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Related Companies · 14 hours ago

Associate, Affordable Acquisitions & Development

New York, NY

Full-time

Onsite

Entry, Mid Level

$120K/yr - $150K/yr

2+ years exp

Related Companies is a leading privately-owned real estate firm in the United States, focused on affordable housing acquisitions and development. The Associate will be responsible for financial analysis, site acquisition, and community engagement, while supporting the Deal Team Leader in various aspects of affordable housing projects.

Commercial Real EstateConstructionProperty DevelopmentReal EstateRentalSales

Responsibilities

Support the Deal Team Leader in all aspects of affordable housing acquisitions, financing, and development

Complete financial modeling and facilitate presentations with a focus on property valuation using a range of capital structures and financing tools unique to affordable housing

Compile and review due diligence information including financial, market, demographic, site, federal, and state regulatory data

Validate and defend budgets, assumptions, and pro-forma analysis, including the identification of challenges inherent to a given project

Communicate with investors, lenders, brokers, property managers, and industry consultants

Draft and complete applications and documentation necessary for debt and equity financing, property purchase and sale, government subsidies, and rental contract maintenance

Engage in community and resident outreach initiatives to tailor property improvements and services to meet the needs of neighborhoods and residents

Engage with internal Deal, Construction, Community Engagement, and Portfolio, Asset, and Property Management teams to ensure wholistic measures of success are executed in each deal

Manage workflow and task completion across various teams and departments

Lead select internal presentations to Senior Related Affordable Leadership

Qualification

Financial modelingAffordable housing financeProject managementMicrosoft ExcelFinancial analysisCommunication skillsProblem-solving skillsWriting skillsTime managementOrganizational skills

Required

A Bachelor's degree required; MBA, Master of Public Policy or MRED

2 - 5 years of professional experience, preferably in a banking or real estate environment, or equivalent coursework

Ideal candidate will have experience with LIHTC and/or affordable housing finance

Adept at financial analysis with robust quantitative and modeling skills

Proficient in the standard suite of office applications and advanced proficiency in Microsoft Excel

An understanding of the principles of finance and accounting

Flexibility to travel and work outside standard business hours as needed

Benefits

Discretionary bonus incentives

Comprehensive benefits package

Company

Related Companies

Glassdoor3.3

Related Companies is a global real estate and lifestyle company defined by innovation and the most prominent privately-owned real estate firm in the United States.

Founded in 1972

New York, New York, USA

1001-5000 employees