Company Description

You used to know us as "Aimco Apartment Homes" but now we're called "AIR Communities!" Though the company has changed, our approach to property management has not. We will continue to do whatever it takes to make our residents feel at home - it's just in our nature! We are still passionate about providing quality apartments homes, in a respectful environment, across twenty key markets in the USA. We are a publicly traded Real Estate Investment Trust (REIT), who has, for more than 25 years, built its business around a relentless focus on our customer and our award-winning culture.

Job Description

The Senior Director of Transaction Management will act as a “Quarterback” for AIR Communities’ Investment team, working to ensure the many details associated with a large transaction are executed in an effective and efficient manner. Serving as a program manager, this person will partner with various groups within the organization to collect and organize relevant transactional information.

Responsibilities:

• Prepares, recommends, and implements a portfolio-wide transaction strategy for acquiring and disposing of real estate properties.
• Creates and executes real estate transaction plans in alignment with the company’s strategic goals.
• Partners with Finance, Operations, and other business groups to initiate project planning, scope definition, assignment prioritization, and adherence to company priorities, commitments, and milestones. 
• Coordinates field resources and other stakeholders in the takeover of new properties.
• Reviews, analyzes, and interprets complex financial models including book and cash flow projections, NPV (net present value), and/or IRR (internal rate of return). 
• Develops robust reporting and presentations for senior leadership and investors. 
• Closely tracks and monitors all transaction activity, including initial evaluation, underwriting, due diligence, closing, onboarding, and stabilization.

Qualifications

• Bachelor’s degree in business, finance or related field.
• Eight or more years’ experience in Real Estate Transactions, with a deep understanding of the transaction process and structures (O.P. Units, JV’s, Waterfalls, Partnership Agreements, etc.). 
• Ability to analyze complex business/financial data and develop innovative solutions.
• Understanding and exposure to the Operations onboarding process.
• Excellent communication, and collaboration skills.
• Proven ability to create effective presentations on complex topics, adjusting style to meet the needs of various audiences. 

Additional Information

AIR offers attractive total compensation packages designed to recognize and reward performance at the individual, team and company levels. We start with a competitive base salary and add bonus opportunities and benefit choices topped off with:

• Expected pay range of $140,000 - $175,000 plus 30% bonus potential. You will be provided a pay rate that is in line with your skills and experience as they relate to the requirements of the job.
• Medical, dental, vision, and life insurance options available. HSA with company sponsored contributions, FSA (traditional and dependent care FSA).
• Short and long-term disability paid by the company.
• 401(K) and Employee Stock Purchase Plans.
• Paid Vacation, 9 Paid Holidays, Wellness Bonus Days, and Paid Sick Time.
• Tuition Assistance Program.
• Commuter Benefits and Pet-Insurance.
• Up to 100% Reimbursement on Professional Certification/Licensing for Job Related Curriculums.
• Discounted Rent at AIR communities (certain exclusions apply, and an application is required).
• Paid parental leave of up to 16 weeks, following the birth or adoption of a child.
• Consumer discounts from various products and services including travel planning, wireless phones, health and fitness, home appliances, and more.
• 10 hours of paid time annually to give-back to your community.
• Opportunities for professional development and career growth including realistic job previews, in person and virtual leadership training, and performance improvement courses.

AIR values diversity and provides equal employment opportunities to all employees and applicants for employment. AIR prohibits discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state or local laws.