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Vice President of Acquisitions
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- ACRUVA is expanding its Affordable Housing multifamily portfolio across the country by acquiring affordable housing communities (100% LIHTC and/or Section 8/HAP) and land for new developments.
- The VP will work closely with Sellers, Brokers, and pursue Off-Market opportunities to acquire suitable Affordable Housing preservation opportunities, analyze due diligence information, and ensure each transaction meets ACRUVA’s acquisition parameters.
- The ideal candidate has strong Affordable Housing real estate analysis skills combined with an understanding and experience closing transactions with various funding sources.
- Negotiate and manage all terms of property acquisitions, work closely Land Acquisition Analysts, legal, development, architectural and financial teams during the due diligence process.
- In concert with architects, civil engineers, and other professionals, review acquisition opportunities (land and existing communities) to determine viability, cost, zoning requirements, capital needs, local ordinance and acceptability to the company.
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