Real Estate Development Project Manager

Organization General Description:
The Resurrection Project (TRP) builds trusting relationships to educate and propel individuals, immigrants, and families to achieve their social and economic aspirations, stable homes, and equitable participation in their community. TRP is a leading provider of affordable housing, financial education, and immigration services on Chicago’s Southwest side.

During the past three decades TRP, has worked to improve the lives of individuals and families by creating wealth, building assets, and engaging residents to be catalysts for change. Rooted in the Pilsen community, TRP’s impact now extends across the City of Chicago and through the State of Illinois; we are making steady progress towards leveraging and preserving more than $1 billion in community wealth in 2025.

General Job Description
The Real Estate Development Project Manager will work closely with the Senior Real Estate Development Manager (SREDM) on a variety of projects ranging in stages of planning and construction, managing all phases of affordable housing development, including site selection, feasibility analysis, entitlement, design, and construction. The Real Estate Development Project Manager will be expose to all real estate development activities from the planning stage – predevelopment due diligences - through construction completion stage to finally the disposition of the asset either to TRP’s Property Management Division or the owner of the asset. Additionally, the Real Estate Development Project Manager is responsible for real estate research, completing real estate development reports and other duties assigned by the SREDM.

Primary Job Duties and Responsibilities:
-Work with SREDM to learn from and support him in all real estate development duties: selection of sites and defining financing strategies to creatively combine multiple financing sources that ensure long-term project feasibility while aligning with TRP’s mission.
-Work with SREDM to plan acquisition strategies: identify, research, analyze, and acquire properties for development.
-Work with SREDM in managing relationships with development team members (legal counsel, architect, general contractor, real estate professionals, financial partners, and others) in negotiating acquisitions, preparing sales contracts, securing acquisition financing, gaining site control, and developing properties.
-Work with SREDM to complete due diligence of selected properties, including underwriting criteria, appraisals, surveys, environmental reports, zoning changes, and market studies.
-Conduct construction inspections and prepare timely construction reports.
-Prepare progress reports and correspondence to all related parties: directors, leadership teams/committees, staff, and partners/investors.
-Conduct research regarding rent levels, commercial space, household incomes, operating expenses, zoning, marketing, environmental issues, and construction costs.
-Prepare development and operational pro-forma budgets for proposed sites.
-Develop and maintain relationships and knowledge of programs with government agencies such as IHDA, HUD, the City of Chicago Department of Housing, Department of Planning and Development, financial institutions, and other sources of permanent and pre-development financing.
-Prepare and submit applications, coordinate duties to obtain commitments, and close on project financing in a timely manner.
-Create and maintain a database of properties that are or may become available in TRP’s service communities (location, building condition, sale price, ownership, etc.).
-Develop and maintain an accurate and complete project filing system documenting costs, expenses, pro formas, correspondence, and milestone achievements.
-Facilitate community outreach and engagement to ensure alignment with local needs.
-Maintain required job skills and professional competencies.
-Attend and participate in required educational programs and staff meetings.
-Perform other duties as assigned.

Performance Measures
-Achievement of annual project goals.
-Timely, high-quality production of development budgets, operational budgets, and financial documents.
-Effective and consistent execution of day-to-day responsibilities.
-Strategic development of relationships with peers, leaders, and partners.
-Active participation in required staff meetings and programs.