Acquisitions Analyst

LINC HOUSING POSITION DESCRIPTION

POSITION TITLE:      Acquisitions Analyst

FLSA STATUS: Exempt

EFFECTIVE DATE:    August

Hiring Range: $73,366.56 to $86,313.60

Note: New hires are placed within the hiring range based on their qualifications, experience, and alignment with the internal equity of existing staff members.  Exceptions are considered only in rare cases where a candidate possesses highly specialized skills or expertise that are difficult to find in the market and are directly aligned with the position description.

POSITION SUMMARY

The Acquisitions Analyst assists the Vice President of Acquisitions with identifying and analyzing new acquisition opportunities that align with the strategy and business goals of Linc Housing. This position conducts research, provides financial and pre-construction analysis, running proformas, manages data, manages relationships with local planning and other public sector staff, assists with the due diligence process, assists with the response of Request for Proposals, and performs a variety of complex tasks related to acquisition, entitlement, project management, planning, contracting, and regulatory compliance.

ESSENTIAL FUNCTIONS

Acquisitions Analyst Functions:

• Supports the Vice President of Acquisitions in analyzing marketed and off-market opportunities in targeted markets.
• Assists in studying feasibility of prospective sites, including financial feasibility and proformas, physical due diligence, acquisition valuation, market assessments, political feasibility, entitlement pathways, and initial community engagement.
• Assists and leads certain aspects of RFQ/RFP responses for new acquisition opportunities.
• Assists in underwriting new projects for interim and final financing sources under supervision of senior acquisition staff at Linc.
• Assist in coordinating the assemblage of project consultants during due diligence and early entitlement stage for projects recently under site control, including providing design feedback to architects.
• Provides due diligence assistance with zoning requirements, architectural requirements, utility availability, surveys, title exceptions, rollback tax estimations, soil reports, financial analysis, environmental reports, work proposals, preliminary engineering, and land planning.
• Verifies that all final/reviewed site-specific information is consistent throughout the project file documentation and tracking system.
• Communicates frequently with all project team members to ensure terms and schedules related to site control are understood and proceeding as needed to meet project deadlines.
• Provides accurate and up-to-date land acquisition status to internal and external stakeholders on a regular basis.
• May support public presentations and attend City Council, Planning Commission and other government agency meetings, as needed.
• Research new state and local policies that streamline the entitlement process.

KNOWLEDGE, SKILLS & ABILITIES

• Strong writing and verbal skills.
• Ability to work in a team environment.
• Ability to prioritize and organize tasks and information quickly and efficiently, as well as being able to multi-task.
• Exceptional analytical skills; ability to anticipate potential risks, threats and barriers.
• Fluent in Microsoft Word, and PowerPoint. Intermediate to advanced Excel.
• Understanding of basic real estate legal principles, title, and contract terms
• Strong time management and planning skills.
• Strong understanding of California land use practice and constraints with respect to zoning, environmental, and geotechnical issues.
• Experience in navigating entitlement submissions for affordable housing in at least one jurisdiction of California.
• Strong attention to detail.
• Independent thinker able to thrive in a fast paced and dynamic environment.
• Team player with strong initiative, able to work autonomously to complete tasks.
• Confidence with public speaking, cold-calling, and negotiating with landowners and community representatives.

EDUCATION & EXPERIENCE

• BS/BA/AA Degree or equivalent education and experience.
• Minimum of one year in related field.
• Ideal candidate will have some experience working in affordable housing with Low Income Housing Tax Credit (LIHTC).

PHYSICAL DEMANDS/WORKING CONDITIONS:

• Work is performed in an office environment under pressure and requires the ability to quickly adjust to changing priorities and demands.
• While performing the duties of the job, the employee is frequently required to sit and use the keyboard.
• Visiting worksites, attending external meetings, and traveling by various modes of private and commercial transportation within the region will be required.
• Lift up to 10 pounds.

The statements contained in this position descriptions reflect general details as necessary to describe the primary functions of this position, the level of knowledge and skill typically required, and the scope of responsibility, but should not be considered an all-inclusive listing of work requirements. Individuals may perform other duties as assigned including work in other functional areas to cover absences or relief, to equalize peak work periods or otherwise to balance the workload.