Vice President of Real Estate Development

Vice President of Real Estate Development

PAY RANGE/GRADE: Commensurate with experience/ Grade 11

The Vice President of Real Estate Development plans, directs and controls the operations and supervision of the Housing Development department, and all real estate development activities, as well as the Technical Assistance – Community (TACOM), Small Accessible Repairs for Seniors (SARFS) and CHOO programs. In all instances the Vice President of Real Estate Development must perform in accordance with and be committed to the Bickerdike mission.

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable persons with disabilities. While performing the duties of this job, the employee is regularly required to stand, walk, climb stairs, use hands, reach with hands and arms, bend, lift and or move up to 25 pounds.

• Provide direct supervision, evaluation and direction to Development Project Manager(s), Construction Project Manager(s), SARFS and TACOM Program Administrator and other staff, as applicable. Carry-out the recruitment, screening, training and orientation of new staff ensuring adherence to all company directives as delineated in the manual of operations and policies, and elsewhere.
• Oversee and manage Bickerdike’s real estate development department and all its real estate projects and initiatives and ensure all projects are consistent with the organization’s mission and community development perspective and comply with Bickerdike’s design and operations priorities.
• Coordinate, oversee and carry out the management of housing development projects and the development process from conception to completion, including but not limited to: project formation and formulation, selection and assembly of development team, government approvals, architectural design, project financing, pre-construction, closing, construction oversight, project completion and turnover, and all related compliance.
• Evaluate, initiate and oversee new housing development opportunities including but not limited to: consistency with Bickerdike priorities, evaluation of potential sites to determine feasibility, negotiation of purchase agreements, exploration of financing for new projects, securing predevelopment financing, and obtaining the necessary approvals.
• Facilitate and ensure meaningful opportunities for community involvement throughout the housing development process. Ensure that the public is adequately informed of and involved in Bickerdike’s development activities in coordination with other Bickerdike departments as appropriate.
• Oversee, ensure and carry out financial analysis and pro-forma preparation for all housing development projects, ensuring their financial feasibility, long term fii1ancial success and sustainability.
• Coordinate, oversee and ensure the negotiation, preparation and execution of all legal documents and contracts, in coordination with the Chief Executive Officer (CEO).
• Oversee and ensure all required insurance coverage is communicated and secured, including accurate information on type of insurance, required limits, additional insured’s and certificate holders, and transfer of buildings from builders risk coverage to regular property, general liability and other insurance coverage, in coordination with the Chief Operating Officer (COO) or other responsible party.
• Oversee and ensure the CHDO, SARFS and TACOM programs, including but not limited to: application submission, finalizing program work plans and City of Chicago delegate agency contracts, ensuring the completion of the program goals, and submitting necessary documents and reports. Coordinate program vouchering process with the Accounting Department.
• Develop, direct and oversee short and long-term planning for the Housing Development department in consultation with the CEO, as appropriate, and ensure plan implementation with staff through regular supervision and departmental meetings.
• Staff the Rockwell Community Development and BRC Affiliate Board meetings, ensuring all required…