Associate, Transactions

April Housing is a leading owner and operator of high-quality affordable housing throughout the United States. Founded in 2022 and headquartered in Los Angeles, April Housing is the asset management business that oversees Blackstone's affordable housing and LIHTC portfolio. April Housing seeks to preserve critical affordable housing stock while providing best in class management and high-quality housing. April is committed to being a fair, transparent, and responsible owner.

April Housing’s long-term commitment to owning affordable housing is supported by Blackstone Funds, predominantly BREIT, a non-listed REIT. This perpetual capital vehicle provides April with a patient and flexible source of capital and plays a critical role in enabling the creation and preservation of more affordable housing. In addition to managing a growing portfolio, April Housing will ensure assets in the existing portfolio remain affordable and in compliance with all rent regulations while making significant improvements and aligning the operations with April Housing's Standards of Excellence in Residential Operations.

In its pursuit of excellence, April Housing is looking for individuals who share in its mission to provide high-quality housing to affordable residents.

April Housing is a leading owner and operator of high-quality affordable housing throughout the United States. Founded in 2022 and headquartered in Los Angeles, April Housing is the asset management business that oversees Blackstone's affordable housing and LIHTC portfolio. April Housing seeks to preserve critical affordable housing stock while providing best-in-class management and high-quality housing. April is committed to being a fair, transparent, and responsible owner.

April Housing’s long-term commitment to owning affordable housing is supported by Blackstone Funds, predominantly BREIT, a non-listed REIT. This perpetual capital vehicle provides April with a patient and flexible source of capital and plays a critical role in enabling the creation and preservation of more affordable housing. In addition to managing a growing portfolio, April Housing will ensure assets in the existing portfolio remain affordable and in compliance with all rent regulations while making significant improvements and aligning the operations with April Housing's Standards of Excellence in Residential Operations.

The Associate will support the execution of real estate transactions across Acquisitions, Dispositions, and Capital Markets workstreams. This role manages the full transaction lifecycle—from diligence through closing—while coordinating internal stakeholders, third-party consultants, and external counterparties that include property management companies and brokers. The role will also be responsible for creating and maintaining information and files across systems such as DealPath, SharePoint, and PropertyHub.

 

What you will do:

This role will support affordable housing transactions through the following functions:

I. Due Diligence

• Initial Packages - Prepare and maintain comprehensive due diligence packages, ensuring all required financial, legal, and operational materials are collected and organized for buyers in a timely manner:

  • Financial - Pull property-level financials (e.g., rent rolls, operating statements, A/R reports)

  • Legal – Request and/or complete key documents with April Housing internal counsel and Deal Leads (e.g., current and future state organizational charts, Certificates of Formation, Partnership Operating Agreements, 6460’s/1115’s, 1116’s/SREO, and credit authorizations)

  • Operational - Obtain certificates, permits, insurance, utility information, and service contract documentation from property and asset managers

• Buyer/Broker/Lender Engagement – Under direction of Deal Lead, distribute answers to Requests for Information (RFIs)

• Analysis

  • Prepare title review summaries, highlighting lien releases, encumbrances, and easement details

  • Abstract of key agreements, leases, service contracts, and regulatory restrictions

  • Track and summarize capex planning data, lien status, and compliance certificates

  • Track and summarize property financial performance throughout deal cycle

• Issue Resolution

  • Proactively identify, monitor, and resolve key risks and critical path items

  • Work closely with Deal Leads to communicate progress to counterparties

II. Closing Mechanics

• Coordinate payoff requests, taxes, prorations, utilities, lien releases, and settlement statement preparation

• Obtain payoff letters, invoices, and updated closing documents from property managers, counsel, and lenders

• Maintain the master closing checklist, ensuring all financial and operational deliverables are accurately tracked through execution

• Identify manage critical path items to meet key dates on closing timeline

• Participate in closing calls, take notes, and distribute updates to relevant stakeholders

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III. Post-Closing Reconciliation

• Track wire confirmations, closing statements, and final settlement documents

• Update and maintain closing folders with executed documents

  Follow up on outstanding post-closing items such as PMCO fund releases, escrow true-ups, and insurance cancellations

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IV. Pipeline Management

• Organize and lead transaction meetings for all stakeholders

• Update deal status within DealPath

• Update deal trackers (e.g., consents, third-party reports) with status, key dates, and critical path items

What you should have:

• Bachelor’s degree in Finance, Accounting, Real Estate, or related field.

• 2–4 years of experience in real estate transaction support, or title or paralegal fields.

• Solution oriented, and able to foster a collaborative and positive environment, and remain calm under pressure.

• Strong attention to detail, familiarity with real estate transaction processes, and experience with data and records management.

• Proficiency with Microsoft Excel, SharePoint, Box, and property management financial reporting platforms (e.g., Yardi, Resmen, and RealPage).

• Experience reviewing title reports and creating settlement statements

• Strong organizational and records management skills

• Excellent written and verbal communication skills in English

• Familiarity with LIHTC and affordable housing is a plus

Qualified applicants with arrest or conviction records will be considered for employment in accordance with the Los Angeles County Fair Chance Ordinance for Employers, the California Fair Chance Act and any other applicable city, county, or local ordinances. Good cause exists for a criminal background check because one of the material duties of this position requires access to sensitive financial information and confidential and proprietary information and accordingly requires the candidate to possess a high level of integrity and discretion. The Company faces a significant risk to its business operations or business reputation if a criminal history check is not performed. A criminal history that has a direct, adverse, and negative relationship with these material duties may potentially result in the withdrawal of a conditional offer of employment.

Base Compensation Range:

$115,000.00 To $125,000.00 Annually. This represents the presently-anticipated low and high end of the Company’s base compensation range for this position. Actual base compensation range may vary based on various factors, including but not limited to location and experience.

Total Direct Compensation:  This job is also eligible for discretionary bonus and incentive compensation on an annual basis.

Please review the job applicant privacy notice here.

EEO Statement

April Housing is an equal opportunity employer. In accordance with applicable law, we prohibit discrimination against any applicant, employee, or other covered person based on any legally recognized basis, including, but not limited to: veteran status, uniformed servicemember status, race, color, caste, immigration status, religion, religious creed (including religious dress and grooming practices), sex, gender, gender expression, gender identity, marital status, sexual orientation, pregnancy (including childbirth, lactation or related medical conditions), age, national origin or ancestry, citizenship, physical or mental disability, genetic information (including testing and characteristics), protected leave status, domestic violence victim status, or any other consideration protected by federal, state or local law. We are committed to providing reasonable accommodations, if you need an accommodation to complete the application process, please email talent@revantage.com