Deputy Chief Real Estate Investment Officer - Denver Housing Authority : Job Details

Reports to the Chief Real Estate Investment Officer (“CREIO”) and is a key part of the Real Estate Investments (“Real Estate”) management team. Partners closely with the CREIO to manage and oversee Real Estate operations, including implementation of Strategic Plan goals and development of policies, procedures, and investment priorities and mechanisms for real estate development, acquisitions, dispositions, financing, marketing, and partnership activities for the Housing Authority of the City and County of Denver (“DHA”). Interfaces with the Board of Commissioners and other DHA staff in financial planning, asset management, and strategic goal setting. Supervises select Real Estate staff. Establishes and maintains both internal and external relationships, including communications with government agencies, community stakeholders, residents, vendors, financial partners, and various associations for the execution of DHA's real estate investment strategic goals. Supports the CREIO to maintain accountability for the operations and performance of the following areas of development: planning, design, financial structuring, capital deployment, market research and analysis, horizontal and vertical construction management, and evaluation of technical information to determine feasibility and economic impact of proposed projects and partnerships.

• $112,891.75 to $141,115.03
• Hybrid Schedule Option

• Provides management support to the Real Estate team, which includes but is not limited to project management, financing, design, construction management, and marketing.
• Recommends and executes on capital investment policies and objectives; sources debt, equity, and capital grants to support the activities of the real estate portfolio; establishing portfolio level financial benchmarks; and manages financial and development consultants in making investment decisions for the portfolio and accurately reporting to the CREIO.
• Implements and monitors all aspects of DHA's real estate development projects including, but not limited to, assembling property, financing and pro forma financial documents and is responsible for the timely completion of projects within the scope of the development plan.
• Coordinates multi-disciplinary project teams comprised of senior staff members from various departments for the review, approval and implementation of real estate projects and may include DHA consultants or other external entities.
• Establishes and implements goals and priorities for each real estate development project and plans, schedules, and coordinates the work activities through completion with the project team.
• Monitors the status of projects through all phases by regularly communicating with project team members and the CREIO.
• Conducts problem and conflict resolution with other agencies, developers, design professionals and owners with respect to project related issues, including, but not limited to, codes, ordinances and professional standards.
• Delegates responsibility to appropriate subordinate staff.
• Assigns and distributes work to direct subordinates, reviews work for accuracy and completion, and returns assignments with recommendations for completion.
• Formally evaluates the work of direct subordinate staff.
• Documents cause for disciplinary action of subordinates and initiate formal recommendations for disciplinary action.
• Helps the CREIO to develop the annual department budget and track actual expenditures at regular intervals throughout the year.
• Establishes and maintains linkages with various city, state and federal agencies, community groups, and the public to address complaints or inquiries or regarding DHA development requirements, policies, and procedures.
• Conducts off-site physical inspection of real estate development projects, acquisitions or dispositions.
• Drives to various off-site locations.
• Attends meeting and strategy sessions to remain informed of DHA programs and activities, as well as other governmental programs and activities.
• Establishes goals and objectives of the department; identifies required resources and develops plans for carrying out the work in a timely and efficient manner. Monitors and evaluates progress to ensure that project(s) and policies are being implemented and adjusted as necessary to accomplish the agency's mission.
• Works with Human Resources staff to implement personnel policies to ensure accomplishment of the agency's goals through effective recruitment, selection, training, performance appraisal, recognition, and corrective/disciplinary action; maintains effective employee relations and complies with agency and federal regulations, policies and practices.
• Daily attendance in the office and off-site locations.
• Performs any other duties as assigned by the CREIO.
• This list is not intended to be inclusive and may be expanded.

• Sick leave is accrued at 6 hours per month.
• Vacation leave for new employees is accrued at 8 hours per month.
• 12 paid holidays per year with an optional paid day off.
• Health insurance and 125 Plan.
• Group life insurance, pension plan (equal to 10% of the annual salary), short term and long-term disability insurance are paid by DHA.
• Dental plan, vision insurance, critical illness insurance, accident insurance, 457 pension plan and the ROTH IRA are employee paid options.
• Performance based merit increases and cost of living adjustments are given depending upon current policy.

• Four-year degree in business or public administration, urban studies, urban planning, finance, architecture or related field.

• Five years' experience in real estate development at senior project management level or higher.
• Two years' experience in a management or supervisory capacity.
• Requires demonstrated expertise in tax credits, bond financing, and loans.
• Requires demonstrated expertise in real estate development.
• Requires demonstrated expertise in land use entitlements.

• A valid Colorado driver license is required. A good driving record must be maintained in accordance with the personnel policy.

