Manager, Dispositions

🔥 3 hours ago

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Enterprise Community Partners

WebsiteLinkedInAll Job Openings

1001 - 5000 employees

Founded 1982

🤲 Charity

🤝 Non-profit

🏠 Real Estate

Charity • Non-profit • Real Estate

Enterprise Community Partners is a national non-profit organization dedicated to increasing the supply of affordable housing and advancing racial equity and resilience within communities. Since 1982, they have invested $72 billion to create and preserve over 1 million homes across the United States. The organization offers a range of services including policy advisory, financing for developers, and community development financial institution (CDFI) services. Their mission centers on making home and community places of pride, power, and belonging, with particular focus areas in housing supply increase, racial equity advancement, and building upward mobility and resilience. Enterprise Community Partners also collaborates with other organizations to support sustainable and equitable housing solutions through its Power Forward Communities program. They aim to bring about change by investing in affordable housing and align financial returns with social impact through their Enterprise Community Impact Note.

📋 Description

• Take lead responsibility for completing dispositions of an assigned portfolio of LIHTC investments • Review and interpret partnership agreements for disposition terms and consent requirements • Develop disposition strategies and effectively negotiate deal terms with general partners and investors • Prepare internal real estate and partnership valuation models, and tax assessments • Review appraisals of real estate, appraisals of partnership interests, and capital needs assessments • Draft correspondence with investors on disposition plans and obtain consent from investors • Coordinate with in-house legal counsel, Investor Relations, Asset Management, and accounting team members • Close final transactions • Negotiate unique dispositions, including those as part of a workout of a troubled deal • Maintain accuracy of system data and reporting • Interact with Enterprise staff to provide accurate and timely information • Maintain relationships with development partners • Assist with training and presentations

🎯 Requirements

• 3 - 5+ years’ experience with real estate, asset management, housing programs, finance, accounting, law, and/or property management • A Bachelor’s degree or equivalent is desired, preferably in real estate, finance, business, accounting, or related field • Strong financial, analytical, organizational, and quantitative skills • Strong understanding of real estate economics and valuation concepts • Ability to manage shifting priorities and multiple transactions in a deadline-driven environment • High level of professionalism, sound judgment, and ethical decision-making • Strong written and verbal communication skills with the ability to clearly convey complex financials and transactional concepts • Knowledge of LIHTC and Salesforce preferred • Certification in real estate appraisal a plus

🏖️ Benefits

• Dental, health, and vision care plans • Family-building benefits such as adoption and surrogacy support • Flexible work arrangements to promote work-life balance • Health advocacy • Employee Assistance Program (EAP) • Mental health benefits • Financial education • Wellness programs • Auto-enrollment in the company’s 401(k) plan with employer matching contributions • Tuition reimbursement for job-related courses and certifications