KCG Companies · 3 weeks ago
Acquisition Development Associate (LIHTC)
KCG Companies is a vertically integrated real estate development and construction firm specializing in sustainable multifamily housing. The Acquisition Development Associate supports the evaluation, underwriting, due diligence, financing, tax credit applications, budgeting, reporting, and execution of affordable multifamily housing transactions, including LIHTC projects. The role coordinates with internal departments, consultants, financing partners, public agencies, and other stakeholders throughout the acquisition and development lifecycle.
Real Estate
Responsibilities
Coordinate key LIHTC acquisition and development activities, including due diligence, site visits, state housing agency requirements, HUD-related submissions, relocation planning, soft-funding applications, and coordination with internal KCG departments
Assist in identifying and evaluating affordable multifamily acquisition and development opportunities, including underwriting and analysis of project feasibility
Prepare, update, and analyze financial models, operating budgets, development budgets, and other financial information used in evaluating and advancing prospective transactions
Research and track market, regulatory, and financing information relevant to acquisition decisions, including Private Activity Bond availability, state tax credits, soft-funding programs, property tax exemptions, and other state-specific resources
Coordinate and review third-party due diligence materials, which may include market studies, rent comparability studies, appraisals, environmental reports, geotechnical reports, surveys, engineering reports, architectural materials, design documents, and marketing-related materials
Assist with the preparation and submission of initial and final tax credit applications, HUD submissions, financing applications, and other materials required by governmental agencies, financing partners, or other stakeholders
Assist with contract preparation, transaction documentation, and negotiations related to potential acquisitions, under the direction of senior team members and legal counsel as appropriate
Prepare materials and presentations for Investment and Operations Committee meetings and other internal approval processes
Manage and maintain project information throughout the project lifecycle using KCG-approved systems and software, including DealPath or successor platforms
Assist with closing-related due diligence and coordination involving debt providers, equity partners, public agencies, consultants, and internal KCG stakeholders
Prepare or assist with required reports and submissions to state housing finance agencies and other governmental or financing entities
Assist with presentations and supporting materials for community meetings, governmental approvals, and other external stakeholder processes
Maintain an understanding of assigned projects from initial sourcing through acquisition, development, closing, construction, and stabilization, as applicable
Communicate project status, risks, deadlines, and outstanding items to appropriate internal and external stakeholders
Performs other job-related duties and responsibilities as assigned based on business needs. Nothing in this section is intended to change the essential functions of the position
Analyze project and financial information and make recommendations to senior team members
Coordinate project due diligence and transaction activities
Identify and escalate material project risks, delays, budget concerns, and compliance issues
Prepare recommendations and supporting materials for management and committee review
Communicate with consultants, agencies, financing partners, and other stakeholders within the scope of assigned authority
Qualification
Required
Bachelor's degree or equivalent combination of education and relevant experience
At least two years of relevant experience in real estate development, acquisitions, affordable housing, finance, underwriting, project management, or a related field
Strong organizational skills and attention to detail
Strong analytical and problem-solving abilities
Effective project-management and time-management skills
Ability to manage multiple priorities and deadlines in a fast-paced environment
Excellent verbal and written communication skills
Ability to collaborate effectively with internal and external stakeholders
Ability to interpret financial, operational, regulatory, and project-related information
Ability to work independently while appropriately escalating significant risks and decisions
Preferred
Degree in Business, Real Estate, Finance, Architecture, Urban Planning, Engineering, or a related field is preferred
Experience with affordable multifamily housing or LIHTC transactions
Experience with financial modeling and real estate underwriting
Experience with market research and real estate valuation
Experience working with state housing finance agencies, HUD, financing partners, or other public-sector stakeholders
Familiarity with DealPath or similar real estate transaction-management platforms
Benefits
Health Care Plan (Medical, Dental & Vision)
Retirement Plan (401k, IRA)
Life Insurance (Basic, Voluntary & AD&D)
Paid Time Off (Vacation, Sick & Public Holidays)
Short Term & Long Term Disability
Company
KCG Companies
Real estate developer of affordable, senior, and multifamily housing.
Funding
Current Stage
Growth StageLeadership Team
DeeAnna Woiton
Talent Acquisition Partner
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