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MBL HOUSING AND DEVELOPMENT

Senior Real Estate Development Consultant
MBL is seeking a detail-oriented, driven and experienced development professional to join our team as a Senior Consultant. Reporting directly to our President, this individual will provide real estate finance and development expertise to clients seeking to build, redevelop, and finance community based assets, with a primary focus on tax-credit financed affordable housing.

This is a fantastic opportunity for a seasoned affordable housing development professional looking to be an integral part of our business expansion. Candidates must have senior level real estate development experience, plus a commitment to affordable housing, community development and Western Massachusetts. This individual will ensure quality performance and outcomes, serve as a dynamic representative for the organization, and fully represent MBL’s mission. The consultant would be expected to reside in Western Massachusetts, although flexible work arrangements will be considered.

Key Responsibilities

Evaluate and recommend development projects and consulting opportunities

Conduct project feasibility analysis 

Secure funding commitments for projects, including pre development, interim financing, permanent debt, equity investments, and public or private subsidies 

Establish and maintain positive relationships with local and state agencies, private parties, other non-profit organizations, or other entities necessary to complete projects 

Create, monitor and manage project budgets 

Lead development teams, collaborating with and overseeing legal, design, construction and other team members 

Coordinate permitting, zoning and environmental review for projects as required 

Obtain required public approvals for projects 

Coordinate closings 

Oversee project design and construction and prepare requisitions for funding 

Oversee market studies, marketing and lease-up activities, and 

Ensure compliance with contracts, reporting requirements, and close-out of projects. 
 

Our Ideal Candidate

Our ideal candidate will have experience with development of mixed-finance transactions, plus an ability to successfully drive and close these transactions. Successful candidates must have ability to manage all elements of a project, from creating a successful application for tax credits to managing construction and lease up. They should have many of the following skills and experiences:

At least 7 years of experience in real estate development 

B.A., Master's degree in real estate, planning, business or a related field preferred 

Skilled in transaction structuring of affordable housing finance, including LIHTC

Strong budget development and financial management skills using public and private financing 

Experience with large scale residential real estate development

Understanding of regulatory issues and permitting processes

Demonstrated experience managing a development team and client relationships

Creative problem-solving skills, including critical decision-making and ability to manage complex tasks without direct supervision

Established relationships with funders, developers, architects, lawyers, contractors, and others associated with affordable housing development in Massachusetts preferred 

Ability to manage multiple projects simultaneously 

Strong oral and written communication skills 

Facility in word, excel, and electronic communications 

Good judgement, including an ability to identify projects and make quick decisions on the likelihood of project success 

An entrepreneurial spirit, and 

A commitment to supporting community based nonprofits and service agencies in the production and preservation of high quality housing and community facilities. 

A commitment to supporting community based nonprofits and service agencies in the production and preservation of high quality housing and community facilities.

The Selection Process 
Please send a resume and thoughtful cover letter, outlining your salary requirements and how your skills and experience meet the qualifications of the position, and stating how you heard about this position to:

MBL Senior Consultant Search, Ann L Silverman Consulting, MBLSeniorConsultant2017@gmail.com

All applications will be reviewed and acknowledged when they are received. MBL seeks to hire a Senior Consultant by the end of fall 2017. We offer a competitive salary and benefits package, including opportunities for incentive compensation.
 

MBL Housing and Development (MBL) is an established real estate development consulting firm located in Amherst, MA. For more than 20 years, MBL has made an impact on the production and preservation of affordable housing and community facilities in Massachusetts and elsewhere. MBL is operated by a team of dedicated real estate development professionals from our home base of Western Massachusetts.

OUR BUSINESS MODEL

MBL provides affordable housing development, financial feasibility analysis, development packaging, project management, and market analysis services to housing and economic development projects, including many in Western Massachusetts. We partner with for-profit and non-profit project sponsors. MBL resolves complex development problems, and secures debt and equity financing. We form strong partnerships with our clients.

MBL is a limited liability company. MBL became an affiliate of Way Finders, a housing services nonprofit located in Springfield, MA, in July of 2015. Way Finders is the sole member of MBL, LLC. MBL will continue to maintain its own identify, its own office, and its own leadership and staffing structure. Through its relationship with Way Finders, MBL will benefit from access to a stable source of operating capital. This collaboration will also enable MBL to further expand opportunities and relationships with an increased number of nonprofit development and property management partners.

MBL and Way Finders are equal opportunity employers. We encourage applications from candidates from diverse backgrounds and cultures.