Acquisition Project Manager – Orange County CA

responsible for identifying a pipeline of development and acquisition projects for the growth of our affordable housing portfolio. Accountable for the full development lifecycle from site identification and acquisition through due diligence, closing, construction, and handover to the asset management team.

Identify viable real estate to develop or acquire projects. Research various quantitative data to support a new investment.

Prepare and manage financial pro formas to ensure financial validity of prospective projects and performance of active projects.

Responsible for procuring and facilitating all debt, equity, and other resources to ensure the financial feasibility of each project. Identify and engage municipal officials and strategic local partners to ensure project support.

Manage selected consultants to coordinate due diligence. Coordinate review and comment on due diligence with legal counsel. Prepare pre-development budget and obtain approval from management team.

Negotiate Letter of Intent and make a recommendation(s) to the President, Vice-President of Project Development, and COO to determine terms of the transaction.

Lead and manage all phases of architectural and engineering design.

Manage project timeline of all tasks and deadlines for each project, including, but not limited to, zoning, due diligence reports, economic incentives, architectural and design submittals, and financing. Attend municipal hearings/coordinate RFQ/RFP responses.

Requirements:

Public and private housing finance programs, including HUD, HOME, Section 8 programs, low-income housing tax credits, and IRS Section 42.

BS/BA in business administration, economics, finance, or real estate.

A master’s degree is a plus.

5+ years of relevant real estate development experience managing full-cycle processes associated with affordable housing.

Who do you know?

So, you’ve been using the power of YES to reach out to people. That’s positive networking and it is key to finding a new job. It’s all about who you know. How many applications have you sent into companies with no response? Some people have sent 100’s. You must get in front of the hiring managers and LinkedIn is a great place to do that. How to find more people to connect to?

1. Research companies within a commutable radius of your home.

2. Find the hiring managers at those companies and send them a connect. Most people are nice and will accept a connection.

3. Follow up with a quick elevator pitch about you.

This may not always work, but it’s a quicker way to get in front of the Manager/Director/VP than going through their application process.