Vice President, Capital Markets
Location: Los Angeles, CA
Sector: Affordable Housing / LIHTC
Employment Type: Full-Time
The Opportunity
A well-capitalized, rapidly growing Affordable Housing development platform is seeking a Vice President of Capital Markets to join its Los Angeles-based team.
The company is actively scaling its development pipeline and is looking for an experienced capital markets professional to take a leadership role across debt, equity, LIHTC transactions & project closings.
Reporting directly to the executive leadership team, this individual will become a key point person across the company's capital markets function. They will work closely with development, acquisitions, investors, lenders, syndicators & JV partners to successfully move projects from initial underwriting through financial closing.
This is an opportunity for someone with strong technical LIHTC knowledge who wants to move into a highly visible role within a mission-driven developer focused on delivering housing at scale.
Key Responsibilities
- Lead the capital markets & closing process for new Affordable Housing developments
- Manage transactions from development/acquisition handoff through successful financial closing
- Coordinate debt, tax credit equity & other project-level capital sources
- Manage project proformas throughout underwriting, financing & closing
- Evaluate different debt & equity structures to optimize project capitalization
- Serve as a key point of contact for lenders, tax credit investors, syndicators & JV partners
- Prepare investment materials & support presentations to Investment Committee
- Manage financial reporting & transaction requirements for institutional JV partners
- Participate in investor, lender & capital partner calls
- Work closely with internal development, acquisitions, finance & analyst teams
- Identify transaction risks, sensitivities & potential solutions throughout the closing process
- Act as a senior internal resource on LIHTC structures, investor requirements & Affordable Housing finance
- Provide leadership & mentorship to junior team members supporting transaction execution
Ideal Experience
- 7+ years' experience across Affordable Housing, LIHTC, real estate finance or capital markets
- Strong understanding of LIHTC transactions & new construction Affordable Housing
- Experience working on multiple project closings from underwriting through execution
- Background across debt & equity financing, ideally including tax credit equity
- Strong underwriting, financial analysis & real estate proforma experience
- Advanced Excel capabilities
- Experience reviewing developer proformas from an investor, lender or development perspective
- Exposure to Investment Committee processes, including preparing materials and/or presenting transactions
- Strong understanding of what institutional investors, tax credit investors & lenders require to successfully close transactions
The Person
The successful candidate will combine technical depth with strong communication skills.
The company already has strong analytical capabilities internally. This hire needs to be equally comfortable working through a complex proforma and representing the company in a conversation with an investor, lender or JV partner.
They are looking for someone who is:
- Commercial & relationship-oriented
- Confident presenting to senior internal & external stakeholders
- Highly analytical while remaining solutions-focused
- Comfortable taking ownership of complex transactions
- Able to operate independently within a fast-growing environment
- Collaborative & interested in developing junior team members
- Passionate about Affordable Housing & the underlying mission of creating housing
