Associate, Transactions

April Housing • Los Angeles, CA

7d • $115,000 - $125,000

About The Position

April Housing is a leading owner and operator of high-quality affordable housing throughout the United States. Founded in 2022 and headquartered in Los Angeles, April Housing is the asset management business that oversees Blackstone's affordable housing and LIHTC portfolio. April Housing seeks to preserve critical affordable housing stock while providing best-in-class management and high-quality housing. April is committed to being a fair, transparent, and responsible owner. April Housing’s long-term commitment to owning affordable housing is supported by Blackstone Funds, predominantly BREIT, a non-listed REIT. This perpetual capital vehicle provides April with a patient and flexible source of capital and plays a critical role in enabling the creation and preservation of more affordable housing. In addition to managing a growing portfolio, April Housing will ensure assets in the existing portfolio remain affordable and in compliance with all rent regulations while making significant improvements and aligning the operations with April Housing's Standards of Excellence in Residential Operations. April Housing is a leading owner and operator of high-quality affordable housing throughout the United States. Founded in 2022 and headquartered in Los Angeles, April Housing is the asset management business that oversees Blackstone's affordable housing and LIHTC portfolio. April Housing seeks to preserve critical affordable housing stock while providing best-in-class management and high-quality housing. April is committed to being a fair, transparent, and responsible owner. April Housing’s long-term commitment to owning affordable housing is supported by Blackstone Funds, predominantly BREIT, a non-listed REIT. This perpetual capital vehicle provides April with a patient and flexible source of capital and plays a critical role in enabling the creation and preservation of more affordable housing. In addition to managing a growing portfolio, April Housing will ensure assets in the existing portfolio remain affordable and in compliance with all rent regulations while making significant improvements and aligning the operations with April Housing's Standards of Excellence in Residential Operations. The Associate will support the execution of real estate transactions across Acquisitions, Dispositions, and Capital Markets workstreams. This role manages the full transaction lifecycle—from diligence through closing—while coordinating internal stakeholders, third-party consultants, and external counterparties that include property management companies and brokers. The role will also be responsible for creating and maintaining information and files across systems such as DealPath, SharePoint, and PropertyHub.

Requirements

• Bachelor’s degree in Finance, Accounting, Real Estate, or related field.
• 2–4 years of experience in real estate transaction support, or title or paralegal fields.
• Solution oriented, and able to foster a collaborative and positive environment, and remain calm under pressure.
• Strong attention to detail, familiarity with real estate transaction processes, and experience with data and records management.
• Proficiency with Microsoft Excel, SharePoint, Box, and property management financial reporting platforms (e.g., Yardi, Resmen, and RealPage).
• Experience reviewing title reports and creating settlement statements
• Strong organizational and records management skills
• Excellent written and verbal communication skills in English

Nice To Haves

• Familiarity with LIHTC and affordable housing is a plus

Responsibilities

• Prepare and maintain comprehensive due diligence packages, ensuring all required financial, legal, and operational materials are collected and organized for buyers in a timely manner
• Distribute answers to Requests for Information (RFIs)
• Prepare title review summaries, highlighting lien releases, encumbrances, and easement details
• Abstract of key agreements, leases, service contracts, and regulatory restrictions
• Track and summarize capex planning data, lien status, and compliance certificates
• Track and summarize property financial performance throughout deal cycle
• Proactively identify, monitor, and resolve key risks and critical path items
• Work closely with Deal Leads to communicate progress to counterparties
• Coordinate payoff requests, taxes, prorations, utilities, lien releases, and settlement statement preparation
• Obtain payoff letters, invoices, and updated closing documents from property managers, counsel, and lenders
• Maintain the master closing checklist, ensuring all financial and operational deliverables are accurately tracked through execution
• Identify manage critical path items to meet key dates on closing timeline
• Participate in closing calls, take notes, and distribute updates to relevant stakeholders
• Track wire confirmations, closing statements, and final settlement documents
• Update and maintain closing folders with executed documents
• Follow up on outstanding post-closing items such as PMCO fund releases, escrow true-ups, and insurance cancellations
• Organize and lead transaction meetings for all stakeholders
• Update deal status within DealPath
• Update deal trackers (e.g., consents, third-party reports) with status, key dates, and critical path items

Benefits

• The Company provides a variety of benefits to employees, including health insurance coverage, retirement savings plan, paid holidays and paid time off (PTO).

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level