Job summary
Job post source
This job is directly from Pennrose
Job overview
The Developer role at Pennrose is responsible for leading multi-faceted real estate development projects from inception through completion, impacting both market-rate and affordable housing sectors.
Responsibilities and impact
The Developer manages internal and external teams, oversees project financial feasibility, site suitability, budgeting, scheduling, legal documentation, and ensures projects meet deadlines and budgets while coordinating lease-up and maintaining strong partnerships.
Experience and skills
Requires a BA or BS, at least four years as an Associate Developer or equivalent, strong entrepreneurial instincts, analytical skills, communication skills, proficiency in Microsoft Office, understanding of HUD and housing finance, and ability to travel with a valid driver's license and insured vehicle.
Company information
Pennrose specializes in real estate development focusing on both market-rate and affordable housing projects with a strong emphasis on financial and community partnerships.
Team overview
The Developer leads an in-house team including Associate Developers, Assistant Developers, and Administrative Assistants, while managing external financiers, architects, engineers, and contractors.
Unique job features
This role involves leadership of complex real estate projects with significant financial and community engagement responsibilities, requiring strong communication and project management skills.
Company overview
Pennrose is a leading real estate development and management company specializing in affordable, market-rate, and mixed-income residential communities. They generate revenue through property development, leasing, and management services, focusing on creating high-quality living environments. Founded in 1971, Pennrose has a significant history of revitalizing urban areas and has developed over 20,000 rental housing units across the United States. Their commitment to community impact and sustainable development makes them a notable player in the real estate industry.
How to land this job
Position your resume to highlight your leadership experience managing cross-functional teams and coordinating complex real estate development projects from inception to completion, emphasizing both market-rate and affordable housing expertise.
Showcase strong financial acumen by detailing your experience with project proformas, budget development, and securing funding through mechanisms like Low Income Housing Tax Credits and Housing Finance agency programs.
Apply through multiple platforms including Pennrose's official corporate career site and LinkedIn to maximize your application's visibility and reach.
Connect on LinkedIn with current Pennrose developers and team leaders in the real estate development division; start conversations by referencing recent Pennrose projects or asking about their approach to managing multi-stage development workflows.
Optimize your resume for ATS by incorporating key phrases from the job description such as 'real estate development,' 'financial feasibility,' 'project budgets,' 'HUD requirements,' and 'Low Income Housing Tax Credits' to ensure your resume passes initial screenings.
Utilize Jennie Johnson's Power Apply feature to automate tailored applications across multiple platforms, identify and connect with relevant Pennrose contacts, and optimize your resume for ATS, allowing you to focus your energy on interview preparation and networking.
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