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Vice President, Account Manager, Acquisitions

  • Reports To
    Managing Director, Account Management, Acquisitions
  • Location
    Indianapolis, IN | Boston, MA | Portland, OR
  • Date
    April 2022
CREA, LLC is a full-service Low Income Housing Tax Credit (LIHTC) Syndicator forming long-term relationships with investors and developers that cultivate success and improve lives. As CREA marks over 20 years in business, $8.3 billion of total equity has been raised, contributing to the formation of over 70,000* homes within 770* properties. Approaching 150 employees, we continue to look for talented and passionate individuals who are excited about opportunities to grow with into the future. We are currently looking to add talent for the position of VP, Account Manager, Acquisitions to join the Acquisitions team.
Position Summary:
The primary role of the Vice President – Account Manager, Acquisitions is to maintain client relationships and manage lower tier partnership closings. The position requires the ability to effectively coordinate with legal counsel, third-party vendors, and CREA staff regarding the closing of qualifying Low-Income Housing Tax Credit (“LIHTC”) properties under Section 42 of the Internal Revenue Code. 
Primary Responsibilities:
  • Structure, analyze, and update financial forecasts
  • Review title, survey, organizational documents, equity documents, loan documents, insurance certificates and environmental documents to ensure conformance with CREA Investment Guidelines, and other documents customary to LIHTC closings
  • Prepare and present Investment Committee memorandums
  • Coordinate inter-departmental and third-party approvals
  • Participate in post-closing items including, but not limited to, due diligence deliverables, consent requests, and watchlist/workout properties
  • Manage closing team(s); and other duties as requested by the Managing Director – Account Management, Acquisitions

Job Requirements:

A candidate for this position would benefit from a minimum of two years applicable LIHTC or LIHTC transactional closing experience. A bachelor’s degree in Finance, Business Administration, or a related field, is desired. Candidate must have excellent qualitative analytical skills and be an effective communicator. Overtime is required at certain times of the year. Must be proficient with Microsoft Office Suite with a heavy emphasis on Excel and Word. Must possess and be able to demonstrate effectiveness with each of the following Core Competencies.
Core Competencies:
  • Excellent oral and written communication skills 
  • Strong analytical and project management skills 
  • Ability to effectively manage and administer sensitive and confidential information
  • Strong initiative and ability to work without guidance & supervision 
Our Values:
  • We work as a family, investing in each other, worthy causes, and the communities we serve. 
  • We have integrity in all that we do; we embrace differences and treat others with kindness and respect. 
  • We believe that, with teamwork, we can accomplish anything and pursue inventive solutions for our clients.

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