The Professionals’ Choice for Real Estate Jobs
  1. Home
  2. Find Jobs
  3. COO for Multifamily Real Estate Development Company - Remote

COO for Multifamily Real Estate Development Company - Remote

Company is confidential
Salary
Competitive
Employment
Full Time
Work Place
Remote
Real Estate Field
Location
FL
Country
United States

This job is no longer active.

Description


COO for Multifamily Investment and Redevelopment Company
A small, successful, entrepreneurial and rapidly growing multifamily redevelopment company is seeking an experienced Chief Operating Officer within the multifamily industry to scale the Company’s proven and successful multifamily redevelopment model as it expands into new markets.

The Chief Operating Officer will work closely with the CEO to develop, plan and execute the vision, strategy and priorities of the Company. The COO will direct and coordinate all of the Company’s day-to-day functions, including the Company’s acquisition, funding, renovation, property management, financial, human resource and administrative operations.

Roles and Responsibilities
The Chief Operating Officer will build and grow the organizational structure and networks needed to execute the Company’s business plan and ensure employees and contractors are all rowing in the same direction. The COO will foster a culture of integrity, resourcefulness, collaboration and continuous improvement.

The Chief Operating Officer is responsible for achieving the company’s financial, organizational and operational goals by performing or directing and coordinating employees, team members and outside professionals responsible for the following:

  • Acquisitions: broker and owner outreach, project underwriting, PSA negotiation, due diligence and transaction coordination
  • Capital: raise debt and equity funding, negotiate loan terms, review loan and investor documents, prepare lender and investor decks, and investor reporting and relations
  • Renovation: design, physical due diligence, cost estimating, material procurement, project management
  • Property Management: rental rate projections, operating expense projections, leasing, maintenance, customer service and collections
  • Finance: forecasting, budgeting, tax strategy, accounting, A/P, payroll, insurance, regulatory compliance, risk mitigation, cash and credit management, internal controls
  • Analytics: Continuous development of a robust data-driven market and property analytics and selection process
  • Administrative: information systems, human resources, document management, marketing collateral
  • Legal: working with outside legal and financial advisors regarding contracts, construction, landlord-tenant issues, employment, permitting and licensing, investor and lender documents, regulatory compliance, tax law, etc.
Minimum Requirements
  • 5 years of operational oversight for a multifamily investment company as an Asset Manager, Director, Chief Operating Officer or equivalent with full P&L responsibility
  • 5 years of experience scaling, leading and managing a rapidly growing organization to 70+ employees
  • Prior oversight responsibility for the full lifecycle of value-add multifamily investment for at least 5 larger (100+ units) multifamily assets, including acquisition, capitalization, renovation, operation and disposition
  • Ability to lead and manage remotely, working effectively, efficiently and professionally through videoconferencing, phone, email and other communication and document sharing applications like Zoom, Slack, Google Shared Drive and Google Sheets and Docs
  • Proficiency in using Excel and property management / accounting / reporting software
  • Bachelor’s degree, and preferably a master’s degree, in real estate development, engineering, finance, business or a related field

Compensation & Employee Benefits
The position is 100% remote as the company has been operating remotely using paperless systems for years so you can choose where you live and work throughout the year.

Health insurance, dental insurance and vision insurance provided. Profit sharing program is currently being developed.

 

Job Sector


 

Experience


5+ to 7 years


This job is no longer active.

General Management / C-Suite Residential Jacksonville Full Time FL Asset Management, General Management and C-Suite, Investment Management COO for Multifamily Real Estate Development Company - Remote other