Real Estate Acquisitions Manager
1 month ago
Overview:
Gilbane Development Company is seeking a highly skilled and experienced Real Estate Acquisitions Manager to join its Affordable & Mixed-Income development team. As part of this team, you will play a pivotal role in shaping the company's value-add/opportunistic investment platform under the Affordable & Mixed-Income Division.
Responsibilities:
- Lead the sourcing, identification, acquisition, and execution of affordable housing acquisition projects, effectively managing proformas, schedules, and resources.
- 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.
- Make substantial contributions to analysis that will inform the company's investment decisions.
- Analyze and compare complex partnership agreements and cash flow waterfalls.
- Work collaboratively with the Senior Vice President to develop short- and long-term strategies to expand the affordable and mixed-income housing portfolio.
Requirements:
- BS or MS in Real Estate, Business, Finance, Marketing, Civil Engineering, Architecture, or related field.
- 10+ years of experience in multifamily real estate development and/or acquisitions.
- LIHTC and Section 8 development and acquisition experience highly preferred.
- Strong quantitative, financial analysis, and modeling (Excel) skills.
- Exceptional research and writing abilities.
Benefits:
Gilbane offers an excellent total compensation package, including competitive health and welfare benefits, a generous profit-sharing/401k plan, and opportunities for professional growth and development.
Salary: $220,000 - $280,000 per annum, depending on qualifications and experience.
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