Careers at BGC Advantage

DEPARTMENT: Development                
JOB TITLE/POSITION: Coordinator

SUMMARY OF POSITION

The Development Coordinator will assist the Development Division staff in carrying out the project day to day activities including but not limited to the work associated with the acquisition, financing and development of multi-family, mixed-use and single-family projects with an emphasis on public housing and non-profit partners.  The Development Coordinator will provide management of development projects from concept to stabilization. Success within the position will depend on one’s ability to develop partnerships with property owners, developers, lenders, third party providers, and investors.  Ability to work on several projects simultaneously while providing administrative support to housing development staff is essential. Strong emphasis on working independently as well as in a team.

GENERAL DUTIES AND RESPONSIBILITIES

• Manage project day to day activities as assigned
• Promote and ensure BGC core values are in place and subscribed to throughout the division
• Assist in evaluating project performance regularly to ensure performance measures are met
• Work with leadership to develop and ensure a successful strategic process is in place
• Build positive working relationships with BGC clients and ensure customer satisfaction

ESSENTIAL DUTIES

• Research potential new development opportunities in existing or new market areas related to multi-family, mixed-use or single-family properties
• Assist in timing related to closings for acquisition, construction, and permanent financing
• Develop timelines and matrix to track development milestones
• Oversee project performance through management of development budgets and critical path schedules
• Research the feasibility of renovation/redevelopment projects. Tasks include but are not exclusive to researching property ownership, title and liens, zoning, and environmental issues
• Assist in coordination of third-party professional services, including, but not limited to, surveyors, architects, market analysts, cost estimators, and environmental professionals
• Assist in preparation of financing applications for affordable housing, mixed-use and market-rate housing developments
• Coordinate the local approval process for real estate projects such as zoning approval, plan approval and landmarks approval
• Maintain a database of client and project data
• Assist in all aspects of project due diligence along with equity and loan closings
• Participate in project and construction meetings and development finance meetings in order to document meeting minutes and next steps for each project
• Assist development staff in expanding acquisition or client target list
• Coordinate property closings with title company and maintain records of each transaction
• Maintain working knowledge of guidelines, policies, and procedures for state housing finance agencies, HUD, FHLB, RD, and other low-income housing funding partners
• Knowledge of applicable regulatory and statutory requirement for development in applicable locality
• Other duties as assigned

QUALIFICATIONS

• Bachelor’s degree (or equivalent work experience), with a preference in Bachelor of Science/Business Administration, Finance, Accounting, Construction Management; Engineering; Mechanical Engineering; Civil Engineering, Community Planning or other Development related fields
• Candidates must possess the ability to collaborate effectively with public and private officials during the life of a transaction
• Excellent writing skills and proficiency in preparing written reports and business correspondence.
• Excellent oral communication and public speaking skills
• Resourceful and innovative with an ability to “think on your feet”
• Working knowledge of guidelines, policies, and procedures for state housing finance agencies, HUD, FHLB, RD, and other low-income housing funding partners
• Must be proficient in Microsoft Office 365 suite of programs including spreadsheet analysis (Microsoft Excel) and proficient in word processing (Microsoft Word). Knowledge of Microsoft Access and Microsoft Publisher is a plus.
• Must be self-motivated, able to work independently to meet objectives with minimal supervision
• Must possess leadership, team building, and negotiation skills
• Portray a professional manner and quality in all business interactions
• Ability to work with people of all racial, ethnic, and economic backgrounds
• Ability and willingness to attend and provide information at meetings on evenings and weekends
• Availability and willingness to work flexible schedule including evenings and weekends; local travel and some out-of-town travel required
• Driver’s license

Preferred Skills and Abilities

• Familiarity with affordable housing development in the public or non-profit sector
• Knowledge of public and private affordable housing finance programs
• Ability to work well independently, but also to appreciate the value of operating within a team
• High aptitude for problem-solving in complex transactions with multiple parties; an ability to develop creative solutions and successful implement tasks to achieve the desired outcome
• Organized approach to project management, including a strong attention to detail and the ability to manage multiple tasks simultaneously
• Wise decision-making capability during time-sensitive and ambiguous situations
• Highly adaptable to continuous change within a dynamic industry; thrives in seeking innovation and possesses an eagerness to try new approaches for organizational and individual improvement
• Able to use Google Earth and Mapping software to map sites, QCT, and DDA
• Strong financial, analytical, communication, and organizational skills

