Do you want to make an impact on families all over the state of California? Do you value relationships and making changes for the better? Are you a relationship builder with a passion for improving the lives of others?
As a Senior Acquisitions Manager, you’ll be working full-time in the Bay Area and will frequently travel to Los Angeles, California. You will be working alongside a diverse group of professionals whose primary goal is to build affordable housing for underserved communities. Under the direction of the Senior 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 the company. The position will support the Senior Vice President, Business Development in analyzing and evaluating property needs and opportunities and coordinating with multiple departments including Architecture, Development, Finance, and Property Management.
Senior Acquisitions Managers are communicative, analytical, have strong planning and organizational skills, and prioritize relationships.
Where you come in
You will identify and secure new affordable housing and community development opportunities that are consistent with the organization’s mission, strategic plan, and production goals, with an emphasis on acquisitions in the Bay Area.
You will complete the initial development concept and financial feasibility analysis for a variety of deal opportunities including new construction, acquisition/rehabilitation, and preservation.
You will conduct preliminary site due diligence; work with an architect to define building program and design; work with architect or contractor to develop the preliminary scope of work for rehabilitation projects; coordinate project hand-off to Development and/or Portfolio Management staff.
You will identify acquisition and predevelopment financing; and, in some cases, secure acquisition and predevelopment loans and manage the loan and site acquisition closing process.
You will 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 the necessary information to complete RFPs/RFQs. Manage the interview and selection process.
You will present transaction recommendations to the Business Development Team leadership - which consists of the President & CEO, Executive Vice President & COO, the Senior Vice President, Development, and the Senior Vice President, Business Development -– and participate in strategic planning for set acquisition priorities.
What it takes to succeed
1. Strong Acquisitions Management Skills
You are experienced in sourcing, structuring, and negotiating property acquisitions, preferably with affordable housing transactions.
You are knowledgeable of key aspects of real estate development and finance, land use and entitlement, property due diligence and acquisition, and site planning and design.
Proficiency with underwriting affordable housing projects.
2. Relationship Management
You are able to initiate and maintain effective and cooperative working relationships with brokers, team members, local government agencies, consultants, lenders/investors, and community stakeholders.
3. Strong Analytical, Communication, and Planning/Organizational Skills
You are well-organized, detail-oriented, and have excellent analytical skills; proficiency in sophisticated financial analysis using Excel and with word processing software such as Microsoft Word.
You have strong analytical and problem-solving skills; good client and public presentation skills; and excellent oral and written communication skills.
You are entrepreneurial and can take a creative approach to problem-solving in the field of real estate development.
You should have enthusiasm and a team-building spirit.
$130k; Commensurate with experience BOE
Benefits include health and dental insurance, long-term disability insurance, voluntary retirement plan, vacation, and sick leave, and a 9/80 work schedule.