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Development Coordinator

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Cary, NC

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This position is located in the Development Division and will be directly responsible to the Vice President of Development. The duties and responsibilities of this position will include the following:

Prepare detailed project economic analyses for proposed developments in order to determine the feasibility of various development concepts.

Assist in the preparation of finance packages for conventional lender consideration as well as HUD Mortgage Insurance Applications for both senior living and market rate apartment developments.

Coordinate and conduct preliminary market research of prospective properties that are under consideration for future development opportunities.

Develop and maintain Development Business Plan to track current and future development opportunities.

Prepare Development Meeting Agendas as well as Focus Property Reports for bi-weekly meetings.

Assist Development Division staff in certain aspects of project conception, design and approvals, including planning, design and permitting. Interface with various governmental agencies that may be part of the overall entitlement process.

Aid in preparation of Development Presentation Booklets, which are used to present proposed developments to land owners and/or municipalities for preliminary consideration.

Assist in the “close-out” of completed developments, including interface with various governmental agencies, in order to procure guarantees that have been posted with those governmental agencies for the satisfactory completion of the developments.

Oversee the processing of Development Division and local office invoices using Yardi software, as well as track against annual budget forecasts

Oversee property management of local office building including the following:

a) Coordinating office services such as phone/internet/cable, copier contract, postage meter service, security, newspaper subscriptions, janitorial service, recycling, pest control, building signage, and plant care services

b) Scheduling regular building maintenance such as HVAC seasonal servicing, gutter cleaning, power washing, backflow inspections, fire extinguisher inspections, as well as miscellaneous repair needs as they arise

c) Interfacing with POA (Property Owners Association) for common area needs

d) Promptly resolving and responding to tenant requests

e) Marketing and advertising available office space, showing suites to interested prospects, negotiating lease terms and coordinating tenant improvements and unit turns for new tenants as needed.

11.Support locally owned and managed properties that are not under Operations with maintaining tenant lease agreement obligations, property maintenance and improvements, and any other miscellaneous needs as they arise.

12. Prepare Certificate of Need applications with supporting documentation, as well as corresponding Progress Reports after certificates are awarded as needed.

13. Fulfill Notary Public requests as needed.

Other duties may be added to the position as workloads and company priorities may dictate.

Bachelor or Master degree in Business, Urban Planning, Engineering, Landscape Architecture, Real Estate Development, or related field that provides an acceptable educational foundation required to successfully perform the responsibilities above.

At least 3 years of experience that demonstrates the ability to successfully perform the responsibilities listed above.

Proficient in Word, Excel, PowerPoint and Adobe Acrobat.

Exceptional analytical and communication skills.

Self starter, with the ability to efficiently manage time and prioritizing tasks with adaptability to needs of the business.

Ability to successfully perform on many simultaneous projects at once.

Ability to be organized, detail-oriented and to work effectively in a fast-paced environment.

Ability to work independently with limited supervision.

Intellectuallly curious and interested in developing their career.

Some travel is required.

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