Would you like to help small nonprofits and local organizations for working for social good with their commercial real estate needs in RI?
189 Development, a small Providence-area foundation, is seeking a part-time commercial real estate consultant to help us with commercial (non-residential) real estate rentals and purchases for ourselves and our grantees who tend to be small nonprofits without in-house real estate knowledge.
This is a work-as-needed position with a monthly retainer. Workload will vary with the availability of suitable properties and our grantees’ needs. Work would mainly occur during regular business hours. Typical project requests would include:
· Non-residential commercial property expertise, particularly in Providence County
· Researching and gaining access to potential rental and purchase opportunities, which may include properties not officially on the market, to suit our needs and those of our grantees
· Acting as a buyer’s agent advising on and assisting with all aspects of a potential acquisition including pricing, negotiations, financing and closing
· Assisting with evaluation and negotiation of commercial leases, in coordination with legal counsel
· Managing due diligence, including environmental, structural, and other inspections, in coordination with legal counsel
Requirements:
· Licensed in RI
· Deep familiarity with commercial real estate and zoning and use codes in Providence, East Providence and Central Falls
· Network of useful contacts for the due diligence process
· Familiarity with commercial leases and purchases
· Understanding of and recent experience with commercial and nonprofit financing
Compensation via retainer (against which services are billed at an hourly rate) and commission (against which retainer will be credited)
