Senior Associate

Clark Construction Group, LLC; North Dakota; Hybrid; USD 120,000 - 140,000; Full time

Benefits offered by this job

Health/dental/vision benefits

Paid time off

Retirement/401k

Commuter benefit

Tuition reimbursement

EAP/Work-Life assistance

Job summary

Align Capital Solutions, a real estate advisory firm, seeks a Senior Associate to advance capital markets decisions for multifamily housing investments. You will structure capital stacks, lead due diligence, and build multi-tiered models to optimize development and preservation deals.

Join a collaborative team focused on public-private partnerships, LIHTC considerations, and stakeholder presentations to investment committees and government agencies.

Qualifications

• Bachelor’s degree in real estate, finance, economics, or business required – MBA/master of real estate preferred
• 5-7 years of relevant work experience in multifamily development or finance, including a demonstrated track record of closing (or assisting with the closing) of transactions
• Strong understanding of real estate fundamentals including the ability to navigate operating pro formas, analyze market dynamics, and build financial models
• Working knowledge of various capital structures and sources used to finance real estate projects, such as construction debt, private equity, tax-exempt financing, LIHTC, Fannie/Freddie programs
• Experience in a highly collaborative, team-based setting
• Demonstrated ability to work independently; taking initiative and meeting deadlines
• Excel skills including financial and real-estate cash flow modeling, including knowledge of key financial and real estate concepts and metrics
• Proficient in Microsoft Word, Excel, and PowerPoint

Responsibilities

• Capital Stack Optimization: Consult with clients on project and portfolio-level capital needs, integrating diverse sources
• Strategic Underwriting: Lead due diligence for apartment and mixed-use investments
• Sophisticated Financial Modeling: Develop complex, multi-tiered models for development and preservation deals
• Public-Private Partnership Liaison: Coordinate with PHAs or state agencies to validate operating proformas
• External Stakeholder Management: Secure financing from tax-exempt and conduit issuers, HUD/FHA lenders and others
• Contract & Documentation Oversight: Review contracts with regulatory agreements for financing viability
• Investment Memoranda & Strategy: Author investment memos linking macro trends to affordable housing drivers
• Proposal Development: Lead responses to RFPs/RFQs for mixed-income development opportunities
• Stakeholder Presentation: Present modeling outputs to investment committees and government agencies

Skills

Financial modeling

Real estate finance

Multifamily development

Capital structures

Team collaboration

Excel modeling

PowerPoint presentations

Education

Bachelor’s degree in real estate, finance, economics, or business

MBA/master of real estate preferred

Tools

Microsoft Word

Excel

PowerPoint

Job description

At Align Capital Solutions, we bring private sector financial expertise to some of the most challenging housing markets in the U.S. As a dedicated real estate advisory firm, we work as financial consultants to institutional, public, and non‑profit owners and developers of multifamily rental housing. Through original research and technical expertise, we specialize in exploring, identifying, and executing innovative financial structures that deliver superior outcomes. By connecting our clients with key debt and equity providers, and leveraging legal and tax insights, we enable the creation of impactful multifamily housing assets that meet specific risk and return objectives. Our expertise bridges the gap between project vision and financial reality, ensuring better outcomes for both our clients and the communities they serve.

As a Senior Associate, you will gain firsthand knowledge of how the capital markets influence financial decision‑making for both public, private, and public‑private‑partnership investments in housing. With the increased emphasis on delivering more housing within our communities, Align is poised for considerable growth and will be a real estate advisory leader in the marketplace.

