AVP, Project Manager

Walker & Dunlop

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 within W&D Affordable Equity. Reporting to the VP, Project Manager, this role manages assigned Low-Income Housing Tax Credit (LIHTC) transactions from underwriting and due diligence through closing. The position ensures thorough financial analysis, risk mitigation, and timely execution while working with developers, investors, and internal stakeholders to coordinate deliverables and develop investment recommendations. It offers ownership of complex transactions and the opportunity to contribute to the growth of the platform. Attendance is generally required 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 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.
Demonstrates courtesy, respect, and thoughtfulness when working with colleagues and stakeholders.

Nice To Haves

LIHTC investment underwriting and structuring experience preferred.
Familiarity with escrow processes, title, and survey review preferred.

Responsibilities

Manage assigned LIHTC transactions from underwriting and due diligence through closing, following established 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 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 with investment rationale, transaction risks and mitigants, and recommended deal structures; present transactions to the Investment Committee and support investor investment decisions through presentations and responses to due diligence inquiries.
Identify and address financial, legal, development, and transaction risks, collaborate 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 established processes.
Perform other duties as assigned.