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VP, Account Manager – Acquisitions

  • Reports To
    SVP, Account Manager - Acquisitions
  • Location
    Indianapolis, IN (or Portland, OR - San Diego, CA – Austin, TX – Boston, MA – New York, NY - Sarasota, FL)
  • Date
    January 2020

CREA, LLC is a full service LIHTC Syndicator with tax credit equity financing in excess of $5.5 billion since inception in 2001. CREA was founded on the “Real Estate First” philosophy that behind every exceptional real estate investment is fundamentally sound real estate; our team pledges to provide innovative real estate investment solutions. While CREA has continued to grow to well over 100 employees we continue to look for talented and passionate individuals who are excited about opportunities to grow with into the future.  With offices headquartered in Indianapolis, IN, we are currently recruiting for the position of Vice President – Account Manager, Acquisitions.

 

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.  Job responsibilities include:

  • Ensure compliance with CREA Investment Guidelines;
  • Structure, analyze, and update financial forecasts;
  • Review title, survey, organizational documents, equity documents, loan documents, and insurance certificates, environmental documents, 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;
  • Transition closed LIHTC properties to Asset Management;
  • Manage a closing team; and
  • Other duties as requested by the Senior Vice President – Account Manager, Acquisitions.

 

Requirements:

The qualified candidate will hold a bachelor’s degree in a business-related area and have a minimum of ten years applicable LIHTC transactional closing experience. 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 demonstrate proficiency in each of the following Key Attributes:

 

Key Attributes:

  • Strong analytical, interpersonal and communication skills
  • Ability to effectively manage and administer sensitive and confidential information
  • Must have strong initiative and be able to work with limited guidance & supervision
  • Professionalism/Ethics (Trust, Attitude, Honesty, Commitment, Collaboration, & Approachability)

 

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