Director of Acquisitions - Affordable Housing

BH Properties • Dallas, TX

31d

About The Position

Haven Housing is a wholly owned subsidiary of BH Properties, a privately held commercial real estate investment firm focused on value-add acquisitions in office, industrial, retail, affordable and multi-family properties throughout the Western United States along with investments in distressed debt, ground leases and affordable housing. The Company is vertically integrated, with offices in Los Angeles, San Francisco, Riverside, Phoenix, Dallas, Houston and Seattle and can acquire and close transactions, in most cases, in as little as ten days. Founded thirty (30) years ago and operating with no outside capital partners allows us advantages in moving quickly and creatively in structuring acquisitions to satisfy seller needs. Today, the Company owns and operates approximately 11M square feet across 18 states.

In May 2025, the Company launched 'Haven Housing', an investment vertical for the sole purpose of acquiring affordable housing and market rate communities. As of its launch, Haven Housing, through its parent company, owns and manages approximately 2,800 residential units.

Initially reporting to the Managing Director, Head of Affordable Housing Acquisitions, the Director of Acquisitions will be responsible for strategy, originating, underwriting, and closing Affordable Housing transactions in multiple markets with an initial focus on age restricted opportunities. The successful candidate will have extensive acquisition experience and a deep understanding of the regulatory agreements encumbering affordable housing properties and the nuances that create a compelling acquisition. The Company anticipates a focus on existing properties or portfolios in lieu of ground-up developments.

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.
• Travel required

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.
• Build 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

• We offer an excellent compensation package, and an exciting opportunity to grow and develop with a well-capitalized entrepreneurial real estate investment group.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level