Senior Acquisitions Manager

Full time
DOE
Locationlacounty Calendar08/17/2017   Full time DOE

Major Job Responsibilities

Under the direction of the Vice President, Business Development, the Senior Acquisitions Manager will have primary responsibility for the full range of business development activities for identifying and securing housing and community development projects and new initiatives on behalf of Abode Communities. The position will support the Vice President, Business Development in analyzing and evaluating property needs and opportunities and coordinating with multiple departments including Architecture, Development, Finance and Property Management.

Specific Duties and Responsibilities

  • Identify and secure new affordable housing and community development opportunities which are consistent with the organization’s mission, strategic plan, and production goals as well as key funding program requirements.
  • Complete initial development concept and financial feasibility analysis for a variety of deal opportunities including new construction, acquisition/rehabilitation, and preservation.
  • Conduct preliminary site due diligence; work with architect to define building program and design; work with architect or contractor to develop preliminary scope of work for rehabilitation projects; coordinate project hand-off to Development and/or Portfolio Management staff.  
  • Identify acquisition and predevelopment financing and, in some cases, secure acquisition and predevelopment loans and manage the loan closing process. 
  • Prepare development proposals and statements of qualification in response to Request for Proposals (RFPs) and Request for Qualifications (RFQs); Work collaboratively with other functional departments and outside consultants to gather necessary information to complete RFPs/RFQs. Manage the interview and selection process.
  • Participate in the Business Development Team - which consists of the President & CEO, Executive Vice President & COO, the Senior Vice President, Development and the Vice President, Business Development - to identify acquisition opportunities, complete development programs, develop project acquisition and funding opportunities, and complete feasibility analyses of new development projects.

Qualifications

  • A bachelor’s degree and three to five years of experience in urban planning, business or real estate/housing development or finance, or a graduate degree in a related field and one to three years experience in housing development, real estate development, urban planning, business, finance or a related field.
  • Experience in sourcing, structuring and negotiating property acquisitions, preferably with affordable housing transactions, which include public subsidies, low income housing tax credits and tax exempt bonds.
  • Knowledge of key aspects of real estate development and finance, land use and entitlement, property due diligence and acquisition, and site planning and design.
  • Ability to initiate and maintain effective and cooperative working relationships with brokers, team members, local government agencies, consultants, lenders/investors, and community stakeholders.
  • Well-organized, detail oriented, and excellent analytical skills; proficiency in sophisticated financial analysis and reporting using MS Excel and MS Word; excellent client and public presentation skills.
  • An entrepreneurial and creative approach to problem-solving in the field of real estate development; enthusiasm and team building spirit.

 The salary is commensurate with experience. Benefits include health, dental, vision and life insurance, short term and long-term disability insurance, 401(k) plan with company match, Flexible Spending Accounts (for healthcare or dependent care), paid vacation and sick leave, and a flexible work schedule that includes every other Friday off.

Abode Communities is an equal opportunity employer. Women, people of color, veterans, and people with disabilities are encouraged to apply.

To apply, please submit your most current resume to humanresources@abodecommunities.org