Vice President of Acquisitions - LIHTC Syndication
Specialty Consultants Inc., Irvine, California, United States, 92713
SCI
has been retained by one of the largest national
syndicators, fund managers, owners
and
developers
of
affordable housing
in the nation, to recruit a
Vice President of Acquisitions . Our client is a privately-held organization with a track record of investing in over
100k+ units
and transacting on
$10bil.+ in RE
This role focuses on
driving and closing deals
brought in by originations, including underwriting, structuring, negotiating and closing equity investments on Low Income Housing Tax Credits (LIHTC) affordable housing communities throughout the nation for a recognized leader in the field.
Position Responsibilities:
Analyze projects to determine feasibility and run and manage projections that ensure project's yield is maintained at closing
Assess market conditions, review and analyze all third party data (e.g. market studies, construction plan and cost reviews, Phase ones, appraisal, etc.); and other DD provided for underwriting guidelines
Underwrite transactions by addressing strengths/weaknesses of a transaction, including identifying how risks are managed
Oversee Underwriters who provide support in the closing of the LIHTC equity investment;
Prepare investment package and present for Investment Committee approval
Work closely with legal counsel and Acquisitions to negotiate partnership agreements with developers
Work closely with Investor Relations team to place deal in an investment fund
Manage expectations and relationships with developer clients throughout the underwriting and closing process
Qualifications:
Bachelor's in Business, Economics, Finance, Real Estate or related field (Master's Degree preferred);
6-15 years of execution of LIHTC deals from syndication or developer side.
Proficient in Word, Excel and financial modeling;
Highly motivated self-starter, attention to detail and ability to manage multiple tasks/projects simultaneously.
Well-developed analytical and problem solving skills;
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has been retained by one of the largest national
syndicators, fund managers, owners
and
developers
of
affordable housing
in the nation, to recruit a
Vice President of Acquisitions . Our client is a privately-held organization with a track record of investing in over
100k+ units
and transacting on
$10bil.+ in RE
This role focuses on
driving and closing deals
brought in by originations, including underwriting, structuring, negotiating and closing equity investments on Low Income Housing Tax Credits (LIHTC) affordable housing communities throughout the nation for a recognized leader in the field.
Position Responsibilities:
Analyze projects to determine feasibility and run and manage projections that ensure project's yield is maintained at closing
Assess market conditions, review and analyze all third party data (e.g. market studies, construction plan and cost reviews, Phase ones, appraisal, etc.); and other DD provided for underwriting guidelines
Underwrite transactions by addressing strengths/weaknesses of a transaction, including identifying how risks are managed
Oversee Underwriters who provide support in the closing of the LIHTC equity investment;
Prepare investment package and present for Investment Committee approval
Work closely with legal counsel and Acquisitions to negotiate partnership agreements with developers
Work closely with Investor Relations team to place deal in an investment fund
Manage expectations and relationships with developer clients throughout the underwriting and closing process
Qualifications:
Bachelor's in Business, Economics, Finance, Real Estate or related field (Master's Degree preferred);
6-15 years of execution of LIHTC deals from syndication or developer side.
Proficient in Word, Excel and financial modeling;
Highly motivated self-starter, attention to detail and ability to manage multiple tasks/projects simultaneously.
Well-developed analytical and problem solving skills;
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