Analyst/Associate, Affordable Acquisitions
Responsibilities
- Support the Deal Team Leader in all aspects of affordable housing acquisitions, financing, and development.
- Complete financial modeling and facilitate presentations with a focus on property valuation using a range of capital structures and financing tools unique to affordable housing.
- Compile and review due diligence information including financial, market, demographic, site, federal, and state regulatory data.
- Validate and defend budgets, assumptions, and pro-forma analysis, including the identification of challenges inherent to a given project.
- Communicate with investors, lenders, brokers, property managers, and industry consultants.
- Draft and complete applications and documentation necessary for debt and equity financing, property purchase and sale, government subsidies, and rental contract maintenance.
- Engage in community and resident outreach initiatives to tailor property improvements and services to meet the needs of neighborhoods and residents.
- Engage with internal Deal, Construction, Community Engagement, and Portfolio, Asset, and Property Management teams to ensure holistic measures of success are executed in each deal.
- Manage workflow and task completion across various teams and departments.
- Lead select internal presentations to Senior Related Affordable Leadership.
Qualifications
- A Bachelor’s degree required; MBA, Master of Public Policy or MRED preferred
- 2 - 5 years of professional experience, preferably in a banking or real estate environment.
- Ideal candidate will have experience with LIHTC and/or affordable housing finance.
- Adept at financial analysis with robust quantitative and modeling skills.
- Proficient in the standard suite of office applications and advanced proficiency in Microsoft Excel.
- An understanding of the principles of finance and accounting.
Compensation
The anticipated base salary range for this position is listed below. In addition to a competitive base salary, you will be eligible to receive discretionary bonus incentives and a comprehensive benefits package. Anticipated base salary range: $100,000 - $150,000 Actual base salary within the anticipated range will be determined by several components including, but not limited to, the individual's experience, skills, qualifications, and market factors.
Divisional Overview
Related Affordable leads the company’s efforts to preserve and improve the nation’s affordable housing stock. Affordable housing acquisitions and development have been the foundation of Related since the company was founded. Today, Related Affordable owns and oversees one of the largest affordable housing portfolios in the nation. The company is driven by the belief that everyone deserves a quality home and works hard to deliver that for communities across the country.
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