Transaction Manager

Job Description

Job Description

Salary : $120,000 - $140,000

Job Summary :

Preservation Equity Fund Advisors (PEFA) seeks a Transaction Manager for its growing private equity fund business. PEFA is dedicated to preserving Affordable housing nationwide through the acquisition of existing apartment communities that serve low-income residents. The Transaction Manager will join a collaborative group of real estate professionals and work to ensure Affordable housing transactions close on time and within process. This role requires someone who is a self-starter and well versed in underwriting analysis, relationship management, and project management.

Key Responsibilities :

• Source and close debt financing for all acquisitions - primarily from Freddie Mac, Fannie Mae, or HUD through various existing lender relationships
• Review soft quotes, lender applications, loan commitments, and other lender forms for key business terms and with a fiduciary mindset towards representing the interests of PEFA
• Analyze acquisitions for loan sizing using rent rolls, DSCR, LTV, NOI, and other financial metrics
• Satisfy all lender due diligence requirements in coordination with the acquisition, asset management, and legal teams
• Drive the closing process and ensure transactions meet deadlines
• Manage debt maturities for all properties in portfolio and provide yield maintenance / defeasance calculations as needed
• Assist with third-party report coordination, due diligence tasks and preparation of investment committee materials

Key Qualifications :

The above information is intended to describe the general nature and level of work being performed by employees assigned to this job. It is not intended to be an exhaustive list of all responsibilities, duties, and skills required.

Benefits & Opportunities :

The compensation listed represents the expected salary for this position. A candidate's work experience and other job-related factors will also be considered.