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Development Director

Website Dantes Partners

ABOUT DANTES PARTNERS:
Dantes Partners is the development division of Dumas Collective founded in 2006. Dantes Partners is a
Minority-Owned, Resident Owned, Certified Business Enterprise headquartered in the District of Columbia.
The Organization was founded with a mission to facilitate and enhance local urban economic development
by designing and structuring innovative funding and financing solutions for affordable, workforce, and
mixed-income housing and community-based real estate initiatives. The firm has advanced that mission
through a focus on luxury affordable housing® as an anchor for strong residential communities throughout
the Mid Atlantic. In addition, the firm provides consulting services in the areas of public/private deal
structuring and negotiations; predevelopment planning and oversight; community outreach; market analysis; project and asset management; debt/equity underwriting; and portfolio due diligence.

As developers, Dantes Partners’ portfolio includes over 6,100 units of affordable and workforce housing, with over $1.6 Billion dollars in delivered and upcoming projects.

In 2022, the District of Columbia Building Industry Association named the firm Developer of the Year.

POSITION DESCRIPTION:
The Director of Development will be primarily responsible for leading and/or overseeing DP staff engaged
in all aspects of planning, financing, and implementation of several developments in the Washington DC
area. The projects range from pure financing consulting to developing and managing multi-family deals.
The work will also include oversight of predevelopment services and all other projects that are assigned to
the incumbent, coordination of design efforts, liaising with clients and government agencies and
communicating with stakeholders. In addition, the Director of Development will be responsible securing
funding for projects, which would include preparing or overseeing the preparation of funding applications
and working with potential lenders to secure loans or other financing as may be appropriate. The Director
of Development will also be required to actively engage in business development efforts.

RESPONSIBILITIES:
The Development Director will be responsible for assisting in the creation of and, ultimately, the execution
of the business plans for DP’s developments and consulting assignments. Additional responsibilities
include:

  • Oversee Development Managers and/or Development Associates assigned to DP
    developments/consulting assignments
  • Providing analytical support with minimal supervision while insuring the integrity and accuracy of
    financial data used to make critical financing and investment decisions
  • Building and maintaining development budgets, including property cash flows and operations in
    Excel
  • Overseeing all necessary predevelopment work including surveys, appraisals, title work,
    environmental, etc.
  • Coordinating and overseeing the work of project teams, which may comprise architects, urban
    planners, engineers, contractors, attorneys, lenders, investors, property managers etc.
  • Managing the planning, design, bid/award, and construction process to ensure that projects conform
    to quality standards, and are on time, and within budget
  • Ensuring compliance with all funding requirements as applicable including but not limited to
    MWBE requirement, Section 3, etc.
  • Responding to Request for Proposals for development projects
  • Using online databases and various market data to provide relevant market information
  • Underwriting valuations and the impact of financing on commercial real estate
  • Prepare financing memoranda that include business plans, graphics, market information, and
    financial information
  • Leading all community engagement efforts
  • Assisting with any community, resident, or management issues
  • Managing multiple tasks on a daily basis and deliver under tight deadlines in a demanding work
    environment
  • Collecting and distributing due diligence materials for loan closing
    Various ad hoc assignments

MINIMUM QUALIFICATIONS:

  • Bachelor’s degree in Business or Finance related field with five (5) or more years of work
    experience in the field of housing, real estate finance and/or community development OR a
    Graduate Degree with at least two years of work experience in a field related to real estate
    development and/or construction
  •  Experience in real estate development, financial modeling, acquiring land, and managing design
    and construction of affordable housing
  • Excellent written and verbal communications are required
  • Proficiency in Microsoft Office Suite: Excel, Word, Outlook

SUCCESFUL CANDIDATES WILL POSSESS THE FOLLOWING ATTRIBUTES:

  • An entrepreneurial spirit
  • Proactive and extremely responsive
  • Personable with a good sense of humor
  • Strong financial and analytical skills
  • Broad-based understanding of project management with strong planning and a “detail oriented”
    focus
  • Experience with funding programs for subsidized housing
  • Experience with working with City, State, and Federal Agencies in connection with real estate
    development
  • Understanding of fundamental real estate terminology
  • Demonstrated commitment to the mission, philosophy, and vision of Dantes Partners and
    community development work
  • Energy and commitment to work in an entrepreneurial environment with the ability to prioritize
    responsibilities
  • Strong organizational skills
  • Demonstrated ability to work effectively with a wide range people and organizations
  • Ability to clearly, concisely write a business plan
  • Ability to work under pressure, in a time sensitive environment, delivering timely and accurate
    work
  • Ability to understand and troubleshoot complex financial models
  • Ability to create new complex models
  • Ability to write clearly and informatively and present numerical data effectively

ADA SPECIFICATIONS (Physical demands that must be met to successfully complete the essential
functions of the job)

  • While largely sedentary, this position requires the ability to sit, stand, and lift up to 20 lbs., speak,
    and hear, sometimes for extended periods of time.
  • Requires the ability to use a computer and office equipment traditionally found in office settings.
  • Requires the periodic ability to travel regionally, on behalf of the company

Dantes Partners is an equal opportunity employer.

To apply for this job email your details to resumes@dantespartners.com