Capital Markets & Underwriting Analyst
About The Position
Community Preservation Partners (CPP) is a national affordable housing rehabilitation developer dedicated to preserving and enhancing affordable communities across the United States. CPP specializes in complex, mission‑driven redevelopment that improves residents’ quality of life while maintaining long‑term affordability. The organization is known for innovation in preservation finance, strong public‑private partnerships, and a deep commitment to community impact. CPP is seeking a highly analytical and detail‑oriented Capital Markets & Underwriting Analyst to support debt and equity sourcing, financial structuring, refinancing evaluations, investor relations, and property disposition activities across CPP’s national affordable housing portfolio. This role works closely with senior leadership, asset management, finance, and development teams to optimize capital stack strategies and maximize portfolio value while aligning with CPP’s long‑term mission. The ideal candidate brings strong financial modeling skills, a deep interest in real estate capital markets, and familiarity with affordable housing finance, including LIHTC, tax‑exempt bonds, and public soft funding programs.
Requirements
- Bachelor’s degree in Finance, Economics, Real Estate, or related field.
- Strong Excel and financial modeling skills (cash flows, discounted cash flow, IRR, waterfalls, scenario models).
- Excellent analytical abilities and attention to detail.
- Strong communication skills with the ability to work in a fast‑paced, collaborative environment.
Nice To Haves
- Experience with affordable housing finance (LIHTC, tax‑exempt bonds, HUD programs).
- Familiarity with debt structuring, underwriting, and lender processes.
- Exposure to property dispositions or real estate valuations.
- Experience with Salesforce or other CRM tools.
- 1–3 years of experience in real estate finance, capital markets, investment banking, acquisitions, or asset management.
Responsibilities
- Assist in structuring and evaluating debt and equity for acquisitions, refinancings, and recapitalizations.
- Build and maintain complex financial models under various capital stack scenarios.
- Analyze lender and investor term sheets, comparing pricing, covenants, fees, and execution risk.
- Support the preparation of materials for lenders, investors, rating agencies, and internal investment committees.
- Coordinate due diligence activities for financing, including third‑party reports, underwriting materials, and data requests.
- Conduct financial, market, and valuation analysis to support property dispositions or partner‑buyout scenarios.
- Assist in the preparation of disposition packages and RFP packages.
- Work with the Head of Capital Markets to evaluate hold/sell recommendations using return thresholds and long‑term affordability considerations.
- Track market data—including cap rates, interest rates, and comparable sales—to inform strategic decisions.
- Maintain portfolio‑level financial dashboards and capital markets databases.
- Monitor capital markets trends including bond yields, construction and perm debt pricing, tax credit equity markets, and industry policy changes.
- Provide internal forecasting, scenario analysis, and sensitivity modeling.
- Collaborate with the acquisition and development teams on financing assumptions for new projects.
- Support legal, accounting, and asset management teams during closings and dispositions.
- Assist in preparing executive‑level presentations and reports.
Benefits
- WNC offers a competitive benefits package which includes medical, dental, and vision insurance, paid time-off, 401k match, life insurance, and long-term disability.
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What This Job Offers
Job Type
Full-time
Career Level
Entry Level
