Director, Affordable Housing Investments & Recapitalization

Henderson Scott US; New York (NY); On-site; USD 180,000 - 250,000; Full time

Job summary

Henderson Scott US seeks a Director of Real Estate Investments & Recapitalization for a 3,000+ unit affordable housing portfolio in New York City. You will lead preservation, refinancing, recapitalization, rehabilitation, and strategic repositioning across Finance, Asset Management, Development, Leasing, and Compliance.

The role requires transaction-driven underwriting, advanced financial modeling, and negotiation with lenders, public agencies, and equity partners.

Qualifications

• 7-10+ years in affordable housing development, preservation, real estate finance, investment, asset management, or related field.
• Experience underwriting, negotiating, and executing affordable housing transactions, including refinancings, recapitalizations, acquisitions, dispositions, and rehabilitation.
• Strong understanding of NYC affordable housing financing and regulatory programs.
• Experience with HPD, HDC, HCR, LIHTC, tax-exempt bonds, conventional debt, and other affordable housing financing programs preferred.
• Exceptional financial modeling and underwriting skills; ability to evaluate assets and multi-property transactions.
• Ability to prepare strategic recommendations, investment memoranda, lender/investor presentations, and transaction materials.
• Strong project management, communication, negotiation, and interpersonal skills.
• Bachelor's degree required; graduate degree a plus.

Responsibilities

• Lead portfolio preservation strategy and capital planning for a 3,000+ unit affordable housing portfolio.
• Underwrite portfolio-level transactions and build financial models for various capital strategies.
• Identify refinancing, recapitalization, rehabilitation, and disposition opportunities; coordinate with teams.
• Assess financing sources and structures, including LIHTC, HUD financing, and conventional debt.
• Prepare investment memoranda, offering materials, and transaction summaries for senior management and investors.
• Lead due diligence, term sheet negotiation, agency reviews, and closing processes.
• Drive portfolio-level transaction management from evaluation to implementation.

Skills

Underwriting

Financial modeling

Negotiation

Project management

Stakeholder management

Regulatory knowledge

Education

Bachelor's degree in finance/real estate/economics/business/urban planning

Graduate degree a plus

Job description

Henderson Scott US seeks a Director of Real Estate Investments & Recapitalization for a 3,000+ unit affordable housing portfolio in New York City. You will lead preservation, refinancing, recapitalization, rehabilitation, and strategic repositioning across Finance, Asset Management, Development, Leasing, and Compliance.

The role requires transaction-driven underwriting, advanced financial modeling, and negotiation with lenders, public agencies, and equity partners.