Acquisition Development Manager

About Us: KCG Companies is a leading vertically integrated real estate development and construction firm specializing in the development of sustainable multifamily housing. Our commitment to quality, innovation, and affordable housing is at the core of everything we do.

Position Summary: This is an exciting opportunity to join the team in a period of strategic growth as an Acquisitions Development Manager. KCG is looking for a self-driven individual with aspirations for personal growth and future advancement to perform the following:

Primary Responsibilities:

• Lead and manage key LIHTC developer project tasks including coordination of due diligence, site visits, state agency, HUD, relocation plans and soft funding applications as well as collaboration with internal KCG departments to drive projects forward with efficiency
• Assist in the identification and underwriting of multifamily affordable opportunities for project viability and ultimate acquisition   
• Assist in contract preparations and negotiations of potential properties
• Prepare and present department packages for Investment and Operations Committee meetings
• Research and track key metrics by state to aid in acquisition decision-making, such as Private Activity Bond availability, state credits, soft funds, property tax exemption potential, etc. 
• Manage operating and development budgets from the pre-acquisition phase through to transaction closing
• Coordinate and review third party due diligence (i.e. market studies, rent comp studies, appraisals, environmental, Geotech, survey, engineering, architectural, design, marketing, etc.
• Responsible for managing properties through the project life cycle using company supported software database (DealPath)
• Assist in the preparation and submission of both initial and final tax credit applications, HUD submissions and various other financing applications
• Assist in completing required reports to state housing finance agencies
• Assist with the closing related due diligence in connection with debt and equity partners
• Assist in the preparation of presentations for community meetings and government approvals
• Contribute in all phases of the deal and have an understanding of the project from sourcing through stabilization

Qualifications and Requirements:

• Must be an organized, entrepreneurial leader with attention to detail and strong analytical, project management,  time management and problem-solving abilities
• Must possess excellent verbal and written communication and be able to multitask efficiently in a fast paced work environment
• Experience with financial modeling, market research, and real estate valuation strongly preferred
• Bachelor's Degree or equivalent, ideally in Business, Real Estate, Finance, Architecture, Urban Planning, Engineering, or a similar field with at least 2 years’ experience
• 3 years of LIHTC and/or HUD experience strongly preferred
• Ability and willingness to travel

Abilities:

• Excellent verbal and written communication skills.
• Ability to collaborate with a team of professionals across various disciplines.
• Professional and positive interaction with subordinates, peers, and supervisors.
• Maintain a positive attitude and cooperative working relationship with all employees.
• Ability to recognize and manage priorities.
• Demonstrate good judgement in reporting and solving issues.
• Exhibit a “Can Do” Attitude.
• Function independently with minimal supervision while demonstrating good planning skills.
• Ability to multi-task effectively.
• Show initiative in taking on additional responsibilities as schedule allows.

KCG Values:

Accountability - We don’t let others let us fail.

Collaboration - We support each other across departments.

Entrepreneurship - We work with an ownership mindset; own the work, the problem and the solution. 

Commitment - We create dynamic communities and foster long-term relationships.

Transparency - We act responsibly and communicate authentically.

Competencies:

• Demonstrates knowledge of EEO policy
• Shows respect and sensitivity for cultural differences
• Values diversity and promotes a harassment-free environment.
• Treats people with respect and keeps commitments
• Inspires the trust of others
• Works with integrity and ethically
• Upholds organizational values.

• Be part of a team that is focused on values and committed to building better lives through better communities. 
• Grow in your career with our development opportunities.
• Thrive in our collaborative and inclusive work environment.
• Enjoy our industry-leading benefits package and competitive compensation.
• Know that your work makes a positive impact on the lives of those in our communities.

EEOC Statement: All employment decisions at KCG Companies are based on business needs, job requirements, and individual qualifications. Qualified candidates are recruited without regard to age, race, color, national origin, gender, and sex.

Please note that we do not accept unsolicited submissions from recruitment agencies. Any unsolicited resumes or candidate profiles submitted without prior agreement from our HR team will be considered as the property of KCG Companies, and we reserve the right to pursue and hire those candidates without any obligation to any third-party recruiter or agency.