This Analyst will report to the Head of Impact Investing and will support a lead transaction officer in evaluating and executing on affordable housing (emphasis on LIHTC, PBS8, and self-restricted workforce deals) real estate transactions. They will be focused on numerous geographies across the U.S. This position will support transaction officers on both acquisitions and dispositions to include financial modeling, research and analysis, creating the investment memorandums, and communication with both internal and external stakeholders. The affordable acquisitions will primarily be on a direct basis, but some clients will utilize joint ventures to access specific deals and markets. This position will work independently under general supervision.
Key Responsibilities and Duties- Independently analyzes and underwrites and assists with bidding, due diligence, and the closing of affordable housing preservation real estate investments which fit the business plans of affiliated and third-party clients across numerous U.S. markets. Approximately 75% of the transactions will be Capital A affordable investments including expiring LIHTC and PBS8 opportunities.
- Evaluates affordable investments and investment returns based on discounted cash flows, return on cost, development spreads and third-party leverage.
- Form and/or strengthen internal relationships with asset management counterparts to successfully transition new affordable acquisitions and help position assets for sale.
- Develop external relationships with key market participants, including the affordable brokerage community, owners, and lenders.
- Coordinates and oversees the due diligence process for acquisitions
- Knowledgeable of client's investment strategies and works with transaction officers to execute the investment strategy.
- Drafts investment memorandums for internal committees to include the Senior Leadership Team and Investment Committee.
Educational Requirements- University (Degree) Preferred
Work ExperiencePhysical Requirements- Physical Requirements: Sedentary Work
Career Level5IC
Desired Qualifications
- Commercial real estate related experience strongly preferred
- Affordable housing experience
- Knowledge of commercial real estate, economics, finance, valuation, financing, accounting, and legal structures.
- Excel
Related Skills
Business Development, Due Diligence, Financial Analysis, Market/Industry Dynamics, Opportunity Strategy, Organizational Savviness, Real Estate Investments, Underwriting
Anticipated Posting End Date:2026-08-22
Base Pay Range: $89,200/yr - $100,000/yr
Actual base salary may vary based upon, but not limited to, relevant experience, time in role, base salary of internal peers, prior performance, business sector, and geographic location. In addition to base salary, the competitive compensation package may include, depending on the role, participation in an incentive program linked to performance (for example, annual discretionary incentive programs, non-annual sales incentive plans, or other non-annual incentive plans).
Benefits and Total RewardsThe organization is committed to making financial well-being possible for its clients, and is equally committed to the well-being of our associates. That's why we offer a comprehensive Total Rewards package designed to make a positive difference in the lives of our associates and their loved ones. Our benefits include a superior retirement program and highly competitive health, wellness and work life offerings that can help you achieve and maintain your best possible physical, emotional and financial well-being. To learn more about your benefits, please review our Benefits Summary.