Responsibilities

• Capital Stack Optimization: Consult with clients on project and portfolio‑level capital needs, with a primary focus on structuring capital stacks that integrate a wide variety of sources, including: private equity, taxable debt, tax‑exempt debt, subordinate "soft" debt, and grant programs. Experience structuring Low‑Income Housing Tax Credits (LIHTC) is not required.
• Strategic Underwriting: Lead the due diligence for apartment and mixed‑use investments. Evaluate assets through the lens of Area Median Income (AMI) restrictions, real estate market fundamentals, and state/local tax abatements (e.g., PILOT agreements).
• Sophisticated Financial Modeling: Develop and maintain complex, multi‑tiered financial models for development and preservation deals. Models must accurately simulate the blended cost of capital, waterfall distributions, and the impact of long‑term affordability covenants on project exit values.
• Public‑Private Partnership Liaison: Partner with private developers and public housing authorities (PHAs) or state agencies to validate operating proformas, ensuring compliance with both market‑rate expectations and restricted‑rent regulatory requirements.
• External Stakeholder Management: Coordinate with third‑party partners to secure optimal financing, including tax‑exempt bond issuers, conduit issuers, underwriters, HUD/FHA lenders, commercial banks, CDFIs.
• Contract & Documentation Oversight: Assist in the review and management of all relevant Project contracts and documents related to finance requirements. Review project level contracts with a specific eye toward regulatory agreements that ensure long‑term financing viability.
• Investment Memoranda & Strategy: Author comprehensive investment memos that synthesize macroeconomic trends with the specific drivers of affordable housing.
• Proposal Development: Lead the creation of responses to RFPs/RFQs for solicited and unsolicited mixed‑income development opportunities, showcasing the firm’s ability to solve "funding gaps".
• Stakeholder Presentation: Regularly present technical modeling outputs and feasibility analyses to investment committees, non‑profit boards, and government agencies.

Qualifications

• Bachelor’s degree in real estate, finance, economics, or business required – MBA/master of real estate preferred
• 5-7 years of relevant work experience in multifamily development or finance, including a demonstrated track record of closing (or assisting with the closing) of transactions.
• Strong understanding of real estate fundamentals including the ability to navigate operating pro formas, analyze market dynamics, and build financial models.
• Working knowledge of various capital structures and sources used to finance real estate projects, such as construction debt, private equity, tax‑exempt financing, LIHTC, Fannie/Freddie programs, among others.
• Experience in a highly collaborative, team‑based setting.
• Demonstrated ability to work independently; taking initiative and meeting deadlines.
• Excel skills including financial and real‑estate cash flow modeling, including knowledge of key financial and real estate concepts and metrics.
• Proficient in Microsoft Word, Excel, and PowerPoint.

Compensation

Clark offers a total compensation package that includes base salary, bonus potential, and a comprehensive benefits package including health/dental/vision benefits, paid time off, retirement/401k, and Company Contribution plan.

Benefits

• health/dental/vision benefits
• paid time off
• retirement/401k
• Company Contribution plan
• life insurance
• commuter benefit
• short & long term disability
• fitness reimbursement
• FSA
• tuition reimbursement
• back‑up daycare
• tutoring & family support benefits
• EAP/Work‑Life assistance
• holiday contribution program

For this role the base salary range is $120,000 - $140,000.

Compensation may vary outside of this range depending on a number of factors, including a candidate’s education, experience, skills, and geographic location.

Base pay is one part of the Total Compensation Package that is provided to compensate and recognize employees for their work.

Authorization to Work

Applicants must be currently authorized to work in the US on a full‑time basis in order to be considered.

Equal Opportunity & Diversity

Equal Opportunity Employer Clark Construction Group, LLC (and its subsidiaries and affiliates) is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to sex, race, color, age, national origin, religion, physical and mental disability, genetic information, marital status, sexual orientation, gender identity, citizenship, pregnancy or maternity, protected veteran status, or any other status prohibited by applicable national, federal, state or local law.

Clark promotes a drug‑free workplace. Applicants have rights under Federal Employment Laws: Family and Medical Leave Act (FMLA), Equal Employment Opportunity (EEO), and Employee Polygraph Protection Act (EPPA).

Clark is committed to working with and providing reasonable accommodations to individuals with disabilities. If you need a reasonable accommodation because of a disability for any part of the employment process, please email [e-mail] or call [phone] and let us know the nature of your request and your contact information.