L+M Development Partners, an established residential developer/builder, has an exceptional opportunity for a Project Associate in our Manhattan office to support all analytical and operational aspects of development for residential/mixed use properties with a focus on affordable housing projects. Since its inception in 1984, L+M Development Partners, Inc. has been an innovator in developing quality affordable, mixed-income and market rate housing, while improving the neighborhoods in which it works.
The Office of Housing & Economic Development oversees many of the City’s capital, development, land use, and infrastructure agencies. A Senior Advisor for Real Estate will report to the Deputy Mayor for Housing & Economic Development and oversee key real estate and economic development agencies, commissions, and boards, including:
- New York City Economic Development Corporation
- Lower Manhattan Development Corporation
- New York City Education Construction Fund
In addition, the Senior Advisor will manage a number of critical initiatives, including oversight of the “NYCHA
2.0” real estate portfolio and master planning efforts.
The Office of Housing & Economic Development oversees many of the City’s capital, development and infrastructure agencies. The Senior Advisor to the Deputy Mayor for Housing & Economic Development will oversee a portfolio that includes the Department of Housing Preservation and Development (HPD) and the New York City Housing Development Corporation (HDC). The Senior Advisor’s portfolio will encompass topics including, but not limited to: housing preservation and development, real estate development and transactions, infrastructure planning, community development, and interagency coordination.
The Project Manager/Senior Project Manager is responsible for originating, underwriting, and closing mortgage loans to primarily finance the rehabilitation of New York City Housing Authority (NYCHA) units, using funds raised through bond issuances and/or allocations of corporate reserves. The Project Manager/Senior Project Manager may also close other affordable housing mortgages outside of the NYCHA preservation pipeline, subject to availability.
Enterprise is searching for a Director, Acquisitions to join its Conventional Equity team. The Conventional Equity team manages conventional real estate equity funds, through which Enterprise joint ventures with real estate operators to acquire, improve and create value in affordable, workforce and market rate multifamily real estate, nationally. The Director of Acquisitions will be part of a business team that is composed of a Vice President, Senior Director, Investment Manager, and Analysts. The Director of Acquisitions will lead business development efforts to forge and maintain relationships with joint venture real estate developers, acquirers, and operators, and work to identify potential multifamily acquisitions that meet the economic and social objectives, as well as underwriting guidelines and credit standards of Enterprise’s conventional equity real estate funds. Candidate must have a multifamily real estate acquisition and finance background, knowledge of joint-venture and real estate equity structures, and possess strong financial, analytical, management and interpersonal skills. We are a seeking a driven and experienced real estate professional with exceptional leadership skills who will prosper in a fast-paced, entrepreneurial atmosphere and is able to balance the financial and social mission goals of the business.
We are hiring for 1 position which can be located in either of the following markets: Portland, OR; Denver, CO; San Francisco, CA; Seattle, WA, New York, NY or Chicago IL. Click here for full posting.
The Vice President, Capital Originations will be responsible for raising new capital for our housing credit programs. The position will coordinate with originators, local market leaders and Investor Relations/Fund Development team members to develop and secure opportunities for new capital. The position will also refer capital raising opportunities to other Enterprise departments. The person may manage new multi-investor fund and proprietary fund investor relationships for the first year, before transitioning the relationship management to an Investor Relations/Fund Development relationship manager. This will include strategic planning of the investor’s annual investments, providing due diligence and general relationship management. The position will also coordinate with in-house and outside legal counsel and Investor Relations/Fund Development team members as well as various other Enterprise departments such as Asset Management and Syndication and local office directors.
We have 1 opening which is preferred to be located in New York, NY; Boston, MA, or Los Angeles, CA or any location for the right candidate. Click here for full posting.
Hudson Housing Capital is accepting applications for an Acquisitions Analyst position based in NYC. Potential applicants should have 2 plus years of experience in affordable housing finance using the Low Income Housing Tax Credit. Hudson Housing Capital is a New York City based tax credit syndicator committed to promoting and fostering the development of attractive affordable housing with high social impact.
- Assist and work with the Acquisitions Team on underwriting and closing equity investments in affordable housing transactions in NYC and nationwide.
- Collection and analysis of due diligence materials including sponsor financial statements and background reports, appraisals, project proformas, loan documents and other project documents.
- Preparation of the investment approval memo, including extensive credit narratives regarding the project, development team and financing structure. Candidates must have excellent writing skills and the ability to communicate complex ideas clearly.
- Modeling of transactions using an Excel-based pricing model. Candidates must exhibit proficiency with Excel and a strong interest in financial modeling, including tax accounting concepts.
- Interested applicants should email their cover letter and resume to Humanresources@hudsonhousing.com
The Department of Homeless Services (DHS) is one of the largest organizations of its kind committed to preventing and addressing homelessness in New York City. As it engages in this mission, DHS employs a variety of innovative strategies to help families and individuals successfully exit shelter and return to self-sufficiency as quickly as possible. The Division of Capacity Planning and Development is responsible for procuring new shelter development for single adults, adult families, and families with children. CPD collaborates closely with providers, landlords and developers in myriad phases of emergency,mid-term and long-term siting, as well as the procurement and contracting for new shelter locations.
CPD is currently looking to fill (1) position to function as a Real Estate Manager. Under guidance from the Assistant Commissioner for Purpose Built Shelter.
The New York City office of the Local Initiatives Support Corporation (LISC NYC) seeks a professional to fill the position of community Development Officer for Housing to conduct lending in New York City’s five boroughs. This position reports to the LISC NYC Director of Lending. The local New York City program, LISC NYC, works with nonprofit, community-based organizations to develop affordable housing, commercial enterprises and community facilities. Since its founding in 1979, LISC NYC has invested over $2.7 billion, leveraging an additional $6 billion in low-income communities. This has resulted in nearly 40,000 affordable homes built and preserved as well as 1.8 million square feet of retail and community space created. We also invest in health, economic development, financial well-being and environmental sustainability so that the communities our partners serve are good places to live, work, do business and raise children.
Poised for transformational change and to continue building the right real estate portfolio, assets and team for an evolving, growing and diverse organization, AAFE seeks a seasoned, hands-on Director of Real Estate Development with significant experience underwriting affordable housing and in securing federal, state and local financing (preference will be given to applicants who have experience in the New York State and local real estate and financing programs). The successful candidate will lead public/private partnerships and complex affordable housing projects from the initiation phase through to completion. He/she will design, implement and manage an extensive real estate portfolio and assets (including management of underwriting and funding relationships, processes and sources) and leading a high-performing team of real estate and banking professionals responsible for multiple programs and services. These include: affordable housing and commercial development projects, property management and tenant services and housing policy and advocacy. He/she will work with AAFE’s two Co-Executive Directors and Board of Directors, senior leadership team and real estate team to drive the organization’s mission, vision, values and culture to implement ambitious strategic goals and new business models to maximize AAFE’s impact in the communities it serves. As AAFE’s new, experienced, Director of Real Estate, he/she will work with the Co-Executive Directors, senior leadership team and real estate development staff , to foster a strong, unified organization characterized by mission-driven investments in people and place; one that requires collegiality and cross-functional teamwork.