Acquisitions Analyst
Location: Raleigh, NC
Work Arrangement: Hybrid
About the Employer
CAHEC is a non-profit community investment organization based in Raleigh, NC, dedicated to expanding access to affordable housing and creating life-changing opportunities across the Southeast and Mid-Atlantic. Our work spans housing tax credit investments, loan programs, affordable housing development, property management services, and wellness and education initiatives for residents. Guided by a vision of thriving, vibrant communities, we strengthen neighborhoods through collaborative partnerships, innovative investments, and supportive services.
Role Summary
The Acquisitions Analyst will analyze, evaluate, structure, and formulate recommendations regarding investment in complex real estate transactions. The position provides professional and technical support to Acquisitions & Risk Management by preparing financial models, populating documents with model data, and managing and coordinating the distribution of data.
What You'll Do
- Collect and interpret relevant data to prepare financial models for multi-family housing development participating in the Low Income Housing Tax Credit (LIHTC) program
- Create models using existing templates and develop special purpose spreadsheets to analyze sensitivities related to yield, investment risk, and other economic considerations
- Assist in the preparation of term sheets, commitment letters, and other screening reports using data derived from models and custom created spreadsheets
- Support internal staff in the preparation of investment reports by preparing key analytics and underwriting summaries derived from models
- Coordinate with internal staff on best sources of data for new models and ensure that current data is uploaded and shared in a timely manner
Required Qualifications
- Bachelor's degree in planning, math, finance, business, accounting, economics, or related field; or an equivalent combination of education and comparable work experience
- Minimum one (1) year of progressively responsible work experience in finance, data analysis, or investment modeling; or relevant education and training
- General knowledge of commercial real estate development, construction, corporate structuring, taxation, property management, and the Low Income Housing Tax Credit Program (Section 42 of the IRC)
- Proven ability to analyze and develop complex financial models in MS Excel
- Ability to manage multiple, current priorities and easily adapt to changing priorities
- Ability to think analytically to develop and recommend effective solutions
- Excellent interpersonal and communication skills (written and verbal)
- Ability to foster effective working relationships with peers
Physical Requirements & Working Conditions
This position is based out of CAHEC's corporate office in Raleigh, NC and requires a minimum of three days per week working in the Raleigh office. Travel, typically by either commercial airline or automobile, is required for at least 10% of this position. Certain objectives require working on-site at various locations, such as potential investments and properties in CAHEC's investment portfolio, and some professional training and networking opportunities may also require travel.
How to Apply
For more information and how to apply, please visit www.cahec.com.
Equal Opportunity Statement
CAHEC is an equal-opportunity employer that offers a competitive compensation package commensurate on experience, education, and level of responsibility, as well as a very competitive benefits package.
