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