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Chavezfoundation

Senior Acquisition Manager

Chavezfoundation, Los Angeles, California, United States, 90079

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The Senior Acquisitions Manager is responsible for identifying and securing new real estate development opportunities across CCF’s target geographies. This role focuses on sourcing acquisition targets, conducting financial analysis and feasibility, managing early-stage due diligence, and engaging public agencies to secure funding and approvals. Reporting to the Executive Vice President of Real Estate and work alongside the Director of Real Estate. The Associate collaborates with internal departments including construction, finance, and legal to ensure successful transitions from acquisition to predevelopment.

Responsibilities

Deal Sourcing & Opportunity Identification: Identify acquisition targets, including vacant land, underutilized properties, or existing assets suitable for redevelopment. Maintain a consistent pipeline of potential projects aligned with organizational goals.

Site Control & Transaction Management: Negotiate and execute LOIs, PSAs, Ground Lease Options, and other acquisition-related documents that meet the requirements of tax credit agencies and other funding programs to meet site control requirements. Oversee the due diligence and escrow process through to acquisition close.

Feasibility & Financial Analysis: Prepare and maintain project proformas to evaluate financial feasibility. Analyze zoning, land use, and entitlement feasibility in coordination with internal and external consultants.

Agency Engagement & Funding Strategy: Establish and maintain relationships with local and state agencies to evaluate project eligibility for public funding programs. Support application efforts for tax credits, bond financing, and other competitive resources. Attend city council and other public meetings as needed to communicate the vision and details of projects and the organization.

Cross-Functional Coordination: Work with construction, legal, accounting, and development teams to ensure early project assumptions align with physical site constraints, design goals, and funding requirements.

RFP/RFQ & Proposal Development: Assist in the preparation of responses to Requests for Proposals and Requests for Qualifications, as well as unsolicited site acquisition proposals.

Experience

Demonstrated ability to identify, evaluate, and close complex acquisition opportunities for affordable or mixed-income housing.

Familiarity with real estate due diligence, including title, environmental review, zoning, and entitlement analysis.

Experience preparing and reviewing financial models and proformas to inform acquisition decisions.

Knowledge of affordable housing programs, including LIHTC, tax-exempt bonds, and federal/state/local housing finance agency programs.

Proven capacity to communicate effectively with brokers, lenders, public officials, and community stakeholders.

Strong understanding of public agency expectations and deal structuring for publicly funded real estate development.

Skills

Proficiency in Excel-based financial modeling and feasibility analysis.

Excellent written and verbal communication skills.

Ability to manage multiple deadlines and shifting priorities.

Detail-oriented, proactive, and highly organized.

Collaborative team member with the ability to work independently and across departments.

Education/Qualifications

Bachelor’s degree in Real Estate, Urban Planning, Public Policy, Finance, or a related field.

Master’s degree (e.g., MRED, MBA, or similar) strongly preferred and may be considered in determining base salary.

Minimum Requirements

5-7 years of progressive experience in affordable housing, community development, or real estate finance.

Direct experience working with public sector funding programs and/or LIHTC transactions.

Proficiency in Microsoft Excel, including complex financial modeling and analysis.

Experience with Yardi, or similar real estate software, preferred; GIS/mapping tools a plus.

Ability to manage competing deadlines, work independently, and lead interdepartmental coordination.

Strong written and verbal communication skills with the ability to convey complex financial concepts clearly.

Preferred Requirements

Extensive experience structuring and closing affordable housing transactions using LIHTC, tax-exempt bonds, conventional multifamily financing, and public agency funding programs.

Strong understanding of affordable housing operating expenses, financial underwriting, and deal negotiation strategies.

Demonstrated ability to manage multiple complex projects under tight deadlines with minimal supervision.

Proven experience in preparing and managing development budgets, and submitting competitive grant or public funding applications.

Ability to thrive in a fast-paced, collaborative, and deadline-driven environment.

Track record of leading teams and driving improvements in financial modeling, underwriting processes, and workflow efficiencies.

Pay Range: $150-$170 Annually

Equal Opportunity Employer, including disabled and veterans.

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