2Life Communities
Brighton, Massachusetts
Background 2Life Communities has been at the heart of positive change in the affordable senior housing ecosystem since 1965. We develop, manage, and advocate for high-quality, affordable housing and services that support aging in community, helping older adults and their families enjoy stability, dignity, and peace of mind. Our mission is to ensure that every older adult has the opportunity to live a full life of connection and purpose in a dynamic, supportive environment. Position summary The Senior Real Estate Project Manager (SREPM) will work closely with and under the supervision of the Chief of Real Estate as well as the Director of Real Estate Development. As a valued member of the Real Estate Team, they will embrace 2Life's mission and work to facilitate the highest standards for senior housing development and operations. 2Life's Real Estate Team is uniquely collaborative and highly skilled in its approach to project management. We work closely with each other and with 2Life's Finance, Facilities, Property Management, Compliance, Resident Services, and Programs teams to lay the foundation for successful long-term project operations. The SREPM will adhere to a flexible, creative, and value-driven approach to real estate development. They will develop and maintain collaborative relationships with project teams, consultants, board members, volunteers, and 2Life's property management, fund development, administrative, and resident service staff. The SREPM will have specific project leadership responsibilities and share the responsibility for 2Life's entire real estate portfolio. They will participate in Real Estate team meetings, and activities focused on advancing 2Life's mission to preserve and expand the portfolio. Essential job functions The SREPM will have shared responsibility for a portfolio of affordable supportive housing projects. They will lead the development of at least two real estate projects through construction completion and transition to operations. The SREPM will: Collaborate with 2Life's Program staff to seek, secure, and manage relationships with prospective program and service providers during the development phase to accomplish desired program goals Lead project teams, including 2Life staff and consultants, utilizing best practices, supporting transparency and information sharing, and encouraging buy-in through collaborative decision-making whenever possible and practical Take projects through zoning and permitting, including managing community relations Prepare and manage complex development proformas and funding applications, securing predevelopment, construction, and permanent financing Manage financial closings, relationships with financial partners, and compliance with financing requirements during the construction period Work with 2Life's Facilities team to manage construction, including the coordination of internal stakeholder input and the management of 2Life's contracts with the owner's representative, architect, and contractor Prepare regular updates and reports to 2Life's staff, Board of Directors, and Real Estate Committee as may be required Support 2Life's effort to integrate innovative programs and populations into 2Life's real estate projects, creating partnerships with senior service providers and leveraging investments from public and private healthcare institutions and insurers Represent 2Life at public events and on external committees that benefit 2Life's real estate activities and support career growth and learning Complete other duties as requested and assigned Preparation, knowledge, skills, and abilities Master's degree in Urban Planning, Real Estate, Finance or the equivalent in training and experience Minimum of eight (8) years of work experience in affordable housing real estate project management Highly motivated, flexible, and able to work independently and with a team Creative problem solver who can adapt to find multiple paths to overcome challenges and bring a warm sense of humor Ability to adhere to 2Life's non-profit real estate development principles so that projects are highly innovative and successfully balance mission, feasibility, and risk Exceptional project management skills, with proven ability to manage multiple priorities and deadlines with attention to detail A clear understanding of affordable housing funding programs, such as the Low Income Housing Tax Credit (LIHTC), HOME, CPA, CDBG, Section 8, MRVP, and Section 202, and a proven track record in securing such funding for projects Demonstrated success in creating and managing a complex development proforma, preferably for a LIHTC-funded affordable housing project Well-developed interpersonal, writing, and verbal communication skills, including the confidence to serve as an external voice for 2Life's projects and mission Successful in planning and facilitating meetings and managing working groups Flexibility to adapt to a changing environment and work effectively under pressure Beyond the Paycheck: Why You'll Love Working Here: We don't just offer a job; we invest in your entire life. Our "Total Rewards" package adds an extra 27% to 30%+ in value on top of your base salary. Comprehensive Health: Premium Medical, Dental, and Vision coverage for you and your family.Future-Proofing: 401(k) retirement planning and employer-paid Life, AD&D, and Disability insurance (Short & Long Term).Rest & Recharge: Generous paid vacation, official holidays, plus 2 floating holidays to use