Department:
Affordable Investment Sales
We are Walker & Dunlop. We are one of the largest providers of capital to the commercial real estate industry, enabling real estate owners and operators to bring their visions of communities — where people live, work, shop, and play — to life. We are committed to creating meaningful social, environmental, and economic change in our communities. We believe seeking diverse talent and promoting the inclusion of all perspectives are more than moral imperatives – they are critical to our success and ability to innovate and grow.
Department Overview
Walker & Dunlop, the #1 Multifamily Finance lender in the US, with expertise in all GSE and FHA/HUD affordable financing programs, has been a major player in the affordable housing space for years. We continue to invest in our platform so we can provide our clients with unparalleled solutions for all their affordable housing needs. Our suite of services, unmatched affordable housing experience, exceptional expertise in transaction execution, and industry-leading technology are setting a new standard in affordable housing. W&D’s dedicated Affordable experts are committed to addressing the affordable housing crisis in the U.S. and is comprised of capital advisory, investment sales (dedicated to Affordable), debt financing, LIHTC equity, and preservation.
The Impact You Will Have
The primary role of the Senior Analyst is to support production members of the Walker & Dunlop Affordable Investment Sales team with financial modeling of multifamily assets along with producing institutional quality marketing materials and maintaining detailed market analysis. Candidates with a strong analytical ability, high attention to detail, and an interest to hone quantitative skills will Excel in this position.
Primary Responsibilities
- Financial analysis of affordable housing (e.g. LIHTC & Section 8) opportunities, including existing, value add, and resyndication developments using proprietary WDAIS underwriting model
- Model including assessing LIHTC eligibility, calculate Section 8 rents, and evaluate project financing structures.
- Produce rent and sale comparable reports using market data for BOVs, OMs and client research
- Stay current on federal, state, and local affordable housing policies and regulations, and advise on their impact on project development.
- Actively assist in the research, writing, and proofing of W&D Affordable Investment Sales marketing offering memorandums (OMs) and Broker Opinion of Values (BOVs) Research and maintain databases which track Investment Sales activity, construction pipeline, and other relevant real estate metrics
- Develop and maintain market knowledge through regular reading of industry trade journals, economic forecasts, and news-related periodicals
- Assist in the creation and editing of “state of the market” presentations given at national conferences and in private client meetings
- Conduct transaction coordination and due diligence coordination for the Investment Sales team
- Maintain files to ensure all mandatory disclosures are completed and sent to the appropriate parties for review and approval
- Contact interested parties to remind them of missing documents
- Provide a consistent, quality-controlled system to ensure the smooth and efficient management of all relevant steps necessary to close a deal
- Monitor and assess the progress of sales so that important deadlines are met and contingencies are released
- Provide preliminary audits of files for management review.
- Other responsibilities and duties as assigned.
- Attendance is generally 8:30 am – 5:30 pm EST Monday through Friday with the ability to work up to 2 of those days remotely.
Education and Experience
- Bachelor’s degree (Finance and/or Real Estate concentration preferred)
- 4+ years of experience in affordable housing finance, brokerage, development, acquisitions or related field.
Knowledge, Skills and Abilities
- Three to five years of experience with LIHTC modeling required.
- Experience with affordable housing funding sources, including low-income housing tax credits, HOME, FHLB, and HUD, required.
- Understanding and experience with property tax abatements & exemptions
- Must understand and ability to review real estate documents (loan documents, appraisals, comp reports, operating financials and performance).
- Client relationship management skills
- Excellent attention to detail and organizational skills
- Ability to accurately and productively handle multiple tasks during time sensitive situations
- Ability and willingness to work extended hours or weekends to meet deadlines when appropriate
- Excellent financial modeling skills including thorough knowledge of Excel
- Proficiency in MS Outlook, Excel, PowerPoint, Adobe Acrobat and Word, and ability to learn Salesforce and other company software as needed
- Advanced written and oral communication skills
- Ability to show ownership of your work, take on challenges and acknowledge growth opportunities, and demonstrate patience when learning new processes
- Courtesy, respect, and thoughtfulness in teaming with colleagues and other stakeholders
- Embodiment of the Walker Way in approach to work: caring, collaborative, tenacious, driven and insightful
This position has an estimated salary range of $75,000-$80,000.
We are accepting applicants until October 1, 2024.
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What We Offer
The opportunity to join one of Fortune Magazine’s Great Places to Work winners from 2015-2023
Comprehensive benefit options* that have earned Walker & Dunlop the silver level of the 2022 Cigna Healthy Workforce Designation™, some of which include:
- Up to 83% subsidized medical payroll deductions
- Competitive dental and vision benefits
- 401(k) + match
- Pre-tax transit and commuting benefits
- A robust health and wellness program – earn cash rewards and gain access to resources that
promote health, engagement, and balance
- Paid maternity and parental leave, as well as other family paid leave programs
- Company-paid life, short and long-term disability insurance
- Health Savings Account and Healthcare and Dependent Care Flexible Spending
Commitment to diversity, equity, and inclusion, with employee resource groups organizing activities and providing a space for open communication
Career development opportunities
Empowerment and encouragement to give back – volunteer hours and donation matching
*Eligibility may vary based on average number of hours worked
EEO Statement
We are committed to equity in all steps of the recruitment and employment experience. We believe in equal access to opportunities in our workplace. We do not tolerate discrimination, including harassment, based on any characteristic protected by applicable law, such as race, color, national origin, religion, gender identity, sexual orientation, sex, age, disability, veteran or military status, and genetic information. We strive to be a safe place to ask questions, build professional relationships, and develop careers.
SPAM
Please be wary of recruitment scams. An indication of a scam might be a request for sensitive or bank information at the time of application or emails coming from a non walkerdunlop.com email address. Please call us at 301.215.5500, if you have any concerns about information requested during or after the application process.
Fair Chance Hiring
Background checks, including any questions related to infractions, arrests, or conviction records, will not be conducted until after a conditional offer of employment has been accepted. We will consider for employment qualified applicants regardless of arrest and conviction records, in accordance with federal, state, and local laws.