Specialty Consultants Inc. · 1 day ago
Vice President of Acquisitions - LIHTC Syndication
Irvine, CA
Full-time
Hybrid
Director/Executive
6+ years expSpecialty Consultants Inc. has been retained by one of the largest national syndicators of affordable housing to recruit a Vice President of Acquisitions. This role focuses on driving and closing deals related to Low Income Housing Tax Credits (LIHTC) affordable housing communities, including underwriting, structuring, negotiating, and closing equity investments.
Real Estate
Hiring Manager
Michael Uzyak
Responsibilities
Analyze projects to determine feasibility and run and manage projections that ensure project’s yield is maintained at closing
Assess market conditions, review and analyze all third party data (e.g. market studies, construction plan and cost reviews, Phase ones, appraisal, etc.); and other DD provided for underwriting guidelines
Underwrite transactions by addressing strengths/weaknesses of a transaction, including identifying how risks are managed
Oversee Underwriters who provide support in the closing of the LIHTC equity investment
Prepare investment package and present for Investment Committee approval
Work closely with legal counsel and Acquisitions to negotiate partnership agreements with developers
Work closely with Investor Relations team to place deal in an investment fund
Manage expectations and relationships with developer clients throughout the underwriting and closing process
Qualification
Required
Bachelor's in Business, Economics, Finance, Real Estate or related field
6-15 years of execution of LIHTC deals from syndication or developer side
Proficient in Word, Excel and financial modeling
Highly motivated self-starter, attention to detail and ability to manage multiple tasks/projects simultaneously
Well-developed analytical and problem solving skills
Some travel required
Preferred
Master's Degree
Company
Specialty Consultants Inc.
Specialty Consultants is a real estate company offering construction and development services.
11-50 employees
Funding
Current Stage
Early StageCompany data provided by crunchbase