Affordable Housing Acquisitions Analyst

Fairfield Residential•San Diego, CA

2d•$72,500 - $80,000•Hybrid

About The Position

As an Acquisition Analyst, you will support Fairfield’s investment strategy by analyzing potential multifamily acquisitions and assisting the acquisitions team throughout the underwriting and transaction process. The role provides hands-on exposure to real estate investment analysis, market research, and transaction execution within a collaborative team environment. The position is based at Fairfield’s corporate office in San Diego, California. In-office attendance is required Monday through Thursday, with remote work on Friday. Applicants must live within commuting distance of the Sorrento Valley office. The analyst supports property cash-flow projections, financial modeling, underwriting, market research, due diligence, and transaction execution. The role also coordinates with lenders and capital partners, helps prepare Investment Committee submissions, and maintains reports and tracking tools for affordable fund vehicles.

Requirements

Bachelor’s or master’s degree in business, real estate finance, accounting, or a related field.
0–2 years of experience in commercial real estate financial underwriting, due diligence review, and analysis.
Exposure to real estate financial analysis, investment analysis, or related analytical roles.
Understanding of fundamental real estate valuation and investment concepts, including IRR and cap rates, and how they are calculated, interpreted, and applied to investment decisions.
Strong quantitative skills, including the ability to analyze large data sets and translate numbers into meaningful insights.
Excellent oral and written communication skills, including the ability to clearly present financial findings to internal stakeholders.
Ability to work on multiple tasks in a fast-paced environment while maintaining accuracy and attention to detail.
Proficiency in Microsoft Excel and PowerPoint, including financial modeling, data analysis, and presentation development.
Financial modeling and analytical reasoning skills applied to real estate investments.
Market research and data interpretation skills.
Professional judgment and discretion when handling sensitive financial information.

Nice To Haves

Exposure to LIHTC, regulatory requirements, and affordable housing financing structures.
Familiarity with affordable housing regulatory documents, including LURAs, extended-use agreements, IRS Form 8609s, and other LIHTC compliance requirements.

Responsibilities

Work with acquisition team members to create cash-flow projections for properties identified as potential investments.
Perform other analysis, research, and financial modeling.
Analyze property-level operating statements, rent rolls, and expense assumptions to support underwriting accuracy.
Support scenario and sensitivity analyses to evaluate investment risk and return profiles.
Conduct market rent surveys and research submarket trends, comparable properties, and economic drivers affecting property performance.
Evaluate market data and help validate revenue and expense assumptions using third-party data and internal benchmarks.
Review third-party reports, including appraisals, inspections, and market studies, and share findings with key decision makers.
Coordinate acquisition-related data and documentation across internal teams.
Respond to lender requests throughout the acquisition process and support preparation of materials for debt and equity partners.
Help track lender terms, assumptions, and conditions during underwriting and closing.
Help prepare submissions to Fairfield’s Investment Committee.
Maintain pipeline reports for affordable fund vehicles and update acquisition tracking tools and reports with deal status, assumptions, and timelines.
Support senior team members with presentation materials and analysis for internal stakeholders.
Work safely and cooperatively with others, adhere to performance standards, communicate effectively and respectfully, and follow applicable laws and company policies.