Director of Real Estate

Director of Real Estate

Director of Real Estate 150 150 ymarfatia@njcdc.org
New Jersey Community Development Corporation
Published
November 18, 2025
Location
32 Spruce St Paterson
Job Type
Contact Name (not public)
Yesha Marfatia
Main Phone
973-413-1659

Description

Director of Real Estate
New Jersey Community Development Corporation (NJCDC) – Paterson, New Jersey

NJCDC, a nonprofit community development and social service agency, is seeking a Director of Real Estate to lead the development, construction, and rehabilitation of affordable, special needs, and mixed-income housing, as well as mixed-use projects. The role also oversees the organization’s property management and facilities operations.

Key Responsibilities

  • Identify and evaluate development opportunities and potential sites.
  • Lead all phases of real estate projects—from concept and feasibility through acquisition, financing, construction, and lease-up.
  • Secure public and private financing, including tax credits and other subsidy programs.
  • Manage project budgets, timelines, predevelopment, and land use approvals.
  • Assemble and oversee project teams (architects, consultants, contractors) and manage day-to-day construction activities.
  • Oversee marketing and lease-up of new projects and meet with stakeholders as needed.
  • Direct all property management functions, including compliance with NJHMFA, tax credit syndicators, and other funders.
  • Supervise the Facilities Department to ensure timely building operations and maintenance.

Qualifications

  • Bachelor’s degree in a relevant field; 5–7 years’ experience in real estate development, including full life-cycle project management.
  • Experience with tax credits and other housing/economic development financing programs preferred.
  • Strong skills in financial structuring, land use approvals, and contract negotiation.
  • Demonstrated ability to build and maintain strong professional relationships.
  • Excellent analytical, planning, interpersonal, and communication skills.
  • Proficiency in Excel and Word; project planning software a plus.
  • Commitment to NJCDC’s mission and ability to work collaboratively across the organization.

Compensation & Benefits
Salary range: $100,000–$125,000, depending on experience and potential, plus full benefits (medical, dental, paid vacation, etc.).

To learn more about NJCDC, visit www.njcdc.org

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