Employer Active
Job Alert
You will be updated with latest job alerts via emailJob Alert
You will be updated with latest job alerts via email$ 185000 - 200000
1 Vacancy
April Housing is a leading owner and operator of highquality affordable housing throughout the United States. Founded in 2022 and headquartered in Los Angeles April Housing is the asset management business that oversees Blackstones affordable housing and LIHTC portfolio. April oversees a portfolio of over 85000 affordable housing units in approximately 650 communities. April Housing seeks to preserve critical affordable housing stock while providing best in class management and highquality housing. April is committed to being a fair transparent and responsible owner.
April Housings longterm commitment to owning affordable housing is supported by Blackstone Funds predominantly BREIT a nonlisted REIT. This perpetual capital vehicle provides April with a patient and flexible source of capital and plays a critical role in enabling the creation and preservation of more affordable housing. In addition to managing a growing portfolio April Housing will ensure assets in the existing portfolio remain affordable and in compliance with all rent regulations while making significant improvements and aligning the operations with April Housings Standards of Excellence in Residential Operations.
In its pursuit of excellence April Housing is looking for individuals who share in its mission to provide highquality housing to affordable residents.
What you will do:
Lead all team members in the management of acquisition disposition partnership and refinance transactions for the company
Oversee all relevant technology uses to ensure timely communication efficient sharing of documentation organized storage of transaction documentation
Coordinate with all necessary departments to ensure that all transactions are completed on time
Assist with negotiating contracts with buyers and sellers as needed. Manage contract negotiation for third party reports such as appraisals market studies and PNAs
Order or coordinate ordering of thirdparty diligence reports (Phase I asbestos appraisal asbuilt surveys Initial TIC analysis physical needs assessments etc.)
Coordinate with internal and external parties to ensure the prompt review and timely reporting of all acquisition due diligence materials while ensuring pertinent issues are highlighted and further investigated
Manage due diligence process for acquisition disposition and refinance closings in partnership with investment and capital markets team
Develop and implement new transaction management processes and procedures
Provide training and support to transaction associates analysts and coordinators
Remain uptodate on industry trends and regulations.
Reports to senior management on transaction status
Perform other duties on an ad hoc basis
What you should have:
The successful candidate must have either (i)an associates degree or certificate in paralegal studies with a focus in real estate or (ii)a Bachelors degree
An MBA a JD or other graduate degree is a plus but not required.
This person will bring at least 710 years of experience in real estate closing coordination finance or investment
A deep understanding of affordable housing underwriting and the lowincome housing tax credit industry is a plus but not required
Ability to provide leadership development including acting as a playercoach and trainer as capacity is built within the team
Strong negotiation and interpersonal skills
Excellent written and verbal communication skills
Must be proficient using Excel Word Outlook SharePoint Box and be able to learn new software quickly
Must have a strong work ethic and be a team player be able to work well with others and have a willingness to aid where needed to get the job done
Able to anticipate needs for specifics projects and processes
Must be well organized be able to prioritize tasks well and have a strong attention to detail
Must be able to handle a fastpaced environment and be able to manage tasks and deadlines independently
Able to work effectively under pressure; be a quick learner with minimal direct supervision
Experience in affordable housing finance (debt/LIHTC equity) expertise with LIHTC transactions including the technical legal and accounting regulations that govern its successful use is a plus but not required
Communicates Effectively: Communicates in ways that provide clarity of message project a credible and confident image to a diverse set of internal and external stakeholders and audiences and maximize impact. Collaboratively works and effectively communicates across departments to achieve common goals
Drives Results: Sets high standards drives achievement of critical goals and outcomes for key stakeholders with a strong sense of urgency. Maintains a keen focus on activities that will have a direct impact on business results
Plans and Aligns: Plans and aligns organizational and/or department structure systems processes metrics capabilities and resources with business objectives. Prioritizes stages initiatives and manages risk appropriately to ensure objectives are achieve
Manages Ambiguity: Functions effectively and projects a sense of calm when the path forward is uncertain or in times of change. Can take action and chart a way forward even when situations are ambiguous or when outside own comfort zone
Develops Talent/Professional Development: Ensures that the organization has the talent required to meet current and future needs by acquiring developing and deploying the best talent creating a pipeline of successors building talent capabilities and establishing a development culture. Invests in their own professional development
Resilient: Maintains a positive outlook under pressure. Remains poised and sustains personal and organizational performance through setbacks and adversity and can rebound effectively from difficult and/or disruptive situations
What we offer:
At April Housing we are committed to a singular mission: providing bestinclass management and highquality housing for residents who earn less than the areas median income. You will be joining a dedicated team who live this mission every day.
And were growing! April which means to open aligns with our goal of opening new paths to expand the supply of affordable housing and close Americas affordability gap.
And of course we offer competitive pay and a full slate of benefits!
Qualified applicants with arrest or conviction records will be considered for employment in accordance with the Los Angeles County Fair Chance Ordinance for Employers the California Fair Chance Act and any other applicable city county or local ordinances. Good cause exists for a criminal background check because one of the material duties of this position requires access to sensitive financial information and confidential and proprietary information and accordingly requires the candidate to possess a high level of integrity and discretion. The Company faces a significant risk to its business operations or business reputation if a criminal history check is not performed. A criminal history that has a direct adverse and negative relationship with these material duties may potentially result in the withdrawal of a conditional offer of employment.Base Compensation Range:
$185000.00 To $200000.00. This represents the presentlyanticipated low and high end of the Companys base compensation range for this position. Actual base compensation range may vary based on various factors including but not limited to location and experience.Total Direct Compensation: This job is also eligible for discretionary bonus and incentive compensation on an annual basis.
Benefits: The Company provides a variety of benefits to employees including health insurance coverage retirement savings plan paid holidays and paid time off (PTO).
The additional total direct compensation and benefits described above are subject to the terms and conditions of any governing plans policies practices agreements or other materials or documents as in effect from time to time including but not limited to terms and conditions regarding eligibility.
Please review the job applicant privacy notice here.
EEO Statement
April Housing is an equal opportunity employer. In accordance with applicable law we prohibit discrimination against any applicant employee or other covered person based on any legally recognized basis including but not limited to: veteran status uniformed servicemember status race color caste immigration status religion religious creed (including religious dress and grooming practices) sex gender gender expression gender identity marital status sexual orientation pregnancy (including childbirth lactation or related medical conditions) age national origin or ancestry citizenship physical or mental disability genetic information (including testing and characteristics) protected leave status domestic violence victim status or any other consideration protected by federal state or local law. We are committed to providing reasonable accommodations if you need an accommodation to complete the application process please email
Required Experience:
Exec
Full-Time