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Assistant Vice President / Project Manager, Development, Shoreham Capital

Location: West Palm Beach, FL

Shoreham Capital, a West Palm Beach, Florida based Owner and Developer of residential and mixed-use real estate, is seeking an Assistant Vice President /Project Manager of Development to join its single family for-rent and multifamily development team. The PM will work on financing, design and project coordination for multiple ground-up projects. Shoreham typically handles the entire development process, including entitlement, selection of architects and other professionals, arranging often complex financing, construction management, and, ultimately, sales and marketing.

Company Info:

Shoreham Capital is market leading developer of build-to-rent single family home communities and multifamily projects. Over the past 15 years, the principals of Shoreham have built more than $5 billion in real estate assets, producing above-market returns through various value-add strategies.

Responsibilities:

· Maintain project budgets and analyze project financial feasibility and evaluate ongoing project financial performance.

· Represent Shoreham, helping to build and strengthen relationships with city officials and other partners

· Develop and monitor project schedules using Microsoft Project.

· Assist in review of architectural and construction documents.

· Assist in review of legal documents, including consultant agreements, to ensure key business terms are accurately reflected.

· Assist in administrative and organizational project tasks.

· Shepard project through construction completion and lease-up, to include punch list, schedule, requisition and change order processing.

· Assist in opening of the property; including creation of and monitoring a marketing plan.

· Assemble vendor invoices, check them against contracts, and put together for internal process and in some cases, monthly draw reports for lenders

· Create agenda for and take notes and weekly project design and construction meetings

· Assist in permitting and regulatory interactions with city and state agencies (building permits, applications, TCO, CO, etc.)

· Supplement construction team in coordinating construction activities (submittal log, TR tracking, etc)

· Assist in coordinating consultant activities, such as scoping contracts, providing access to site during pre-development, and facilitating interaction among design team

Qualifications:

· Bachelors degree in Urban Planning, Real Estate, Business Administration, Architecture, or related field.

· 3-5 years of relevant experience working in real estate development, planning, architecture, engineering or construction management. Real estate transactional and/or development experience preferred.

· Excellent interpersonal, oral and written communication skills required.

· Expertise in Microsoft Office applications, particularly Excel, Project and Word.

· Expertise in BuilderTrend, ProCore and/or PlanGrid a plus.

· Works well on multiple projects and can work independently as well as a team player.

VICE PRESIDENT, ASSET MANAGEMENT

Location: West Palm Beach, Florida

Shoreham Capital, a Florida based Investor, Owner and Developer of residential and mixed-use real estate, is seeking a Vice President of Asset Management who will be involved with the asset management, property management and disposition activities around a portfolio of residential, multifamily, build-to-rent and mixed-use assets.

In addition, the candidate will be responsible for monitoring and tracking real estate investments, preparing investor reports, and working along the accounting team on finance related audits. The role will be charged with driving property level performance, increasing revenue, improving efficiency, and scaling operational excellence. Additional responsibilities include developing budgets and answering operational and financial questions from internal departments.

Company Info:

Shoreham Capital is a leading vertically integrated real estate investment and operating platform. The founders of Shoreham bring over 50 years of real estate private equity, investment, development and construction experience to bare and have invested and developed more than $10 billion in real estate assets, producing above-market returns through various value-add and opportunistic strategies.

Responsibilities:

Asset Management

– Perform quarterly valuations and reviews of each asset’s business plan. Prepare hold/finance/sell recommendations and oversee the financing and disposition process as necessary

– Compare historical and current financials to identify variances with budget and underwriting. Monitor specific performance measures to identify risks, trends and opportunities.

– Conduct on-site property visits to evaluate asset physical condition, property and management performance. Maximize value by evaluating and implementing leasing, capital improvement, and rehabilitation programs.

– Oversee relationship with 3rd part property managers and ensure optimal execution of the underwritten business plan

– Ensure compliance with loan maturities, covenants, DSCR and LTV ratios, and debt yields

Qualifications:

– 8+ years relevant real estate experience at top investment bank, Real Estate Development Company, Regional or National Property Management Firm, Big-4 Accounting Firm, and/or Real Estate Focused Lending Institution. Must possess capital markets experience and knowledge of Property Management as well as debt and equity investments.

– Strong knowledge of and experience in the property management of multifamily and/or single family real estate assets.

– Top-tier education and strong GPA

– Strong financial modeling and analytical skills

– Strong written and verbal communication skills to successfully manage internal and external relationships

– Must be able to work independently, prioritize multiple tasks effectively, take on additional responsibility, and have strong attention to detail

Compensation:

– Salary, bonus, and top benefits

– Salary and bonus will be commensurate with experience.

Apply Today!