Oversight and facilitation of the equity contribution process, specifically for Final Closing and Stabilization
Participate in hand-off meetings with the Construction Risk Manager once a property transitions to the lease-up phase
Communicate regularly with the team on monthly lease-up progress and achievement of 100% qualified occupancy
Manage the debt service coverage calculation and communication of the equity adjusters with the developer partner
Review sources and uses for conversion from construction to permanent financing and verify compliance with terms of partnership agreement
Complete the DCR Test report using RBC’s underwriting standards
Verify compliance with terms of partnership agreement as it relates to construction completion guarantee

Bachelor’s degree, preferably in Finance, Economics, Accounting, or Real Estate/Urban Planning
MBA or master’s in finance, Accounting or Real Estate preferred
Experience in affordable housing, tax credit syndication, transaction processing, or real estate underwriting activities and financial modeling
Key skills include real estate concepts, financial analysis, and strong organization and prioritization
Proficiency in MS-Outlook, MS-Excel and MS-Office applications
Excellent verbal and written communication skills are essential

Multi-Family Real Estate Portfolio/Development Analyst/Associate

Key skills