Director of Acquisitions jobs in United States
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USA Properties Fund, Inc. ยท 1 day ago

Director of Acquisitions

USA Properties Fund, Inc. is a leader in affordable housing, focusing on the development and management of apartment communities across California and Nevada. The Director of Acquisitions will lead the sourcing, evaluation, negotiation, and management of multifamily rental housing projects, emphasizing affordable housing and market-rate developments.

Real Estate

Responsibilities

Identify and evaluate potential multifamily housing acquisition opportunities including responding to RFPs and engaging with government officials on land use policies
Negotiate and manage contracts for project acquisitions
Collaborate with the acquisitions team to achieve the goal of securing five new projects annually
Develop acquisition strategies focused on LIHTC projects to improve project identification and success rates, while exploring alternative development opportunities beyond California
Conduct financial feasibility analyses for LIHTC projects, workforce rental communities, and market-rate housing
Draft Letters of Intent (LOIs) and review Purchase and Sale Agreements (PSAs), providing feedback to attorneys and executives
Lead due diligence activities and manage project proformas from conceptualization to approval and handoff to the finance team
Pursue subsidies and incentives to support affordable housing projects per approved financial plans
Prepare and deliver Investment Committee presentations to executive leadership team
Collaborate with cross-disciplinary teams (finance, construction, development and property management) to guide projects through completion and stabilization
Build relationships with local officials, community stakeholders, investors, and banks to support project goals
Implement tools and processes to improve department efficiency, such as pro forma and project management systems
Lead pre-development activities, including site selection, zoning, contract negotiations, and deal structuring

Qualification

Real estate acquisitionFinancial modelingAffordable housing financingProperty managementAnalytical skillsCalifornia land use policiesPro forma analysesCommunication skillsTeam collaboration

Required

Bachelor's degree or higher in real estate, finance, or a related field
5-7 plus years of experience in real estate acquisition, development, or investment analysis within multifamily
Knowledge of affordable housing financing, including LIHTC, is strongly preferred
Advanced financial modeling and analytical skills, particularly in Microsoft Excel
Strong written and verbal communication skills
Familiarity with California land use policies and entitlement processes
Proficiency in conducting pro forma analyses for multifamily projects
Ability to work effectively under deadlines in a team environment
Ability to travel as needed

Preferred

Experience in property management, construction management, or asset management is beneficial
California DRE Salesperson or Broker License is a plus but not required

Company

USA Properties Fund, Inc.

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USA Properties Fund is an award-winning developer-builder-manager-owner of apartment communities in California and Nevada.

Funding

Current Stage
Growth Stage

Leadership Team

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Ariella Escano, PHR
Human Resources Business Partner
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Company data provided by crunchbase