McCormack Baron Companies
  • 01-Mar-2019 to 01-Apr-2019 (CST)
  • MBS - Development
  • St. Louis, MO, USA
  • Full Time

The Company

McCormack Baron Salazar is the nation's leading for-profit developer of economically integrated urban neighborhoods. Since 1973, McCormack Baron Salazar has been a pioneer in community development and urban revitalization, with 166 projects in 38 cities and more than 17,795 units of attractive, high quality housing plus over 1.4 million square feet of commercial space totaling more than $2.9 billion of development investments. "Developing and Building Communities" is more than a slogan'it's the focal point for all of the company's work.

Since its founding, McCormack Baron Salazar has made quality, mixed-income housing the cornerstone of the company's mission to rebuild central cities across the United States that have deteriorated through decades of neglect and disinvestment. McCormack Baron Salazar's headquarters is located in St. Louis with offices in Los Angeles and San Francisco. Together with its management arm, MBS employs more than 950 people nationally, of which about 125 are in St. Louis.

McCormack Baron Salazar and The Goldman Sachs Urban Investment Group ("Goldman Sachs") announced on May 10, 2010, a strategic partnership and shared vision for the future of rebuilding distressed communities across the country. This partnership combines the vast experience of an urban inner-city developer with a firm known for its financial expertise and commitment to community development. When combined, the strength of these two national firms has the ability to significantly impact the revitalization of urban neighborhoods on a national scale. MBS is an industry leader in turning complex development concepts into reality, and has worked in every type of housing market: affordable and market rate rental housing, historic rehab, senior housing, and home ownership. The result of its involvement in large-scale projects is positive, long-term, and comprehensive revitalization of neighborhoods: economically diverse, architecturally pleasing, functional places that reflect strength, pride, and sense of community.

MBS achieves its goals through excellence in teamwork, design and development, finance, management, community and resident involvement, and takes a multi-disciplinary approach to addressing the challenge of rebuilding neighborhoods. MBS is committed to diversity in the workplace and its workforce reflects the diversity of the communities in which it builds and operates. McCormack Baron Salazar believes in the power of partnership and works in concert with residents, neighborhood groups, financial institutions, foundations, state and local governments, and federal agencies. The partnerships it creates become catalysts for change in the process of neighborhood development.

Additional information regarding McCormack Baron Salazar can be found at www.mccormackbaron.com.

 

The Position

The Associate Project Manager is a key member of a development team.   The Associate Project Manager will report to a Vice President of Development at McCormack Baron Salazar. The Associate Project Manager works closely with the firm's senior management, internal design, construction, finance and legal teams as well as with community stakeholders, external consultants, private sector financial partners and public sector agencies, to visualize and complete new housing and mixed-use development projects.

This position manages the project delivery process and external environment of third party consultants, local and state governmental agencies and community partners for successful implementation of the firm's real estate development projects, including managing internal staff with experience in design and construction, finance, legal, and property management.

Essential duties and responsibilities include:

    • In conjunction with Senior Staff, act as owner's representative on all real estate transaction matters including ensuring proper legal documentation.
    • Prepare and develop initial underwriting analysis, due diligence, initial assessments, etc. of any properties the team has identified.
    • Prepare and submit financial applications, request for proposals (tax credit applications, first mortgage, soft debt, donations, and syndicators RFQ/RFP preparation)
    • Work with community to assess housing needs and to develop support for development project (facilitate community meetings, voice community concerns, act as liaison between community and all stakeholders; coordinate community meetings, development team meetings and community roundtables). Prepare all notices, scheduling, agendas and meeting materials and provide information to public regarding development activities
    • Perform acquisition activities (ownership, title work, land negotiations, relocation, etc.), and assist in negotiations and administration of any purchase and sale agreements as needed.
    • Review project proposals to test and determine project feasibility through the coordination of physical and financial due diligence activities.
    • Facilitate payment requisition process (approve invoices, direct draw processing). 
    • Lead project teams and facilitate resolution of key development issues during all phases of the process.
    • Lead/supports the entitlement process including representation at hearings and neighborhood meetings. Interfaces and works closely with attorneys, planners, architects, engineers and other consultants.
    • Involved as part of the team in design conceptualization and programming.
    • Processes and obtains the building permits.
    • Maintains control of the details and timeline of projects under the Senior Staff's purview.
    • Coordinates and interacts with the design team and the construction team to ensure a smooth handoff in a timely manner.
    • With Senior Staff, hires and manages consultants for the development team, as appropriate.
    • Prepares and oversees the development schedule, project proformas and budgets and communicate all budget and schedule revisions.
    • Monitors progress of development consultants, including architects and landscape architects, engineers, etc., and progress of construction relative to budget requirements and schedule.
    • Maintain client and stakeholder relationships and resolve conflicts between parties.
    • Coordinate project close-out and transition to property management.
    • Travel required once a quarter minimum

Candidate Qualifications/Experience

Education: The successful candidate should have a strong academic background with a college    degree preferably in Architecture, Real Estate or Business. A graduate degree in similar areas is a plus.

Experience: A minimum of 5 years of experience in business and a background in real estate or economic development working on large-scale development projects is preferred Experience in affordable housing, mixed income, and mixed use development, using various tax credit programs, is also a plus.
 

Specifically, candidates for this position should possess the following career experience/skills:

  • Experience in real estate or economic development in urban areas.
  • Has had responsibility for handling a project development process
  • Experience in the entitlement process.
  • Has been a part of community outreach programs, built relationships with civic and political leaders/influencers, acted as community liaison to build awareness and support for proposed development projects.
  • Demonstrated leadership and ability to manage a multi-disciplinary team of internal staff including design and construction, legal, finance, property management. MBS is a highly collaborative environment where the Associate Project Manager drives and owns the development process, but must work collaboratively and proactively throughout the process.

 

Personal Skills and Attributes:

  • Must be well-versed in completing project proformas and analyzing deals, and articulate, both orally and in written form, the case for a specific project. Should have both an intuitive and a detailed sense of the dynamics, risks, and structured financings of each transaction.
  • Must have demonstrated strong problem solving skills and quantitative abilities.
  • Demonstrated ability to work collaboratively within a matrixed team environment.  
  • Excellent project implementation, organizational and planning skills. Able to work with time sensitive, detail-oriented material and meet multiple deadlines. Has experience managing multiple projects successfully through constantly changing priorities.
  • Excellent computer skills; must be very literate in Microsoft Office Suite.
  • Has the interpersonal skills and presence to communicate and interact effectively with all constituencies including with all levels of private and public sector officials.

 

 McCormack Baron Salazar, Inc. is an equal opportunity employer (EOE/AA).

McCormack Baron Companies
  • Apply Now

  • * Fields Are Required

    What is your full name?

    How can we contact you?

  • Sign Up For Job Alerts!

  • Share This Page
.
Logo About What We Do Community Profiles News Find a Home Careers