Director of Partnership Closings
FWM PAYROLL CLEARING INC
Job Description
Job Description
Affordable Equity Partners, Inc. (AEP) provides a full range of investment banking services for those seeking to finance, build, purchase or rehabilitate multi-family housing. Since 1997, AEP has invested in nearly 27,000 homes in 500 communities. We serve the growing need for affordable housing across 16 states in 250 cities. We have successfully syndicated over $5 billion in tax credits to build or preserve homes for working class families and seniors.
SUMMARY:
The Director of Partnership Closings is responsible for leading and executing the closing process for strategic partnerships, client agreements, and revenue-generating deals. This role ensures seamless coordination across legal, sales, finance, and operations teams to finalize contracts efficiently, mitigate risk, and accelerate revenue realization.
RESPONSIBILITES:
- Manage Low-Income Housing Tax Credit (LIHTC) transactions, overseeing communication, contract management, legal reviews, and financial analysis for banks, developers, attorneys, title companies, and state housing agencies.
- Identify and mitigate risk exposure from a developer, negotiate attorney fee provisions, and address investor concerns to protect affiliate interests.
- Manage end-to-end processes LIHTC equity and bond deals, collaborating with developers and financial institutions across several states.
- Ensure compliance with state housing agency requirements, reviewed titles and surveys, drafted Partnership agreements, and negotiated critical deal points with banks and developers.
- Create and finalize Predevelopment Loan documents and coordinate organizational filings for projects nationwide.
- Analyze due diligence documentation collected and work with both internal partners and legal counsel on approvals as well as ensure it reflects the financial concepts approved.
- Interpret financial and legal transactions to assist in the decision making of investment opportunities.
- Develop and maintain good working relationships with general partners, developers, management agents, contractors, counsel, and third-party consultants.
- Assist in the transition of transactions to funds for investors as well as to other internal departments
REQUIREMENTS:
- Bachelor’s degree or higher in Finance, Real Estate or related field.
- Preferred – Doctor of Law degree (J.D.)
- Minimum five (5) years’ experience in LIHTC transactions
- Strong communication skills both written and verbal and extreme attention to detail
- Experience working in a growing, fast-paced environment
We are an equal opportunity employer and are committed to fostering an inclusive and diverse workplace. All qualified applicants will receive consideration for employment without regard to race, color, religion, gender, gender identity or expression, sexual orientation, national origin, genetics, disability, age, veteran status, or any other protected characteristic in accordance with applicable federal, state, and local laws.
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