AVP - Investment Manager (LIHTC)

The Paulsen Group, LLC; Chicago (IL); On-site; USD 70,000 - 100,000; Full time

Job summary

The Paulsen Group, LLC is seeking an Investment Analyst to support LIHTC transactions, underwriting multifamily developments, and preparation of investment narratives for investment committees. The role emphasizes financial modeling, diligence, and coordination among developers, attorneys, and consultants.

Ideal candidates have a related undergraduate degree and strong Excel, analytical, and writing skills, with experience in affordable housing finance or development and a collaborative,

Qualifications

• Undergraduate degree from a 4-year college/university; preference for BS in Finance, Accounting, Real Estate or Urban Planning; real estate underwriting experience preferred.
• Proficiency in Excel required.
• Directly related experience in affordable housing development or finance.
• Knowledge of real estate terminology; LIHTC or community development lending a plus.
• Strong financial, analytical, relationship management, and writing skills.
• Outstanding analytic and organizational skills; intellectual curiosity.
• Commitment to Company Core Values.
• Ability to quickly solve problems and document risks with reports.
• Passion for supporting a growth organization; hands-on, high integrity.
• Collaborative and flexible style with strong service focus.

Responsibilities

• Completing the financial modeling of LIHTC investment partnerships, considering structure, pricing, sources and uses, underwriting of market rents/expenses, tax concepts, and stress scenarios.
• Preparing and/or reviewing Letters of Intent for developers.
• Assisting in deal packages for Credit and Investment Committees.
• Assisting in underwriting multifamily developments financed with affordable housing tax credits.
• Preparing detailed investment narratives and presenting to the investment committee, outlining merits, risks, structure, market, and pricing.
• Assisting in reviewing and negotiating partnership agreements and other legal documents.
• Reviewing due diligence and ensuring team members address their responsibilities.
• Assisting Investor Relations with responses to due diligence questions and supporting the sales process.
• Conducting real estate site visits with developers or investor partners.
• Assisting the closing of tax credit investments and coordinating report collection and review.
• Coordinating project closings with attorneys, accountants, developers, and consultants.
• Supporting project teams with special projects as needed.
• Maintaining good relationships with LIHTC developers.

Skills

Excel

Real estate underwriting

Financial analysis

Writing skills

Analytical thinking

Relationship management

Education

Bachelor's degree in Finance/Accounting/Real Estate/Urban Planning

Job description

Responsibilities:

• Completing the financial modeling of low-income housing tax credit investment partnerships, taking into account financial structure and pricing, sources and uses of construction, detailed underwriting analysis of the real estate market, rents and expenses, tax concepts, and stress scenarios
• Preparing and / or reviewing Letters of Intent for issuance to developers.
• Assisting the preparation of deal packages for consideration by Credit and Investment Committees,
• Assisting in the underwriting multifamily developments financed with affordable housing tax credits,
• Preparing the detailed investment summary narratives and present tax credit investments to RSE’s investment committee with the ability to outline transaction merits, key risks and mitigants, the transaction structure, the real estate market, and pricing,
• Assisting in the reviewing of and negotiation of the partnership agreement and other legal documents,
• Reviewing due diligence, and ensure other members of the deal team are addressing their assigned responsibilities,
• Assisting the Investor Relations department with obtaining answers to investors’ or third party due diligence providers’ questions and provide assistance throughout the sales process,
• Conducting real estate site visits with Developer or Investor partners,
• Assisting the closing of tax credit investments, working with internal team members to collect and review due diligence, and coordinate third party report collection and be responsible for the review or facilitating the satisfactory review of the reports,
• Coordination of project closings with attorneys, accountants, developers and third party consultants,
• Supporting project teams with special projects as needed,
• Establishing and / or help to maintain good working relationships with our LIHTC developers.

Job Qualifications:

• Undergraduate degree from a 4-year college/university, with a preference of a BS in Finance, Accounting, Real Estate or Urban Planning; preference of experience with real estate underwriting
• Proficiency in Excel required
• Directly related experience in affordable housing development or finance
• Knowledge of real estate terminology and concepts preferred; basic knowledge of LIHTC and/or community development lending a plus
• Strong financial, analytical, relationship management, and writing skills
• Outstanding analytic and organizational skills, a high degree of intellectual curiosity
• Commitment to Company Core Values
• Ability to quickly and effectively solve problems, and document risks and mitigants through report writing
• Demonstrable passion for supporting a growth organization; hands‑on approach with high integrity and desire to work in a dynamic environment
• Collaborative and flexible style, with a strong service focus
• Ability to balance competing priorities and tight deadlines
• Well organized and self-directed individual capable of performing with limited oversight