Enterprise is a national nonprofit that exists to make a good home possible for the millions of families without one. We support community development organizations on the ground, aggregate and invest capital for impact, advance housing policy at every level of government, and build and manage communities ourselves. Since 1982, we have invested $64 billion and created 951,000 homes across all 50 states, the District of Columbia, Puerto Rico and the U.S. Virgin Islands - all to make home and community places of pride, power and belonging.

Join us at enterprisecommunity.org

Working at Enterprise

At Enterprise, you'll be part of a diverse, committed team making a difference every day. You will collaborate with some of the smartest minds and biggest hearts in our field. You'll be empowered to drive systems change and take bold steps to advance racial equity. And you will find a career home where you're valued and supported in your growth journey.

Enterprise offers career opportunities in our with an.

Job Description Summary

Job Description

RESPONSIBILITIES:

• Monitor a debt database to manage and evaluate a refinancing pipeline in connection with loan terms - balloons, maturities, prepay provisions and rates relative to current and trending market conditions and property circumstances. Review and abstract loan and other applicable documents and identify and manage consent requirements. Work with Director in all aspects of refinancing activities from lender engagement to loan closing. Follow-up with stakeholders to achieve transaction timeline.
• Monitor a Year-15 database to manage and evaluate a pipeline for the timing and potential buyout terms of tax credit investor partner exits. Identify opportunities for early partner exits and identify mitigating activities to be addressed on a timely basis (e.g. actions to influence partner capital account balances and property reserves pending exit options). Review and abstract LPA, ROFR and other applicable document provisions, prepare and monitor capital account analysis, prepare buyout analysis, identify and mange consent requirements and assist in exit transaction. Follow-up with stakeholders to achieve transaction timeline.
• Assist in the preparation and assessment of property valuations and ECD's equity and financing exposure across ECD's portfolio for Board reporting and property disposition opportunities. Assist in all aspects of the property disposition process including feasibility analysis, broker selection, underwriting, deal documentation review, internal and external approvals/consents, and closing. Follow-up with stakeholders to achieve transaction timeline.
• Prepare and maintain a database of rooftop telecommunications license agreements and abstract key quantitative metrics and qualitative considerations for reference in identifying other opportunities and negotiation terms.
• Maintain and organize SharePoint structure for storing transaction documents and correspondence.
• Work with the Data & Reporting team and other areas of ECD to leverage existing reports and information and improve existing resources in support of transactions.
• Prepare policies and procedures and checklists to address efficiencies, standardization and risk mitigation.
• Assist in the preparation of memos and presentations of property level transactions which require internal approvals to ECD's investment committee, ECD Real Estate Committee of the Board, and Board of Directors as applicable.
• Assist the ECD development and acquisition teams in underwriting operating budgets for properties to be acquired/renovated/built.
• Complete accurate, timely internal reports.
• Special projects and other duties as assigned.

QUALIFICATIONS & SKILLS:

• Bachelor's degree or equivalent required, preferably in Accounting, Finance or related field. Master's Degree in Real Estate, MBA or CPA preferred.
• 2-3 years multi-family real estate, finance, accounting, and/or asset management experience.
• Strong organizational skills and ability to coordinate complex activities, prioritize conflicting demands and meet deadlines.
• Strong verbal communication and business writing skills.
• Demonstrated financial analysis with increasing responsibility in past roles.
• Ability to work independently with limited supervision.
• Ability to read, interpret, and analyze financial statements.
• Ability to read, interpret, and analyze complex real estate project documentation including partnership agreements, regulatory agreements, and loan documents.
• Sound understanding of real estate terminology and concepts, including multi-family real estate; working knowledge of LIHTC preferred.
• Strong analytical skills and experience with budgeting and financial modeling.
• Strong MS Excel and PowerPoint skills. Experience with MS Power BI a plus.
• Highly motivated and able to work independently.
• Excellent problem-solving skills
• Must demonstrate strong ethics in interpersonal relations and work as an effective, collaborative team member to produce high-quality results.

• You will be working with a group of talented professionals who are motivated by serving the community and addressing the need for affordable housing. Enterprise offers a comprehensive total rewards package for you and your family.
• The base salary range for this role is between $88,580 to $105,317 per year, depending on level of skills and experience.
• The salary range for this position is represented by the low and high end of the range for the amount to be paid for the position. Salaries paid at Enterprise will vary based on factors that may include skills, education, location, experience, and performance. The salary range is just a part of the total rewards package provided to employees at Enterprise, and other rewards may include annual performance bonuses and generous paid leave programs.
• At Enterprise, our benefits form a major component of our total rewards package. Benefits include dental, health, and vision care plans, as well as family-building benefits, such as fertility, adoption, surrogacy support, and gender-affirming care. Enterprise allows flexible work arrangements to promote a better work-life balance. We offer health advocacy, EAP, and mental health benefits. We round out our total rewards package by offering financial education, wellness programs, and auto-enrollment in the company's 401(k) plan with employer matching contributions. Finally, you will have learning and development opportunities, including tuition reimbursement for job-related courses and certifications. Thank you for your interest in joining the Enterprise team in our effort and commitment to serve others.

• The physical demands and work environment characteristics described here are representative of those that must be met by an associate to successfully perform the essential functions of the job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Physical Demands

• The associate is required to read, write, and communicate with internal and external customers. The associate will be required to work extended periods of time on the computer/screens.

Work Environment

• While performing the duties of this job, the associate is exposed to minimal to moderate noise.

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