What are the responsibilities and job description for the Acquisitions Analyst (Hybrid) position at Community HousingWorks?
Reports to the Director of Acquisitions, Preservation, and Recapitalization and provides support to HRED goals for acquisitions, preservation, and recapitalization. The Acquisitions Analyst will support sourcing the acquisitions, preservation, and recapitalization pipeline; performing early feasibility analysis including identifying sources of gap funding and sourcing equity; supporting major transactions including closings; fully documenting major transactions; processing due diligence; and, coordinating project handoff to internal and external teams. Additionally, the acquisitions analyst supports essential HRED reporting, cross-departmental processes, competitive public bidding processes, and special projects as assigned.
Role & Responsibilities:
- Supports sourcing potential market, off-market, and publicly bid acquisitions.
- Research opportunities for gap financing and equity sources and assists in the preparation of financing applications.
- With guidance, prepare early feasibility analysis for potential acquisitions, preservation opportunities, or recapitalization of existing portfolio communities. Works closely interdepartmentally with Asset, Achieve, and Finance & Accounting to accurately model operating expenses and financing stacks.
- With oversight, prepare offers, Letters of Interest, Memoranda of Understanding, or Expressions of Interest.
- Coordinate drafting and review of Purchase and Sale Agreements and creates interdepartmental calendars and timelines based on key deadlines.
- Facilitate physical and financial due diligence. Assists with the coordination of planning and permit approvals.
- Coordinate consultant contracts, vendor payment, lender deposits, and other milestone payments.
- Support transaction closing teams, which can include legal counsel, title companies, lenders, investors, public agencies, and internal and external stakeholders.
- Responsible for fully documenting closings and major transactions and making that documentation available interdepartmentally.
- Compile regular reporting to review with the HRED Senior and Finance team and provide to external audiences.
- Coordinate with the Executive Assistant of the CEO for board resolution approvals and other needs of the department.
- Track the entity formation and dissolution process and provide executed documents in a timely manner.
- Coordinate cross-departmental meetings, and creates agendas and takes minutes.
- Notarize or becomes a notary for HRED and/or organization within 6 months of hiring.
- Help coordinate program development and transfer process with Asset Management and Resident Services Departments
- Other tasks as assigned related to real estate development, policy development, organizational budgets, planning and administration.
- Administrative support including copying, filing, creation and maintenance of filing systems, mail and deliveries, office supplies and equipment.
Education and Experience:
- Bachelor's degree in urban planning, public administration, business, real estate or related field desired; Master's degree preferred.
- One to three years of experience in real estate development, underwriting or lending, urban planning, architecture, construction management or related business is preferred.
Physical Abilities:
The physical abilities to perform tasks may require prolonged sitting, standing and/or moving.
Moves throughout the office spaces, outdoor spaces and building to access areas of resident services.
Moves equipment weighing between 20-35 pounds without assistance. Moves more than 35 pounds with assistance.
Moves through outdoor spaces of varying levels and textures including uneven ground. May have to move around active construction sites and follow the site-specific safety protocol.
Work Environment:
The noise and climate level in the work environment varies depending on the work site, including outdoor work environments. Reasonable accommodations may be made to enable individuals with different abilities to perform the roles and responsibilities of this position.
This role requires working at different sites and in areas at varying degrees of distance.
Compensation:
It may vary based on skills, experience and qualifications
$83,200 - $93,600
Benefits:
CHW offers employees generous benefits, including:
- Medical, Dental and Vision Plan
- 401(K) with company matching contributions
- Life Insurance, Short- and Long-Term Disability
- FSA (Flexible Spending Account)
- Responsible Time Off (RTO)
- 12 Paid holidays
- Hybrid Workplace
- Wellness and Work Life Balance
- Opportunities for Professional Development
- EAP (Employee Assistance Program)
- Free Gym Access
- Paid Time Volunteer Opportunity
- Company-Wide Events
- Diversity, Equity and Inclusion
Community HousingWorks is an equal opportunity employer and is committed to creating a diverse and inclusive company culture, CHW does not discriminate against candidate and employees because of their disability, sex, race, gender identity, sexual orientation, religion, national origin, age, veteran status, or any other protected status under the law.
Salary : $83,200 - $93,600
