Holladay Ventures' core focus is affordable/workforce housing development utilizing a broad array of financing strategies including tax credits, tax-exempt bonds, local grants, HUD programs, and conventional debt/equity. Our company’s mission is to create quality, attainably priced housing opportunities and provide resident services that educate, engage, and empower the residents who live in our communities.

The Director of Real Estate Development will manage the development team at Holladay Ventures while supporting the CEO in sourcing and developing Affordable/Mixed Income Multifamily projects in Tennessee. You will be leading your own markets, sourcing deals, and leading a team of development analysts. The successful candidate will have excellent organizational, communication, presentation, and interpersonal skills.

This position has a high potential for growth in a fast-paced, fun, and entrepreneurial setting with competitive base pay, bonuses and potential for equity.

Responsibilities

• Provide overall support to the CEO in order to manage the broad aspects of project development, including feasibility, finance, zoning/land use, design, construction, and leasing
• Responsible for assembling and managing all members of a development team
• Analyze and review the market, zoning, and site information through direct investigation and third-party consultants.
• Develop planning for the successful development of multi-family projects, which would include preliminary financial analysis, Pro-forma modeling of new developments, and opportunistic investment strategies
• Research and lead in developing new deals for the pipeline: Zoning Research/Applications for Zoning Changes, Variances, Easements, Special Exceptions.
• Build relationships with City Council members, Mayors, and other City Leaders
• Lead in the submittal of applications for funding sources as needed including Low‐Income Housing Tax Credits (LIHTC), Tax Exempt Bonds, Payment In Lieu Of Taxes (PILOT), local resources, Federal Home Loan Bank AHP, etc.
• Project manage third-party consultants– market study, preliminary architecture, survey, environmental, etc.
• Develop and maintain client relationships with nonprofit community development corporations, public housing authorities, community action agencies, and other community developers
• Oversee due diligence required for various third parties, lenders, funders, and equity investors
• Manage closings for complex real estate transactions
• Work with loan and equity partners to get a permanent loan converted at the stabilization of the property
• Acting as an Owner’s representative, maintaining communication and interface with all relevant parties including public agencies, community groups, and joint venture partners.

Qualifications

Education: Bachelor’s degree in Business, Finance, Sales or related field required or an equivalent combination of education and experience.

Experience: 4-5 Real Estate Development experience required, LIHTC: 5 years (Preferred), Multifamily development: 5 years (Preferred), Project management: 5 years (Preferred), Certified project manager preferred. Deal origination experience a plus.

Functional Competencies: Written and verbal communication, Business/financial acumen, Real Estate Acumen, Team building, cooperation, collaboration, negotiation, Project management, Critical thinking, Analysis, Prioritization, Organization.

Our company values:

1. We have commitment to mission/passion about our work

2. We have fun

3. We do whatever it takes in every situation

4. We have integrity in all that we do

5. We create a complete “WOW” experience

We support the prosperity of communities by creating environmentally, socially and economically responsible projects that give greater opportunity to families who don’t currently have the support they need to thrive.

Resident Empowerment

We’re committed to building communities where our residents can thrive and realize their full potential.

Sustainability

We believe investing in a cleaner living environment and lower impact on the planet.

Innovation & Technology

To deal with the ever-rising cost of construction, we are actively seeking innovative solutions.

Unique & Quality Spaces

We are invested in creating spaces that our residents can be proud of where they call home.

Are Committed to Racial Equity, Diversity, and Inclusion

At Holladay Ventures, we believe in fostering a diverse and equitable environment. We are dedicated to facilitating an inclusive culture as we serve society with respect and dignity.

Job Type: Full-time

Pay: From $120,000.00 per year

Benefits:

• 401(k)
• Dental insurance
• Health insurance
• Paid time off
• Professional development assistance
• Vision insurance

Schedule:

• Monday to Friday

Supplemental pay types:

• Bonus pay
• Commission pay

Ability to commute/relocate:

• Nashville, TN: Reliably commute or planning to relocate before starting work (Required)

Experience:

• LIHTC: 5 years (Required)
• Underwriting: 5 years (Required)
• Deal Origination: 2 years (Preferred)

Work Location: In person

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