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Vice President, Real Estate

  • Industry: Facilities Management
  • Location: New York - New York City metropolitan area
  • Client: Cultural/Non-Profit
  • Search ID: 19-0603-06

Women in Need, Inc. (Win), a prominent New York City non-profit organization has retained Helbling to conduct an executive search to secure a Vice President, Real Estate.

Purpose of the Position 

Reporting directly to the Chief Executive Officer / Chief Operating Officer, the Vice President, Real Estate is a critical member of Win’s leadership team who will lead Win’s efforts to develop and sustain transitional and permanent supportive housing throughout New York City. The successful candidate will have not only a demonstrable interest in and understanding of real estate finance but also a passion for the mission-oriented field of affordable and supportive housing. The candidate must have strong analytical and financial acumen, be a strategic thinker with a strong degree of initiative, have excellent organizational skills, and have the ability to effectively juggle multiple priorities while maintaining attention to detail. The candidate must have solid experience in affordable and transitional housing, and be able to work effectively within a collaborative team approach.
 
Reports to: 
  • Chief Executive Officer (CEO)
  • Chief Operating Officer (COO)
Positions Reporting to this position: 
  • Assistant Vice President (AVP), Real Property Management 
  • Real Estate Development Project Manager

Responsibilities

  • Supervise all real estate-related transactions, and affordable housing development and management.
  • Identify new opportunities for permanent and transitional housing development in furtherance of Win’s mission.
  • Serve as the staff liaison to Win Board of Directors Housing Committee.
  • Develop pro forma capital development and operating budgets, and financing applications for HPD, HDC, HCR, HFA, HHAP, FHLB, HUD, which incorporate many different sources of financing.
  • Direct the submission of due diligence to government agencies, lenders, and investors.
  • Coordinate Win real estate responses to Requests for Proposals and Requests for Qualifications.
  • Successfully achieve construction loan closings, lease negotiations, cost certifications, permanent loan closing process, and 8609s.
  • Manage the construction process and the development teams (architect, contractor, etc.) to ensure projects are completed on time and within budget.
  • Cultivate and deepen strategic relationships to further Win’s impact as a leader in the field.
  • Identify and secure funding sources, and develop financing strategies for transitional and permanent supportive housing.
  • Represent Win at meetings with public officials, funders, and community stakeholders, etc.
  • Work with Win social service programs to identify and implement mission-driven transactions, secure on-site services funding, and craft as appropriate.
  • Supervise property management teams responsible for Win’s existing supportive and affordable housing portfolio, and establish policies and systems for the successful startup and operations of buildings in the pipeline.
  • Implement best practices to ensure compliance with various city, state, federal, and investor requirements.
  • Evaluate and report to senior management and Win Board of Directors on property performance.

Essential Functions

  • Must be able to sit at a computer for the majority of the work day. 
  • Must be able to use public transportation to travel to Win sites and other related meetings.
  • Must be able to travel to multiple sites across New York City.

Our Client

Founded in 1983, Win (Women in Need, Inc.) began as a shelter for four homeless women and their combined six children. Since then, Win has evolved to become a leading, non-profit agency and the largest provider of shelter for homeless families in New York City.  
 
Win has sharpened its focus from offering shelter and support to homeless women and children to providing comprehensive programs and services that enable homeless families to succeed in life and break the cycle of homelessness. Groundbreaking programs developed by Win are: Win Academy, Income Building Program, Children’s Afterschool, Mentorship and Recreation.
 
For more than 35 years, Win has provided safe housing, critical services, and ground-breaking programs to help homeless women and their children rebuild their lives.  In the past year, Win served close to 10,000 homeless people — including more than 5,000 children — and helped more than 700 families transition out of shelter into homes of their own.

Qualifications

  • Commitment to Win’s mission, vision, and values.
  • Graduate degree is preferred, but not required (depending on prior work or academic experience).
  • Minimum of eight (8) to ten (10) years of experience in managing real estate projects independently is required; experience in the supportive and transitional housing area is also preferred.
  • Deep understanding of and significant experience with various affordable and supportive housing programs, including low income housing tax credits, bond financing, and other New York City, New York State, and federal housing programs.
  • Understanding and experience in affordable housing management and compliance requirements.
  • Ability to generate development and manage operating budgets. 
  • Highly organized, detail oriented, and self-motivated.
  • Excellent written, oral, and email communication skills.
  • Strong leadership and management skills, and the ability to influence and engage direct and indirect reports and peers.
  • Local travel throughout all five boroughs of New York City required.

Core Competencies 

  • Leading Others: Establishes programs, policies, and procedures to support organizational culture.
  • Facilitating Change: Helps employees plan for change with information to build their skills, relationships, and beliefs. 
  • Managing Performance: Consistently provides supervision and develops accountability tools to achieve deliverables.  Periodically rates performance in a summary fashion. Recognizes and rewards good performance.  Manages competing priorities. 
  • Applies and Develops Expertise: Applies broad based knowledge to organizational priorities and needs in a proactive manner. Possesses required technical skills and keeps up with current development.  
  • Communicating and Collaborating: Values the full spectrum of diversity and inclusion. Understands and embodies the vision and mission of Win. Understands and practices Way to Win with clients. Understands and upholds all policies and procedures described in the Win Employee Manual.

Search Consultants: Ron Baumiller and Lee Grandovic

Win is an Equal Opportunity Employer that recruits and hires qualified candidates without regard to race, religion, sex, sexual orientation, gender identity, age, national origin, ancestry, citizenship, disability or veteran status.

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