Revantage

Sr. Analyst / Associate - Investments (Preservation)

Job Locations US-CA-Los Angeles
Job Post Information* : Posted Date 2 weeks ago(4/16/2024 1:57 PM)
ID
2024-6391
# of Openings
1
Category
Resyndication

Overview

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 $120,000- $140,000. This position is also eligible for discretionary bonus on an annual basis. Actual base salary range may vary based on various factors, including but not limited to location and experience.

Responsibilities

The Senior Analyst/Associate- will be part of the team focused on providing underwriting, structuring, closing and integration of new, strategic real estate investment opportunities and strategizing the existing portfolio. 

 

What you will do:

  • Analyze a constant flow of affordable housing investment opportunities in partnership with leadership.
  • Produce best in class underwriting deliverables, and with extreme precision, project complex cash flow, capital structure, IRR and NPV quantitative data for analysis.
  • Create presentations and prepare analysis/memoranda and recommendations to leadership. Conduct market research for existing portfolio projects.
  • Provide support in resyndication transactions nationwide.
  • Maintain the firm’s potential resyndication/ pipeline and participate in weekly pipeline meetings.
  • Assist the underwriting process, working with third parties, legal, and capital partners.
  • Assist underwriting in new LIHTC equity originations

Qualifications

What you should have:

  • BS/BA undergraduate degree required.  Major in finance, economics and/or other business-related discipline preferred. 
  • Minimum 2-4 years of commercial real estate transaction experience. LIHTC specific experience preferred. Previous exposure to complex deal structuring; preferably in a private equity/institutional type platform.
  • Proven track record of successful commercial real estate investment opportunities. Experience analyzing/underwriting and structuring complex joint venture/partnership deals.
  • Exceptional aptitude and understanding of core and value add asset acquisition/investment opportunities.
  • Strong oral and written communication skills.  Innate ability to develop positive relationships and ability to communicate effectively with audiences at all different levels of experience.
  • Exceptionally strong financial/analytical skills including Excel and PowerPoint.
  • Experience working in a fast-paced, entrepreneurial environment with conflicting priorities and multiple stakeholders.
  • Strong collaboration skills with a goal orientation attitude.  Genuine desire to persuade and drive consensus.

EEO Statement

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 talent@revantage.com.

 

#LI-AM1 #LI-Hybrid

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