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Senior Real Estate Development Leader

Leumas Residential, Fredericksburg, VA, United States


Job Description
Job Description

Position Overview
Leumas is seeking a senior real estate development leader to build and lead our in-house development platform while serving as a trusted subject-matter expert to Public Housing Authorities (PHAs) and emerging developers. This is not a consulting-only role. The primary focus is hands-on leadership of Leumas' real estate development efforts, including multifamily, office, and retail projects on land we control.

The ideal candidate has successfully executed development projects from concept through stabilization and can apply that real-world experience internally and externally to strengthen affordable and workforce housing outcomes.

What You'll Own at Leumas

As Senior Development Lead, you will transform land and concepts into executable, financeable, and buildable projects.

Core responsibilities include:

  • Leading feasibility analysis, site planning, entitlement strategy, and development phasing

  • Shaping development concepts across multifamily, office, and neighborhood retail

  • Structuring capital stacks and advising on public and private financing strategies

  • Coordinating architects, engineers, contractors, attorneys, and capital partners

  • Guiding projects from concept through financing, construction, and stabilization

  • Serving as the internal bridge between development, finance, operations, and executive leadership

This role emphasizes building internally, not reviewing from the sidelines.

Housing Authority & Emerging Developer Advisory

In parallel with internal development work, you will provide technical assistance and advisory support to PHAs and small developers.

Responsibilities include:

  • Supporting PHA redevelopment efforts, RAD conversions, and new construction

  • Advising on site evaluation, deal structuring, predevelopment sequencing, and risk mitigation

  • Providing structured guidance, workshops, and training grounded in real execution

  • Advising PHAs on development strategy, partner selection, and project readiness

This work is built on credibility from hands-on development experience.

Program & Training Support
  • Contribute to the design and delivery of development training programs

  • Translate complex development concepts into practical, decision-ready guidance

  • Support proposal development and execution when advisory services are included

  • Prepare clear reports and presentations for public-sector audiences

While some advisory work may be proposal-based, the role is not dependent on proposal awards.

Who This Role Is For

This position is ideal for someone who:

  • Has personally led or materially contributed to development projects

  • Prefers building and executing rather than purely consulting

  • Enjoys mentoring and strengthening development capacity in others

  • Is comfortable navigating private development and public-sector constraints

  • Seeks long-term impact and ownership

Recommended Qualifications
  • Minimum 8 years of progressive experience in real estate development, affordable housing, or housing finance

  • Direct experience leading projects through multiple stages of the development lifecycle

  • Strong knowledge of public funding programs including LIHTC, Section 8, PBV, RAD, and state/local housing programs

  • Experience working with or advising PHAs, municipalities, or public agencies

  • Demonstrated ability to clearly explain development concepts to non-expert audiences

Education

Bachelor's degree in Real Estate, Finance, Urban Planning, Public Administration, or related field required.
Master's degree preferred but not required for the right candidate.

Skills & Capabilities
  • Deep understanding of development finance, risk, and deal structuring

  • Strong feasibility and underwriting judgment

  • Experience leading cross-functional teams and external partners

  • Excellent written and verbal communication skills

  • Practical, execution-oriented, self-directed work style

Why This Role Matters

Leumas is building a long-term development platform. This role sits at the intersection of real estate execution, public-sector housing transformation, and developer capacity-building. You will help determine what gets built, how it gets built, and how others learn to build it better.

Role Details
Job Type: Full-time
Work Location: In person

Benefits

  • 401(k) with company match

  • Health, dental, and vision insurance

  • Life insurance

  • Paid time off