Jobs · Business Development · New York

Senior Associate, Acquisitions & Originations

Standard Communities · New York, NY · 2 mo ago
On-siteBusiness Development$6/hrFull-time

About Standard Communities

Standard Communities is one of the largest owners, investors, and developers of affordable housing in the U.S., with $6B in assets under management, nearly 30,000 units across 23 states and Washington, D.C. The firm has built a vertically integrated, national platform designed to deliver high-quality housing at scale, without sacrificing speed, quality, or mission. With 18 years of execution across every market cycle, Standard Communities closes complex deals others can't, operating where the capital structures are most layered and regulatory environments are most demanding. The company targets 50,000 units by 2030.

Responsibilities

  • Source acquisition opportunities nationwide through investment sales broker relationships, direct owner outreach, and off-market channels, building and maintaining a consistent pipeline of affordable and mixed-income housing deals.
  • Manage CRM initiatives, tracking deal flow and prospective investments.
  • Cultivate and maintain relationships with brokers, syndicators, developers, lenders, and housing agencies to gain early visibility into new opportunities ahead of broad marketing.
  • Represent Standard Communities at industry conferences and broker events to build market presence and expand the firm’s network.
  • Evaluate prospective acquisitions with a focus on Section 8 and LIHTC properties, assessing regulatory eligibility, compliance status, and recapitalization or refinance potential.
  • Prepare and maintain financial models and underwriting analyses to evaluate pricing, yields, financing structures, and deal risk.
  • Perform market and rent comparable analysis, review of operating financials and rent rolls, and site-level assessments.
  • Track affordable housing transaction activity and regulatory developments affecting LIHTC and Section 8 properties.

Qualifications

  • 5+ years of relevant work experience in brokerage, investment sales, or acquisitions.
  • Previous experience in affordable programs, specifically Section 8 and LIHTC, is preferred.
  • Established relationships with affordable housing investment sales brokers, syndicators, and owners preferred.
  • Bachelor’s Degree – Finance, Real Estate, Business, or Economics Concentration is a plus.
  • Strong financial modeling skills and proficiency in Excel.
  • Excellent verbal and written communication skills, with the presence and credibility to represent the firm externally with brokers, owners, and capital partners.
  • Tremendous organizational skills and the proven ability to manage multiple transactions simultaneously in a deadline-driven environment.
  • Willingness to travel for property visits, broker meetings, and industry conferences.

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