Manager, Post Closing
Location: Los Angeles, CA
Work Arrangement: Hybrid
Employment Type: Full-time
Requisition ID: JR103298
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 to 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, dedicated to ensuring our assets are aligned with high standards of excellence, including ongoing property improvements and elevated resident services.
Role Summary
We are seeking a Post Closing Manager to manage, facilitate, and coordinate administrative processes across all deals during the closing and construction phase to support our resyndication activities.
What You'll Do
Pre-development/Closing Phase
- Review and coordinate moving and relocation contracts between project and asset management teams for adequacy of scope and budget
- Coordinate Town Hall presentations to residents; attend Town Halls as appropriate
- Work with the PMCO to verify transfer of the project to the new legal entity
- Verify new partnership information is transferred within April Housing's record keeping systems
- Coordinate with Capital Markets team to ensure loan/bond information is entered into appropriate tracking systems
- Coordinate with Asset Management team and PMCO to arrange pest control inspections and determine needed pest remediation activities
- Interview prospective tenant relocation vendors; evaluate proposals and advise on vendor selection
Construction Phase
- Coordinate the resident relocation process between the relocation consultant and property managers, facilitating ad-hoc problem solving on tenant issues related to the renovation and resident relocation process between property management, asset management, compliance, and the relocation consultants
- Attend weekly OAC calls; as needed, facilitate further communication between contractors, property management companies, relocation consultants, and April Housing counterparties
- In coordination with relocation consultants, asset managers, and project managers, create residential onsite "hoteling plans" for select residents who cannot be temporarily relocated offsite
- Lead small team meetings focused on renovation of clubhouses
- Coordinate timing and strategy of lease-up against projected credit delivery to investor with compliance, project management, asset management, and property management teams
- Produce monthly update reports on construction and lease-up activity across resyndication, with assistance and data collected from FP&A, asset management, and project management teams
- Assist with coordination of final inspections of state agencies post rehab completion
Post Construction / Stabilization
- Support project managers, directors of construction, and compliance team to ensure all construction close-out documentation is obtained, filed, and where applicable, submitted to appropriate agencies
- Support Comms team for Grand Re-Opening and other events
- Ensure internal database captures Scope of Work completed and other relevant information
Ad Hoc / Non-Resyndication
- Collect and review due diligence as needed for other workstreams
Required Qualifications
- 4–6 years' experience in multi-family facilities management, asset management, property management, or a combination thereof
- Excellent interpersonal skills and ability to communicate with external and internal counterparts with a "customer service" mentality
- Strong writing skills
- Strong organizational skills
- Facility with Microsoft Office suite of products
- Ability to prepare effective presentations
- Ability to manage and prioritize simultaneous and competing activities while meeting deadlines
- Communicates Effectively: Listens effectively and confirms understanding when needed; cooperates effectively with teammates and provides and takes feedback with ease
- Drives Results: Works hard to ensure understanding of all critical performance targets; lines up personal and team performance to deliver results; accepts feedback and pivots activities and behaviors when needed to improve results
- Plans and Aligns: Understands plans communicated and asks for clarity when needed; provides input when plans require front-line input; makes an effort to ensure teammates are aligned on daily and weekly actions supporting the plan
- Manages Ambiguity: Carefully listens to the need for change or the need to wait for instruction in times of change; keeps moving daily and weekly tasks forward while waiting for any pivots to workstream
- Develops Talent/Professional Development: Works with leadership to execute individual development plans for self and others; makes time to become the best in their current role and to learn aspects of future potential roles
- Resilient: Stays abreast of results individually and for the team and reacts with persistence, especially when results are less than planned; keeps a positive attitude and entertains and develops ideas to enhance results
Preferred Qualifications
- Affordable housing exposure and experience
Compensation
$105,000–$110,000 annually. This represents the presently-anticipated low and high end of the Company's base compensation range for this position. Actual base compensation range may vary based on various factors, including but not limited to location and experience. This job is also eligible for discretionary bonus and incentive compensation on an annual basis.
Benefits
Health insurance coverage, retirement savings plan, paid holidays, and paid time off (PTO).
Additional Information
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 any other applicable city, county, or local ordinances. Good cause exists for a criminal background check because one of the material duties of this position requires access to sensitive financial information and confidential and proprietary information and accordingly requires the candidate to possess a high level of integrity and discretion. A criminal history that has a direct, adverse, and negative relationship with these material duties may potentially result in the withdrawal of a conditional offer of employment.
Equal Opportunity Statement
April Housing is an equal opportunity employer. In accordance with applicable law, we prohibit discrimination against any applicant, employee, or other covered person based on any legally recognized basis, including veteran status, uniformed servicemember status, race, color, caste, immigration status, religion, religious creed, sex, gender, gender expression, gender identity, marital status, sexual orientation, pregnancy, age, national origin or ancestry, citizenship, physical or mental disability, genetic information, protected leave status, domestic violence victim status, or any other consideration protected by federal, state, or local law. We are committed to providing reasonable accommodations.
