Transaction Coordinator

Ulysses Development Group is a Denver-based mission-driven developer and owner of affordable and workforce housing. We strive to bring and preserve quality housing to communities across the nation through ground up development and acquisition/rehab.

POSITION SUMMARY

The Transaction Coordinator will report to the CDO but will serve a cross functional role requiring accountability to and collaboration with multiple departments and stakeholders within UDG (including asset management, finance and legal). The Transaction Coordinator plays a crucial role in managing several key processes for UDG’s pipeline of multifamily real estate development projects. These projects are in various stages of the development lifecycle, from due diligence through closing and pre-stabilization.

JOB DESCRIPTION

·       Prioritizes and manages multiple complex projects concurrently, ensuring all deadlines within the assigned portfolio are met.

·       Prepares and coordinates materials, applications or forms for lenders and equity institutions related to affordable multifamily housing closings, including acquisitions, re-syndications, and new construction projects.

·       Assists with preparation of bond applications, tax credit applications, and other financing or soft funds packages that are needed to secure funding for projects.

·       Coordinates closing and post-closing activities, including state agency reporting, 8609 applications, permanent financing conversions, equity installments, and refinances. Actively engages with stakeholders to coordinate the necessary due diligence for each value event, ensuring compliance with all requirements.

·       Orders third-party reports as needed throughout various phases of a project including, but not limited to, Environmental Studies, Property Condition Assessments, Appraisals, Market Studies, Title and Survey, and Zoning Reports.

·       Fosters relationships with other departments such as asset management, construction and accounting to streamline communication and gather necessary information for lenders and investors.

·       Participates in regular conference calls with the development team, lenders, investors, underwriters, attorneys, and other stakeholders to provide updates on the due diligence process.

·       Interprets and extracts key information from loan agreements and partnership agreements to understand project timelines and track upcoming value events.

·       Maintains organized electronic due diligence files in accordance with existing processes and standards.

·       Assists with administrative or organizational needs where appropriate.

Qualifications:

• 2 years’ experience in transaction management, experience with affordable housing preferred
• Strong record of managing complex initiatives with multiple stakeholders
• Ability to have professional interaction with team members, stakeholders, government officials and staff
• Exceptional communication skills and attention to detail
• Must have excellent organizational skills and the ability to prioritize
• Must be willing to travel on occasion

Compensation:

The salary range for this position is $65,000 to $85,000 annually, commensurate with experience. In addition to the base salary, the successful candidate may be eligible for a performance-based bonus up to 10%, which is determined based on individual and company performance.

Benefits:

Health, dental, and vision insurance

401(k) plan with company match

Paid time off (PTO) and holidays

Professional development opportunities

Transportation/parking allowance

       No deal participation

Physical Demands and Work Environment:

·        Prolonged periods of sitting at a desk and working on a computer

·        Frequent near vision use for reading and working with detailed information on computer screens

·        Occasional standing, walking, and moving about the office

·        May require lifting and moving objects weighing up to 15 pounds

·        Ability to communicate verbally and in writing with colleagues

·        Work is primarily performed in a climate-controlled office environment

Exposure to moderate noise levels typical of an office setting (e.g., printers, telephones, ambient noise)

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this position. Reasonable accommodations may be made to enable individuals with disabilities to perform the functions.

Application Instructions:

Interested candidates are invited to apply through this link by submitting their resume and a cover letter detailing their experience and qualifications for this position. Candidates may include any relevant project experience and why the candidate believes the candidate would meet the criteria for this position. Interested candidates are encouraged to apply as soon as possible. Applications will be accepted on an ongoing basis until the position is filled.

Additional Information:

In compliance with Colorado's Equal Pay for Equal Work Act, we are disclosing the compensation, bonuses, and benefits applicable to this role. The final salary offer may vary based on factors including experience, qualifications, and specific location within Colorado.

Ulysses Development Group is an Equal Opportunity Employer. We are committed to creating a diverse and inclusive work environment where all employees feel valued and respected. We do not discriminate on the basis of race, color, religion, sex, sexual orientation, gender identity, national origin, disability, age, protected veteran status, or any other characteristic protected by law. UDG is dedicated to providing reasonable accommodations to qualified individuals with disabilities throughout the application and hiring process. If you require assistance or accommodation due to a disability, please message Ulysses Development Group through linked in.