Creative Choice Group (CCG) is a successful investment and development company involved in the business of private real estate investment, development, and management. Founded in 1984, this private venture has acquired and developed many properties, including Multifamily Communities (Market Rate and Affordable).

Creative Choice Group concentrates specifically on income-generating projects (LIHTC and Market Rate Communities) in target markets and sectors where the Group specializes and can gain a competitive advantage. The core team members possess extensive experience in residential, commercial, and mixed-use real estate development, planning, financing, construction, accounting, legal, hospitality management, wellness development, and real estate marketing.

Job Description:

The Development Associate will be responsible for repositioning certain Multifamily Communities, including re-syndication/rehabilitation. If you aspire to be a millionaire within five years and have the expertise and reliability to drive the successful repositioning of multifamily properties, this opportunity is for you. Join us and be part of a dynamic team committed to delivering exceptional results.

Responsibilities:

• Upon identification of an acquisition or redevelopment opportunity, you will help analyze highest and best use through research and analysis including market summary, financial model, market comps, rents and operating expenses.
• Assist with entitlement, approvals and the permit process.
• Assist in preparing development/construction budgets, timelines, schedules etc.
• Assist in preparing investment memorandums.
• Assist with financing, including working with lenders, completing check-list items, gathering due diligence information, offering memos.
• Assist with asset management/repositioning including refinancing, financial restructuring, and conversion of affordable housing to market rate
• Assist with capital improvement, financial workout including purchasing of existing debt at discount and or sale, and bankruptcy
• Assist in the selection and performance of project design, construction, marketing, sales and/or leasing, and management teams.
• Coordinate internal meetings with legal, construction, marketing, consultants and development staff to establish and monitor all timetables and assignments.
• Meeting and coordination with various State, Federal, and local government agencies
• Participate in asset management including reviewing monthly financials and providing detail explanations for variances.

Requirements and Qualifications:

• Low Income Housing Tax Credit Application in State of Kansas, Georgia or Florida in last 5 years.
• Experience with re-syndication/rehabilitation of Affordable Multifamily Communities with TE Bond or LIHTC.
• Bachelor’s degree in a related field, such as construction management, engineering, architecture, finance or real estate development, required.
• Two to Three years minimum work experience, South Florida (or Florida) experience preferred.
• Ability to read construction documents.
• Attention to details and ability to execute and balance multiple projects with minimal supervision.
• Strong business aptitude and common sense. Ability to prioritize and execute to achieve desired company and project goals with prudence and sense of urgency.
• Collaborative approach and respectful relationship style with colleagues, partners, and vendors.
• Excellent communication and organizational skills. Ability to make presentations to executive team and groups.
• High degree of problem spotting and resolution ability.
• Strong relevant computer skills in Word, Excel, PowerPoint, Project, Yardi.
• Willingness to travel.

Benefits:

• Health Insurance
• 401K
• Life Insurance
• Paid Vacation time off

Job Type: Full-time

Benefits:

• 401(k)
• Dental insurance
• Health insurance
• Paid time off
• Vision insurance

Application Question(s):

• Is your Tax Credit experience in South Florida?
• Do you have the ability to read construction documents?
• Please share your experience with asset management/repositioning including refinancing and financial restructuring.
• Please share your experience with re-syndication/rehabilitation of Affordable Multifamily Communities with TE Bond or LIHTC.
• Have you filed a Low Income Housing Tax Credit Application in the State of Kansas, Georgia or Florida in last 5 years?

Education:

• Bachelor's (Preferred)

Experience:

• Tax Credit (LIHTC): 3 years (Required)
• Refinancing: 3 years (Required)

Ability to Commute:

• West Palm Beach, FL 33410 (Required)

Work Location: In person