Vice President, Affordable Acquisitions
About the Company
Large commercial & residential real estate firm
Industry
Real Estate
Type
Privately Held, Private Equity-backed
Founded
1972
Employees
1001-5000
Categories
Specialties
Business Classifications
About the Role
The Company is seeking a Vice President for Affordable Acquisitions to lead the acquisition and redevelopment of affordable housing properties, with a focus on the West Coast region, particularly California. The successful candidate will be responsible for the entire process, including structuring, underwriting, negotiating, and closing deals, as well as overseeing the rehabilitation and stabilization of projects. This role involves managing a team of acquisition professionals, serving as the Deal Team Leader, and having direct oversight of Associates and Analysts. The Vice President will also be tasked with negotiating transactions, evaluating due diligence information, and ensuring the long-term viability of each acquisition. Applicants must have a minimum of 10 years' experience in the affordable housing industry, a strong network of industry professionals, and a deep understanding of affordable housing finance tools. The role requires a candidate with a proven track record in project management, the ability to lead a team, and a passion for affordable housing preservation. The Vice President will be expected to expand the company's affordable holdings in the region, leveraging local industry relationships to develop a robust pipeline of acquisition opportunities. A Bachelor's degree in a related field is preferred, and the candidate should be prepared to work on-site in the company's Santa Monica office. The position demands a high level of integrity, excellence, and a commitment to the values of the company.
Hiring Manager Title
Executive Vice President
Travel Percent
Less than 10%
Functions