Jobs · Finance · California

Manager, Post Closing

LIHTC Leaders · Los Angeles, CA · 2 mo ago
Finance$105k–$110k/yrFull-time

April Housing is a leading owner and operator of high-quality affordable housing across the United States. Founded in 2022 and headquartered in Los Angeles, the company is a portfolio company of Blackstone Real Estate, supporting the affordable housing and LIHTC (Low-Income Housing Tax Credit) portfolio. April Housing's mission is to preserve critical affordable housing stock while delivering exceptional management and high-quality homes to the communities it serves, as a fair, transparent, and responsible owner. Backed by Blackstone Real Estate's long-term capital, the company is committed to preserving affordable housing across the country, including ongoing property improvements and elevated resident services.

Culture & Values

April Housing is building a team of bold, mission-driven professionals motivated by meaningful work and energized by collaboration. Team members work shoulder-to-shoulder with some of the most talented experts in the industry, gaining hands-on exposure that helps them grow their skills from day one in a dynamic, fast-paced environment. April Housing is looking for individuals who share its commitment to excellence and believe in the impact that thoughtful, well-executed work can have on communities.

About the role

To support April Housing's resyndication activities, the Post Closing Manager manages, facilitates, and coordinates administrative processes across all deals during the closing and construction phase.

Responsibilities

  • Review and coordinate moving and relocation contracts between project and asset management teams for adequacy of scope and budget
  • Coordinate Town Hall presentations to residents; attend Town Halls as appropriate
  • Work with the PMCO to verify transfer of the project to the new legal entity
  • Verify new partnership information is transferred within April Housing's record keeping systems
  • Coordinate with the Capital Markets team to ensure loan/bond information is entered into appropriate tracking systems
  • Coordinate with Asset Management and the PMCO to arrange pest control inspections and determine needed remediation activities
  • Interview prospective tenant relocation vendors; evaluate proposals and advise on vendor selection
  • Coordinate the resident relocation process between the relocation consultant and property managers
  • Facilitate problem solving on tenant issues related to renovation/resident relocation between property management, asset management, compliance, and relocation consultants
  • Attend weekly OAC calls; facilitate communication between contractors, property management companies, relocation consultants, and April Housing counterparties
  • Create residential onsite “hoteling plans” for select residents who cannot be temporarily relocated offsite
  • Lead small team meetings focused on clubhouse renovations
  • Coordinate timing/strategy of lease-up against projected credit delivery to investor with compliance, project management, asset management, and property managers
  • Produce a monthly update report on construction/lease-up activity across resyndication
  • Assist with coordination of final inspections of state agencies post-rehab completion
  • Support project managers, directors of construction, and the compliance team to ensure construction close-out documentation is obtained, filed, and submitted to appropriate agencies
  • Collect and review due diligence as needed for other workstreams

Requirements

  • 4–6 years' experience in multi-family facilities management, asset management, property management, or a combination thereof
  • Excellent interpersonal skills, with the ability to communicate with external and internal counterparts with a customer-service mentality
  • Strong writing and organizational skills
  • Facility with the Microsoft Office suite
  • Ability to manage and prioritize simultaneous and competing activities while meeting deadlines

Preferred Qualifications

  • Affordable housing exposure/experience a plus, but not required

Pay

$105K–$110K

Benefits

  • Health insurance coverage
  • Retirement savings plan
  • Paid holidays
  • Paid time off (PTO)
  • Eligible for discretionary bonus and incentive compensation on an annual basis

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