Senior Acquisitions Manager, National Trust Community Investment Corporation
Posted November 4, 2009
Position Details | |
|---|---|
| Type | Full Time |
| Offered By | National Trust Community Investment Corporation (a for-profit subsidiary of the National Trust) Flexible location; most work will be in Midwest , |
| Salary | Exempt |
| For More Information | 44026-CS-815@nthp.hrmdirect.com |
Perform marketing and acquisition activities for the National Trust Community Investment Corporation (NTCIC). Develop pipeline, structure investments, and underwrite/close equity investments for the Fund to include equity investments in residential, commercial and mixed-use historic rehabilitation projects.
NTCIC makes equity investments in real estate projects that qualify for federal and state historic and New Markets Tax Credits. NTCIC works with a wide variety of property owners including for-profit developers, nonprofit organizations and local governments. Its focus is on projects that have a high economic impact on the surrounding community. NTCIC is a wholly owned for-profit subsidiary of the National Trust for Historic Preservation, the leading nonprofit advocate for historic preservation in the United States.
The acquisitions work of this position will be primarily focused in the Midwest Region. Ability to work from a home office in the midwest is ideal, but the location of this job is flexible.
Duties
Act as primary relationship manager for investments. Evaluate investment opportunities, originate transactions, develop pipeline, underwrite projects, prepare and present Approval Memoranda for investors and internal Investment Committee, negotiate terms of term sheets, letters of intent and final equity documents. Oversee closing process and transition project to asset management group.
Qualifications
At least 10 years of senior level experience in complex urban subsidized housing and commercial real estate finance. Prior experience working with tax credits, governmental agencies, nonprofit groups and for profit developers required.
Strong financial analysis, spreadsheet (Excel) and negotiating experience required. Expertise in legal, tax, and accounting aspects of historic and new markets tax credits, the master tenant ownership structure and the historic tax credit certification process preferred.
Excellent communication skills, including written and oral presentations and public speaking preferred.
How to Apply
To apply, please include your cover letter in the body of a message and email your resume as a Word, PDF or Text attachment to 44026-CS-815@nthp.hrmdirect.com
