AVP, Project Manager

Walker & Dunlop • Denver, CO

5d • $125,000 - $150,000 • Hybrid

About The Position

The AVP, Project Manager manages the acquisition of limited partnership interests in affordable housing developments as part of an acquisitions pod. Reporting to the VP, Project Manager, this role manages assigned Low-Income Housing Tax Credit (LIHTC) transactions from underwriting and due diligence through closing, with responsibility for thorough financial analysis, risk mitigation, and timely execution. The AVP works closely with developers, investors, and internal stakeholders to advance transactions, coordinate deliverables, and develop investment recommendations. The role offers ownership of complex transactions and the opportunity to contribute to the growth of Walker & Dunlop’s affordable housing equity platform.

The position generally requires attendance from 8:30 a.m. to 5:30 p.m. local time, Tuesday through Thursday, with the option to work remotely on Mondays and Fridays.

Requirements

• Bachelor's degree required.
• At least 6 years of experience in real estate finance, development, or affordable housing transactions.
• Demonstrated experience underwriting and structuring real estate transactions.
• Experience managing transactions and coordinating activities with cross-functional teams.
• Strong understanding of real estate development, finance, and LIHTC transactions.
• Advanced financial analysis skills and high proficiency in Microsoft Excel.
• Strong negotiation, analytical, and problem-solving abilities.
• Excellent written and verbal communication skills and the ability to engage effectively with developers, investors, and internal stakeholders.
• Ability to independently manage multiple complex transactions in a deadline-driven environment.
• Strong organizational and project management skills, including coordinating deliverables, managing competing priorities, and maintaining accountability.
• Sound business judgment and ability to assess, mitigate, and appropriately escalate transaction risks.
• Ability to collaborate effectively with cross-functional teams and contribute to shared business objectives.
• High degree of professionalism and discretion.
• Ability to take ownership of work, embrace challenges and growth opportunities, and demonstrate patience when learning new processes.
• Courtesy, respect, and thoughtfulness when working with colleagues and stakeholders.

Nice To Haves

• Experience underwriting and structuring LIHTC investments is preferred.
• Familiarity with escrow processes, title, and survey review is preferred.

Responsibilities

• Manage assigned LIHTC transactions from underwriting and due diligence through closing, ensuring timely execution and adherence to investment and transaction processes.
• Lead negotiations of project partnership agreements with developers, collaborating with the VP, Project Manager on complex matters as appropriate.
• Conduct and review financial feasibility analyses, including construction sources and uses, operating budgets, projected income, and permanent financing structures.
• Review and negotiate loan and financing documents with multiple lenders, including conventional and tax-exempt lenders.
• Evaluate due diligence materials, including tax credit applications, market studies, appraisals, environmental reports, title, survey, and regulatory approvals.
• Manage transaction timelines and coordinate work with underwriting, construction, modeling, legal, and asset management teams to facilitate closings.
• Serve as the primary point of contact for developers on assigned transactions and respond to investor and internal inquiries about transaction status.
• Coordinate transaction activities and deliverables with Acquisitions Coordinators and other team members, ensuring accuracy, quality, and adherence to established processes.
• Prepare Project Acquisition Reports (PARs), including investment rationale, transaction risks and mitigants, and recommended deal structures; present transactions to the Investment Committee for approval and support investor decisions with presentations and responses to due diligence inquiries.
• Identify and address financial, legal, development, and transaction risks; work with internal stakeholders and external partners on mitigation strategies and escalate complex matters as needed.
• Maintain complete, accurate, and compliant project due diligence files.
• Collaborate with the VP, Project Manager to identify opportunities to improve transaction execution, team coordination, and processes.
• Perform other duties as assigned.

Benefits

• Up to 83% subsidized medical payroll deductions.
• Competitive dental and vision benefits.
• 401(k) with match.
• Pre-tax transit and commuting benefits.
• Health and wellness program with cash rewards and resources promoting health, engagement, and balance.
• Paid maternity and parental leave, as well as other family paid leave programs.
• Company-paid life insurance and short- and long-term disability insurance.
• Health Savings Account and Healthcare and Dependent Care Flexible Spending Accounts.
• Career development opportunities.
• Volunteer hours and donation matching.
• Discretionary bonus.

What This Job Offers

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