whenever you need a break.Family-Friendly: Inclusion for your "+1" and dependents, plus Pet Insurance for your furry family members. The above statements intend to describe the general nature and level of work performed by people assigned to do this job. The above does not intend to be an exhaustive list of all responsibilities and duties required. We desire to build and cultivate an inclusive environment that brings together a diverse workforce with unique experiences, backgrounds, talents, and perspectives. External and internal applicants, as well as position incumbents who become disabled as defined under the Americans with Disabilities Act must be able to perform the essential job functions (as listed) either unaided or with the assistance of a reasonable accommodation to be determined by management on a case by case basis. Compensation details: 00 Yearly Salary PIa1584cba5-
Background 2Life Communities has been at the heart of positive change in the affordable senior housing ecosystem since 1965. We develop, manage, and advocate for high-quality, affordable housing and services that support aging in community, helping older adults and their families enjoy stability, dignity, and peace of mind. Our mission is to ensure that every older adult has the opportunity to live a full life of connection and purpose in a dynamic, supportive environment. Position summary The Senior Real Estate Project Manager (SREPM) will work closely with and under the supervision of the Chief of Real Estate as well as the Director of Real Estate Development. As a valued member of the Real Estate Team, they will embrace 2Life's mission and work to facilitate the highest standards for senior housing development and operations. 2Life's Real Estate Team is uniquely collaborative and highly skilled in its approach to project management. We work closely with each other and with 2Life's Finance, Facilities, Property Management, Compliance, Resident Services, and Programs teams to lay the foundation for successful long-term project operations. The SREPM will adhere to a flexible, creative, and value-driven approach to real estate development. They will develop and maintain collaborative relationships with project teams, consultants, board members, volunteers, and 2Life's property management, fund development, administrative, and resident service staff. The SREPM will have specific project leadership responsibilities and share the responsibility for 2Life's entire real estate portfolio. They will participate in Real Estate team meetings, and activities focused on advancing 2Life's mission to preserve and expand the portfolio. Essential job functions The SREPM will have shared responsibility for a portfolio of affordable supportive housing projects. They will lead the development of at least two real estate projects through construction completion and transition to operations. The SREPM will: Collaborate with 2Life's Program staff to seek, secure, and manage relationships with prospective program and service providers during the development phase to accomplish desired program goals Lead project teams, including 2Life staff and consultants, utilizing best practices, supporting transparency and information sharing, and encouraging buy-in through collaborative decision-making whenever possible and practical Take projects through zoning and permitting, including managing community relations Prepare and manage complex development proformas and funding applications, securing predevelopment, construction, and permanent financing Manage financial closings, relationships with financial partners, and compliance with financing requirements during the construction period Work with 2Life's Facilities team to manage construction, including the coordination of internal stakeholder input and the management of 2Life's contracts with the owner's representative, architect, and contractor Prepare regular updates and reports to 2Life's staff, Board of Directors, and Real Estate Committee as may be required Support 2Life's effort to integrate innovative programs and populations into 2Life's real estate projects, creating partnerships with senior service providers and leveraging investments from public and private healthcare institutions and insurers Represent 2Life at public events and on external committees that benefit 2Life's real estate activities and support career growth and learning Complete other duties as requested and assigned Preparation, knowledge, skills, and abilities Master's degree in Urban Planning, Real Estate, Finance or the equivalent in training and experience Minimum of eight (8) years of work experience in affordable housing real estate project management Highly motivated, flexible, and able to work independently and with a team Creative problem solver who can adapt to find multiple paths to overcome challenges and bring a warm sense of humor Ability to adhere to 2Life's non-profit real estate development principles so that projects are highly innovative and successfully balance mission, feasibility, and risk Exceptional project management skills, with proven ability to manage multiple priorities and deadlines with attention to detail A clear understanding of affordable housing funding programs, such as the Low Income Housing Tax Credit (LIHTC), HOME, CPA, CDBG, Section 8, MRVP, and Section 202, and a proven track record in securing such funding for projects Demonstrated success in creating and managing a complex development proforma, preferably for a LIHTC-funded