Job Description

April Housing is a leading owner and operator of high-quality affordable housing throughout the United States. Founded in 2022 and headquartered in Los Angeles, April Housing is the asset management business that oversees Blackstone's affordable housing and LIHTC portfolio. April Housing seeks to preserve critical affordable housing stock while providing best in class management and high-quality housing. April is committed to being a fair, transparent, and responsible owner.

April Housing’s long-term commitment to owning affordable housing is supported by Blackstone Funds, predominantly BREIT, a non-listed REIT. This perpetual capital vehicle provides April with a patient and flexible source of capital and plays a critical role in enabling the creation and preservation of more affordable housing. In addition to managing a growing portfolio, April Housing will ensure assets in the existing portfolio remain affordable and in compliance with all rent regulations while making significant improvements and aligning the operations with April Housing's Standards of Excellence in Residential Operations.

In its pursuit of excellence, April Housing is looking for individuals who share in its mission to provide high-quality housing to affordable residents.

We are seeking an Analyst/Sr. Analyst in the Investments group to join the company’s Los Angeles office. Working in partnership with Blackstone and April Housing, the Investments Analyst /Sr. Analyst will identify, underwrite, and acquire affordable housing assets for Blackstone’s investment vehicles.

What you will do:

Real estate investment underwriting, including detailed financial models and analysis to determine viability of potential acquisition opportunities for Blackstone’s investment vehicles.
Detailed market research and analysis, including economic, demographic, capital markets, and locational (submarket/micro-location) to identify key investment drivers and potential impacts
Investment Committee presentation preparation and support
Pipeline and reporting support
Analytical support for dispositions, partner buyouts, and preservation business lines, including analysis, due diligence review and preparation of valuations
Collaboration with internal partners/stakeholders including the Blackstone investment team and various specialist teams within April Housing (Transaction Management, Asset Management, etc.)
Communication with external parties, including brokerage firms, operators, appraisers, third-party vendors, etc.
Ad-hoc and special projects related to team infrastructure improvements, industry research, and potential investment opportunities

What you should have:

Bachelor’s Degree – preferably in finance, real estate, math, accounting, or engineering
1-4 years of real estate industry experience, with a preference for multifamily or affordable housing
Financial modeling expertise and an in-depth understanding of real estate fundamentals, preferably within multifamily or affordable housing
Personal commitment to making a positive difference in affordable housing
Excellent communication skills, both written and oral, with the ability to convey complex information clearly and concisely
Strong organizational skills and attention to detail, with the ability to manage multiple projects simultaneously under tight timelines
Some travel may be required depending on team needs
Ability to grow within the role and take on increased responsibilities over time

What we offer:

At April Housing, we are committed to a singular mission: providing best-in-class management and high-quality housing for residents who earn less than the area’s median income. You will be joining a dedicated team who live this mission every day.

And we’re growing! “April,” which means “to open,” aligns with our goal of opening new paths to expand the supply of affordable housing and close America’s affordability gap. Over the next decade, we intend to invest over $500 million to improve our communities while keeping rents affordable for our residents.

And of course, we offer competitive pay and a full slate of benefits.

If any of this sounds interesting, apply today, and help us close America’s affordability gap!

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. The Company faces a significant risk to its business operations or business reputation if a criminal history check is not performed. 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.

Base Compensation Range:

$110,000.00 To $130,000.00 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.

Total Direct Compensation: This job is also eligible for discretionary bonus and incentive compensation on an annual basis.

Benefits: The Company provides a variety of benefits to employees, including health insurance coverage, retirement savings plan, paid holidays and paid time off (PTO).

The additional total direct compensation and benefits described above are subject to the terms and conditions of any governing plans, policies, practices, agreements, or other materials or documents as in effect from time to time, including but not limited to terms and conditions regarding eligibility.

EEO 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, but not limited to: veteran status, uniformed servicemember status, race, color, caste, immigration status, religion, religious creed (including religious dress and grooming practices), sex, gender, gender expression, gender identity, marital status, sexual orientation, pregnancy (including childbirth, lactation or related medical conditions), age, national origin or ancestry, citizenship, physical or mental disability, genetic information (including testing and characteristics), 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, if you need an accommodation to complete the application process, please email talent@revantage.com

Asset Management

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