Acquisitions Director - Affordable Housing at Gilbane in 88 Pine Street | USD195,000-250,000 | Kablio

Role

Description

financial analysis

due diligence

proforma modeling

acquisition sourcing

financing documentation

team leadership

Make substantial contributions to analysis that will inform the company's investment decisions
Compile due diligence information, including financial, market, site, and regulatory data
Validation and defense of budgets, assumptions, and proforma analysis
Support the Affordable & Mixed-Income Division in all aspects of affordable housing acquisition, rehabilitation, and development (Section 8, LIHTC, etc.) in core markets across the US
Lead the sourcing, identification, acquisition and execution of affordable housing acquisition projects, managing proformas, schedules, and resources effectively
Completion of applications and documentation necessary for debt and equity financing, property purchase and sale, and government subsidy renewal
Supervise and lead staff. Mentor and develop team members, fostering a culture of excellence, innovation, and accountability. Complete employee evaluations of assigned staff annually and interim evaluations as required
Work with counsel to negotiate all real estate transaction related documents, including purchase and sale documents, loan documents, equity investment agreements, and operating agreements of all types
Work collaboratively with the Senior Vice President to develop short- and long-term strategies to expand the affordable and mixed-income housing portfolio, as well as look for opportunities to reposition existing assets
Analyze and compare complex partnership agreements and cash flow waterfalls
Perform, coordinate and / or lead pre-development work such as preliminary architectural and engineering issues, zoning issues, local government, and community support
Build, coordinate and lead internal team members and external consultants through conceptual design and entitlements leading to construction documents

Requirements

multifamily

project management

excel

bs/ms

lihtc

financial modeling

10+ years of experience in multifamily real estate development and/or acquisitions
Exceptional research and writing abilities
Strong project management skills and follow-through
Ability to multi-task and prioritize appropriately in a constantly changing environment with a sense of urgency and accountability
Strong quantitative, financial analysis and modeling (excel) skills
BS or MS in Real Estate, Business, Finance, Marketing, Civil Engineering, Architecture, or related field
Exceptional attention to detail
Highly driven and values entrepreneurialism; works well within ambiguity
LIHTC and Section 8 development and acquisition experience highly preferred

Benefits

Gilbane offers an excellent total compensation package which includes competitive health and welfare benefits and a generous profit-sharing/401k plan. We invest in our employees’ education and have built Gilbane University into a top training organization in the construction industry. Qualified applicants who are offered a position must pass a pre-employment substance abuse test.

For New York City, this ranges from $195,000.00-$250,000.00 plus benefits and retirement program.

Training + Development

Information not given or found

Interview process

Information not given or found

Visa Sponsorship

Information not given or found

Security clearance

must pass a pre-employment substance abuse test.

Company

Overview

150 Years

History of Excellence

The company has a rich history spanning over 150 years, showcasing its enduring presence and evolution in the industries.

45+ Offices

Global Presence

Operates through a network of over 45 offices globally, enabling comprehensive project management across diverse locations.

As a family-owned company, Gilbane has built a reputation for excellence and reliability, operating through its two main subsidiaries: Gilbane Building Company and Gilbane Development Company.
The Gilbane Building Company is renowned for its comprehensive construction services, which encompass construction management, preconstruction, and facilities management.
On the real estate front, Gilbane Development Company is dedicated to creating and implementing dynamic real estate programs that cater to public, private, and nonprofit sectors. The company excels in real estate development, investment, and property management, offering a full spectrum of services that include site selection, financing, and project management.
Gilbane's approach is characterized by a client-focused philosophy, where the company adapts its global knowledge to address local challenges effectively.

Culture + Values

150 Years

Experience & Heritage

Reflects the company's extensive history and commitment to its core values and culture.

At the heart of our core values is Caring, which along with our genuine respect for people and the communities we serve, drives our commitment to make a social and sustainable impact. Our culture of safety and wellbeing, ethics, and core values assures our clients and partners that we always operate with their best interest in mind.
- Core values: Caring, Teamwork, Action-Oriented, Discipline, Integrity, Dedication to Excellence, Tenacity, Toughmindedness, Entrepreneurship, Loyalty.

Environment + Sustainability

The company is committed to eliminating waste, reducing pollution, and promoting recycling and the use of repurposed materials.
Gilbane's sustainability initiatives include programs aimed at reducing energy and water consumption while promoting health and wellness.
An example of Gilbane's commitment to sustainability is their participation in Earth Week, where they emphasize building with purpose and focus on sustainable construction practices.

Inclusion & Diversity

20%

Annual Goal

Percentage of projects that aim to include participation from women- and minority-owned businesses.

Their strategy focuses on fostering a workplace culture that promotes diversity, equity, and inclusion.
Committed to building a diverse workforce through intentional recruitment efforts and supporting diverse-owned businesses, such as those owned by minorities, women, LGBTQIA+ individuals, and veterans.
Actively participates in Construction Inclusion Week, underscoring their dedication to advancing a culture of belonging and equity within the industry.

