Project Manager - Real Estate and Asset Mgmt

Project Home
Philadelphia, PA Full Time
POSTED ON 4/15/2024

Minimum Starting Salary: $84,544

The project manager is responsible for managing residential and commercial development projects through all phases of development, including preconstruction, closing, construction, and post-construction.

Essential Duties and Responsibilities

  • Prepare funding applications for development and operating subsidies, including low-income housing tax credits (LIHTC), to but not limited to the Pennsylvania Housing Finance Agency, the City of Philadelphia, the Philadelphia Housing Authority and Federal Home Loan Banks.
  • Prepare, manage and monitor project schedules and budgets.
  • Conduct feasibility analyses and due diligence for prospective projects.
  • Issue requests for proposals (RFPs) for real estate development services, including, but not limited to architectural, legal, civil engineering, survey, geotechnical, structural, environmental, energy consulting, capital needs assessment, market study, appraisal and commissioning services; review proposals.
  • Manage real estate development contracts.
  • Participate as member of project financial closing teams.
  • Participate in construction progress meetings and processing of construction requisitions and reporting to project funders.
  • Participate in building turnovers and project closeouts.
  • Prepare required submissions to project funders and assist with compliance monitoring.

The information contained herein is not intended to be an all-inclusive list of the duties and responsibilities of the job. Management may, at its sole discretion, assign or reassign duties and responsibilities to this job at any time.

Education and Experience Minimum Requirements:

Minimum Education and Experience:

  • BA or BS degree and five years real estate, project management or property management related experience; or an MA or MS and four years of related experience.
  • Knowledge of real estate development programs and finance.
  • Proficiency in Outlook and Microsoft Office Products (Word, Excel, PowerPoint and Project).

Preferred Experience:

  • Experience working for an organization serving persons who have experienced homelessness.
  • Experience working in low and moderate income and urban communities.
  • Experience with low-income housing tax credit and other affordable housing funding programs

Core Skills:

  • Ability to work collaboratively with public agencies, funders and development team members.
  • Exceptional organizational skills, ability to manage multiple projects at once while meeting critical deadlines; ability to prioritize tasks.
  • Flexibility; ability to think and work independently.
  • Excellent verbal and written communication skills.
  • Excellent interpersonal skills to work collaboratively with all levels of staff and across all departments and locations.

Physical requirements:

  • Sedentary work that primarily involves sitting and standing.
  • Travel to and from prospective and actual development sites.
  • Site visits to construction sites may involve exposure to noise, dust, construction debris and construction related activities.

Project HOME provides equal employment opportunities to all employees and applicants for employment, without regard to race, color, religion, age, sex, sexual orientation, gender identity, national origin, disability status, protected veteran status, genetic information, or any other characteristic protected by federal, state, or local laws. Project HOME prohibits discrimination and harassment of any type.

Salary.com Estimation for Project Manager - Real Estate and Asset Mgmt in Philadelphia, PA
$111,810 to $145,902
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