Jobs · Analyst · New York

AVP, Acquisitions Associate

CREA, LLC · New York, NY · 1 mo ago
HybridAnalyst$98k–$162k/yrFull-time

Position Summary

CREA is seeking a driven, collaborative acquisitions professional to partner with the SVP, Originator in managing and advancing a pipeline of LIHTC development opportunities under Section 42 of the Internal Revenue Code. In this role, you will play a key part in conducting financial analysis, preparing investment committee packages, and coordinating materials in support of prospective investment opportunities. You will work closely with developers, third-party lenders, legal counsel, and internal CREA stakeholders across all levels, requiring strong communication skills and the ability to effectively manage relationships throughout the transaction lifecycle.

Primary Responsibilities

  • Maintain disciplined oversight and milestones of LIHTC transaction pipeline from prospect to signed Letter of Intent
  • Represent CREA internally and externally on behalf of SVP, Originator
  • Create, analyze, and update financial projections for affordable multifamily LIHTC residential properties, and assist in facilitating project structuring solutions amendable to both CREA and its developers
  • Review market studies, pro-formas, LIHTC applications, and sponsorship information to ensure conformance with specified investment requirements
  • Prepare transaction Placement Committee package inclusive of thorough project and development team overview, guarantor analysis and risk mitigants
  • Cordination across internal groups to source information for Placement Committee package
  • Prepare Letters of Intent and coordinate the analysis and incorporation of comments and post-Placement Committee approvals
  • Other duties, as requested by the SVP, Originator

Requirements

  • Bachelor’s degree required; Finance, Accounting, or Real Estate preferred
  • Minimum of 3 years of experience in financial analysis, financial modeling, and transactional multifamily LIHTC real estate
  • Strong communication and time management skills, with the ability to effectively collaborate with senior management and a broad external client base
  • Proficiency in Microsoft Office Suite, with advanced capabilities in Excel and working knowledge of Word
  • Ability to demonstrate effectiveness across all required core competencies
  • Ability to handle sensitive and confidential information with a high degree of discretion
  • Highly organized with strong attention to detail and the ability to effectively prioritize and manage multiple transactions
  • Capable of working independently with minimal supervision while maintaining quality and accountability

Core Competencies

  • Demonstrates integrity, professionalism, reliability, and sound judgment
  • Proactive, self-motivated approach with the ability to take initiative
  • Strong analytical, interpersonal, and communication skills, including clear and effective written and verbal communication
  • Capable of handling sensitive and confidential information with a high degree of discretion
  • Highly organized with strong attention to detail and the ability to effectively prioritize and manage multiple transactions

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