Director of Acquisitions, Affordable Housing
About The Position
Haven Housing, a new vertical of BH Properties focused on acquiring affordable housing and market-rate communities, is seeking a Director of Acquisitions. BH Properties is a privately held commercial real estate investment firm with over 30 years of experience and a significant portfolio across the Western United States. Haven Housing aims to scale its affordable housing acquisitions, with an initial focus on age-restricted opportunities and existing properties or portfolios rather than ground-up developments. The company is vertically integrated and known for its ability to move quickly and creatively in structuring acquisitions.
Requirements
- 5-10 years of real estate acquisition and underwriting experience.
- Knowledge of the federal affordable housing programs (LIHTC & HAP) along with other legacy programs.
- Understanding of the various tax and financing alternative programs.
- Established relationships with regional third-party management companies.
- Established relationships within the investment sale broker community.
- College degree in real estate, business, finance, or accounting.
- Strong quantitative and analytical abilities; ability to quickly assess deal viability.
- Outstanding analytical, verbal, and written communication skills.
- Ability to communicate and develop effective working relationships with others in a team oriented, collaborative and deadline driven environment.
- Team player who loves to brainstorm, problem solve and who can think independently.
Nice To Haves
- Advanced degree a plus.
- Knowledge of market rate multi-family acquisitions a plus.
Responsibilities
- Participate in establishing a 5-year operating plan to scale the opportunity.
- Assist in building out the necessary infrastructure to support the strategy.
- Oversee the acquisition process, including sourcing, managing due diligence, reviewing third party reports, and working with legal and finance teams to facilitate closings.
- Prepare market analysis, underwriting and deal summaries for opportunities being recommended.
- Develop relationships within the brokerage, developer, and lender communities in target markets to facilitate opportunities.
- Attending selected conferences.
Benefits
- Opportunity for professional growth and development
- Generous and comprehensive compensation & benefits package
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What This Job Offers
Job Type
Full-time
Career Level
Director
