Director - Acquisitions, LIHTC
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About The Position
Berkadia’s mortgage banking platform is consistently ranked among Fannie Mae, Freddie Mac and HUD’s top lenders and is seamlessly integrated with our investment sales and servicing platforms to provide superior client service. Let the strongest research, technology, capital relationships, and a nationwide network of industry professionals propel you to the next stage of your commercial real estate career. Be Backed by the Best. Be Berkadia. The Director, Acquisitions, will originate, structure, and negotiate tax credit investments that are consistent with Berkadia Affordable Tax Credit Solutions’ objectives and investor demand. This person will identify potential complex LIHTC issues and negotiate business terms with clients. Working as a team, identify developers with prospective LIHTC transactions, targeting specifically where investor needs are located nationwide, and originate new business product. Work closely with Acquisitions, Underwriting, Investor Relations, Asset Management, Fund Management, Accounting, and senior leadership in successfully acquiring new LIHTC transactions. Have and maintain a high level of proficiency in utilizing the Berkadia Affordable Housing tax credit model. Have and maintain a high level of understanding of the Berkadia Affordable Housing Policies and Procedures, underwriting policies, industry standards, and LIHTC investor needs. Have and maintain knowledge of complex real estate underwriting, tax and LIHTC requirements. Promote the Berkadia Affordable Tax Credit Solutions brand through online and in person efforts by attending and speaking on panels at industry conferences (national, regional, and state) and other networking events throughout the year. Establish and maintain relationships with tax credit developers, investors, lenders, attorneys, accountants, and consultants through frequent communication and in person meetings. This position requires travel. Other duties as assigned.
