April Housing is a leading owner and operator of high-quality affordable housing throughout the United States. Founded in 2022 and headquartered in Los Angeles, April Housing is the asset management business that oversees Blackstone's affordable housing and LIHTC portfolio. April oversees a portfolio of over 85,000 affordable housing units in approximately 650 communities. April Housing seeks to preserve critical affordable housing stock while providing best in class management and high-quality housing. April is committed to being a fair, transparent, and responsible owner.
April Housing’s long-term commitment to owning affordable housing is supported by Blackstone Funds, predominantly BREIT, a non-listed REIT. This perpetual capital vehicle provides April with a patient and flexible source of capital and plays a critical role in enabling the creation and preservation of more affordable housing. In addition to managing a growing portfolio, April Housing will ensure assets in the existing portfolio remain affordable and in compliance with all rent regulations while making significant improvements and aligning the operations with April Housing's Standards of Excellence in Residential Operations.
In its pursuit of excellence, April Housing is looking for individuals who share in its mission to provide high-quality housing to affordable residents.
As of the date on which this job advertisement is posted, the Company anticipates that the base salary range for this role is $220,000-$250,000, with a 40-50% bonus target. Total direct compensation may also include discretionary bonus and/or incentive compensation. Actual base salary range may vary based on various factors, including but not limited to location and experience.
Reporting to the Managing Director of Portfolio Transactions, the VP, Head of Transaction Management is responsible for ensuring all transactions are undertaken with a high level of rigor and thoughtfulness. This role oversees the Transactions Management team and thus is accountable for all transactions for the company. This includes managing the contract negotiation process and coordinating with legal, financial, brokers, consultants and other professionals to ensure all transactions are completed on time and within budget. This role is also responsible for the oversight, development and implementation of new transaction management processes and procedures. As the Head of Transactions Management, the position will have oversight over all relevant technologies and must report to senior management on transaction status.
Essential Duties and Responsibilities
Candidate Qualifications and Experience
The successful candidate must have a Bachelor’s degree; an MBA or other graduate degree is helpful, but not required. This person will bring at least ten years of experience in real estate closing coordination, finance, investment, and underwriting with a deep understanding of affordable housing and the tax credit industry.
Specifically, candidates for this position should have the following career experience:
The Company is an equal opportunity employer. In accordance with applicable law, we prohibit discrimination against any applicant, employee, or other covered person based on any legally recognized basis, including, but not limited to: veteran status, uniformed servicemember status, race, color, caste, immigration status, religion, religious creed (including religious dress and grooming practices), sex, gender, gender expression, gender identity, marital status, sexual orientation, pregnancy (including childbirth, lactation or related medical conditions), age, national origin or ancestry, citizenship, physical or mental disability, genetic information (including testing and characteristics), protected leave status, domestic violence victim status, or any other consideration protected by federal, state or local law. We are committed to providing reasonable accommodations, if you need an accommodation to complete the application process, please email firstname.lastname@example.org.