SVP, Acquisitions & Investment Management
About the role
The Senior Vice President, Acquisitions will lead the execution of WDAE's lower-tier LIHTC investment strategy, ensuring disciplined underwriting, efficient transaction management, and consistent, high-quality closings. They will also oversee negotiations, manage workflows, and train and support the team.
Responsibilities
- Lead the Acquisitions Team in due diligence, underwriting, negotiation, and closing process for WDAE’s affordable housing investments.
- Oversee negotiations and communications with developers, monitor WDAE’s business positions in transaction documents, and supervise outside counsel.
- Manage workflows related to Property Acquisition Report (“PAR”) packages, models, Investment Committee materials, and investor deliverables.
- Interface with investors regarding deal structure, due diligence, underwriting assumptions, and transaction risks.
- Communicate with developers to facilitate closings, resolve issues, and maintain negotiation boundaries.
- Train, motivate, and support Acquisitions Team members, focusing on underwriting, fiduciary awareness, and governance protocols.
- Collaborate with Originations, Investor Relations, Asset Management, and Finance to balance platform growth, execution quality, investor expectations, and risk management.
- Provide strategic recommendations to the Group Head of Affordable Equity and executive management.
- Participate in organizational plans, investment programs, and platform initiatives.
Requirements
- Bachelor’s degree in business, real estate, finance, accounting, or a related field required; CPA, JD, MBA, or MST preferred.
- 15+ years of experience in real estate finance, including significant experience in Section 42 Low Income Housing Tax Credit (LIHTC) syndication or multifamily housing.
- Demonstrated experience underwriting and structuring LIHTC real estate transactions.
- Experience managing complex real estate transactions through due diligence, negotiation, and closing.
- Experience supervising, mentoring, and leading high-performing professional teams.
- Experience working with developers, investors, lenders, and legal counsel in affordable housing transactions.
- Familiarity with escrow processes and title and survey review preferred.
Qualifications
- Deep knowledge of real estate development and finance, including land use and entitlement, property due diligence and acquisition, site planning and design, and affordable housing subsidy programs.
- Strong analytical and problem-solving skills with the ability to identify, evaluate, and resolve complex transaction issues.
- Excellent oral and written communication skills, including client-facing and public presentation abilities.
- Exceptional organizational skills with strong attention to detail and the ability to manage multiple priorities in a time-sensitive environment.
- Demonstrated leadership capability, including mentoring, coaching, and performance management.
- High level of professional judgment and discretion in handling confidential and sensitive information.
- Ability to communicate effectively across all levels of the organization.
- Ability to take ownership of work, exercise sound judgment, embrace challenges, and adapt to new processes, systems, and business priorities.
- Demonstrated professionalism, courtesy, respect, and thoughtfulness when working with colleagues, clients, investors, and other stakeholders.
- Strong executive presence, with the ability to influence decisions, communicate risk clearly, and build credibility with internal and external stakeholders.
Skills
- Knowledge of real estate development and finance.
- Strong analytical and problem-solving skills.
- Excellent communication skills.
- Exceptional organizational and attention to detail skills.
- Leadership and mentoring capabilities.
- Professional judgment and discretion.
- Effective communication and influence skills.
- Executive presence and decision-making ability.
Benefits
Comprehensive benefit options including up to 83% subsidized medical payroll deductions, competitive dental and vision benefits, a 401(k) + match, pre-tax transit and commuting benefits, a robust health and wellness program, paid maternity and parental leave, company-paid life, short and long-term disability insurance, a Health Savings Account and Healthcare and Dependent Care Flexible Spending, career development opportunities, empowerment and encouragement to give back, volunteer hours and donation matching, and equal employment opportunity.
Pay
$225,000 - $250,000 plus a discretionary bonus.
Schedule
Attendance is generally required from 8:30 am – 5:30 pm local time, Tuesday through Thursday, with the option to work remotely on Mondays and Fridays.