Job Description:PURPOSEAs the Affordable Housing Acquisitions Senior Project Leader, you will lead and execute a portfolio of affordable senior housing acquisition transactions by managing the full acquisition lifecycle from opportunity identification through closing, and transition to operations while supporting strategic growth initiatives. This role ensures disciplined underwriting, effective stakeholder collaboration, and seamless deal execution to expand high-quality, mission-driven housing for seniors.
ESSENTIAL FUNCTIONS- Promote and participate as an active and supportive member of the Acquisition and Development team alongside the Acquisitions Analyst and Senior Director of Acquisitions.
- "Quarterback" a group of individual deals from site identification up through closing and turnover to operations housing team and asset mgmt.
- Support the Acquisitions Analyst and Senior Director of Acquisitions with the acquisition of multifamily senior housing projects; anticipated per annum acquisition unit count for the acquisition team will be between 700 and 1,200 units per year.
- From time to time, assist Acquisitions Analyst to Underwrite and model potential acquisition opportunities to determine maximum offer price and financial viability.
- Review and analyze operating budgets, potential funding sources and capital needs. Make recommendations to senior development team regarding same.
- Review and analyze compliance documents.
- Review, summarize and analyze project due diligence, including market studies, appraisals, environmental reports and capital needs assessments.
- In conjunction with internal and external legal counsel, review title and property reports.
- Obtain HUD, Housing Finance Agency and investor approvals, as applicable.
- Manage project timelines and checklists and ensure compliance with applicable deadlines.
- Conduct site visits to review potential acquisitions, as required.
- Communicate professionally and direct the flow of real estate transactions by coordinating with Acquisitions Analyst, seller and applicable third party vendors, title companies, outside legal counsel, and property management team.
- Work with the Senior Director of Acquisitions to successfully transition all assets to National Church Residences housing team.
- Assist with various LIHTC, HOME, FHLB and HUD applications.
- Support Acquisitions Analyst, Senior Director of Acquisitions and Senior Vice President with Board reporting, Investment Corporation reporting, Internal Investment Committee reporting, industry specific presentations and other duties as assigned.
- Assist Acquisitions Team and provide support and other duties as assigned
- Attends and participates in regularly scheduled team meetings
EXPECTATIONS- Demonstrates and maintains a positive, professional manner, manages time efficiently and effectively, provides leadership as a role model to promote a team approach, collaborates and participates in policy creation and appropriate problem-solving methods.
- With respect to Resident Rights, ensure all care is provided with respect and dignity for the residents/clients, their families and the staff. Reports all complaints made by residents/clients and/or families to the appropriate supervisors, reports all allegations of abuse, misappropriation of funds/resident property and/or any other corporate compliance, drug free workplace, safe work practices, all federal, state and local regulations and laws.
- Completes all annual education requirements timely, including but not limited to Compliance, Privacy, Security and HIPAA training and exhibits behavior as set forth by the Code of Conduct in the performance of their duties.
- Performs other duties as assigned.
Education: Bachelor's degree required.
Experience: Minimum of 7 years of relevant multifamily, affordable housing, real estate experience.
Skills: - Knowledge of affordable housing fundamentals and market dynamics
- Proficiency in Microsoft Office Suite and other standard business applications, with the ability to quickly learn and adapt to new software systems.
- Ability to demonstrate ownership of developments and work with a high degree of autonomy.
- Highly effective communication, presentation and listening skill set. Excellent written and verbal communication skills.
- Sound analytical skills and proficiency in Microsoft Excel required.
- Must have excellent communication, comprehension, and interpersonal skills.
- Collaborative skills, working with diverse internal and external entities to accomplish project goals.
- Demonstrated ability for multi-tasking and meeting simultaneous deadlines.
- Must have the ability to speak, read, write and understand English, as well as the ability to make self-understood.
- Ability to attend evening meetings on a limited basis.
Travel: Must be willing and able to travel up to 30%
Licensure: Valid driver's license and able to meet National Church Residences' motor vehicle policy.
In return, National Church Residences offers an excellent total reward package that includes:- Medical & Rx - 3 plan options to fit your budget; choose from coverage offered through a Nationwide network for you and your family
- Complimented with a Healthcare Flexible Spending Account or Employer funded Health Savings Account
- Includes Fertility & Family Building Support, Weight Management, and Chronic Condition Support
- Parental Leave paid at 100% for four weeks
- Coverage begins first of the month following your date of hire!
- Dental & Vision coverage for you and your family with Nationwide providers.
- Company provided Life & ADD insurance and Disability coverage.
- Supplemental benefits such as Life and AD&D for you and your family, Accident Insurance, Hospital Indemnity, and Critical Illness.
- Flexible Spending Accounts for Dependent Care and Transportation & Parking
- Well-being Programs including an enhanced EAP with mental health and work-life support, tobacco cessation, and Well-Being Your Way which offers up to $1000/year in rewards & reimbursements!
- Retirement Savings Plan offering immediate company funding at 3%, increasing up to 5% over time and an additional company match up to 5% when you contribute your own funds!
- Reimbursement for Tuition expenses
- Paid Time Off (PTO), 9 paid Holidays and Parental Paid Leave at 100%
(Programs vary depending on Full Time, Part Time or Contingent Status)
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