The Director, Acquisitions, will originate, structure, and negotiate tax credit investments that are consistent with Berkadia Affordable Tax Credit Solutions' objectives and investor demand. This person will identify potential complex LIHTC issues and negotiate business terms with clients..
Working as a team, identify developers with prospective LIHTC transactions, targeting specifically where investor needs are located nationwide, and originate new business product.
Work closely with Acquisitions, Underwriting, Investor Relations, Asset Management, Fund Management, Accounting, and senior leadership in successfully acquiring new LIHTC transactions.
Have and maintain a high level of proficiency in utilizing the Berkadia Affordable Housing tax credit model.
Have and maintain a high level of understanding of the Berkadia Affordable Housing Policies and Procedures, underwriting policies, industry standards, and LIHTC investor needs.
Have and maintain knowledge of complex real estate underwriting, tax and LIHTC requirements.
Promote the Berkadia Affordable Tax Credit Solutions brand through online and in person efforts by attending and speaking on panels at industry conferences (national, regional, and state) and other networking events throughout the year.
Establish and maintain relationships with tax credit developers, investors, lenders, attorneys, accountants, and consultants through frequent communication and in person meetings.
This position requires travel.
Other duties as assigned.
What it takes to be successful in this role
Seven to ten years prior experience in a similar position.
Outstanding attention to detail.
Possess a high sense of customer engagement and the proven ability to build relationships with both internal and external clients.
Strong organizational skills and ability to multitask.
Possess strong written and verbal communications skills and the ability to interact with all levels of an organization, including senior executives.
Confident and effective collaborator.
Ability to thrive in a dynamic and growing environment.
Berkadia, a joint venture of Berkshire Hathaway and Jefferies Financial Group, is a leader in the commercial real estate industry, offering a robust suite of services to our multifamily and commercial property clients. Powered by deep relationships and industry-changing technology, our people sell, finance, and service commercial real estate, providing support for the entire life cycle of our clients' assets. Our unique ownership structure allows us to put the client's interests first and creates a marketplace that delivers a superior experience.
Applicants who require accommodations to participate in the interview process should contact the Talent Acquisition Team to arrange for such accommodations by emailing: Talent.Acquisition@Berkadia.com
Berkadia does not share salary ranges in its job postings. Any salary-related information you see posted externally has not been provided or verified by Berkadia and may not be accurate.
Berkadia is an equal opportunity employer and affords equal opportunity to all applicants and employees for all positions without regard to race, color, religion, gender, national origin, age, disability, veteran status or any other status protected under local, state or federal laws.
Berkadia is a leader in the commercial real estate industry, offering a robust suite of services to our multifamily and commercial property clients. Powered by deep relationships and industry-changing technology, our people sell, finance, and service commercial real estate, providing support for the entire life cycle of our clients’ assets. Our unique ownership structure allows us to put our clients’ interests first and create a marketplace that delivers a superior experience.