affordable housing project Well-developed interpersonal, writing, and verbal communication skills, including the confidence to serve as an external voice for 2Life's projects and mission Successful in planning and facilitating meetings and managing working groups Flexibility to adapt to a changing environment and work effectively under pressure Beyond the Paycheck: Why You'll Love Working Here: We don't just offer a job; we invest in your entire life. Our "Total Rewards" package adds an extra 27% to 30%+ in value on top of your base salary. Comprehensive Health: Premium Medical, Dental, and Vision coverage for you and your family.Future-Proofing: 401(k) retirement planning and employer-paid Life, AD&D, and Disability insurance (Short & Long Term).Rest & Recharge: Generous paid vacation, official holidays, plus 2 floating holidays to use whenever you need a break.Family-Friendly: Inclusion for your "+1" and dependents, plus Pet Insurance for your furry family members. The above statements intend to describe the general nature and level of work performed by people assigned to do this job. The above does not intend to be an exhaustive list of all responsibilities and duties required. We desire to build and cultivate an inclusive environment that brings together a diverse workforce with unique experiences, backgrounds, talents, and perspectives. External and internal applicants, as well as position incumbents who become disabled as defined under the Americans with Disabilities Act must be able to perform the essential job functions (as listed) either unaided or with the assistance of a reasonable accommodation to be determined by management on a case by case basis. Compensation details: 00 Yearly Salary PIa1584cba5-
Old National Bank
Nashville, Tennessee
Commercial Underwriter III - Healthcare/ Sr Living Facilities Job Locations US-IL-Chicago - US-IL-Deerfield - US-MN-Minneapolis - US-IL-Palos Heights - US-MI-Grand Rapids - US-MN-Lake Elmo - US-MN-St Louis Park - US-MI-Troy - US-TN-Nashville - US-IN-Evansville Category/Function Lending/Commercial/Consumer/Credit Position Type Regular Full-Time Requisition ID 7 Workplace Type On Site Overview Old National Bank has been serving clients and communities since 1834. With over $70 billion in total assets, we are a regional powerhouse deeply rooted in the communities we serve. As a trusted partner, we thrive on helping our clients achieve their goals and dreams, and we are committed to social responsibility and investing in our communities through volunteering and charitable giving. We continually seek highly motivated and talented individuals as our people are critical to our success. In return, we offer competitive compensation with our salary and incentive program, in addition to medical, dental, and vision insurance. 401K, continuing education opportunities and an employee assistance program are also included in our benefit suite. Old National also offers a variety of Impact Network Groups led by team members who are passionate about driving engagement, creating awareness of diverse backgrounds and experiences, and building inclusion across the organization. We offer a unique opportunity to join a growing, community and client-focused company that is firmly rooted in its core values. Responsibilities Salary RangeThe salary range for this position is $61,200/Yr. - $165,100.00/Year plus incentive compensation. Final compensation will be determined by location, skills, experience, qualifications and the level of career at which the position is filled. We are growing and have an opportunity for a Commercial Underwriter III in the Specialty Healthcare Senior and Assisted Living segmentation. This role has the primary responsibility of structuring and underwriting healthcare lending opportunities balancing risk and growth ensuring loan structures are appropriate and consistent with bank lending standards, assigning an appropriate asset quality rating in a fast-paced, high-volume environment completing a detailed financial analysis to obtain a deeper understanding of an application's credit risk. A Commercial Underwriter will collaborate with Relationship Managers ("RM"), internal support staff, and others to provide credit expertise to underwrite and monitor the portfolio. We are an in-office culture. You could be based in any of the following: 8750 W Bryn Mawr Avenue, Chicago (close to Rosemont and the Blue Line Cumberland station), Palos Heights IL, Deerfield IL, Nashville Gulch TN, Evansville IN, Troy MI, Grand Rapids MI, and Minneapolis /St. Paul, MN. Key Accountabilities Structure and Underwrite Loans Focus primarily on senior housing, hospitals and ancillary medical services Underwrite new credit requests, renewals, and modifications focusing on appropriate due diligence, risk assessment and asset quality ratings (AQR) Meet quality standards as outlined in ONB underwriting guidelines and policy Produce high quality and accurate analysis while also not sacrificing efficiency in a fast-paced, high volume environment juggling multiple requests while adhering to client driven response timelines, etc. Partner with respective Relationship Managers Provide credit expertise using a consultative approach; assist in structuring loans applying proficient knowledge, understanding, and application of ONB guidelines/standards/policies, risk assessment and analysis; effectively communicate risks, questions, and options to RM seeking win-win solutions. Develop and enhance knowledge of assigned segmentation