Summary

 

The Associate will support the evaluation and assessment of potential real estate acquisitions and development of multi-family affordable housing. The candidate should be able to evaluate and assess potential development and stabilized acquisitions including market research, underwriting, closing and transaction management. 

 

This individual should have the desire to be a part of a rapidly growing non-profit organization with upward mobility, and work within a team of other highly motivated individuals.

 

Responsibilities

Acquisitions / Development:

Support the evaluation, and assessment of potential real estate acquisitions and development opportunities throughout BRIDGE’s footprint in CA, OR and WA.Support the underwriting and due diligence for each transaction including financial modeling, market surveys, broker interviews, interaction with property management personnel, and local government officials.Effectively and efficiently manage real estate and finance transactions including site and property acquisitions, and financial closings.Manage due diligence information including financial, market, site, and regulatory data.Working with the Business Development team assist and support responses to Request for Proposals and Surplus Land Act notifications. Research public agency funding availability for development site selection.Working with the Business Development team identify potential development sites in WA, OR and CA.

 

Financial/Legal/Administrative

Provide analysis that will inform the organization’s investment decisions.Support the evaluation of cash flow waterfalls; identify and coordinate with capital markets group for all debt, equity and soft sources of finance to ensure feasibility.Work with legal counsel in the preparation of purchase and sale agreements, partnership agreements and related legal documentation necessary to complete transactions.Support the preparation and presentation of Internal Committee presentations for all acquisitions.

 

Qualifications

Two to four years of experience in a relevant fieldKnowledge of affordable housing finance desirableExperience working with internal and external stakeholdersEffective prioritization and organization skillsAbility to work in a highly deadline-driven environmentExcellent communication skills

 

Requirements

Strong academic background with Bachelor’ Degree or equivalent degree in multi-family real estate acquisitions, business, real estate, architecture, planning, or finance; advanced degree preferred.Real estate development experience with emphasis on affordable and mixed-income housing.Excellent problem solving and creative skills with the ability to exercise sound judgment to make decisions based on accurate and timely informationStrong quantitative, financial analysis and modeling (Excel) skills.Strong sense of urgency and detail with results-driven orientation.Strong project management skills and follow-through.Exceptional research, writing abilities written and verbal communications skills.

Working Conditions

This will be in office/remote hybrid, and at property sites with some travel required.

 

Physical Requirements

*Sitting, standing, walking, talking, hearing, and repetitive motions

*Move, lift, carry, push, pull, and place objects weighing less than or equal to 25 pounds without assistance

 

Pursuant to the San Francisco Fair Chance Ordinance, we will consider for employment qualified applicants with arrest and conviction records. BRIDGE Housing is an Equal Opportunity Employer committed to fostering an inclusive environment for our diverse workforce. We do not discriminate on the basis of race, religion, color, national origin, gender identity, sexual orientation, age, marital status, veteran status, or disability.