Associate, Transactions

April Housing • Full-time • Los Angeles, CA • $115k - $125k / year • 2m ago

Associate, Transactions

Los Angeles, CA

Requisition ID: JR102833

About the Employer

April Housing is a leading owner and operator of high‑quality affordable housing across the United States. Founded in 2022 and headquartered in Los Angeles, we are a portfolio company of Blackstone Real Estate, supporting the affordable housing and LIHTC (Low-Income Housing Tax Credit) portfolio. Our mission is clear: preserve critical affordable housing stock while delivering exceptional management and high‑quality homes to the communities we serve. We are committed to being a fair, transparent, and responsible owner.

Backed by Blackstone Real Estate enabling us to invest in the creation and preservation of affordable housing for the long run. We are making a bold commitment to preserving affordable housing across the country. April Housing is dedicated to ensuring our assets aligned with high standards of excellence, including ongoing property improvements and elevated resident services

Role Summary

April Housing is seeking an Associate to support the execution of real estate transactions across Acquisitions, Dispositions, and Capital Markets workstreams. This role manages the full transaction lifecycle—from diligence through closing—while coordinating internal stakeholders, third-party consultants, and external counterparties, including property management companies and brokers.

The role is also responsible for creating and maintaining transaction information and files across systems such as DealPath, SharePoint, and PropertyHub.

What You’ll Do

I. Due Diligence

Prepare and maintain comprehensive due diligence packages, ensuring all required financial, legal, and operational materials are collected and organised in a timely manner
Pull property-level financials, including rent rolls, operating statements, and accounts receivable reports
Request and/or complete key legal documents with internal counsel and Deal Leads, including organisational charts, Certificates of Formation, Partnership Operating Agreements, 6460’s/1115’s, 1116’s/SREO, and credit authorisations
Obtain operational documentation such as certificates, permits, insurance, utility information, and service contracts from property and asset managers
Distribute responses to Requests for Information (RFIs) to buyers, brokers, and lenders under the direction of the Deal Lead

Analysis

Prepare title review summaries highlighting lien releases, encumbrances, and easement details
Abstract key agreements, leases, service contracts, and regulatory restrictions
Track and summarise capex planning data, lien status, and compliance certificates
Track and summarise property financial performance throughout the deal cycle

Issue Resolution

Proactively identify, monitor, and resolve key risks and critical path items
Work closely with Deal Leads to communicate progress to counterparties

II. Closing Mechanics

Coordinate payoff requests, taxes, prorations, utilities, lien releases, and settlement statement preparation
Obtain payoff letters, invoices, and updated closing documents from property managers, counsel, and lenders
Maintain the master closing checklist, ensuring all financial and operational deliverables are accurately tracked
Identify and manage critical path items to meet key closing timeline dates
Participate in closing calls, take notes, and distribute updates to relevant stakeholders

III. Post-Closing Reconciliation

Track wire confirmations, closing statements, and final settlement documents
Update and maintain closing folders with executed documents
Follow up on outstanding post-closing items such as PMCO fund releases, escrow true-ups, and insurance cancellations

IV. Pipeline Management

Organise and lead transaction meetings for all stakeholders
Update deal status within DealPath
Update deal trackers, including consents and third-party reports, with status, key dates, and critical path items

Required Qualifications

Bachelor’s degree in Finance, Accounting, Real Estate, or a related field
2–4 years of experience in real estate transaction support or in title or paralegal fields
Strong attention to detail and familiarity with real estate transaction processes
Experience with data and records management
Proficiency with Microsoft Excel, SharePoint, Box, and property management financial reporting platforms such as Yardi, ResMan, and RealPage
Experience reviewing title reports and creating settlement statements
Strong organisational and records management skills
Excellent written and verbal communication skills in English

Preferred Qualifications

Familiarity with LIHTC and affordable housing

Required Criteria

Qualified applicants with arrest or conviction records will be considered for employment in accordance with the Los Angeles County Fair Chance Ordinance for Employers, the California Fair Chance Act, and other applicable local ordinances.

A criminal background check is required due to the role’s access to sensitive financial and confidential information. A criminal history that has a direct and adverse relationship with these duties may result in the withdrawal of a conditional offer.

Compensation & Benefits

Base Compensation Range

$115,000.00 to $125,000.00 annually. Actual compensation may vary based on location, experience, and other factors.

Additional Compensation

Eligible for discretionary bonus and incentive compensation on an annual basis.

Benefits

The company offers a variety of benefits, including health insurance coverage, a retirement savings plan, paid holidays, and paid time off (PTO). Benefits and compensation are subject to the terms and conditions of applicable plans and policies.

Equal Opportunity Statement

April Housing is an equal opportunity employer. In accordance with applicable law, the company prohibits discrimination against any applicant or employee based on any legally recognised basis. April Housing is committed to providing reasonable accommodations. Applicants needing an accommodation may contact talent@revantage.com.

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