Director of Development and Acquisitions
2 Days Old
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).
Please read the following job description thoroughly to ensure you are the right fit for this role before applying.
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
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- Location:
- San Diego, CA
- Salary:
- $200
- Category:
- Management And Consultancy