- Conduct investment valuations, determine highest and best use, present investment models and valuation recommendations to the acquisitions team.
- Analyze and verify property operating financial statements, rent rolls, rent comparables, audits, low-income regulatory agreements, etc. and project future asset performance via a well-reasoned rationale.
- Maintain the acquisitions pipeline and prospecting logs.
- Review and analyze State Qualified Allocation Plans, relevant gap funding sources, and other low-income programs.
- Apply to Request for Proposals (RFP) and Request for Quotes (RFQ).
- Manage the preparation of investment presentations for senior management.
- Complete ad hoc projects.
Responsibilities
- Conduct investment valuations, determine highest and best use, present investment models and valuation recommendations to the acquisitions team.
- Analyze and verify property operating financial statements, rent rolls, rent comparables, audits, low-income regulatory agreements, etc. and project future asset performance via a well-reasoned rationale.
- Maintain the acquisitions pipeline and prospecting logs.
- Review and analyze State Qualified Allocation Plans, relevant gap funding sources, and other low-income programs.
- Apply to Request for Proposals (RFP) and Request for Quotes (RFQ).
- Manage the preparation of investment presentations for senior management.
- Complete ad hoc projects.
Requirements
Education and Experience:
- 1-3 years’ experience working in the real estate industry in an acquisition/development, investment sales, investment banking, valuation or structured finance role; multifamily experience strongly preferred.
- Understanding of multifamily real estate financing mechanisms, with knowledge of low-income housing tax credit financing and project-based Section 8 preferred.
- Analytically minded with high attention to detail while maintaining a view of the big picture issues and requirements.
- Ability to operate with minimal oversight with a mindset that takes full ownership of their role and responsibilities while collaborating with the rest of the team.
- Great time management skills (the ability to terminate potential investments quickly).
- Exceptional proficiency with Excel, particularly experience building and operating complex real estate financial models.
- Good presentation and communication (written and verbal) skills.
- High energy professional who values working hard and performing at a high level.
The above information is intended to describe the general nature and level of work being performed by employees assigned to this job. It is not intended to be an exhaustive list of all responsibilities, duties, and skills required.
Benefits & Opportunities
- WNC is an equal opportunity employer that is committed to a diverse and inclusive workforce that considers all qualified applicants without regard to race, color, religion, gender, gender identity or expression, sexual orientation, national origin, genetics, disability, age, or veteran status.
- WNC offers a competitive benefits package which includes medical, dental, and vision insurance, paid time-off, 401k match, life insurance, and long-term disability.
The compensation listed represents the expected salary for this position. A candidate's work experience and other job-related factors will also be considered.