Join one of California's most dynamic and results-driven affordable housing development teams. We move fast, close deals, and build communities that matter — and we want driven team members alongside us prepared to do excellent work. We’re a team of experienced professionals that work to identify and implement timely and cost-effective solutions to provide quality homes for thousands of people. Over the three decades that we’ve been doing business, we have been consistently recognized as a top developer, as well as received achievements in energy, merit, master planning, and projects.

What You’ll Be Doing

An employee in this role will assist the Development and the Acquisitions Department with various tasks related to new project acquisition activities including research, analysis, management of existing data management systems, tracking of key dates, engaging and managing third party consultants, and other activities as assigned by the Senior Development Manager.

Additionally, your tasks will include, but not be limited to:

Support the evaluation, underwriting, and acquisition of affordable multifamily housing opportunities, including project scoring, financing research, site analysis, due diligence, and preparation of materials for investment review.
Conduct market, property, and site research to evaluate prospective developments, including comparable rents and sales, amenities, demographics, absorption, competitive pipelines, opportunity-area designations, transit access, school data, hazard overlays, and other relevant site characteristics.
Coordinate key aspects of the acquisition and due diligence process, including LOIs and PSAs, transaction milestones, contingency periods, deposits, closing requirements, and third-party reports such as appraisals, market studies, environmental assessments, surveys, geotechnical reports, and capital needs assessments.
Support project underwriting, budgeting, and financing activities by coordinating operating expense assumptions, insurance quotes, project cost and SOV information, financing sources, and other documentation required throughout the acquisition and development process.
Maintain accurate and timely project, acquisition, and pipeline information within DealPath, Project Workbooks, Yardi Matrix, and other internal systems to support reporting, decision-making, and visibility into active and prospective development opportunities.
Coordinate with internal teams, external consultants, architects, lenders, syndicators, attorneys, sellers, agencies, and other project partners to advance acquisition and development activities, resolve outstanding items, and keep projects progressing toward established milestones.
Prepare and coordinate presentations, reports, marketing materials, and project information packages for executive leadership, prospective buyers, financing agencies, municipalities, and other stakeholders, clearly communicating project strategy, market positioning, and key development considerations.
Support the broader acquisition and development lifecycle, including architectural selection, entitlements and permitting, tax credit and bond application tracking, regulatory research, site tours and agency meetings, while identifying opportunities to improve processes and established SOPs

What You’ll Need to Perform the Role

Bachelor’s degree in real estate, business, finance, economics, public administration, community development, planning, or a related field, plus at least two years of relevant experience in affordable housing, community development, urban planning, finance, or real estate development; an equivalent combination of education, training, and experience may be considered.
Knowledge of affordable multifamily housing and the real estate development process, with a genuine interest in building a career within the affordable housing industry.
Highly organized and detail-oriented, with strong time-management skills and the ability to prioritize multiple assignments, meet deadlines, and maintain accuracy in a fast-paced, evolving environment.
Proactive, resourceful, and solutions-oriented, with strong research and problem-solving skills, sound independent judgment, personal accountability, and the ability to adapt effectively to changing priorities.
Strong interpersonal, written, and verbal communication skills, with the ability to collaborate effectively with diverse internal and external stakeholders, handle confidential information with integrity, and proficiently use Microsoft Office, including Excel, Word, PowerPoint, and Outlook.

You’ll also need the following attributes:

Extremely organized with ingrained ability to prioritize and multi-task in a fast-paced environment
Keen attention to detail with focused adherence to strict deadlines and procedures
Sound problem-solving skills with demonstrated ability to exercise sound independent judgment
High level of integrity and dependability, including handling sensitive and confidential information
Teamwork mindset and temperament to work effectively with a diverse group of people
Effective ability to communication clearly and concisely, both verbally and in writing
Personal accountability and enthusiasm for achieving company goals

What’s in it for You

Chelsea’s people are at the core of everything we do. We offer meaningful careers competitive salaries, annual bonus packages, and an energetic office environment.

We take the well-being of our team members seriously; thus, providing an attractive benefits and perks package to meet the needs of all our employees. This package includes, but is not limited to:

Medical (HMO, PPO, HDHP/HSA plans available)
Dental (HMO and POS)
Vision
FSA
Company sponsored Disability and Life insurance
401K plan participation with company match
Paid Time Off (PTO)
Opportunities for professional development
Hybrid working environment
Flexible work schedule as business needs permit
Company-wide events

Hiring Range

Salary of $27.00-$32.00/hr, depending on qualifications.

The pay range for this position starts as listed in the job posting but may change based on education and experience. Final compensation is determined by various factors, such as education, training, experience, work location, required travel (if any), and external market conditions. In addition to salary, we offer a comprehensive benefits package, including health insurance, 401(k), paid time off including a generous holiday schedule.

Learn more about this Employer on their Career Site

Acquisitions Development Coordinator