Affordable Housing Acquisitions Analyst
Financial Modeling & Underwriting Support
Working with the acquisition team members to create cash flow projections for properties identified as potential investments.
- Performing various other types of analysis, research, and financial modeling.
- Analyzing property-level operating statements, rent rolls, and expense assumptions to support underwriting accuracy.
- Supporting scenario and sensitivity analyses to evaluate investment risk and return profiles.
Market & Investment Analysis
- Conducting market rent surveys.
- Researching submarket trends, comparable properties, and economic drivers impacting property performance.
- Evaluating market data to support assumptions used in acquisition underwriting.
- Assisting in validating revenue and expense assumptions through third-party data and internal benchmarks.
Due Diligence & Transaction Support
- Familiarity with affordable housing regulatory documents, including LURAs, extended-use agreements, IRS Form 8609s, and other LIHTC compliance requirements.
- Ability to review third-party reports, including appraisals, inspections, and market studies to inform key decision makers with findings.
- Coordinating acquisition-related data and documentation across other internal teams.
Lender & Capital Partner Coordination
- Responding to the requests of lenders throughout the acquisition process.
- Supporting the preparation of materials required for debt and equity partners.
- Assisting with tracking lender terms, assumptions, and conditions during underwriting and closing processes.
Investment Committee & Internal Reporting
- Helping to prepare submissions to Fairfield’s Investment Committee.
- Maintaining pipeline reports for the various affordable fund vehicles.
- Updating acquisition tracking tools and reports to reflect deal status, assumptions, and timelines.
- Supporting senior team members with presentation materials and analysis for internal stakeholders.
- Driven by Vision: We are a vertically integrated operator and investment manager in the multifamily sector with in-house development, construction, acquisition, and property and asset management services. As we continue to grow, we want you to grow with us.
- Career Growth & Learning: Fairfield values new ideas at every level. We offer training, coaching, and mentoring to help associates develop their careers and inspire them to create change for the better.
- Culture of Collaboration: Enjoy a professional, supportive environment where we work together to drive meaningful impact.
- A Company that Cares: We are proud to offer robust benefit packages with a focus on both quality of care and affordability. We offer competitive compensation plans, 401(k) matching, and paid time off, including sick days and volunteer time off (VTO) to support causes that matter to you.
Education & Certifications
- A bachelor or master’s degree in business, real estate finance, accounting, or related field required
Experience
- 0-2 years of experience in commercial real estate financial underwriting, due diligence review and analysis
- Exposure to real estate financial analysis, investment analysis, or related analytical roles.
- Exposure to LIHTC, regulatory requirements, and affordable housing financing structures.
Skills & Competencies
- Understanding of fundamental real estate valuation and investment concepts – IRR, cap rates, etc., including how these metrics are calculated, interpreted, and applied to investment decisions.
- Strong quantitative skills, with the ability to analyze large data sets and translate numbers into meaningful insights.
- Excellent communication ability (both oral and written), including the ability to clearly present financial findings to internal stakeholders.
- Familiarity with affordable housing regulatory documents, including LURAs, extended-use agreements, IRS Form 8609s, and other LIHTC compliance requirements.
- Ability to work on multiple tasks in a fast-paced environment while maintaining accuracy and attention to detail.
- Must be proficient in Microsoft Excel and PowerPoint, including financial modeling, data analysis, and presentation development.
- Financial modeling and analytical reasoning skills applied to real estate investments.
- Market research and data interpretation skills.
- Professional judgment and discretion when handling sensitive financial information.
Join Our Team!#LI-LISA
Estimated Rate of Pay:
$72,500.00 - $80,000.00
This position is exempt; the range above reflects annual salary.
The pay range displayed for this position is determined by skills and experience required, location and job complexity*. Potential job offers may vary based on the skills, education, and experience an individual candidate holds. This range reflects base rate only, and does not include allowances, perks, commissions or bonuses applicable to this position (if any). In addition to base salary, Fairfield offers all full time associates the following, upon meeting eligibility requirements:
- Paid time off, paid holidays and sick days, paid time off for volunteering activities (optional)
- Matched 401(k)
- Medical, dental & vision insurance
- Flexible spending account
- Life insurance
* Pay range is a calculation based on a midpoint price. Fairfield complies with all wage and hour laws, including minimum wage and salary exempt requirements.
Job duties for this position include: work safely and cooperatively with others, including supervisors; adhere to performance standards despite stressful conditions; communicate effectively and respectfully to ensure exceptional customer service; and follow all federal, state, and local laws and Company policies. Criminal history may have a direct, adverse, and negative relationship with some of the material job duties of this position. These include the duties and responsibilities listed above, as well as the abilities to adhere to company policies, exercise sound judgment, effectively manage stress and work safely and respectfully with others, exhibit trustworthiness and professionalism, and safeguard business operations. Pursuant to the Los Angeles, San Francisco, and San Diego County Fair Chance Ordinances, the California Fair Chance Act, and any other applicable law, we will consider for employment qualified applicants with arrest and conviction records.