Director of Acquisitions - Affordable Housing

Position

The Director of Acquisitions will initially report to the Managing Director, Head of Affordable Housing Acquisitions.

Responsibilities

• Participate in establishing a 5-year operating plan to scale the opportunity.
• Build out the necessary infrastructure to support the strategy.
• Oversee the acquisition process, including sourcing, managing due diligence, reviewing third party reports, and working with legal and finance teams to facilitate closings.
• Prepare market analysis, underwriting and deal summaries for opportunities being recommended.
• Develop relationships within the brokerage, developer, and lender communities in target markets to facilitate opportunities.
• Attending selected conferences.

Qualifications

• 5-10 years of real estate acquisition and underwriting experience.
• Knowledge of the federal affordable housing programs (LIHTC & HAP) along with other legacy programs.
• Understanding of the various tax and financing alternative programs.
• Established relationships with regional third-party management companies.
• Established relationships within the investment sale broker community.
• College degree in real estate, business, finance, or accounting.
• Advanced degree a plus.
• Knowledge of market rate multi-family acquisitions a plus.
• Strong quantitative and analytical abilities; ability to quickly assess deal viability.
• Outstanding analytical, verbal, and written communication skills.
• Ability to communicate and develop effective working relationships with others in a team oriented, collaborative and deadline driven environment.
• Team player who loves to brainstorm, problem solve and who can think independently.

Compensation

We offer an excellent compensation package, and an exciting opportunity to grow and develop with a well-capitalized entrepreneurial real estate investment group. For immediate consideration please submit a resume with salary expectations. Resumes submitted with salary requirements will be considered first.