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BH Properties · 23 hours ago

Director of Acquisitions - Affordable Housing

Dallas, TX

Full-time

Onsite

Lead/Staff, Director/Executive

5+ years exp

BH Properties is a privately held commercial real estate investment firm focused on value-add acquisitions. The Director of Acquisitions will be responsible for strategy, originating, underwriting, and closing Affordable Housing transactions in multiple markets, with a focus on age-restricted opportunities.

Real Estate

Responsibilities

Participate in establishing a 5-year operating plan to scale the opportunity

Build out the necessary infrastructure to support the strategy

Oversee the acquisition process, including sourcing, managing due diligence, reviewing third party reports, and working with legal and finance teams to facilitate closings

Prepare market analysis, underwriting and deal summaries for opportunities being recommended

Develop relationships within the brokerage, developer, and lender communities in target markets to facilitate opportunities

Attending selected conferences

Qualification

Real estate acquisitionUnderwriting experienceLIHTC & HAPTaxFinancing programsMarket rate multi-family acquisitionsAnalytical abilitiesCommunication skillsTeam player

Required

5-10 years of real estate acquisition and underwriting experience

Knowledge of the federal affordable housing programs (LIHTC & HAP) along with other legacy programs

Understanding of the various tax and financing alternative programs

Established relationships with regional third-party management companies

Established relationships within the investment sale broker community

College degree in real estate, business, finance, or accounting

Strong quantitative and analytical abilities; ability to quickly assess deal viability

Outstanding analytical, verbal, and written communication skills

Ability to communicate and develop effective working relationships with others in a team oriented, collaborative and deadline driven environment

Team player who loves to brainstorm, problem solve and who can think independently

Travel required

Preferred

Advanced degree a plus

Knowledge of market rate multi-family acquisitions a plus

Benefits

Excellent compensation package

Exciting opportunity to grow and develop

Company

BH Properties

BH Properties is a real estate company offering property rehabilitation services.

Founded in 1997

Los Angeles, California, USA

51-200 employees

http://bhproperties.com

Funding

Current Stage

Growth Stage

Leadership Team

Steve Gozini

Chairman & CEO

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