Acquisitions Associate

CREA, LLC is a full-service Low Income Housing Tax Credit (LIHTC) Syndicator forming long-term relationships with investors and developers that cultivate success and improve lives. As CREA celebrates 20 years in business, over $7.8 billion has been raised, contributing to the formation of over 66,000 homes within 730 properties. Approaching 150 employees, we continue to look for talented and passionate individuals who are excited about opportunities to grow with into the future. 

 
Position Summary:  

The primary role of this position is to conduct financial analysis, prepare executive summaries, and coordinate CREA’s business development pipeline for qualifying Low-Income Housing Tax Credit (LIHTC) properties under Section 42 of the Internal Revenue Code. The qualified candidate must be able to effectively communicate with developers, third party lenders, legal counsel, and CREA employees at all levels.  
 
Office location:  800 Third Avenue, New York, NY 10022. 
Fully remote work to be considered for well qualified candidate. 
  

Primary Responsibilities: 

• Analyze and update financial projections for affordable multifamily residential properties 

• Review market studies, tax credit applications, and sponsorship information to ensure conformance with internal requirements 

• Prepare Placement Committee packages 

• Proactively coordinate Placement Committee approvals 

• Prepare letters of intent; 

• Other duties as requested by the AVP, Acquisitions 

Requirements: 

This position prefers a minimum of a bachelor’s degree, preferably in Finance or Accounting; two to three years of applicable financial analysis, financial modeling, or transactional real estate experience are preferred. Applicants with prior multi-family real estate tax experience, and/or CPA designation, preferred. You must have excellent communication and time management skills, as well as the ability to comfortably interact with senior management and a large external client base. Less than 10% travel per year is required, including attendance at industry conferences and events: and annual company meeting in Indianapolis. Must be proficient with Microsoft Office Suite, specifically Excel and Word. Must possess and be able to demonstrate effectiveness with each of the following Core Competencies. 

Core Competencies: 

• Excellent oral and written communication skills 

• Proactive mindset and taking ownership of workload 

• Excellent analytical, interpersonal, and communication skills 

• Ability to effectively manage and administer sensitive and confidential information 

• Attention to details and ability to prioritize 

• Initiative and ability to work with limited guidance & supervision 

Our Values: 

• We work as a family, investing in each other, worthy causes, and the communities we serve. 

• We have integrity in all that we do; we embrace differences and treat others with kindness and respect. 

• We believe that, with teamwork, we can accomplish anything and pursue inventive solutions for our clients.