About Lincoln Avenue Communities
Welcome to Lincoln Avenue Communities (LAC)! We are a dynamic and entrepreneurial real estate private equity firm that strengthens communities. As a developer, investor, and operator, we provide sustainable, high-quality homes for lower-and moderate-income individuals, seniors, and families across 28 states. With a portfolio encompassing 140+ properties and 20,000+ units, we are committed to creating lasting impacts on the lives of our residents and the communities we serve.
About This Role
Lincoln Avenue Communities (LAC) is seeking a Development Coordinator to join our experienced team of real estate professionals who manage the development of affordable multi-family rental properties. LAC has a robust development pipeline and an aggressive plan to grow its national portfolio. The Development Coordinator will provide additional capacity to the company's development and transactions team.
The Development Coordinator will support the execution of our Regional Project Partner’s development plans through the closing of each transaction. The Development Coordinator will support a lean team and be involved in all aspects of the transaction process through collaboration with third-party partners, the Finance team, the Legal team, the Asset Management team, and the Construction team. The Development Coordinator will follow each property through its full development life cycle and contribute to on time and efficient closings, while maximizing portfolio performance and gaining wisdom and best practices from each transaction.
This role is an outstanding opportunity for an experienced professional familiar with all the critical steps in closing real estate acquisitions and developments.
We are considering remote applicants as well as local candidates based in the Madison, Wisconsin metro area. This role reports to the VP & Regional Project Partner of Development for the Midwest.
What You’ll Do
- Track development approval timelines & coordinate with internal and external parties to ensure all due diligence is complete and received in a timely manner. Work with financing partners and all consultants through site control until closing, while maintaining development schedules.
- Coordinate financing applications, including LIHTC, RAD, HOME Funds, CDBG Funds, AHP Funds, and other funding sources as needed.
- Coordinate financing checklists and keep internal reporting systems up to date (i.e., Dealpath, Smartsheets, etc.).
- Ensure assumptions and precise documentation of any zoning, LIHTC application commitments, and financing applications.
- Support the cross vertical development team members with contract/proposal reviews, accounts payable coordination, and coordination with other third-party partners (i.e., architects, property management, insurance providers, general contractors, etc.).
- Perform other duties as reasonably assigned.
Requirements
What You Bring
- Proficient in Excel
- Detail and process-oriented with a drive to keep the development approvals on time
- Self-starter with the ability to work independently while also comfortable interacting with and collaborating with internal and external partners.
- Aptitude for creating strong internal relationships within LAC. Must be a strong collaborator among peer groups within the company.
- Passionate and aligned with the company's double-bottom-line mission: generating appropriate returns for investors and managing great, stable communities for our residents.
- Demonstrated experience or knowledge of managing real estate closing and/or coordinating legal documents.
- Ideally, this person brings has experience with managing multiple projects at once, and project management organization (i.e., managing closing checklists).
Your Education and Experience
- Associate degree from a Legal Studies/Paralegal program, or related field with demonstrated performance and leadership in school and/or professionally (ie lender, investor, developer closing coordinator role) is required.
- Minimum of two (2) years of experience in housing development, investment, finance, or a related field.
- Proficient in using Microsoft Word and Adobe Acrobat.
Benefits
What We Offer
The expected base salary for the role is $85,0000. This represents the current range and is subject to change. To determine starting pay we carefully consider a variety of factors, including primary work location and an evaluation of a candidate’s skills, experience, market demands, and internal parity. Our comprehensive total rewards package offers more than just a salary. Benefits include:
- Performance-based bonuses
- Full medical, dental, and vision coverage for you and your dependents
- 401(k) plan with employer matching and immediate vesting
- Life and disability insurance
- Generous PTO, holidays, and sick time
- Paid parental leave
- Employee referral incentives
- Fun company and team-building events
- Continuous learning and development opportunities
Equal Employment Opportunity
LAC is an equal opportunity employer. We prohibit discrimination and harassment of any kind and afford equal employment opportunities to employees and applicants without regard to race, color, religion, sex, sexual orientation, gender identity or expression, pregnancy, age, national origin, disability status, genetic information, protected veteran status, or any other characteristic protected by law. At LAC, we conform to the spirit and the letter of all applicable laws and regulations.
United States
