Real Estate Acquisitions Manager

1 month ago


New York, New York, United States Gilbane Development Full time

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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