Affordable Housing Director of Acquisitions and Development

New York Permanent
  • Experience managing an affordable housing deal from acquisitions to close
  • lead pre-development work for affordable housing projects

About Our Client



My client is a New York based vertically integrated real estate investor, developer, owner, and operator specializing the residential sector. The company's comprehensive platform provides hands-on expertise across all multifamily disciplines, including acquisitions, development, design and construction, energy and sustainability, property management and social services. They are looking to bring on a Affordable Housing - Director of Acquisitions and Development (Remote) to their growing team.

Job Description

Affordable Housing - Director of Acquisitions and Development (Remote) will:

  • Support the Partner level in all aspects of affordable housing acquisition, rehabilitation, and development (Section 8, LIHTC, etc.) in core markets across the US
  • Expected to make substantial contributions to analysis that will inform the firm's investment decisions
  • Compilation of due diligence information including financial, market, site, and regulatory data
  • Analyzing and comparing complex partnership agreements and cash flow waterfalls
  • Manage project pro formas including budgets, schedule, timing, and underwriting assumptions
  • Completion of applications and documentation necessary for debt and equity financing, property purchase and sale, and government subsidy renewal
  • Involvement in contract negotiation and review of legal documentation for each project
  • Validation and defense of budgets, assumptions, and pro-forma analysis
  • Build, coordinate and lead internal team members and external consultants through conceptual design and entitlements leading to construction documents
  • Perform, coordinate and / or lead pre-development work such as preliminary architectural and engineering issues, zoning issues, local government and community support

The Successful Applicant

Affordable Housing - Director of Acquisitions and Development (Remote) will:

  • Bachelor's Degree in related field, advanced degree preferred.
  • 7-10 years of experience in real estate development and/or construction, preferably multifamily.
  • LIHTC and Section 8 development experience highly preferred.
  • Strong quantitative, financial analysis and modeling (excel) skills.
  • Exceptional research and writing abilities.
  • Exceptional written and verbal communications skills.
  • Strong project management skills and follow-through.
  • Ability to multi-task and prioritize appropriately in a constantly changing environment and act with a sense of urgency and accountability.
  • Highly driven and values entrepreneurial-ism; works well within ambiguity.
  • Exceptional attention to detail.
  • Sound judgment.
  • Some travel required

What's on Offer

Benefits for the Affordable Housing - Director of Acquisitions and Development (Remote) include:

  • Competitive salary, along with full benefits: 401(k) company matching, medical, dental, vision
  • Remote work opportunities
  • Wellness programs to promote employee health and self-care
Contact
Miranda Mars
Quote job ref
JN-102021-3636605

Job summary

Function
Operational & General Management
Subsector
Operational & General Management Subsector
Industry
Property & Construction
Location
New York
Contract type
Permanent
Consultant name
Miranda Mars
Job reference
JN-102021-3636605