Director Acquisition

Are you ready to be part of a dynamic, fast-paced environment that’s making a real impact on communities in need? Soni’s client, a forward-thinking, mission-driven housing preservation firm, is seeking a Director of Acquisitions to play a pivotal role in shaping the future of affordable housing across America. If you're a strategic thinker with a passion for multifamily investments and community development, this is the opportunity for you!

Why You’ll Love This Role:

• Make a Difference: Join a firm dedicated to preserving quality affordable housing and improving the lives of households across the country.
• Fast-Paced & Entrepreneurial Environment: Collaborate with executive leadership and be a key player in driving decisions that will impact housing policies and investments nationwide.
• Work with Experts: Partner with a talented team of analysts, leadership, and affiliates to manage multifamily investment opportunities from identification to closing.
• Impactful Work: As a Director, you’ll be at the forefront of acquiring new investment properties and contributing to the firm’s strategy to improve housing landscapes and community well-being.
• Competitive Compensation: Earn a competitive salary between $150,000 and $200,000, plus bonus potential.

Key Responsibilities:

• Identify Investment Opportunities: Utilize your extensive network and market expertise to identify multifamily affordable housing investment opportunities.
• Lead Acquisition Process: Manage the full acquisition process, ensuring that investments align with the firm’s goals, from identification through to stabilization.
• Financial Modeling & Underwriting: Collaborate with the team to develop accurate financial models, ensuring all acquisitions meet the company’s investment criteria and are supported by thorough market research.
• Due Diligence Mastery: Be the focal point of the due diligence process, overseeing property inspections, market analyses, and title/survey reviews to ensure investment viability.
• Strategic Capital Management: Work closely with senior leadership to identify optimal debt and equity strategies for financing.
• Post-Closing Performance: Oversee the performance of investments after the closing process to ensure they meet expectations.
• Build & Maintain Relationships: Coordinate with external partners, including property managers, legal counsel, and investors, to drive success in acquisition projects.

Qualifications:

• Experience: Minimum 7 years of experience in investment banking, private equity, CRE lending, or real estate investment, with a focus on multifamily properties.
• Education: Bachelor’s degree required; advanced degree in business, real estate finance, accounting, or law preferred.
• Real Estate Expertise: Deep knowledge of multifamily real estate, including expertise in LIHTC and Section 8 housing, as well as financial structures like DCF, NPV, IRR, and cap rates.
• Financial Acumen: Strong command of Excel-based financial modeling, including complex waterfall structures.
• Mission-Driven: A commitment to community-focused, mission-centric housing development.
• Strong Communication Skills: Excellent verbal and written communication skills, with the ability to synthesize complex information into actionable recommendations.

Compensation: up to $225,000 annually

Salary is based on a range of factors that include relevant experience, knowledge, skills, other job-related qualifications.