Align Capital Solutions · 3 weeks ago
Real Estate Finance Associate
McLean, VA
Full-time
Onsite
Mid, Senior Level
5+ years expAlign Capital Solutions is a dedicated real estate advisory firm that brings private sector financial expertise to challenging housing markets in the U.S. As a Real Estate Finance Associate, you will consult on capital stack optimization, lead due diligence for investments, and develop sophisticated financial models to support the firm's growth in the affordable housing sector.
Financial Services
Responsibilities
Capital Stack Optimization: Consult with clients on project and portfolio-level capital needs, with a primary focus on structuring capital stacks that integrating a wide variety of sources, including: private equity, taxable debt, tax-exempt debt, subordinate "soft" debt, and grant programs. Experience structuring Low-Income Housing Tax Credits (LIHTC) is not required
Strategic Underwriting: Lead the due diligence for apartment and mixed-use investments. Evaluate assets through the lens of Area Median Income (AMI) restrictions, real estate market fundamentals, and state/local tax abatements (e.g., PILOT agreements)
Sophisticated Financial Modeling: Develop and maintain complex, multi-tiered financial models for development and preservation deals. Models must accurately simulate the blended cost of capital, waterfall distributions, and the impact of long-term affordability covenants on project exit values
Public-Private Partnership Liaison: Partner with private developers and public housing authorities (PHAs) or state agencies to validate operating proformas, ensuring compliance with both market-rate expectations and restricted-rent regulatory requirements
External Stakeholder Management: Coordinate with third-party partners to secure optimal financing, including tax-exempt bond issuers, conduit issuers, underwriters, HUD/FHA lenders, commercial banks, CDFIs
Contract & Documentation Oversight: Assist in the review and management of all relevant Project contracts and documents related to finance requirements. Review project level contracts with a specific eye toward regulatory agreements that ensure long-term financing viability
Investment Memoranda & Strategy: Author comprehensive investment memos that synthesize macroeconomic trends with the specific drivers of affordable housing
Proposal Development: Lead the creation of responses to RFPs/RFQs for solicited and unsolicited mixed-income development opportunities, showcasing the firm’s ability to solve "funding gaps."
Stakeholder Presentation: Regularly present technical modeling outputs and feasibility analyses to investment committees, non-profit boards, and government agencies
Qualification
Required
Bachelor's degree in real estate, finance, economics, or business required
5-7 years of relevant work experience in multifamily development or finance, including a demonstrated track record of closing (or assisting with the closing) of transactions
Strong understanding of real estate fundamentals including the ability to navigate operating pro formas, analyze market dynamics, and build financial models
Working knowledge of various capital structures and sources used to finance real estate projects, such as construction debt, private equity, tax-exempt financing, LIHTC, Fannie/Freddie programs, among others
Experience in a highly collaborative, team-based setting
Demonstrated ability to work independently; taking initiative and meeting deadlines
Excel skills including financial and real estate cash flow modeling, including knowledge of key financial and real estate concepts and metrics
Proficient in Microsoft Word, Excel, and PowerPoint
Preferred
MBA/master of real estate preferred
Company
Align Capital Solutions
Align Capital Solutions is a real estate advisory firm dedicated to exploring, identifying, and executing creative and innovative financial structures that result in better outcomes for their customers, and ultimately, result in better projects for communities.
2-10 employees
Funding
Current Stage
Early StageCompany data provided by crunchbase