Director of Development and Acquisitions

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This range is provided by Bisnow. Your actual pay will be based on your skills and experience — talk with your recruiter to learn more.

Base pay range $160,000.00/yr - $190,000.00/yr

The Director of Development and Acquisitions will lead efforts to identify, structure, and execute multi-family affordable/workforce housing development projects, while also supporting selective acquisition opportunities. The role emphasizes the full development lifecycle—from feasibility to close—within the West Coast markets (California, Washington and Oregon).

Job Responsibilities

Development Leadership:

Lead real estate development projects from concept through completion

Conduct feasibility studies, entitlement strategy, budgeting, and financial modeling

Oversee third-party consultants, architects, engineers, and contractors

Coordinate with internal teams for design, construction, finance, and asset management

Ensure adherence to BRIDGE’s high quality and affordability standards

Real Estate Acquisitions (Support Function):

Evaluate potential property acquisitions aligned with BRIDGE’s mission

Underwrite and analyze acquisition deals, negotiate LOIs and PSAs

Work with legal counsel and Capital Markets Group to close transactions

Financial/Legal/Administrative:

Prepare and validate pro formas, budgets, and deal assumptions

Complete financing applications and manage the closing process

Collaborate with legal on all transaction documents

Collaboration:

Partner with Property Management, Asset Management, Capital Markets, Legal, and outside stakeholders

Support cross-functional development and acquisition initiatives

Qualifications

Bachelor’s Degree in Real Estate, Finance, Urban Planning, or related field; advanced degree preferred

7–10 years of experience, with a strong emphasis on affordable housing development

Experience in the Los Angeles real estate market is preferred

Proven success in project delivery, deal structuring, and public/private financing tools (LIHTC, tax-exempt bonds, etc.)

Strong analytical, project management, and communication skills.

Extensive hands-on experience in the underwriting and financing of affordable housing projects, including the use of typical financing sources such as low-income housing tax credits, tax exempt bonds, HOME, CDBG, HUD Section 202, etc

Experience with acquisition of HUD at-risk properties, HOPE VI and/or homeownership developments

High level of technical knowledge and hands-on experience with the development of affordable housing, affordable housing finance and real estate transactions

Past personal involvement in reading and negotiating legal documents

Excellent problem solving and creative skills with the ability to exercise sound judgment to make decisions based on accurate and timely information

Experience reviewing and negotiating legal documents

Seniority level Not Applicable

Employment type Full-time

Job function Other

Industries Online Media

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