Acquisitions Analyst

Acquisitions Analyst

CAHEC is a non-profit community investment organization based in Raleigh, NC, dedicated to expanding access to affordable housing and creating life-changing opportunities across the Southeast and Mid-Atlantic. Our work spans housing tax credit investments, loan programs, affordable housing development, property management services, and wellness and education initiatives for residents. Guided by a vision of thriving, vibrant communities, we strengthen neighborhoods through collaborative partnerships, innovative investments, and supportive services.

The Acquisitions Analyst will analyze, evaluate, structure, and formulate recommendations regarding investment in complex real estate transactions. The position provides professional and technical support to Acquisitions & Risk Management by preparing financial models, populating documents with model data, and managing and coordinating the distribution of data.

Some specific functions include:

• Collecting and interpreting relevant data to prepare for financial models for multi-family housing development participating in the Low Income Housing Tax Credit ("LIHTC") program.
• Creating models using existing templates and creating special purpose spreadsheets to analyze sensitivities related to yield, investment risk, and other economic considerations.
• Assist in the preparation of term sheets, commitment letters and other screening reports using data derived from models and custom created spreadsheets.
• Assisting internal staff in the preparation of investment reports by preparing key analytics and underwriting summaries derived from models.
• Coordinating with internal staff on best source of data for new models and ensuring that current data is uploaded and shared in a timely manner.

Education Requirement

Bachelor's degree in planning, math, finance, business, accounting, or economics or related field; or an equivalent combination of education and comparable work experience.

Work Experience

Minimum one (1) year progressively responsible work experience in finance, data analysis, or investment modeling; or relevant education and training.

Knowledge, Skills, and Abilities

General knowledge of commercial real estate development, construction, corporate structuring, taxation, property management, and the Low Income Housing Tax Credit Program (Section 42 of the IRC) is required. The ability to manage multiple, current priorities and easily adapt to changing priorities is necessary as is the ability to think analytically to develop and recommend effective solutions is needed. Proven ability to analyze and develop complex financial models in MS Excel. Excellent interpersonal and communications skills (written and verbal) are needed as is the ability to foster effective working relationships with peers.

Work Environment

This position is based out of CAHEC's corporate office in Raleigh, NC. Travel, typically by either commercial airline or automobile, is required for at least 10% of this position. Certain objectives require working on-site at various locations, such as potential investments and properties in CAHEC's investment portfolio, and some professional training and networking opportunities may also require travel. CAHEC offers a hybrid work benefit for eligible positions. This position requires a minimum of three days per week working in the Raleigh office.

Compensation and Benefits

CAHEC is an equal-opportunity employer that offers a competitive compensation package which is based on a hiring range that is commensurate on experience, education, and level of responsibility. CAHEC also offers a very competitive benefits package.