PHYSICAL DEMANDS 

Ability to operate a computer and keyboard. Ability to operate a motor vehicle or equipment. May require reaching, standing, walking, fingering, grasping, and feeling, and the ability to lift or move objects up to 20 pounds. May require vocal communication for expressing or exchanging ideas, hearing to perceive information at normal spoken word levels, visual acuity for color perception, preparing and analyzing written or computer data, determining the accuracy and thoroughness of work, and observing general surroundings and activities.

WORKING CONDITIONS 

Availability for extended hours during peak periods and attendance at evening and week-end meetings. Exposure to inside and outside environmental conditions. The office is in a smoke-free facility. The Office is a Drug Free environment.

 EQUAL OPPORTUNITY

BGC Advantage is an Equal Opportunity Employer.

Apply Here

DEPARTMENT: Development                
JOB TITLE/POSITION: Paralegal

SUMMARY OF POSITION

The Development Paralegal will assist the Development Division staff in carrying out the project day to day activities including but not limited to the work associated with the acquisition, financing and development of multi-family, mixed-use and single-family projects with an emphasis on public housing and non-profit partners. The Development Paralegal will provide management of development projects from concept to stabilization. Success within the position will depend on one’s ability to develop partnerships with property owners, developers, lenders, third party providers, and investors.  Ability to work on several projects simultaneously while providing administrative support to housing development staff is essential. Strong emphasis on working independently as well as in a team.

GENERAL DUTIES AND RESPONSIBILITIES

• Manage project day to day activities as assigned
• Promote and ensure BGC core values are in place and subscribed to throughout the division
• Assist in evaluating project performance regularly to ensure performance measures are met
• Work with leadership to develop and ensure a successful strategic process is in place
• Build positive working relationships with BGC clients and ensure customer satisfaction

ESSENTIAL DUTIES

• Research potential new development opportunities in existing or new market areas related to multi-family, mixed-use or single-family properties
• Assist in timing related to closings for acquisition, construction, and permanent financing
• Develop timelines and matrix to track development milestones
• Oversee project performance through management of development budgets and critical path schedules
• Research the feasibility of renovation/redevelopment projects. Tasks include but are not exclusive to researching property ownership, title and liens, zoning, and environmental issues
• Assist in coordination of third-party professional services, including, but not limited to, surveyors, architects, market analysts, cost estimators, and environmental professionals
• Assist in preparation of financing applications for affordable housing, mixed-use and market-rate housing developments
• Coordinate the local approval process for real estate projects such as zoning approval, plan approval and landmarks approval
• Maintain a database of client and project data
• Assist in all aspects of project due diligence along with equity and loan closings
• Participate in project and construction meetings and development finance meetings in order to document meeting minutes and next steps for each project
• Assist development staff in expanding acquisition or client target list
• Coordinate property closings with title company and maintain records of each transaction
• Maintain working knowledge of guidelines, policies, and procedures for state housing finance agencies, HUD, FHLB, RD, and other low-income housing funding partners
• Knowledge of applicable regulatory and statutory requirement for development in applicable locality
• Other duties as assigned

