Vice President of Acquisitions/Rehab

The Annex Group•Fishers, IN

About The Position

A leading real estate developer in affordable housing and P3/Student Housing is seeking a Vice President of Acquisitions/Rehab to join its dynamic team of real estate professionals. The successful candidate will be primarily responsible for the identification, acquisition, rehabilitation, and recapitalization of multi-family properties in one or more of three regions (Great Lakes, Great Plains, and/or Southeast). This position offers a unique opportunity to build a platform aligned with our vision of impact housing. This role requires market insight, financial acumen, interpersonal skills and a proven ability to negotiate and close deals.

Requirements

Minimum of 5 years (10 years preferred) of experience in real estate acquisitions, with a focus on multi-family affordable housing (Bonds, LIHTC, 501c3, etc.)
Bachelor's degree required; a graduate degree or relevant professional credentials preferred.
History of sourcing, negotiating, and closing deals.
An existing network of brokers, tenants, developers, managers, and landowners in one or more target markets.
Exceptional analytical and technical skills, including advanced proficiency in financial modeling and analysis.
Excellent oral and written communication and interpersonal skills.
Ability to create and execute an acquisition strategy independently.
Highly organized and efficient.
Self-motivated, results-oriented, and able to thrive autonomously in an entrepreneurial environment.
Willingness to travel as required.

Responsibilities

Network and maintain relationships with owners, lenders and brokers.
Identify, source, negotiate, and acquire multi-family assets by engaging with owners, brokers, and lenders that align with the company’s acquisition criteria.
Collaborate with the firm’s executive leadership team to refine the investment thesis, strategic business plan, and financial projections.
Conduct comprehensive research, underwriting, and financial modeling of acquisition opportunities.
Create complex financial models analyzing sophisticated waterfall cash flows and recapitalization strategies.
Lead asset acquisition due diligence, including property and market research, title review, third-party reports, and preparation of the final due diligence report for investors and lenders.
Prepare deal memos and financial proformas for the internal investment committee, limited partners, and lenders.
Handle the legal aspects of the acquisition process, including letters of interest, purchase agreements, loan documents, and closing documents.
Manage relationship with tenant relocation consultant.
Maintain files and work product in the company’s shared drive and track pipeline and follow-up in the company’s project management software.
Work with finance, construction, and property management teams through renovation and recapitalization to reach stabilized operations.