Overview

The Vice President of Development (VPD) oversees the first phase of the development function of BGC Development. The VPD is responsible for leading the Development Division in the creation of pipeline projects and the execution of BGC development projects. The VPD works with the overall BGC team to complete the due diligence of BGC projects from conception to project closing- on time, on budget, and at quality. The VPD provides leadership and knowledge of the market(s), management, problem solving, critical thinking skills and a team development approach in order to manage the Development team in a range of specific projects to grow the portfolio of BGC Development.

GENERAL DUTIES AND RESPONSIBITIES

  • Provide management and direction for BGC’s Real Estate Development Division
  • Provide leadership and support to staff assuring BGC’s core values are in place and subscribed to throughout the division
  • Conduct regular reviews with development staff to ensure growth and development
  • Develop and recommend appropriate policies congruent with the strategic direction of BGC

ESSENTIAL DUTIES

  • Drives the project pipeline and new development strategies to secure sites, obtain necessary entitlements, and meets the pipeline goals for the market
  • Collaborates with the overall BGC team to create each project vision and ensure the implementation and execution of the project details from the pre-development phase to the project closing
  • Collaborates with the team to create each project vision and ensure the implementation and execution of the project details from the pre-development phase to the lease-up of the project
  • Serves as a representative on the BGC Leadership Team
  • Ensures the LIHTC application due diligences and applications are submitted timely
  • Assist BGC leads to solicit and analyze pre-development proposals, contracts, and budgets
  • Ensures LIHTC and other funding applications are packaged accurately and timely
  • Keeps approved projects on track for the budgeted start date
  • Ensures seamless handoff of projects from development to construction to property management
  • Operates within the policies and procedures of the BGC development department
  • Works with Development staff and other BGC staff to ensure that all dashboards, reports, budgets, and proformas are accurate and timely
  • Establishes and maintains relationships with key market professionals and municipalities
  • Represents and promotes the BGC brand in public forums, trainings and industry events
  • Presents projects and/or capital requests to investment committee for approval
  • Other duties as assigned

QUALIFICATIONS

  • A bachelor’s degree or equivalent, ideally specializing in Business, Real Estate, Architecture, Landscape Architecture, or Urban Planning.
  • Significant applicable work experience in real estate development, investment, planning, or construction.
  • Experience with managing and negotiating deals / contracts.
  • A minimum of 5 years in demonstrated experience in working with Public Housing Authorities exemplifying knowledge of Public Housing regulations, Housing Choice Voucher regulations, Rental Assistance Demonstration regulations and policy, Asset Management and/or other specific industry knowledge as appropriate
  • Strong communication skills and comfortable with presentations
  • Ability to tend to detail and accuracy
  • Ability to organize, plan, and manage time effectively
  • Ability to read, analyze, and interpret financial reports, business, professional, and technical documents
  • Valid driver’s license
  • Must be able and willing to travel depending on project needs and locations

SKILLS/ABILITIES

  • Intent to make a long-term commitment to the organization
  • Willingness to understand the business context and think creatively to find solutions to business challenges
  • Willingness to do whatever level work internal clients require, from very basic to extremely complex
  • Prioritizes and manages competing and sometimes conflicting priorities
  • Highly effective in a close-knit organization
  • Willingness to work flexible hours and in a collaborative, dynamic, team-based environment
  • A proven track record of success in positions that required a strong mix of business skills, strategic thinking, and mature business judgment
  • Anticipates crises and problems
  • Displays curiosity and a passion for learning
  • Strong emotional intelligence and ability to build trust in a variety of relationships
  • Proactive, creative, and energetic

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About BGC Advantage

BGC Advantage is a real estate development company that partners with non-profit and for-profit entities to
acquire, create and rehabilitate affordable housing communities. We specialize in working with Public Housing Authorities to preserve and advance affordable housing through public private partnerships (RAD and Asset Repositioning). It is through these partnerships that we have the best opportunity to not only modernize and enhance aging public housing stock but also increase the number of available units to address the ever-increasing need. We currently have a primarly Southeast footprint of 13 states and are growing rapidly.