Director Real Estate Development

About PS WRX, INC. (PS WRX)

PS WRX exists to create paths for meaningful wealth creation for people in marginalized communities by bringing technical expertise, proven systems, and creativity to products and services in real estate and finance.

PS WRX works with charter school management organizations to develop and manage their portfolios of private real estate facilities serving students K-12. PS WRX is building a team of mission driven and entrepreneurial real estate operations, development, and finance professionals who can provide the leadership necessary to execute these major facilities expansions. PS WRX’s Real Estate Development team will be responsible for ensuring the leasing, acquisition, development, and renovation of high-quality facilities.

Role Description

This is a full-time on-site role as a Director of Real Estate Development. The Director of Real Estate Development will be responsible for managing the day-to-day tasks associated with real estate development projects. This includes conducting feasibility studies, overseeing project management, performing due diligence, and budgeting for projects. The role will report to the Sr. Director of Real Estate Development and works closely with the Chief Real Estate Officer, and Director of Real Estate Finance.

The role will be located in New York, NY.

Primary Responsibilities include the following. Responsibilities may shift over time as PS WRX needs shift during start-up and growth phases.

Key Responsibilities:

1) Site Identification, Selection and Acquisition

• Support in all aspects of site identification, selection, and acquisition including but not limited to attending walk throughs and development summaries reports for evaluation.

2) Site Development

• Oversee construction, remodeling, and repair projects for individual school sites according to budget, scope, and timeline.
• Plan, direct, and review the activities and operations of other teams, including but not limited to, facilities, civil, architectural, mechanical, structural planning, and engineering of new construction, renovation, and capital improvements.
• Ensure all code requirements are met.
• Assist in the development of comprehensive project budgets.
• Co-manage school relocation process and school opening.
• Attain all necessary facility permits (zoning, certificate of occupancy, inspection, permits etc.).
• Identify, evaluate, and recommend contractors, owner representatives, construction managers.

3) Team Strategic Planning and Operations

• Responsible for executing strategic plan with relation to assigned projects
• Attend and contribute where necessary to client meetings with operational and school Leadership teams to address needs and planning for schools.
• Ensure external partnerships with M/WBE construction and real estate development related companies are executed and represented in all development activities. Maintain database of companies.

4) Operations/Financing

• Review vendor invoices for accuracy and payment recommendation in collaboration with Facilities and Finance teams.

5) Management – Direct Reports / Cross Team

• Directly manage project construction teams and designers.
• Collaborate closely with in-house teams (e.g. Community Engagement, Facilities & IT, and Finance)

QUALIFICATIONS

1) Required knowledge, skills & abilities:

• Demonstrated command of the intricacies of organization building, operations, and strategic planning.
• Strong analytical and problem-solving skills.
• Strong communication, influencing, and negotiating skills.
• Strong financial analysis and budget management skills.
• Ability to work well in a team.
• Exceptional ability to bridge and enhance cooperative working relationships.
• Ability to create, monitor, and maintain systems that enhance organizational efficiency.
• Very strong organizational skills; an obsessive attention to detail and follow-through.
• Ability to thrive in a fast-paced, entrepreneurial environment; flexible, able to work autonomously as well as take direction as needed.

2) Required mindsets

• Entrepreneurial mindset; comfortable with ambiguity of role and responsibilities, as well as shifting priorities
• Easily pivots to meet needs of partner organizations, company, and teammates
• Human centered thinker - ability to bridge and enhance cooperative working relationships
• Radically responsible: comfortable acknowledging mistakes, asking for help, apologizing if necessary, holds self and other accountable while maintaining strong boundaries for self, company, teammates, partner organizations

3. Minimum educational level:

• Bachelor’s Degree required.
• MArch, Msc Real Estate Development or related/relevant degree preferred

• Experience required:
• 7+ years of related work experience in Real Estate Project Management or Development, Facilities Management or Building Operations.
• Experience managing architectural, engineering and construction contractors preferred.
• Experience with school operations systems preferred.

If this job description resonates with you, please contact Ahkilah Johnson at jobs@pswrx.org.