• Thorough knowledge of local government as it relates to real estate development.
• Thorough knowledge of county, state, and federal laws, rules and regulations pertinent to development. Knowledge of HUD Rules and regulations helpful.
• Mixed Finance/Mixed Use finance experience desirable.
• Communicates information and expresses ideas and facts to individuals or groups effectively, taking into account the audience and nature of the information, makes clear and concise oral presentations, listens to others, attends to non-verbal uses, and responds appropriately.
• Expresses facts and ideas in writing in a succinct and organized manner that is appropriate for context, time and place.
• Identifies and analyzes problems, uses sound reasoning to arrive at conclusions, finds alternative solutions to complex problems, and distinguishes between relevant and irrelevant information to make logical judgments.
• Makes sound, well-informed and objective decisions, accurately perceives the impact and implications of decisions.
• Ability to effectively plan, organize, implement, and monitor multiple assignments and/or projects and tasks from inception to completion, with minimal or no disruptions/problems.
• Deals calmly and effectively with high stress/high pressure situations (for example, tight deadlines, hostile individuals, emergency situations, dangerous situations).
• Inspires, motivates, and guides subordinates towards goals; coaches, mentors, and challenges staff; adapt leadership style to various situations and model high standards of honesty, integrity, trust, openness, and respect for others by applying these values daily.
• Open to change and new information, adapts behavior and work methods in response to new information, changing conditions, or unexpected obstacles, and effectively deals with ambiguity.
• Is thorough when performing work and conscientious about attending to detail.
• Determines objectives and strategies, coordinates with other departments of DHA to accomplish goals, monitor and evaluate the progress and outcome of plans and projects, and anticipates potential threats or opportunities.
• Displays high standards of ethical conduct and understands the impact of violating these standards on DHA, self, and others, chooses an ethical course of action, and is trustworthy.
• Establishes and maintains constructive and cooperative interpersonal relationships with senior staff, peers, higher-level managers, staff of other organizations, vendors, consultants, and stakeholder groups, shows understanding, courtesy, tact, empathy and concern.
• Ability to deal with people who are difficult, hostile, or distressed; relates well to people of diverse background and situations and is sensitive to individual differences. Adapts approach to different people and situations. Sensitive to cultural diversity, race, gender, and other individual differences in the workforce and manages workforce diversity.
• Minimizes confrontations, disagreements, complaints and grievances and resolves them in a constructive manner. Works with senior staff, higher-level managers, peers, staff of other organizations, vendors, consultants and local stakeholder groups to generate areas of agreement and joint action.
• Plans, administers, allocates, negotiates, and monitors revenue and/or expenditures to ensure cost-effective management of project.
• Sets goals and takes initiative in implementing ideas, systems or policies related to agency development projects. Manages time efficiently, encourages feedback; and invests in self-development.
• Develops and retains a diverse workforce for the department; promotes teamwork, acceptance and productivity among persons exhibiting cultural, ethnic, gender, and other individual differences.
• Identifies and understands economic, political, and social trends that influence, affect, or have a significant impact on the department, or the agency's policies and/or programs and acts appropriately.

• Standing: Remaining on one's feet in an upright position.
• Walking: Moving about on foot.
• Sitting: Remaining in the normal seated position.
• Driving: Moving body parts for automobile operations.

• Lifting: Raising or lowering an object weighing 10-25 pounds.

• Far Acuity: Ability to see clearly at 20 feet or more.
• Near Acuity: Ability to see clearly at 20 inches or less.
• Accommodation: Ability to adjust vision to bring objects into focus.

• Mathematical Reasoning
• Memorization
• Oral Comprehension
• Written Comprehension

Must follow U.S. Department of Housing and Urban Development (“HUD”) rules and regulations and the Housing Authority's policies and procedures. Requires skill in understanding and interpreting guidelines and regulations and following through in their application. When decisions are made that are not covered by guidelines, will consult with the Chief Executive Officer; new guidelines will be developed, or a decision will be made based on the circumstances and experience.

Solves problems related to Real Estate and development activities and any other areas of responsibility.

Full responsibility for real estate development projects. Makes recommendations regarding overall program and project priorities.

Employee is delegated responsibility and authority over specific work functions, receives direction as to objectives, priorities and deadlines. Exercises high degree of initiative, judgment, discretion and decision making in carrying out the work function.

Supervises: Real Estate staff, including but not limited to the Senior Development Program Managers and Development Program Managers.

Primarily an office environment, however, subject to varying and unpredictable situations and required to visit off-site locations to inspect real estate and/or monitor various aspects of development projects. High degree of stress due to long irregular hours, high volume of work, high volume of phone calls and numerous interruptions.

Chief Real Estate Investment Officer

You may apply for this position in one of the following ways:

• by faxing your application and/or resume to (720) ###-#### or
• by emailing your application and/or resume to [email protected]