Director, Essential Housing
17 days ago
New York
Job Description THE POSITION Reporting to the Managing Director, the Director of Essential Housing is responsible for processing the group’s active project pipeline. The primary objective of this role is to take lead on the team’s underwriting, due diligence, and transaction execution process to help drive the team’s production capacity. What You Can Expect To Do • Take the lead on underwriting and due diligence for potential transactions alongside the team’s Associate., • Manage transaction execution once a deal has been awarded to Standard., • Successfully close transactions with the Associate and ensure smooth transition to asset management., • Work alongside the Managing Director to develop, underwrite, and innovate capital structures for the team’s acquisitions pipeline., • Work alongside investment bankers and associates to facilitate public and private bond sales in the capital markets., • Assist in negotiating the terms of acquisition with the Seller., • Prepare Letters of Intent., • Support Managing Director and VP of Community Development with government agency communication and presentations., • Present proposed transactions to the Managing Director, Co-Founders, and other senior management for approval and guidance., • Mentor and help develop analysts and associates in the department and across supporting teams for career growth and high performance., • Support the Managing Director with ad-hoc due diligence items and presentations., • Coordinate and communicate with teams across Standard, including Construction, Asset Management, Legal, and Insurance. What You Should Have • High level of multifamily due diligence experience and closing transactions, • 6+ years of experience with multifamily real estate investing and finance, • Affordable housing and tax-exempt bond experience is preferred, • Bachelor’s degree, preferably in Finance, Real Estate, or related fields, • Ambition, a strong desire to learn, to achieve, and a history of career advancement, • A strong interest in real estate and real estate investing, • Organizational skills: the ability to manage your time, focus, and communicate with clarity, • A sense of urgency, an internal clock that helps you move with purpose, • Expert in Microsoft Excel, PowerPoint, Word, • The ability to travel as needed What You Should Be • Someone who gets things done, no matter the odds. Creative and thinks outside the box., • Curious and ambitious by nature; a highly motivated person., • Highly accountable; you take ownership, follow through, meet deadlines, and care about the quality of your work product., • Courageous; willing to put yourself out there, bet on yourself, take calculated risks, and asks questions. Pushes the envelope to innovate., • A person who values hard work; you ideally learned at an early age how to put your nose down and get things done when it matters., • An independent self-starter; you don’t wait around too long looking for directions from others., • A world-class communicator, or rapidly becoming one., • Able to work collaboratively in a small team environment; willingness to “roll up your sleeves” and pitch in when and where necessary., • Ready to work in a fast-paced environment and be part of an amazing team doing valuable work. About Standard Communities Standard Communities is a leading owner, investor, and developer of affordable and middle-income housing. As one of the largest owners of affordable housing in the U.S., we believe housing is a pathway to prosperity. We deliver high-quality, sustainable homes that foster community and offer residents the opportunity to build brighter futures. With over $5 billion in assets under management and a portfolio of more than 27,000 units across 190+ properties in 21 states + Washington, D.C., our team blends nationwide scale with local expertise. As a Certified B Corporation and California Benefit Corporation, we value high performance, social responsibility, and innovation. Headquartered in Los Angeles and New York, with offices across the country, we’re driven by a shared mission: to transform housing, empower residents, and strengthen communities. At Standard Communities, we don’t just build housing—we build opportunities. If you’re passionate about real estate, community impact, and professional growth, we’d love to hear from you. At Standard Communities, we value urgency in execution, precision in our work, and empathy in our interactions. These core principles guide us in how we build, collaborate, and grow together. Standard Communities is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees. All employment is decided on the basis of qualifications, merit, and business need.