Senior Project Director, Acquisitions and Strategies (JR 4277) - Urgent Hire

JR 4277
Senior Project Director of Acquisitions and Strategies
Los Angeles, CA 90004
Salary: $117,333.00 to $146,667.00 per year
Pay Frequency: 24 Pay Periods Per Year
Full Time
Exempt
Driving Required

Hybrid Remote position within one of these 5 counties:

San Jose, Santa Barbara, Los Angeles, Long Beach or San Diego

PATH Ventures is seeking candidates passionate about helping others make a positive change in their lives to join our Real Estate Development team as the Senior Project Director of Acquisitions and Strategies at one of the 5 Office locations above.

ABOUT PATH VENTURES
PATH Ventures is a statewide leader in the development of affordable and supportive housing communities. Recognizing that homelessness is fundamentally a housing issue, PATH, one of the largest homeless services providers in California, created PATH Ventures in 2007. Since its creation, PATH Ventures has completed 27 residential projects and is on track to have a total of 44 residential communities in the next several years.

ABOUT THE JOB
As part of the Real Estate Development, the Senior Project Director, Acquisitions and Strategies participates in real estate development activities of PATH Ventures. The Senior Project Director leverages their skills and experience in affordable housing best practices to take a leadership role in the creation of Housing First communities for the formerly homeless.

Position Responsibilities:

• Oversee overall progress of projects in terms of budgets and timelines.
• Work closely and effectively with PATH supportive services team to create supportive service plans and agreements, define each project's target population and unit mix, and incorporate design recommendations.
• Support junior real estate development staff to be effective and technically excellent.
• Build and maintain positive and effective relationships with external partners, including banks, investors, government lenders, and consultants, such as general contractors, architects, and others.
• Maintain a working knowledge of significant developments and trends in the field.
• Work with the Chief Housing Officer to report to the Project Review Committee and Board of Directors on the progress of development projects and to request approval of new projects.
• Work with the Chief Housing Officer to advocate for policies, programs and funding that support and expand permanent supportive housing.
• Support and create departmental policies and procedures that promote high quality products and an effective work environment.
• Serve as an articulate, visible, and effective spokesperson for the organization and its projects.
• Work with departments at PATH in furtherance of PATH Ventures real estate projects and to define procedures and processes that facilitate the organization's work

• DEPARTMENT/PROGRAM SPECIFIC JOB FUNCTIONS
• Oversee acquisitions: develop an acquisition vetting system, assist finance team in projecting future number of acquisitions for cash flow, develop relationships with real estate professionals, develop relationships with other developers to joint venture.
• Strategies: develop creative acquisitions where we buy, entitle, and sell properties (like Alvarado), understand and implement the development of affordable housing (non-PSH, "homeless prevention" housing), perhaps develop market rate workforce housing (and then sell it).
• Long term strategies: Create new "business" sectors for PV—i.e., affordable housing development, acquisition/rehab, etc

WHAT YOU BRING
We're looking for candidates with:

• Analytical Skills and Attention to Detail: Gather and interpret data, identifying trends, patterns, and insights to inform decision-making. Ability to consistently produce high-quality work, ensuring accuracy and precision in all tasks.
• Collaboration and Teamwork: Work effectively with others, seeking out and building positive working relationships with colleagues, participants, and stakeholders. Work effectively with others, contributing to team goals and recognizing the strengths and contributions of others.
• Communication: Convey information clearly and effectively (both verbally and in writing) to individuals and groups in a manner that informs, engages and maintains their attention.
• Creativity and Initiative: Take action and make decisions without being prompted, demonstrating a proactive approach to work and a willingness to take on additional responsibilities. Think outside the box, generating innovative solutions to problems or challenges.
• Critical Thinking and Problem Solving: Analyze and evaluate information and situations, identify key issues, consider alternatives, and make logical decisions based on sound reasoning that will achieve the desired outcome.
• Ethics and Boundaries: Maintain ethical and professional standards, demonstrating honesty, integrity, and a commitment to doing the right thing in all situations while maintaining professional boundaries.

PREFERRED QUALIFICATIONS

• Bachelor's degree in a related field.

MINIMUM QUALIFICATIONS
To be considered for this position, we require all candidates:

• Four (4) years of experience or combination of experience and relevant education, in housing development, business, finance, urban planning, or a related field, preferably in a non-profit, government agency or private financial institution.

MANDATORY REQUIREMENTS
Regardless of qualifications, candidates must:

• Have employment eligibility verification
• Have or be able and willing to obtain CPR/First Aid training
• Successfully complete the following as a condition of hire:
  • Tuberculosis Test
  • Background Screening
  • Drug Test

DRIVING
Driving is an essential function of this position. To meet the employment requirements for this role, all candidates must:

• Have reliable transportation
• A valid driver's license
• Proof of insurance and ownership for personal vehicles used during work duties
• The ability to qualify for PATH's insurance coverage