Affordable Housing Senior Associate

Undisclosed

New York (NY)

On-site

USD 90,000 - 150,000

Full time

6 days ago
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Job summary

Undisclosed, a real estate investment firm focusing on affordable multifamily housing across the United States, seeks a role to source and evaluate acquisition opportunities, including LIHTC and Section 8 properties. The position emphasizes rigorous financial analysis and market assessment.

You will build financial models to project cash flows, financing, renovation costs, and returns; lead due diligence; prepare investment committee materials; and coordinate with lenders, brokers, attorneys,

Responsibilities

  • Source and evaluate affordable multifamily acquisition opportunities, including LIHTC and Section 8 properties.
  • Build financial models to assess property cash flows, financing options, renovation costs, and investment returns.
  • Lead due diligence by reviewing financials, affordability restrictions, subsidy contracts, and property conditions.
  • Prepare investment committee materials and coordinate with lenders, brokers, attorneys, and sellers through closing.
  • Work with asset management and construction teams to develop business plans that improve property performance and preserve affordability.

Job description

A real estate investment firm focused on acquiring, preserving, and operating affordable multifamily housing across the United States, particularly in the Southeast and West. The firm invests in communities serving families and seniors, including properties supported by Low-Income Housing Tax Credits (LIHTC) and Section 8 programs. Its strategy combines acquisitions, property improvements, and active asset management to preserve affordability and strengthen long-term property performance.

About the role:
  • Source and evaluate affordable multifamily acquisition opportunities, including LIHTC and Section 8 properties.
  • Build financial models to assess property cash flows, financing options, renovation costs, and investment returns.
  • Lead due diligence by reviewing financials, affordability restrictions, subsidy contracts, and property conditions.
  • Prepare investment committee materials and coordinate with lenders, brokers, attorneys, and sellers through closing.
  • Work with asset management and construction teams to develop business plans that improve property performance and preserve affordability.
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