Description
Sunrise Affordable Housing Group (“SAH") is a Real Estate Acquisition and Development Firm focused on Affordable Housing. SAH investment process focuses on the acquisition of Multi-family properties with Section 8 or Section 42 restrictions in the South East region and other select states. SAH’s primary goals are to: (1) expand, improve, and preserve the availability of Affordable Housing; and (2) generate outsized returns for our investor.
Sunrise Affordable seeks an Acquisitions & Development Vice President to direct the investment team at SAH. Responsibilities span from deal origination through transaction execution. The position offers a high-level of seniority, independence and material responsibility.
Ideal Candidate: The role is designed for candidates with 5+ years of direct Section 42 Acquisition Rehabilitation development experience.
Location: Position is remote
Compensation: Base salary commensurate with current pay. Performance bonus and deal equity participation is based on contribution.
Responsibilities
- Assist with deal origination and management of the investment pipeline
- Underwrite Section 42 investment opportunities including tax credit resyndication development models
- Prepare and oversee internal investment process including requisite presentations and memos
- Lead investment execution through negotiating Letters of Intent, Purchase and Sale Agreements and managing the external deal team
- Responsible to oversee the diligence process including third-party reporting and property management
- Manage capital markets execution, overseeing the LIHTC application/issuance process and arranging capital sources including tax-exempt bonds
- Assist in other special projects and assignments as they may arise
Qualifications
- Holds a Bachelor’s or Master’s degree
- Established track record of sourcing and closing LIHTC transactions
- Strong organizational skills, with the ability to prioritize and manage multiple live projects
- Excellent written communication and strong verbal interpersonal skills
- 5+ years of work experience in Affordable Housing
Experience
5+ to 7 years
This job is no longer active.