Abode Communities is a regional non-profit architectural, real estate development and property management firm.

Our first-in-class business development team works to identify, research and analyze new opportunities for the organization to bring its high-quality standard of housing to underserved communities throughout California.

We have proven success in developing award-winning development plans with competitive financing structures; negotiating the purchase of underutilized land; acquiring existing affordable housing with and without expiring affordability covenants; collaborating with unlikely land owners to devise mutually-beneficial joint development plans; and providing turn-key development services for affordable housing owners that require technical expertise to bring new capital and related improvements to aging buildings.

Under the direction of the Vice President, Business Development, the Senior Acquisitions Manager will have primary responsibility for the full range of business development activities for identifying and securing housing and community development projects and new initiatives on behalf of Abode Communities. The position will support the Vice President, Business Development in analyzing and evaluating property needs and opportunities and coordinating with multiple departments including Architecture, Development, Finance, and Property Management.

This position is located in Los Angeles with the potential to work remotely from San Diego or the Bay Area.

Specific Responsibilities

▪   Identify and secure new affordable housing and community development opportunities that are consistent with the organization’s mission, strategic plan, and production goals, with emphasis on expansion into new geographic markets.

▪   Complete initial development concept and financial feasibility analysis for a variety of deal opportunities including new construction, acquisition/rehabilitation, and preservation.

▪   Conduct preliminary site due diligence; work with architect to define building program and design; work with architect or contractor to develop preliminary scope of work for rehabilitation projects; coordinate project hand off to Development and/or Portfolio Management staff.

▪   Identify acquisition and predevelopment financing; and, in some cases, secure acquisition and predevelopment loans and manage the loan closing process.

▪   Prepare development proposals and statements of qualification in response to Request for Proposals (RFPs) and Request for Qualifications (RFQs). Work collaboratively with other functional departments and outside consultants to gather necessary information to complete RFPs/RFQs. Manage the interview and selection process.

▪   Participate in the Business Development Team - which consists of the President & CEO, Executive Vice President & COO, the Senior Vice President, Development and the Vice President, Business Development - to identify acquisition opportunities, complete development programs, develop project acquisition and funding opportunities, and complete feasibility analyses of new development projects.

▪   A bachelor’s degree and seven years of experience in urban planning, business or real estate/housing development or finance, or a graduate degree in a related field and five years’ experience in housing development, real estate development, urban planning, business, finance or a related field.

▪   Experience in sourcing, structuring and negotiating property acquisitions, preferably with affordable housing transactions, which include public subsidies, low income housing tax credits, and tax exempt bonds.

▪   Knowledge of key aspects of real estate development and finance, land use and entitlement, property due diligence and acquisition, and site planning and design. 

▪   Ability to initiate and maintain effective and cooperative working relationships with brokers, team members, local government agencies, consultants, lenders/investors, and community stakeholders.

▪   Well-organized, detail oriented, and excellent analytical skills; proficiency in sophisticated financial analysis using Excel and with word processing software such as Microsoft Word.

▪   Strong analytical and problem solving skills; good client and public presentation skills; and excellent oral and written communication skills.

▪   An entrepreneurial and creative approach to problem-solving in the field of real estate development; enthusiasm and team building spirit.

Valid California driver's license and availability of an insured vehicle to travel within the Abode Communities’ service area.  Vehicle must meet Abode Communities’ insurance requirements.

Salary is commensurate with experience. Benefits include health, dental and vision insurance, long-term disability, life and AD&D insurance, 401(k) plan with a match, vacation and sick leave benefits, and a flexible work schedule that allows every other Friday off.

Abode Communities is an equal opportunity employer.