Analyst, Acquisitions

Essential Duties and Job Responsibilities:

Responsibilities:

·         Research and analyze targeted submarkets to gain additional knowledge of opportunities which may fit our investment criteria.

·         Research rents, transactions, and other data in each of the submarkets.

·         Analyze and underwrite property Net Operating Income (NOI) and market risk identifying the strengths, weaknesses, risks and     mitigants on potential acquisition prospects.

·         Reviewing broker submissions.

·         Complete performance analysis to determine viability of acquisition.

·         Liaise with Escrow and Title Representatives.

·         Coordinate presentations to company’s principals.

·         Manage database of brokerage contacts and deals evaluated.

·         Prepare sophisticated cash flow models for underwriting opportunities and reporting to management.

·         Supporting management in all aspects of an acquisition, including but not limited to due diligence, market research, and closing.

·         Transition deals from potential deals to closing pipeline.

·         Other relevant duties as assigned. 

Qualifications:

·         Bachelor’s degree in Economics, Business, Finance, or related emphasis. 

·         2-3 years work experience in real estate acquisitions, preferably with low-income housing tax credit projects.

·         Highly skilled in the use of MS Word , Excel, PowerPoint, and Outlook.

·         Strong skill set in financial modeling.

·         Strong fundamentals in real estate finance and accounting, passionate in deal structuring.

·         Ability to read a GAAP financial audit and interpret balance sheets, income statements and statements of cash of flows

·         Understand the financial and nonfinancial performance drivers.

·         Strong organizational and analytical skills and ability to handle multiple priorities in a fast-paced environment.

·         Excellent judgment and decision-making, interpersonal and time management skills with the ability to work under pressure and successfully meet deadlines.

·         Strong verbal/written communication skills with demonstrated ability to exercise tact and diplomacy with internal team and outside parties.

Preferred qualifications but not requirements:

·         Familiarity with affordable housing development, asset management or property management in the public or nonprofit sector.

·         Ability to read/interpret limited partnership agreements, loan documents and regulatory agreements.

·         Previous experience running an acquisition pipeline.

Additional Information:

This full-time exempt position comes with a competitive benefits package.