Director Acquisition and Development
Sanford Barrows Group
Job Title: Director of Acquisitions & Development
Reports To: SVP of Finance
Position Overview:
Join a dynamic, growth-focused team as Director of Acquisitions & Development, leading the charge to source, acquire, underwrite, and develop affordable multifamily housing projects. You’ll be at the forefront of deal flow—identifying, evaluating, and closing exciting opportunities to expand our affordable housing portfolio. This is an in-office role with a collaborative team of four (no direct reports, one indirect), offering the chance to make a direct impact and work closely with high-energy, supportive leadership.
Key Responsibilities:
- Drive the acquisition of affordable housing properties, from sourcing through closing and development
- Cultivate relationships with brokers and industry contacts to generate robust deal flow
- Lead underwriting, due diligence, and feasibility analyses
- Spearhead repositioning and value-add strategies
- Oversee all acquisition documentation and negotiations
- Ensure compliance with affordable housing programs, including LIHTC
- Partner with internal teams, consultants, and external stakeholders to move deals forward
Qualifications:
- Extensive experience in real estate acquisitions, especially affordable housing
- Proven success working with brokers and sourcing/offering deals
- Hands-on experience with LIHTC and deal structuring
- Demonstrated ability to manage due diligence and value-add/repositioning efforts
- Experience bringing in new opportunities and seeing deals through to close
- Team-oriented approach and excitement for working in a collaborative, in-office environment
- Value-add experience is a plus!
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