Senior Associate

Overview

Handle LIHTC acquisitions, underwriting, deal execution, and asset management.

Key Responsibilities

• transaction closing
• financial modeling
• asset monitoring
• site inspections
• acquisition analysis
• design coordination

Tasks

-Assist with transaction closings including processing due diligence requests, legal documents, and financing applications for housing finance agencies, lenders, and investors. -Perform financial modeling and analysis to evaluate and structure potential transactions. -Work with asset management and property management to monitor ongoing operations of properties in the portfolio. -Travel to property sites for inspections, due diligence, and meetings with residents, officials, and community stakeholders. -Support acquisitions efforts including evaluating offering memorandums, responding to Request for Proposals (RFPs), preparing investment analyses/memos, and providing recommendations. -Support design and construction decisions in close coordination with third-party consultants (i.e., Architects, Engineers, etc.) and participate in meetings and construction administration.

Requirements

• excel
• affordable housing
• degree
• 2+ years
• analytical
• team player

What You Bring

-Strong in Microsoft Office, specifically Excel, Word, and PowerPoint -Background in community development and/or construction a plus -A team player, able to work well in an entrepreneurial environment across multiple L+M teams and development partners. -Knowledge of affordable housing finance -Undergraduate and/or graduate degree. -Self-starter with proven ability to prioritize/execute in a fast-paced environment, solve problems, and manage multiple active projects with simultaneous deadlines. -Excellent interpersonal and communication skills (oral and written). -Must have a minimum of 2 years of relevant work experience, specifically managing and underwriting affordable housing properties (i.e., HUD, Section 8, tax-exempt bonds, and LIHTC). -Strong quantitative, analytic, and organizational skills with attention to detail. Assist with managing the day-to-day execution of acquisitions and rehabilitation projects. Able to grow into being the primary contact on certain project matters.

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About L+M Development Partners Llc

-Founded with a vision to transform urban spaces, the company has a rich history of creating vibrant, sustainable communities. -It operates a diverse portfolio across residential, commercial, and mixed-use developments, with a strong focus on affordable housing solutions. -Known for its innovative approach, it tackles complex projects with a deep understanding of market trends and local needs. -The company has successfully completed high-profile projects in urban centers, revitalizing neighborhoods and contributing to the economic growth of cities. -It brings a creative vision to every project, delivering spaces that serve both the community and investors. -Their ability to navigate complex financial and regulatory landscapes allows them to undertake large-scale, multifaceted developments. -With a commitment to excellence, the company combines real estate expertise with a dedication to creating long-lasting impacts in the built environment.

Sector Specialisms