Capital Strategy & Investment Manager (Commercial Real Estate - Affordable Housing)

The Community Preservation Corporation•New York City, NY

12d•Hybrid

About The Position

The Community Preservation Corporation (CPC) is a nationally recognized leader in affordable housing finance, dedicated to comprehensive neighborhood revitalization through lending and partnerships. Since 1974, CPC has provided capital to underserved housing markets, becoming the largest Community Development Financial Institution (CDFI) solely focused on multifamily housing. CPC has invested over $15 billion to finance more than 230,000 units of housing, with a robust construction lending platform, a mortgage bank, and equity and impact investment platforms. These platforms focus on expanding affordable housing, closing the racial wealth gap, and investing in the green economy. CPC seeks talented individuals passionate about its mission and values of commitment, respect, excellence, accountability, and collaboration.

Requirements

Bachelor’s degree in Finance, Economics, or Real Estate is strongly preferred
5+ years of relevant experience in real estate finance, structured finance, capital markets, or a related institutional investing or lending environment
Experience supporting capital markets execution and investor engagement, including familiarity with loan trading, securitization, agency lending, or similar platforms (Fannie Mae, Ginnie Mae experience a plus)
Proven communication skills and ability to prepare high-quality PPTX materials for senior leadership, investment committees, and external investors, including presentations, analyses, and written recommendations
High level of financial modeling and analytical proficiency, with the ability to synthesize complex data into clear insights and recommendations
Strong communication, organizational, and stakeholder-management skills, with the ability to work effectively across teams and with external partners
Self-directed, detail-oriented professional with sound judgment, intellectual curiosity, and the ability to manage multiple priorities and projects in a fast-paced environment
Ability to work collaboratively and independently
Joint and cooperative approach to problem solving
Applicants must be authorized to work in the United States.
The Community Preservation Corporation does not provide employment sponsorship of any kind.
Candidates are responsible for ensuring they meet all minimum qualifications for the position at the time of application.

Nice To Haves

Fannie Mae, Ginnie Mae experience a plus

Responsibilities

Lead the CPC Participations Desk by originating and structuring construction loan participations.
Source and manage institutional participant relationships.
Position CPC’s construction loan platform.
Align investor criteria with eligible loans.
Guide participant diligence through credit approval.
Partner closely with CPC’s construction loan origination teams to maintain real-time visibility into the pipeline, identify participation opportunities, and proactively match deals with appropriate capital partners.
Own participation execution from approval through close, including term sheets, coordinating and negotiating legal documentation, managing closing and funding mechanics, and ensuring accurate system setup across CPC platforms in collaboration with Finance, Legal, and Loan Servicing.
Collaborate with the CS&I Team and CPC leadership to ensure CPC capitalization is optimal and capital is available.
Monitor market conditions and gather internal and external data to develop and maintain financial models that inform capital structuring, pricing, and deployment decisions across CPC’s lending and investment platforms, ensuring CPC products and structures remain competitive and aligned with evolving market dynamics.
Inform capital sourcing and evaluation efforts through relationship-building with capital providers and industry thought leaders and by conducting thorough qualitative and quantitative due diligence on prospective opportunities.
Work with CPC’s businesses on various project-based initiatives while ensuring alignment with CPC’s corporate goals for capital allocation, revenue generation, and business growth.
Support investor engagement and execution activities, including investor due diligence, development of fundraising and ongoing reporting materials, coordination of legal documentation and negotiations, and partnership with CPC business leads on strategic capital and balance-sheet initiatives.
Prepare Capital Allocation and Investment Committee, and Board-level materials, as well as ad hoc strategic presentations for senior leadership.

Benefits

Competitive compensation
401(k) retirement plans with employer match
Medical, dental, and vision benefits for employees and their dependents
Commuter benefits
PTO for vacation, personal days, sick leave, holidays, jury duty, bereavement, parental leave, and disability
Tuition assistance program
Two “work from anywhere” weeks per year
Summer Fridays
Collaborative working spaces
Service days to support our communities
Employee development and engagement events