Company Overview:
Civicap Partners is a real estate investment firm founded in 2018, specializing in attainable housing investment. Our client has committed in equity since its inception and manages $1.2 billion in gross assets, encompassing 5,600 units. Their product strategies include Hybrid Build-to-Rent (BTR), Urban Infill, and Urban & Suburban Garden developments, all aimed at providing high-quality, affordable housing options to middle-income households. Civicap's team comprises experienced professionals with deep expertise in real estate development and investment.
Position Overview:
Responsibilities:
- Raise joint venture equity from high quality multifamily equity partners for new development projects
- Develop and execute capital raising strategy aligned with growth and investment objectives
- Negotiate joint venture equity partnership terms and final documentation
- Oversee production of offering materials and manage investor due diligence processes
- Serve as primary point of contact for project-level investors, providing regular updates on project progress,performance, and returns
- Establish and maintain relationships with lenders, including banks, private debt lenders, and alternativefinancing sources and negotiate and close construction loans
- Assess and manage debt levels and terms to ensure risk is managed appropriately and in keeping withleverage policies, in close cooperation with Civicap portfolio management and finance teams
- Review of legal documents, including term sheets, loan agreements, partnership agreements, and offeringmemorandums
- Collaborate closely with development, acquisitions, portfolio management, and finance
- Support senior leadership in evaluating investment opportunities and strategic planning
- Stay informed on market trends, newsworthy events in the multifamily market, and key factors impactingcapital markets
Qualifications:
- Bachelors Degree in Business, Accounting, Finance, Economics, Real Estate or related field
- Preference for MBA or Masters degree with concentration in finance and/or real estate
- 10+ years of experience in multifamily development, real estate finance, multifamily sales brokerage, orsimilar related area of real estate investment and management
- Experience in closing multifamily equity transactions and construction loans
- Ability to develop and maintain high-quality relationships with equity capital sources and lenders
- Ability to independently manage numerous capitalizations and or financings simultaneously, includingoversight of junior team members and coordination with key team members
- Experience with property-level accounting and ability to analyze property financial statements
- Ability to work both independently and build consensus as part of a team
- Desire to work in an entrepreneurial environment
- Strong cultural fit