Real Estate Development Officer

Avesta

$80K — $90K *
Real Estate & Construction
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's Degree required; Master's Degree preferred in relevant fields.
  • Minimum 3 years in financial underwriting or project management.
  • Strong knowledge of multifamily housing finance and pro formas.
  • Familiarity with the real estate development process and regulations.
  • Experience with LIHTC, HUD, and other housing finance entities.

Responsibilities

  • Lead development projects from inception through completion.
  • Collaborate with internal teams and external partners.
  • Manage project budgets and timelines effectively.
  • Navigate public approvals and complex financing structures.
  • Deliver projects aligned with Avesta's mission to create affordable housing.

Benefits

  • Employer-paid health and dental plans for employees.
  • Flexible spending and dependent care accounts.
  • 401(k) plan with a vested match of up to 6%.
  • Generous earned time, starting with 22 days in the first year.
  • Professional development assistance and tuition reimbursement.
Full Job Description
Job Type

Full-time

Description

Are you driven by the opportunity to turn complex ideas into real homes that strengthen communities? Do you thrive at the intersection of finance, planning, and partnership-bringing affordable housing developments from concept to completion? Avesta Housing is seeking a motivated and detail-oriented Development Officer to help expand and preserve high-quality, affordable multifamily housing across Maine and New Hampshire.

In this critical role, you'll lead development projects from early site feasibility through financing, design, construction, and transition to operations. You'll collaborate with internal teams and external partners, manage budgets and timelines, and navigate public approvals and complex financing structures to deliver successful outcomes. Every project you advance will directly support Avesta's mission to improve lives by creating safe, stable, and affordable homes for people in need.

This role is a great fit if you:
  • Enjoy managing multifaceted projects from vision to reality
  • Bring strong skills in real estate finance, underwriting, and problem-solving
  • Thrive in a collaborative environment with multiple stakeholders
  • Want your work to have a lasting, tangible impact on communities


What We're Looking For

The person who is ready for this opportunity will meet the following requirements:
  • Strong project management and financial underwriting skills
  • Well-organized
  • Creative and proactive problem-solver
  • Good communication skills, including public comment and presentations
  • Excellent analytical skills
  • Ability to work under pressure and meet tight deadlines


Requirements

  • Bachelor's Degree required; Master's Degree in real estate, urban planning, finance, business, or a related field preferred.
  • Thorough knowledge of multifamily housing finance including proficiency with pro formas.
  • Thorough knowledge of the real estate development process and relevant regulations, including land acquisition, municipal approvals, zoning, environmental review, design, and construction.
  • Demonstrated ability to execute successful real estate development projects, manage multiple work streams simultaneously, and operate with a high degree of independence.
  • At least 3 years of financial underwriting, project management, real estate development, or other relevant experience.
  • Experience with LIHTC, HUD, RD, State housing finance agencies or other housing finance entities


Click HERE to view the full Development Officer job description.

This is a full-time (37.5 hours/week) position, and the annual salary range is $80,000 - $90,000.

Work Location

This position will be in-person at Avesta's Portland headquarters with an opportunity to move to a hybrid work setup in the future. Additional travel in Maine and New Hampshire will be required, and dependent on the location of development projects.

Benefits

We have excellent employee benefits, including:
  • Employer-paid health and dental plans for employees;
  • Flexible spending and dependent care accounts;
  • 401(k) retirement savings plan with immediate vested match of up to 6%;
  • Employer-paid basic life, long-term and short-term disability;
  • Free wellness services for benefits-eligible employees and their dependents;
  • 13 paid holidays;
  • Generous earned time, starting with 22 days in first year of employment;
  • Professional development assistance;
  • Employee referral bonus program; and
  • Tuition reimbursement


Ready to Apply?

If this job sounds like a fit for you, please click through to our Employment Application. A resume that tells us how your experience is relevant to this role is required.

Salary Description

$80,000 - $90,000

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