and portfolio by leveraging internal and external resources and expertise Partner well with associates on revenue generating sales team, support teams and others in Credit to ensure a collaborative, team, and empowered environment Monitor Portfolio Accurately assign asset quality ratings (AQR) Work with assigned RMs to monitor the credit portfolio to maintain strong asset quality; review quarterly trend analysis reports, address default situations, delinquencies, review maturing notes, receipt of financial information, review covenant default and Borrowing Base Certificate (BBC) reports and other reports as appropriate. Prepare cash flows and monitor key metrics to present quarterly to ONB's executive team and internal reviewers as part of the Healthcare Portfolio Review meetings Key Competencies for Position Cultural Leadership: Communication - effectively shares information and ideas with individuals and groups; displays organization and self-management, tailors the delivery to the audience, and selects suitable delivery methods. Collaboration - actively seeks, develops and maintains trusted relationships with others to achieve business goals and objectives. Execution Leadership: Drive and Execution - committed to achieving established goals, overcoming obstacles, and continuously learning; focuses on ways to succeed by changing strategies, increasing effort, using varying approaches; seeks and leverages opportunities to collaborate with others to achieve results Problem Solving/Decision Making - with minimal oversight, seeks to identify what caused an issue; incorporates input from multiple sources (e.g., lines of business, subject matter experts, data, policies, procedures, etc.) to ensure effective action and shared ownership; decisions are sound based on what was known at the time and are based on a blend of analysis, wisdom, experience, and judgement. Adaptability - flexible and agile (can be a utility player); modifies behavior and approach to deal effectively with changing business needs, conditions, work responsibilities and requirements, and client needs; maintains effectiveness when experiencing change; accepts new challenges/shifts/change in a "can-do" way; focuses on the beneficial aspects of change Technical Knowledge - possesses the required technical knowledge to perform the role effectively; continuous learning to adopt new trends or expertise; applies credit and banking expertise, industry knowledge, skills and abilities to demonstrate and sustain a depth and breadth of applicable technical underwriting knowledge Client Leadership: Client Leadership - Puts the client in the forefront; strives to delight clients/partners by becoming a trusted advisor, establishes long-term productive relationships by viewing and understanding outcomes and operations through the eyes of the client, identifying and acting upon needs, and delivering increased value Qualifications and Education Requirements Demonstrate at least 3-7 years' progressive experience within Commercial Credit experience is required with each incremental level of responsibility. Healthcare Underwriting experience required; senior and assisted living facilities preferred. Bachelor's degree in finance, accounting or related field. Demonstrated ability to independently (with limited oversight), understand, analyze and interpret financial statements. Demonstrated ability to independently (with limited oversight), build out cash flows to determine borrower's overall ability to repay debt. Understands and takes appropriate action related to risks associated with lending to healthcare borrowers Basic knowledge of loan structuring, borrowing causes and lending regulations; ability to comply with and conform to ONB lending policies, guidelines and standards. Proficient in excel and a firm understanding of key bank underwriting metrics. Must be able to make sound independent decisions and communicate those decisions clearly and effectively to the internal/external client quickly given the high volume, fast-paced environment Must be able to actively listen, quickly identify issues as well as opportunities when they arise, and problem solve in real-time to move the work accordingly Must feel comfortable working in a collaborative team environment along with being an independent thinker. Key Measures of Success/Key Deliverables Meet or exceed CAM production expectations Ensure acceptable quality and accuracy of work as assessed by loan review, OCC, and/or management Maintain strong asset quality demonstrating sound underwriting, and credit monitoring Contribute to the bank's financial success by achieving targets for credit quality and supporting the bank's growth goals Old National is proud to be an equal opportunity employer focused on fostering an inclusive workplace and committed to hiring a workforce comprised of diverse backgrounds, cultures and thinking styles. As such, all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, protected veteran status, status as a qualified individual with disability, sexual orientation, gender identity or any other characteristic protected by law. We do not accept resumes from external staffing agencies or independent recruiters for any of our openings unless we have an agreement signed by the Director of Talent Acquisition, SVP, to fill a specific position. Our culture is firmly rooted in our core values.We are optimistic. We are collaborative. We are inclusive. We are agile. We are ethical.We are Old National Bank. Join our team!
