Senior Director, Real Estate Tax (Transactions) · New York, NY · In-office · Full-time
Our client, a real estate investment and development firm in New York, is hiring a Senior Director to lead tax structuring and execution on complex real estate transactions, working closely with senior investment, legal and finance leadership.
Responsibilities
- Lead tax structuring and execution for real estate deals: buying and selling properties, forming funds and setting up joint ventures.
- Work with outside advisors to structure U.S. and cross-border funds and JVs that bring in capital from U.S. and non-U.S. investors.
- Apply FIRPTA and U.S. foreign withholding rules to inbound investment.
- Review purchase and sale agreements, partnership agreements and other deal documents, focusing on how tax items are allocated.
- Spot and resolve tax issues across a property’s or portfolio’s life: acquisition, ownership and exit.
- Measure transaction tax risk and present it clearly to senior management.
- Oversee REIT due diligence and quarterly and annual REIT testing.
- Direct outside accounting firms and law firms, critically review their advice and opinions, and negotiate the representations those firms require.
Requirements
- 8+ years of tax experience centered on structuring real estate deals
- Deep knowledge of partnership tax, REIT tax and FIRPTA, applied on large, complex transactions
- A track record of running deals from structuring and diligence through closing and post-closing implementation
- Experience advising on private equity real estate, fund structures and joint venture structures, including cross-border investment
- Leadership experience, including mentoring junior team members
- Ability to explain technical tax issues to executives and non-tax stakeholders, and to manage several priority transactions at once
- Bachelor’s degree required; JD/LLM, MBA or CPA strongly preferred
- Comfort using AI or automation tools in day-to-day work