Description

• Implement tools and processes to improve department efficiency, such as pro forma and project management systems.
• Build relationships with local officials, community stakeholders, investors, and banks to support project goals.
• Conduct financial feasibility analyses for LIHTC projects, workforce rental communities, and market-rate housing.
• Negotiate and manage contracts for project acquisitions.
• Lead pre-development activities, including site selection, zoning, contract negotiations, and deal structuring.
• Identify and evaluate potential multifamily housing acquisition opportunities including responding to RFPs and engaging with government officials on land use policies.
• Prepare and deliver Investment Committee presentations to executive leadership team.
• Lead due diligence activities and manage project proformas from conceptualization to approval and handoff to the finance team.
• Collaborate with the acquisitions team to achieve the goal of securing five new projects annually.
• Pursue subsidies and incentives to support affordable housing projects per approved financial plans.
• Draft Letters of Intent (LOIs) and review Purchase and Sale Agreements (PSAs), providing feedback to attorneys and executives.
• Collaborate with cross-disciplinary teams (finance, construction, development and property management) to guide projects through completion and stabilization.
• Develop acquisition strategies focused on LIHTC projects to improve project identification and success rates, while exploring alternative development opportunities beyond California.

Requirements

• Advanced financial modeling and analytical skills, particularly in Microsoft
• Experience in property management, construction management, or asset management is beneficial.
• California DRE Salesperson or Broker License is a plus but not
• Proficiency in conducting pro forma analyses for multifamily
• Strong written and verbal communication
• 5-7 plus years of experience in real estate acquisition, development, or investment analysis within multifamily
• Bachelor’s degree or higher in real estate, finance, or a related
• Knowledge of affordable housing financing, including LIHTC, is strongly
• Ability to work effectively under deadlines in a team
• Ability to travel as needed.
• Familiarity with California land use policies and entitlement

Benefits

Training + Development

Interview process

Visa Sponsorship

Security clearance