Senior Vice President, Development

Locations: Lansing, MI; Detroit, MI; Grand Rapids, MI; Chicago, IL; Madison, WI; Remote within Cinnaire's Footprint

Role Summary

The Senior Vice President, Development is responsible for leading and driving development work for all Cinnaire's three priority city markets and other areas of focus. The SVPD works closely with the President of Cinnaire Solutions and other Cinnaire Business Leaders on all matters related to the organization's real estate development work and manages and coordinates the implementation of development projects. A primary role of the SVPD is to grow talent of the diverse and skilled team throughout its multistate geography.

What You'll Do

Maintain track record of successful project completion on or ahead of schedule, on budget, with maximum financial return, highest quality, and greatest community impact, including effective communication and management of third-party teams
Demonstrate resourcefulness and strategic thinking to overcome obstacles and secure appropriate resources
Work with President and CSC Board to set strategic direction
Conduct excellent analysis and problem-solving with superior accuracy, organization, and attention to detail
Negotiate and collaborate with external partners using strong negotiation and collaboration skills
Lead, inspire, and support highly effective teams of professionals
Build excellent relationships and maintain customer service orientation that leads to sustainable and mutually beneficial external partnerships
Support and lead Cinnaire's 5-year strategic plan, balancing growth, profit, and mission with focus on impact and sustainability
Support, train, and grow talent on the team including development managers, development associates, asset manager, and design development specialist
Serve as point on soliciting and maintaining debt and equity relationships, including capital sourcing for the development pipeline
Oversee timely and efficient progress on projects and work closely with development partners toward successful and profitable completion
Provide leadership, guidance, and support to teams of highly skilled consultants, architects, general contractors, attorneys, accountants, and other consultants
Support project packages for investors, lenders, and public financing, including project grants
Lead or pilot new development opportunities, particularly in Wisconsin

Required Qualifications

Prior experience developing real estate with successful completion of a minimum of six representative developments demonstrating competencies in sourcing, shaping, funding, constructing, and stabilizing real estate transactions
Experience developing feasibility analyses, creating and managing pro formas, monitoring project budgets and timelines
Knowledge of real estate development best practices related to multi- and single-family affordable housing development and innovative neighborhood planning and community revitalization strategies
Experience in multifamily development
Indirect management experience

Preferred Qualifications

Four years' experience in real estate analysis
Commercial real estate development experience
Direct management experience
Experience with and working understanding of various CDFI and industry tools including grants, LIHTCs, NMTCs, CDBG, HOME, FHLB-AHP, historic credits, and energy credits
Experience with ESRI, GIS, and Adobe Creative Cloud
Bachelor or Master degree in real estate, legal, paralegal, business, or similar field

Physical Requirements & Working Conditions

The ability to work at a computer for extended periods of time. The ability to travel. Travel required: 20–30%.

Key Competencies

Perseverance: Accept uncertainty by remaining focused and engaged on assignments; look for plausible solutions to difficult problems
Resource Optimization: Apply knowledge of internal structures and existing talent to accomplish a goal
Big Picture Perspective: See beyond a specific business area and consider the broader strategic initiatives of the organization
Inclusion Awareness: Identify the benefits and advantages of harnessing the collective insights of various individuals in the organization
Leadership Development: Coach and develop others by seeking to understand their strengths and development areas

Benefits

Medical, Health Reimbursement Account, Flexible Spending Accounts (medical and dependent care), Dental, Vision, Life Insurance, Accidental Death & Dismemberment, Long-Term Disability, Employee Assistance Plan, Pet Insurance, Identity Theft Protection, Paid Mobile Phone Service, Unlimited PTO, Incentive Compensation, 403(b) Plan, and Profit-Sharing Plan.

Additional Information

Reports to President, Cinnaire Solutions. Supervisory responsibility for Associate Development Manager and Senior Development Analyst.

Equal Opportunity Statement

Cinnaire provides equal employment opportunities to all employees and applicants for employment without regard to race, color, religion, gender, sexual orientation, national origin, age, disability, marital status, status as a Vietnam-era or disabled veteran, or any other characteristic protected by law. Cinnaire is committed to the full inclusion of all qualified individuals and providing reasonable accommodations for individuals with disabilities.

Cinnaire jobs

Senior Vice President, Development