Director of Real Estate Development

About SINASINA is a multi-anchor partnership between CT Children’s Medical Center, Hartford Hospital and Trinity College. Its core program is to provide affordable homeownership opportunities to residents through renovation and new construction. SINA has built over 85 one- and two-family homes on former vacant lots or abandoned blighted buildings that house over 157 families. In addition, SINA owns and manages 82 rental units for low income families. SINA builds homes which are sold to low and moderate-income first-time homebuyers, many of whom are from or very familiar with the neighborhood. The majority of homes are built in the historic district of the Frog Hollow neighborhood of Hartford, CT, home to a vibrant and diverse community.SINA’s mission is to work collaboratively with community stakeholders to foster economic vitality and improve the health and quality of life of the people who live, work, visit, study, and play in the neighborhoods of South Central Hartford. In addition to building homes, SINA assists residents in applying for jobs at the anchor institutions through its Walk to Work program, encourages anchor employees to live locally through its Homeownership Incentive Program, and collaborates with residents to build a stronger community through clean ups, neighborhood hero murals, vacant lot beautification projects, scholarships, and other projects.OUR REAL ESTATE ACTIVITIESDirector of Real Estate DevelopmentThe Director of Real Estate Development will manage all aspects of real estate development and asset management for the organization. SINA owns a portfolio of 8 rental properties but the organization’s current focus is development of homeownership opportunities through acquisition and rehab of vacant properties and land. Specific responsibilities include:Property AcquisitionMaintain a project pipeline for future development work by acquiring properties through auction, foreclosure, or transfer through public entity (land bank or city of Hartford)Real Estate DevelopmentIdentify and conduct feasibility analyses of new projects and development opportunitiesAssemble funding packages for projects that include local, state, federal and philanthropic sources of subsidy or gap funding and construction loans from traditional and non-traditional lendersManage real estate transactions and closingsManage real estate professionals including but not limited to architects, environmental and structural engineers, accountants, construction managers, real estate agents, and legal counselCreate and manage project budgets and schedulesGuide projects through various regulatory processes including but not limited to planning and zoning, historic commission and board of appeals reviewsAsset ManagementOversee management companies of SINA-owned subsidized and unsubsidized occupied propertiesOversee Risk Management including purchasing insurance products for propertiesConstruction ManagementPrepare bid packages, oversee compliance with affirmative hiring and other requirements and guidelines governing construction of subsidized and non-subsidized housingSelect and manage construction teamManage process of paymentsOutreachAttend public meetings and meet with public officials as necessarySupport efforts to engage community residents in development planning.Desired Skills and QualificationsPassionate commitment to improving lives of low- and moderate-income households through the creation of quality housingExperience working and or living in diverse communitiesExperience managing residential real estate development projectsDemonstrable real estate transaction experienceOversight of one of more projects from start to finishExperience with financial analysis and management of project budgetsExperience working with contracts, loan documents, and/ or investment agreementsExperience and in-depth knowledge of construction contracting including construction of new buildings, rehabilitation of dilapidated buildings, historic rehabilitation, and energy conservationKnowledge of federal, state and local government grants/programs for housing developmentReal estate acquisition and management of occupied and unoccupied propertiesExcellent interpersonal, oral, and written communication skillsDemonstrated ability to lead teams to accomplish goalsAbility to speak Spanish a plusEducation and Experience:A college degree in a related field such as Business, Real Estate, Architecture, and Urban Planning or combined education and experience equivalent to five years' experience in housing development, real estate, construction, financing, or community developmentTo ApplyWe encourage all interested candidates to apply.

Applicants lacking a particular skill or qualification are encouraged to identify how their personal and professional experiences will support their success in meeting the job responsibilities. Interested applicants

can submit a resume and cover letter

to Logan Singerman: Lsingerman@sinainc.org.SINA is an equal opportunity and Affirmative Action employer. We encourage application from candidates from diverse backgrounds and cultures