Articles

Projects

Gilbane Development Company Community Impact Report - 2023

Family & History

Role

Description

financial analysis

due diligence

proforma modeling

acquisition sourcing

financing documentation

team leadership

Make substantial contributions to analysis that will inform the company's investment decisions
Compile due diligence information, including financial, market, site, and regulatory data
Validation and defense of budgets, assumptions, and proforma analysis
Support the Affordable & Mixed-Income Division in all aspects of affordable housing acquisition, rehabilitation, and development (Section 8, LIHTC, etc.) in core markets across the US
Lead the sourcing, identification, acquisition and execution of affordable housing acquisition projects, managing proformas, schedules, and resources effectively
Completion of applications and documentation necessary for debt and equity financing, property purchase and sale, and government subsidy renewal
Supervise and lead staff. Mentor and develop team members, fostering a culture of excellence, innovation, and accountability. Complete employee evaluations of assigned staff annually and interim evaluations as required
Work with counsel to negotiate all real estate transaction related documents, including purchase and sale documents, loan documents, equity investment agreements, and operating agreements of all types
Work collaboratively with the Senior Vice President to develop short- and long-term strategies to expand the affordable and mixed-income housing portfolio, as well as look for opportunities to reposition existing assets
Analyze and compare complex partnership agreements and cash flow waterfalls
Perform, coordinate and / or lead pre-development work such as preliminary architectural and engineering issues, zoning issues, local government, and community support
Build, coordinate and lead internal team members and external consultants through conceptual design and entitlements leading to construction documents

Requirements

multifamily

project management

excel

bs/ms

lihtc

financial modeling

10+ years of experience in multifamily real estate development and/or acquisitions
Exceptional research and writing abilities
Strong project management skills and follow-through
Ability to multi-task and prioritize appropriately in a constantly changing environment with a sense of urgency and accountability
Strong quantitative, financial analysis and modeling (excel) skills
BS or MS in Real Estate, Business, Finance, Marketing, Civil Engineering, Architecture, or related field
Exceptional attention to detail
Highly driven and values entrepreneurialism; works well within ambiguity
LIHTC and Section 8 development and acquisition experience highly preferred

Benefits

For New York City, this ranges from $195,000.00-$250,000.00 plus benefits and retirement program.

Training + Development

Information not given or found

Interview process

Information not given or found

Visa Sponsorship

Information not given or found

Security clearance

must pass a pre-employment substance abuse test.

Company

Overview

150 Years

History of Excellence

The company has a rich history spanning over 150 years, showcasing its enduring presence and evolution in the industries.

45+ Offices

Global Presence

Operates through a network of over 45 offices globally, enabling comprehensive project management across diverse locations.

As a family-owned company, Gilbane has built a reputation for excellence and reliability, operating through its two main subsidiaries: Gilbane Building Company and Gilbane Development Company.
The Gilbane Building Company is renowned for its comprehensive construction services, which encompass construction management, preconstruction, and facilities management.
On the real estate front, Gilbane Development Company is dedicated to creating and implementing dynamic real estate programs that cater to public, private, and nonprofit sectors. The company excels in real estate development, investment, and property management, offering a full spectrum of services that include site selection, financing, and project management.
Gilbane's approach is characterized by a client-focused philosophy, where the company adapts its global knowledge to address local challenges effectively.

Culture + Values

150 Years

Experience & Heritage

Reflects the company's extensive history and commitment to its core values and culture.

At the heart of our core values is Caring, which along with our genuine respect for people and the communities we serve, drives our commitment to make a social and sustainable impact. Our culture of safety and wellbeing, ethics, and core values assures our clients and partners that we always operate with their best interest in mind.
- Core values: Caring, Teamwork, Action-Oriented, Discipline, Integrity, Dedication to Excellence, Tenacity, Toughmindedness, Entrepreneurship, Loyalty.

Environment + Sustainability

The company is committed to eliminating waste, reducing pollution, and promoting recycling and the use of repurposed materials.
Gilbane's sustainability initiatives include programs aimed at reducing energy and water consumption while promoting health and wellness.
An example of Gilbane's commitment to sustainability is their participation in Earth Week, where they emphasize building with purpose and focus on sustainable construction practices.

Inclusion & Diversity

20%

Annual Goal

Percentage of projects that aim to include participation from women- and minority-owned businesses.

Their strategy focuses on fostering a workplace culture that promotes diversity, equity, and inclusion.
Committed to building a diverse workforce through intentional recruitment efforts and supporting diverse-owned businesses, such as those owned by minorities, women, LGBTQIA+ individuals, and veterans.
Actively participates in Construction Inclusion Week, underscoring their dedication to advancing a culture of belonging and equity within the industry.

Articles

Projects

Gilbane Development Company Community Impact Report - 2023

Family & History