Project Manager-Syndication

About the role

The Project Manager - Syndication at CAHEC leads the due diligence review, final underwriting and approval, and closing of complex real estate transactions. They manage the closing schedule and event milestones while providing timely reporting and updates for participants. They work in tandem with Risk Managers to prepare and present investment reports to obtain required closing approvals.

Responsibilities

• Establishing and communicating with participants a closing schedule and key deliverables to meet equity closing objectives.
• Coinciding with development team, internal staff, and CAHEC counsel to manage the collection and review of due diligence while maintaining quality control over the process.
• Collaborating with internal staff to prepare investment reports, review key analytics and underwriting, and obtain required approvals for equity closings.
• Collaborating with CAHEC counsel to produce and finalize equity closing agreements consistent with the approved investment conditions.
• Closing equity investments and transitioning closed investments to CAHEC’s Asset Management group.

Requirements

• Bachelor’s Degree in project management, operational research, real estate, finance, business, city planning, or related field; or an equivalent combination of education and comparable work experience.
• Minimum three (3) years progressively responsible work experience relevant to commercial real estate development, finance or lending; and direct work experience and knowledge of multi-family housing development.

Qualifications

• General knowledge of commercial real estate development, construction, corporate structuring, taxation, property management, and the Low Income Housing Tax Credit Program (Section 42 of the IRC).
• The ability to manage multiple, current priorities and easily adapt to changing priorities.
• The ability to think analytically to develop and recommend effective solutions.
• Proven ability to analyze and develop complex financial models in MS Excel as well as negotiating complex transactions tactfully.
• Excellent interpersonal and communications skills (written and verbal).
• The ability to foster effective working relationships with peers and partners.

Skills

• Knowledge of commercial real estate development, construction, corporate structuring, taxation, property management, and the Low Income Housing Tax Credit Program (Section 42 of the IRC).
• Ability to manage multiple, current priorities and easily adapt to changing priorities.
• Ability to think analytically to develop and recommend effective solutions.
• Proven ability to analyze and develop complex financial models in MS Excel as well as negotiating complex transactions tactfully.
• Excellent interpersonal and communications skills (written and verbal).
• Ability to foster effective working relationships with peers and partners.

Benefits

CAHEC offers a competitive compensation package based on a hiring range that is commensurate on experience, education, and level of responsibility. Additionally, CAHEC provides a very competitive benefits package.

Pay

Compensation is based on a hiring range that is commensurate on experience, education, and level of responsibility.

Schedule

This position is based out of CAHEC’s corporate office in Raleigh, NC. Travel, typically by either commercial airline or automobile, is required for at least 10% of this position. Certain objectives require working on-site at various locations, such as potential investments and properties in CAHEC’s investment portfolio, and some professional training and networking opportunities may also require travel.

CAHEC offers a hybrid work benefit for eligible positions. This position requires you to work a minimum of three days per week working in the Raleigh office.