Director, Transactions

Overview

Director, Housing Investments. This role manages the acquisitions, dispositions and joint ventures of Nuveen’s real estate portfolio and provides support for its strategic relationships. Working under minimal day to day supervision, this role is responsible for executing on new investment opportunities, joint venture relationships, and dispositions with a primary focus across major Western Region markets.

• Sources new housing acquisition opportunities and tracks active deals in the market. Serves as an in-house expert on market coverage, fundamentals and pricing and provides real time market information and transactions to internal teams. This sourcing occurs with brokers and direct/off-market opportunities.
• Leads underwriting with the investment team and analyzes property information and market research of potential real estate investment opportunities that support the company’s strategic objectives.
• Coordinates the compliance of all requirements for the closing and funding of real estate acquisition and development transactions.
• Maintains external relationships with key market participants, investment sales, and lenders.
• Investigates opportunities to increase efficiencies in budgeting and operations of real estate and property assets.
• Oversees and leads the due diligence process for asset acquisition and disposition opportunities.
• Evaluates investments and investment returns based on discounted cash flows, return on cost, development spreads and third-party leverage; analysis includes impact of value-added opportunities, leverage, and joint venture structures.
• Leads the disposition process of housing investments across certain markets, including securing internal approvals and negotiating key deal-related documentation.
• Manages and mentors junior staff in connection with the investment process. Provides feedback to junior staff and helps grow them within the organization.
• Prepares and oversees all investment authorizations and ensures that financial, market and risk analyses are correct and accurate.
• Oversees (or undertakes directly) the coordination and compliance with all requirements for closing and funding of transactions.
• Regularly travels to various markets for deal sourcing, evaluation, relationship building and obtaining market information.
• Participates in multifamily panels and conferences.

• No Advanced Degree Required Preferred

• 3+ Years Required; 5+ Years Preferred

• Sedentary work

7PL

• 3+ years of direct multifamily acquisition/disposition experience

• 7+ years of direct multifamily acquisition/disposition experience
• Demonstrable track record of investment activity, preferably within the housing sector.
• Advanced analytical/reasoning skills to analyze disparate information flows based on market practice into a meaningful, relative-value basis.
• Advanced reasoning skills to effectively and timely identify viable investment opportunities which meet the long and short-term goals of multiple investor clients.
• Experience and proficiency in Excel.
• Master’s Degree
• 30% travel

Business Development, Due Diligence, Financial Analysis, Market/Industry Dynamics, Opportunity Strategy, Organizational Savviness, Real Estate Investments, Underwriting

Base Pay Range: $137,000/yr - $171,000/yr. Actual base salary may vary based on experience, time in role, internal peer salaries, prior performance, business sector, and location. The compensation package may include participation in incentive programs depending on role.