Acquisitions Associate

Description

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. With over 25 years in affordable housing, CREA has raised in excess of $14 billion since inception, resulting in the formation of over 100,000 homes within 1,000+ communities across the country. Thanks to the contribution of over 135 employees, CREA continues to look for talented and passionate individuals who are excited about opportunities to grow with the company. We are currently looking to add a talented Acquisitions Associate to the Acquisitions department in CREA’s Indianapolis, IN office.

Physical Presence: In-Office | Tue – Thu; Flexible | Mon & Fri

Open to: Indianapolis, IN

Reports to: Senior Vice President, Originator

Position Summary:  

The primary role of this position is to support CREA’s Originators across the organization based on business need and workload. This position will manage assigned pipelines of affordable housing properties, 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, CREA Originators, and CREA employees at all levels while balancing shifting priorities across multiple transactions.

Primary Responsibilities:

Support CREA Originators across the organization based on workload, transaction activity, and business priorities.

• Manage assigned deal pipelines from the application process to signed Letters of Intent.
• 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 in partnership with the applicable Originator.
• Proactively coordinate Placement Committee approvals
• Coordinate with multiple Originators to help prioritize work, track deadlines, and maintain timely communication on assigned transactions.
• Prepare letters of intent and other transaction-related materials, as requested by the applicable Originator or Acquisitions leadership.
• Other duties based on business needs assigned by manager.

Requirements

• Bachelor's degree in Finance, Accounting, Real Estate, or a related field required. 
• Up to 2 years of experience in financial analysis, financial modeling, underwriting, or transactional real estate is preferred, but not required. 
• Experience with multifamily real estate, LIHTC transactions, or affordable housing is a plus. 
• CPA designation is a plus but not required. 
• Strong analytical and problem-solving skills with the ability to review and interpret financial information. 
• Strong time management and organizational skills with the ability to manage multiple priorities and deadlines. 
• Comfortable interacting with senior leadership, developers, lenders, legal counsel, and external partners. 
• Ability to handle sensitive and confidential information with professionalism and discretion. 
• Proficiency in Microsoft Office Suite, particularly Excel and Word. 
• Willingness to travel up to 10% annually, including industry conferences, events, and CREA's annual company meeting in Indianapolis.

Core Competencies:

• Excellent oral and written communication skills
• Proactive mindset and taking ownership of the workload
• Excellent analytical, interpersonal, and communication skills
• Ability to effectively manage and administer sensitive and confidential information
• Attention to detail 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.