Senior Acquisitions Manager

Description

Key duties include sourcing, underwriting, and executing affordable housing acquisitions—particularly Section 8 and LIHTC deals—while managing proformas, schedules, and resources. The manager builds relationships with brokers, HUD, and state or local agencies to secure approvals and financing, compiles due‑diligence data, negotiates partnership agreements, and collaborates with senior leadership on strategic growth. Responsibilities also cover financing documentation, legal negotiations, budget validation, leading design and entitlement phases, pre‑acquisition work, and supervising staff development.

• Source, identify, underwrite, acquire and execute affordable housing projects, including Section 8 and LIHTC transactions.
• Manage proformas, schedules and resources throughout the acquisition lifecycle.
• Build and maintain relationships with brokers, HUD, and state/local agencies to generate opportunities and secure approvals.
• Compile and analyze due‑diligence data (financial, market, site, regulatory) and evaluate partnership agreements and cash‑flow waterfalls.
• Negotiate partnership and equity agreements with joint‑venture partners and equity providers.
• Develop short‑ and long‑term acquisition strategies in partnership with senior leadership.
• Prepare financing applications, debt/equity documentation, and government subsidy renewal paperwork.
• Collaborate with legal counsel to negotiate purchase, loan, equity and operating agreements.
• Validate budgets, assumptions and proforma analyses; lead internal teams and consultants through design and entitlement phases.
• Draft letters of intent, preliminary proformas, renovation scopes and obtain feedback from lenders and investors.
• Supervise, mentor and evaluate staff, fostering a culture of excellence and innovation.

Requirements

Applicants must hold a BS or MS in Real Estate, Business, Finance, Engineering, Architecture, or a related field and possess at least eight years of multifamily acquisition experience focused on Section 8 and LIHTC transactions. Strong quantitative, financial modeling, research, and project‑management skills are required, along with the ability to multitask in a fast‑changing environment, entrepreneurial drive, and meticulous attention to detail. Preferred qualifications include established broker and equity‑provider relationships and experience acquiring properties in multiple states.

Gilbane does not accept unsolicited resumes from recruiting agencies and will not pay any third‑party fees. Unsolicited resumes will be considered Gilbane property and processed accordingly.

• Require 8+ years of multifamily acquisition experience, strong quantitative and modeling skills, and extensive knowledge of Section 8, Mark‑Up to Market, and LIHTC.
• Possess strong broker relationships and existing connections with LP equity providers (preferred).
• Ability to multitask, prioritize, and operate in a fast‑changing, ambiguous environment.
• Willingness to travel as needed.

Benefits

Compensation for the New York location ranges from $225,000 to $300,000 annually, plus a comprehensive benefits package, retirement program, profit‑sharing/401k plan, and potential long‑term incentives. Gilbane offers competitive health and welfare benefits and invests in employee education through Gilbane University. All hires must pass a pre‑employment substance‑abuse test, and the company adheres to affirmative‑action and equal‑opportunity employment standards.

• $225k‑$300k base salary (NY) plus benefits, retirement program and potential long‑term incentives.
• Competitive health and welfare benefits, profit‑sharing/401k plan, and access to Gilbane University training.

Training + Development

Interview process

Visa Sponsorship

Security clearance