Investment Associate - Real Estate & LIHTC
$140k - $155kApril Housing
At April Housing, we’re building a team of bold, mission-driven professionals who are motivated by meaningful work and energized by collaboration. Our work supports a clear purpose of expanding access to high-quality housing, and each role plays an important part in advancing that mission. You’ll collaborate shoulder‑to‑shoulder with some of the most talented experts in the industry, gaining hands-on exposure that helps you grow your skills and broaden your perspective from the day one. Our environment is dynamic, fast paced and evolving, designed to support curious, ambitious people as they take on new challenges and develop capabilities that translate throughout their careers. April Housing is a leading owner and operator of high‑quality affordable housing across the United States. Founded in 2022 and headquartered in Los Angeles, we are a portfolio company of Blackstone Real Estate, supporting the affordable housing and LIHTC (Low-Income Housing Tax Credit) portfolio. Our mission is clear: preserve critical affordable housing stock while delivering exceptional management and high‑quality homes to the communities we serve. We are committed to being a fair, transparent, and responsible owner. Backed by Blackstone Real Estate enabling us to invest in the creation and preservation of affordable housing for the long run. We are making a bold commitment to preserving affordable housing across the country. April Housing is dedicated to ensuring our assets aligned with high standards of excellence, including ongoing property improvements and elevated resident services. We’re looking for individuals who share our commitment to excellence and believe in the impact that thoughtful, well-executed work can have on communities. If you’re driven by purpose, value collaboration, and are excited to grow while contributing to something meaningful, April Housing offers a place to build experience, expand your impact, and do work that matters. We are seeking an Associate in the Investments group to join the company’s Los Angeles office. Working in partnership with Blackstone, the Investment Associate will support and execute transactions across April Housing’s investment platform, with an initial focus on our disposition workstream. April Housing operates one of the most active investment platforms in the country averaging over 50 transactions per year. As a result, this role offers a unique opportunity to gain meaningful transaction experience across a high-volume platform, working on a wide range of complex deals across the country. This role is designed for a candidate with 3–5 years of real estate transaction experience who can take ownership of workstreams, operate effectively in complex partnership environments, and communicate clearly with both internal and external stakeholders. What You Will Do Take a central role in executing dispositions, including initial underwriting, marketing, managing diligence processes, coordinating timelines, and supporting negotiations through closing Perform detailed financial modeling, valuation, and hold-sell analysis to support investment decisions Support preparation of internal approval materials, investment memoranda, and transaction summaries Collaborate closely with internal teams including Asset Management, Transaction Management, Legal, and Accounting Serve as a key point of coordination with buyers, brokers, partners, and third-party advisors Apply a strong understanding of Section 42 / LIHTC structures and affordable housing regulatory frameworks to transaction analysis and execution Navigate complex partnership dynamics and consent processes with sound judgment and professionalism Assist with pipeline tracking, reporting, and ad-hoc analyses related to portfolio strategy and transaction execution Contribute to process improvements and best practices across the Investments platform Ability to pivot based on business strategy between dispositions and acquisitions. What You Should Have Bachelor’s degree, preferably in finance, math, economics, real estate, accounting, engineering, or a related field 3–5 years of real estate transaction experience, with exposure to affordable housing strongly preferred Demonstrated experience executing transactions with limited supervision, with direct involvement in dispositions a plus Strong financial modeling and analytical skills, with a solid understanding of real estate fundamentals Working knowledge of LIHTC structures and affordable housing regulatory considerations a plus Strong written and verbal communication skills, with the ability to interact effectively with internal and external stakeholders Highly organized, detail-oriented, and capable of managing multiple priorities under tight timelines Comfort operating in ambiguous or high-stakes situations involving complex partnership dynamics Alignment with April Housing’s mission and long-term investment approach Some travel may be required depending on transaction 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. 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 $140,000.00 To $155,000.00 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. Please review the Job Applicant Privacy Notice. 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 View email address on click.appcast.io #J-18808-Ljbffr April Housing
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