Associate Development Manager

ACRUVA Capital Partners (“ACRUVA”) is seeking an Associate Development Manager to join our team working from our Deerfield Beach, FL or San Juan, Puerto Rico office. ACRUVA is expanding its Affordable Housing multifamily portfolio through development of new multifamily communities throughout Florida and Commonwealth of Puerto Rico. The Development Associate plays a pivotal role in the organization’s mission to provide high-quality affordable housing for special needs populations. This position is an integral member of the Development Team and will work on all aspects of the development process at the direction of the Vice President of Development and in concert with the Finance and Acquisitions teams. The ideal candidate has 2-3 years of affordable housing development experience combined with academic background in real estate and development.

Key Responsibilities

• Assist senior development staff throughout the project development process, including project management organization, feasibility analysis, financing applications, due diligence, vendor procurement, permits and entitlements, construction and closing coordination.
• Research land development and zoning codes, local entitlement and building permit processes and other public approvals.
• Perform project analysis during the pre-development phase (i.e. rent/income rates and trends, construction cost, operating expenses, occupancy rates, utility provider and allowance information, etc.)
• Assist in developing and refining project budgets and critical path timelines.
• Solicit and assess proposals for various professional deliverables, including but not limited to, Architect and General Contractor RFQ/RFPs, surveys, geotechnical reports, market studies, appraisals, environmental reports, specialty engineering contracts, etc.
• Coordinate and complete due diligence items and manage closing checklists with various financial partners on assigned developments.
• Coordinate project reporting and update project tracking software and various databases.
• Regular calls and communication with vendors, contractors and banks to obtain adequate information as source documentation for audit records. Provides supporting documentation for financial audits and other financial reviews as needed.
• Cost Certifications: Support cost accountant and auditors in preparing cost certifications for new or rehabilitated housing projects and assist with funder financial reporting requests.
  
  

Requirements

Education & Experience:

• Must have proficiency with Microsoft Excel, Word and Power Point with the ability to learn and implement new software and technologies quickly.
• A minimum of 2-3 years of experience is required in affordable housing real estate development and/or project management in a discipline such as planning, civil engineering, architecture, construction, land development or another related field.
• Must possess a strong interest in real estate development and affordable housing mission driven objective to learn and a tireless work ethic.
• Must be able to utilize creativity and resourcefulness to resolve issues that arise during the development process.
• Must be a team player with the ability to build and maintain relationships and rapport with local governments, vendors, industry professionals and your peers throughout the organization.
• A master’s degree is preferred but a bachelor’s degree with experience in civil engineering, entitlements and permitting, construction, urban planning or architecture will be considered.
  
  

Skills & Attributes

• Strong problem-solving skills with a detail-oriented approach.
• Ability to handle multiple priorities, meet deadlines, and manage complex tasks with minimal supervision.
• Excellent communication skills and ability to collaborate with different departments.
• Highly organized with a proactive mindset to identify and propose solutions.
• Ability to work effectively in a diverse, multicultural team.
  
  

Mindsets

• You thrive on problem-solving and don’t rest until questions are answered.
• You are meticulous and take pride in getting details right.
• You seek continuous improvement and enjoy streamlining processes.
• You manage multiple tasks calmly and prioritize effectively in a dynamic environment.
• You excel in entrepreneurial settings, staying resourceful amid ambiguity and change.
  
  

Work Location: Position is in Deerfield Beach, Florida.

Benefits: Full Benefits

Schedule: 5-day work week. Position is Full-Time / Exempt status.

Compensation: Company provides competitive salary (based on experience)

Equal Opportunity Statement ACRUVA Capital Partners LLC is committed to fostering an inclusive and welcoming environment. We do not discriminate based on race, color, religion, gender, age, national origin, disability, marital status, sexual orientation, military status, or any other characteristic protected by law.