Commercial Underwriter III - Healthcare/ Sr Living Facilities Job Locations US-IL-Chicago - US-IL-Deerfield - US-MN-Minneapolis - US-IL-Palos Heights - US-MI-Grand Rapids - US-MN-Lake Elmo - US-MN-St Louis Park - US-MI-Troy - US-TN-Nashville - US-IN-Evansville Category/Function Lending/Commercial/Consumer/Credit Position Type Regular Full-Time Requisition ID 7 Workplace Type On Site Overview Old National Bank has been serving clients and communities since 1834. With over $70 billion in total assets, we are a regional powerhouse deeply rooted in the communities we serve. As a trusted partner, we thrive on helping our clients achieve their goals and dreams, and we are committed to social responsibility and investing in our communities through volunteering and charitable giving. We continually seek highly motivated and talented individuals as our people are critical to our success. In return, we offer competitive compensation with our salary and incentive program, in addition to medical, dental, and vision insurance. 401K, continuing education opportunities and an employee assistance program are also included in our benefit suite. Old National also offers a variety of Impact Network Groups led by team members who are passionate about driving engagement, creating awareness of diverse backgrounds and experiences, and building inclusion across the organization. We offer a unique opportunity to join a growing, community and client-focused company that is firmly rooted in its core values. Responsibilities Salary RangeThe salary range for this position is $61,200/Yr. - $165,100.00/Year plus incentive compensation. Final compensation will be determined by location, skills, experience, qualifications and the level of career at which the position is filled. We are growing and have an opportunity for a Commercial Underwriter III in the Specialty Healthcare Senior and Assisted Living segmentation. This role has the primary responsibility of structuring and underwriting healthcare lending opportunities balancing risk and growth ensuring loan structures are appropriate and consistent with bank lending standards, assigning an appropriate asset quality rating in a fast-paced, high-volume environment completing a detailed financial analysis to obtain a deeper understanding of an application's credit risk. A Commercial Underwriter will collaborate with Relationship Managers ("RM"), internal support staff, and others to provide credit expertise to underwrite and monitor the portfolio. We are an in-office culture. You could be based in any of the following: 8750 W Bryn Mawr Avenue, Chicago (close to Rosemont and the Blue Line Cumberland station), Palos Heights IL, Deerfield IL, Nashville Gulch TN, Evansville IN, Troy MI, Grand Rapids MI, and Minneapolis /St. Paul, MN. Key Accountabilities Structure and Underwrite Loans Focus primarily on senior housing, hospitals and ancillary medical services Underwrite new credit requests, renewals, and modifications focusing on appropriate due diligence, risk assessment and asset quality ratings (AQR) Meet quality standards as outlined in ONB underwriting guidelines and policy Produce high quality and accurate analysis while also not sacrificing efficiency in a fast-paced, high volume environment juggling multiple requests while adhering to client driven response timelines, etc. Partner with respective Relationship Managers Provide credit expertise using a consultative approach; assist in structuring loans applying proficient knowledge, understanding, and application of ONB guidelines/standards/policies, risk assessment and analysis; effectively communicate risks, questions, and options to RM seeking win-win solutions. Develop and enhance knowledge of assigned segmentation and portfolio by leveraging internal and external resources and expertise Partner well with associates on revenue generating sales team, support teams and others in Credit to ensure a collaborative, team, and empowered environment Monitor Portfolio Accurately assign asset quality ratings (AQR) Work with assigned RMs to monitor the credit portfolio to maintain strong asset quality; review quarterly trend analysis reports, address default situations, delinquencies, review maturing notes, receipt of financial information, review covenant default and Borrowing Base Certificate (BBC) reports and other reports as appropriate. Prepare cash flows and monitor key metrics to present quarterly to ONB's executive team and internal reviewers as part of the Healthcare Portfolio Review meetings Key Competencies for Position Cultural Leadership: Communication - effectively shares information