Acquisitions Project Manager

Description

We make good investments in our people, properties, tenants, and company.

This is a hybrid position that will need to be in our Westlake, CA office 3 days per week.

CCI is a nationwide full-service real estate platform focused on acquisition, asset management, property management and development. Our current property portfolio consists of around 8,000 apartments and townhomes, with a focus on providing affordable housing for seniors and persons with disabilities. We also own and manage a diverse and growing portfolio of other real estate assets covering traditional multifamily rentals, office and light industrial uses. CCI employs around 400 associates in 30 states across the country – and we’re growing!

As we enter the next phase of our company’s growth, we’re looking for associates who can help us optimize our existing management platform (systems, tools and processes), better leverage technology, and maintain our reputation for excellence. We are looking for ambitious self-starters who aren’t afraid to dig in. We value excellent communication and collaboration, and we reward those who challenge the status quo to find better ways of doing things. We believe that people learn best by doing – so although we offer a full range of classroom learning and structured training paths, we prioritize hands on experience and self-directed development.

We’re proud of the people-first company culture we’ve built over the past two and a half decades – we’ll stretch and challenge you, and we’ll let you be you. We Say Yes to Uniqueness: We are proud to be an Equal Employment Opportunity (EEO) employer. Our commitment to equal opportunity extends to all applicants and employees, regardless of national origin, race, sex, gender, sexual orientation, age, disability, or any other class protected by the laws in the states where we operate.

Basic Functions

This role is responsible for managing the full lifecycle of multifamily real estate transactions, from acquisition through post-closing and stabilization. The position involves coordinating with internal teams, lenders, government agencies (including HUD), and external stakeholders to ensure timely and compliant closings. Key responsibilities include preparing and submitting LIHTC applications, managing due diligence and escrow processes, securing financing and tax incentives, maintaining legal entity structures, and overseeing post-closing activities such as construction monitoring and investor reporting. The ideal candidate will bring strong project management skills, a deep understanding of affordable housing finance, and the ability to navigate complex regulatory requirements while fostering collaborative relationships across departments and with outside partners.

Responsibilities

Transaction Management

• Coordinate with the Acquisitions team to ensure timely closing of all new business in escrow.
• Provide escrow and title companies with all necessary information for closing or refinancing.
• Gather and review all due diligence documentation during inspection periods.
• Arrange all required physical inspections, including appraisals, PSNAs, and due diligence reviews for acquisitions or refinancing.
• Obtain loan extensions when applicable.
• Obtain HAP (Housing Assistance Payment) contract assignments from HUD.
• Complete due diligence and acquisition due diligence reports for all transactions.
• Complete executive summaries for purchases, sales, ownership changes, or refinance transactions.
• Communicate effectively with sellers and brokers during acquisitions.
  
  

HUD & Government Compliance

• Create and submit Transfer of Physical Asset (TPA) packages to HUD.
• Prepare and submit HUD Form 2530s for ownership or management changes, or upon request.
• Submit documentation to HUD for approvals, including organizational documents, Affirmative Fair Housing Marketing Plans, financial data, and property information.
• Submit management agent documentation to HUD or local housing authorities for approval.
• Work efficiently with HUD to secure approvals for ownership and management structures.
  
  

Tax Credit & Grant Programs

• Analyze, prepare, and submit 4% and 9% LIHTC applications.
• Track and submit equity pay-in packages to ensure timely fund disbursement.
• Manage all phases of tax abatement and PILOT (Payment in Lieu of Taxes) programs for new acquisitions and refinancing.
• Research and evaluate grant opportunities (e.g., weatherization, HOME, FHLB, CDBG) to support portfolio development.
• Create and submit placed-in-service packages.
  
  

Lender & Investor Relations

• Maintain strong relationships with lenders by providing timely documentation during loan underwriting.
• Communicate with private investors and tax credit equity partners as necessary.
• Complete and submit documentation necessary to obtain construction and permanent financing.
  
  

Post-Closing Project Management

• Serve as project manager for tax credit projects post-closing.
• Monitor construction budgets and coordinate construction draw requests.
• Assist accounting with cost certification.
• Ensure compliance with eligible basis expectations.
  
  

Financial Oversight & Modeling

• Create and understand acquisition financial models.
• Oversee investment performance and participate in management of other portfolio investments as directed.
  
  

Collaboration & Cross-Department Coordination

• Work with property management and accounting departments to ensure smooth transitions for acquisitions or refinances.
  
  

General Responsibilities

• Perform other related duties as assigned.
• Maintain regular and punctual attendance as an essential job responsibility.
  
  

Required Experience & Skills

• 2+ years of progressively responsible experience in real estate development, with at least 1 year in affordable or supportive housing.
• Proven track record of managing full-cycle affordable housing development projects.
• Experience leading development initiatives during periods of organizational growth or geographic expansion.
• Strong financial acumen with experience managing complex project budgets and funding sources.
• Exceptional leadership, negotiation, and communication skills.
• Demonstrated ability to cultivate partnerships in new markets and support long-term organizational growth strategies.
  
  

Skills

• Takes initiative: seeks to understand the goal, develops a plan, and delivers
• Inquisitive: asks good questions & pieces together information from multiple sources
• Tech-savvy: comfortable with new tech – keen to use technology to deliver faster, better results
• Excellent Communication: able to communicate effectively with stakeholders at all levels, verbally and in writing
• Project Planning & Execution: comfortable with developing a scope of work, obtaining proposals, negotiating with vendors and overseeing execution
• Detail oriented: sees the big picture, but understands & appreciates that the details matter
• Strong Time Management: able to balance multiple competing priorities
• Excellent Interpersonal Skills: builds strong relationships and leverages those relationships to deliver great outcomes
• Professionalism: calm, cool, collected - unflappable, even under pressure
• Numerate: able to understand financials and manage a P&L at a property and portfolio level
• Problem Solving: solutions oriented, getting as close to a ‘win for all’ as we can
• Flexible & Adaptable: willing to go the extra mile, adapts well to changing circumstances
• Exercises Good Judgment: considers multiple perspectives, weighs up risks, and makes a decision
• Decisive: comfortable making decisions with incomplete or imperfect information
  
  

Physical Demands

• Sedentary: sitting most of the time
• Physical: frequent use of laptop computer, keyboard, mouse and tablet
• Travel: Approximately 15% for site visits throughout United States
• Visual: frequent use of computer monitor and tablet
  
  

Qualifications

Why Join Us:

CCI's approach is simple: we invest in our people. Our culture emphasizes long-term career development. We provide continuous job-specific training, resources, and support to maximize our employees' learning opportunities, making them our most valuable asset.

We Say Yes to Uniqueness

We are proud to be an Equal Employment Opportunity (EEO) employer. Our commitment to equal opportunity extends to all applicants and employees, regardless of national origin, race, sex, gender, sexual orientation, age, disability, or any other class protected by the laws in the states where we operate.

What We Offer

We offer a comprehensive compensation and benefits package, a commitment to work-life balance, and ongoing career development opportunities.

Benefits & Perks

• 10 holidays per year
• Paid Time Off (PTO)
• Medical, dental & vision insurance
• Basic life insurance & supplemental benefits
• HSA/FSA
• Employee Assistance Program (EAP)
• 401(k) Plan
• Other rewards throughout the year
  
  

How We Hire

CCI is committed to finding the best talent to embody our Credo and grow with the Company. Our hiring timeline may vary based on the position you're applying for.

Begin your journey with us today by submitting your resume or completing an online application!