents and the environment.

Salary Range:$90,000 - $100,000 + BonusStructure

Qualifications

• Bachelor'sdegreerequired.

• 4-6years ofnew constructionmultifamily development experience,at least 3 years of experience inLIHTC.

• Experience with all aspects of the real estate development process, from acquisition and financing through design and construction to stabilization.

• Experience with complex, multi-layered real estate financing, preferably with the Federal Low Income Housing Tax Credit Program and affordable housing loan products.

• Knowledge of land use, public financing, and real estate development regulations.

• Experience in applying for LIHTC funding and general grant writing

• Applicantmust be comfortable with public speaking and community presentations.

• Experience managing developments under deadlines thatrequiredthe organizing of multiple tasks andobjectives.

• Applicantmust have skills and experience in negotiating acquisitions and financing commitments.

• Proficiencywith Word and Excel isrequired;proficiencywith MS Project and PowerPoint is preferred.

• Good decision-making skills, judgment, and ability to solve problems

• Detail oriented and task driven
  

Key Responsibilities

• Perform detailed financial analysis and modeling.

• Analyze potential properties to purchase, including producing proformas and creating written project documents,coordinatedue diligence activities,analyzethe rental sub-market, and generallysupportthe VP of Development.

• Assistin negotiating potential LOI andpurchasecontracts with land sellers or brokers.

• Work with team members to prepare responses to requests for proposals and solicitations for bids by collaborating on the creative concept, analyzing the economics and financingstructureand preparing proposal materials.

• Prepare development budgets andpro formaoperating budgets and manage the development budget throughout the development process to ensure balanced sources and uses, and achievement ofHVrevenue goals.

• Manage the entitlement/zoning andpermittingprocesses, and related community input and approval processes

• Manage andmaintaindevelopment schedules to ensuretimelycompletion of developmentmilestonesincluding closing.

• Work closely with design and construction managementstaff, third-party designprofessionalsand general contractors to generate and refine development plans to produce high quality communities that are both responsive to the needs of our residents and communities and are financiallyfeasible.

• Attend construction progress meetings. Review and approve development-related invoices and draws including change orders.

• Monitormarketinglease-up process to meet or exceed lease-up goals.

• Overseetimelycompletion of close-out process.

• Conduct thorough site assessments and due diligence toidentifyviabledevelopment opportunities.

• Create detailed project budgets, including cost estimates for land acquisition, design, construction, and other development expenses.

• Present findings and recommendations to senior management and stakeholders to inform decision-making.
  

Core Values & Ideal Attributes

• Proactive:Anticipatesneeds and takes initiative without being asked.

• Committed:Follows through with excellence and consistency.

• Strategic & Tactical:Thinks ahead while executing flawlessly.

• Integrity:Maintains confidentiality and ethical standards at all times.

• Forward-Thinking:Embraces change and continuouslyseeksbetter ways to work.

• Flexible & Adaptable:Thrives in a fast-moving, evolving environment.

• Emotionally Intelligent & Positive:Brings professionalism, resilience, and calm under pressure.