and ideas with individuals and groups; displays organization and self-management, tailors the delivery to the audience, and selects suitable delivery methods. Collaboration - actively seeks, develops and maintains trusted relationships with others to achieve business goals and objectives. Execution Leadership: Drive and Execution - committed to achieving established goals, overcoming obstacles, and continuously learning; focuses on ways to succeed by changing strategies, increasing effort, using varying approaches; seeks and leverages opportunities to collaborate with others to achieve results Problem Solving/Decision Making - with minimal oversight, seeks to identify what caused an issue; incorporates input from multiple sources (e.g., lines of business, subject matter experts, data, policies, procedures, etc.) to ensure effective action and shared ownership; decisions are sound based on what was known at the time and are based on a blend of analysis, wisdom, experience, and judgement. Adaptability - flexible and agile (can be a utility player); modifies behavior and approach to deal effectively with changing business needs, conditions, work responsibilities and requirements, and client needs; maintains effectiveness when experiencing change; accepts new challenges/shifts/change in a "can-do" way; focuses on the beneficial aspects of change Technical Knowledge - possesses the required technical knowledge to perform the role effectively; continuous learning to adopt new trends or expertise; applies credit and banking expertise, industry knowledge, skills and abilities to demonstrate and sustain a depth and breadth of applicable technical underwriting knowledge Client Leadership: Client Leadership - Puts the client in the forefront; strives to delight clients/partners by becoming a trusted advisor, establishes long-term productive relationships by viewing and understanding outcomes and operations through the eyes of the client, identifying and acting upon needs, and delivering increased value Qualifications and Education Requirements Demonstrate at least 3-7 years' progressive experience within Commercial Credit experience is required with each incremental level of responsibility. Healthcare Underwriting experience required; senior and assisted living facilities preferred. Bachelor's degree in finance, accounting or related field. Demonstrated ability to independently (with limited oversight), understand, analyze and interpret financial statements. Demonstrated ability to independently (with limited oversight), build out cash flows to determine borrower's overall ability to repay debt. Understands and takes appropriate action related to risks associated with lending to healthcare borrowers Basic knowledge of loan structuring, borrowing causes and lending regulations; ability to comply with and conform to ONB lending policies, guidelines and standards. Proficient in excel and a firm understanding of key bank underwriting metrics. Must be able to make sound independent decisions and communicate those decisions clearly and effectively to the internal/external client quickly given the high volume, fast-paced environment Must be able to actively listen, quickly identify issues as well as opportunities when they arise, and problem solve in real-time to move the work accordingly Must feel comfortable working in a collaborative team environment along with being an independent thinker. Key Measures of Success/Key Deliverables Meet or exceed CAM production expectations Ensure acceptable quality and accuracy of work as assessed by loan review, OCC, and/or management Maintain strong asset quality demonstrating sound underwriting, and credit monitoring Contribute to the bank's financial success by achieving targets for credit quality and supporting the bank's growth goals Old National is proud to be an equal opportunity employer focused on fostering an inclusive workplace and committed to hiring a workforce comprised of diverse backgrounds, cultures and thinking styles. As such, all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, protected veteran status, status as a qualified individual with disability, sexual orientation, gender identity or any other characteristic protected by law. We do not accept resumes from external staffing agencies or independent recruiters for any of our openings unless we have an agreement signed by the Director of Talent Acquisition, SVP, to fill a specific position. Our culture is firmly rooted in our core values.We are optimistic. We are collaborative. We are inclusive. We are agile. We are ethical.We are Old National Bank. Join our team!