Associate, Affordable Housing Acquisitions Job at TIAA, Newport Beach, CA

NWtrZjdBRkQ2bXgyVGhwMmVpbzVERWdo
  • TIAA
  • Newport Beach, CA

Job Description

Associate, Affordable Housing Acquisitions Pay $98,900 / year Location Newport Beach, California Employment type Full-Time Job Description Associate will report to the Head of Impact Investing and support a lead transaction officer in evaluating and executing on affordable housing real estate transactions. The role focuses on LIHTC, PBS8, and self-restricted workforce deals across the U.S., supporting both acquisitions and dispositions with financial modeling, research, analysis, investment memorandums, and stakeholder communication. Key Responsibilities and Duties Independently analyze, underwrite, bid, conduct due diligence, and close affordable housing preservation real estate investments across U.S. markets, focusing on Capital A opportunities and expiring LIHTC and PBS8 deals. Evaluate affordable investments and returns using discounted cash flows, return on cost, development spreads, and third‑party leverage. Form and strengthen internal asset management relationships to transition new affordable acquisitions and position assets for sale. Develop external relationships with key market participants, including the affordable brokerage community, owners, and lenders. Coordinate and oversee the due diligence process for acquisitions. Work with transaction officers to execute the investment strategy based on client investment strategies. Draft investment memorandums for internal committees, including the Senior Leadership Team and Investment Committee. Educational Requirements University (Degree) Preferred Work Experience 2+ Years Required; 3+ Years Preferred Physical Requirements Sedentary Work Required Qualifications 2+ Years of commercial real estate (CRE) experience Preferred Qualifications 3+ Years of commercial real estate (CRE) experience BA or BS Affordable housing experience Financial modeling experience in Excel Knowledge of commercial real estate, economics, finance, valuation, financing, accounting, and legal structures. Demonstrated ability to operate independently. Strong written skills that are directed to internal and external clients. Ability to operate in a fast‑paced team environment and manage deadlines. Equal Opportunity We are an Equal Opportunity Employer. TIAA does not discriminate against any candidate or employee on the basis of age, race, color, national origin, sex, religion, veteran status, disability, sexual orientation, gender identity, or any other legally protected status. #J-18808-Ljbffr TIAA

Job Tags

Full time, Work experience placement,

Similar Jobs

Adventist Health

CT Technologist - $47-70 per hour Job at Adventist Health

 ...~3D mammography ~ Bone densitometry (DEXA) scan ~ Computed tomography CT scanning ~ X-Ray ~ Magnetic resonance imaging (MRI)~ Nuclear medicine imaging ~ General ultrasound or sonogram ~ Echocardiography ~ Cardiopulmonary Job Summary: Operates... 

Gifted Healthcare

Travel Nurse RN - SICU - Surgical Intensive Care - $2,016 per week Job at Gifted Healthcare

 ...Gifted Healthcare is seeking a travel nurse RN SICU - Surgical Intensive Care for a travel nursing job in Hammond, Louisiana. Job Description...  ...Per Diem, Government, and School-Based assignments as well as Interim Leadership services at premier facilities across the United... 

CoxHealth

EVS Technician - Environmental Services - Cox Monett Hospital Job at CoxHealth

Summary About Us CoxHealth is a leading healthcare system serving 25 counties across southwest Missouri and northern Arkansas. The organization includes six hospitals, 5 ERs, and over 80 clinics. CoxHealth has earned the following honors for workplace excellence...

Partners in Dental Care

Dental Hygienist Job at Partners in Dental Care

 ...Dental Hygienist $2000 Sign-On Bonus! Large dental practice is seeking an energetic dynamo to join our amazing Dental Hygienist Team! Partners in Dental Care, located in Forest Hills, is searching for an experienced full-time Registered Dental Hygienist to join... 

Group 1 Automotive

Automotive Fixed Operations Director - Mercedes-Benz of Buckhead Job at Group 1 Automotive

Overview Mercedes-Benz of BuckheadCONSIDER A CAREER WITH US! |WE ARE HIRING!Mercedes-Benz of Buckhead is part of the fast-growing Group 1 Automotive, a leader in automotive retail, and customer service.Exciting growth is happening at our dealership! We are looking for...