San Francisco, CA
Salary Estimate: $75,000.00 - $99,999.00
Employment Type: Full Time
Work Place: Office
Experience Required: 1+ to 2 years
Education Required: 4 Year College
Job Description
COMPANY:
Reliant Group Management (“Reliant”) is a San Francisco-based real estate private equity firm nationwide that focuses on market-rate and affordable housing. Since our formation over twenty years ago, Reliant has acquired over $2.6 billion of real estate assets. We have worked closely with a wide variety of sellers in the acquisition and disposition of loans and real estate, including private sellers, bankruptcy courts, banks, foreign corporations, mutual funds, hedge funds, and governmental entities, including the U.S. Department of Housing and Urban Affairs.
We began to focus on the acquisition and operation of multifamily housing. Our successful track record includes acquiring over 18,000 units of multifamily housing since 1999, at a cost of more than $1.7 billion. We have raised a series of discretionary investment funds to acquire both affordable and market-rate multifamily assets throughout the country. Our current portfolio comprises 77 assets across the country, totaling approximately 14,000 units.
In addition, Reliant is an active developer of Section 42 LIHTC properties, having completed the market and successfully completed the syndication and renovation of 36 properties under the LIHTC program totaling $1.3 billion in total capitalization, many, including 100% HAP contracts that were modified, or restructured as part of the tax credit renovation. The acquisitions team will invest the firm’s tenth fully discretionary equity fund (+$250MM). No outside approvals are required for our acquisitions; all investments are approved internally.
LOCATION:
- Underwrite a significant number of assets
- Survey properties and markets
- Prepare rental comp analyses
- Manage due diligence
- Complete detailed research of various affordable housing programs
- Track affordable housing pipeline
- Perform property ownership research
- Complete market analysis and forecasting
- Participate in the weekly acquisitions meeting with the CEO, President and CAO
- 1+ years of experience in the multifamily sector is preferred, but we will consider experience in a related field
- BA in Finance, Real Estate, Economics, or related field
- Superior work ethic, professional integrity, responsibility, and ability to learn quickly
- Ability to thrive in a fast-paced environment and work on multiple projects simultaneously
- Entrepreneurial attitude and team-oriented personality
- Passion for real estate
- Strong analytical and communication skills with the ability to effectively communicate recommendations directly to other team members
- Commitment to excellence and attention to detail
- Advanced MS Excel users are preferred.
COMPENSATION & JOB TITLE: Competitive compensation and title based on experience.
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