QUALIFICATIONS

• Bachelor’s degree (or equivalent work experience), with a preference in Bachelor of Science/Business Administration, Finance, Accounting, Construction Management; Engineering; Mechanical Engineering; Civil Engineering, Community Planning or other Development related fields
• Candidates must possess the ability to collaborate effectively with public and private officials during the life of a transaction
• Excellent writing skills and proficiency in preparing written reports and business correspondence.
• Excellent oral communication and public speaking skills
• Resourceful and innovative with an ability to “think on your feet”
• Working knowledge of guidelines, policies, and procedures for state housing finance agencies, HUD, FHLB, RD, and other low-income housing funding partners
• Must be proficient in Microsoft Office 365 suite of programs including spreadsheet analysis (Microsoft Excel) and proficient in word processing (Microsoft Word). Knowledge of Microsoft Access and Microsoft Publisher is a plus.
• Must be self-motivated, able to work independently to meet objectives with minimal supervision
• Must possess leadership, team building, and negotiation skills
• Portray a professional manner and quality in all business interactions
• Ability to work with people of all racial, ethnic, and economic backgrounds
• Ability and willingness to attend and provide information at meetings on evenings and weekends
• Availability and willingness to work flexible schedule including evenings and weekends; local travel and some out-of-town travel required
• Driver’s license

Preferred Skills and Abilities

• Familiarity with affordable housing development in the public or non-profit sector
• Knowledge of public and private affordable housing finance programs
• Ability to work well independently, but also to appreciate the value of operating within a team
• High aptitude for problem-solving in complex transactions with multiple parties; an ability to develop creative solutions and successful implement tasks to achieve the desired outcome
• Organized approach to project management, including a strong attention to detail and the ability to manage multiple tasks simultaneously
• Wise decision-making capability during time-sensitive and ambiguous situations
• Highly adaptable to continuous change within a dynamic industry; thrives in seeking innovation and possesses an eagerness to try new approaches for organizational and individual improvement
• Able to use Google Earth and Mapping software to map sites, QCT, and DDA
• Strong financial, analytical, communication, and organizational skills

PHYSICAL DEMANDS 

Ability to operate a computer and keyboard. Ability to operate a motor vehicle or equipment. May require reaching, standing, walking, fingering, grasping, and feeling, and the ability to lift or move objects up to 20 pounds. May require vocal communication for expressing or exchanging ideas, hearing to perceive information at normal spoken word levels, visual acuity for color perception, preparing and analyzing written or computer data, determining the accuracy and thoroughness of work, and observing general surroundings and activities.

WORKING CONDITIONS 

Availability for extended hours during peak periods and attendance at evening and week-end meetings. Exposure to inside and outside environmental conditions. The office is in a smoke-free facility. The Office is a Drug Free environment.

 EQUAL OPPORTUNITY

BGC Advantage is an Equal Opportunity Employer.

Apply Here

DEPARTMENT: Development
JOB TITLE/POSITION: Development Associate

SUMMARY OF POSITION

The Development Associate will assist the Development Project Manager(s) and Development Coordinator(s) in organizing BGC day-to-day project related activities. The Development Associate’s tasks include monitoring project plans, schedules, work hours, budgets, and expenditures, organizing and participating in stakeholder meetings, and ensuring that project deadlines are met in a timely manner.  Must work on tight deadlines, be competent in using Microsoft Office applications, such as Word and Excel, and have exceptional verbal, written, and presentation skills.

General Duties and Responsibilities

• Assist Development leadership and staff with project day-to-day activities as assigned
• Promote and ensure BGC core values are in place and subscribed to throughout the division
• Work as part of the BGC development team to ensure project performance measures are met
• Build positive working relationships with BGC clients and ensure customer satisfaction

Essential Duties

• Maintain and monitor project plans, project schedules, work hours, budgets, and expenditures
• Organize, attend, and participate in conference meetings
• Document and follow-up on important actions and decisions from meetings
• Prepare necessary presentation materials for meetings
• Ensure project deadlines are met
• Assist with project changes
• Provide administrative support as needed
• Undertake project tasks as required
• Assist with developing project strategies
• Ensure projects adhere to frameworks and all documentation is maintained appropriately for each project
• Ensure stakeholder views are managed towards the best solution
• Provide support in facilitating meetings where appropriate and distribute minutes to all project team members
• Create a project management calendar for fulfilling each goal and objective

 Qualifications

• Bachelor’s degree in finance, urban planning, real estate, (or equivalent work experience)
• Candidates must possess excellent oral and written communication skills and the ability to work with public and private officials during the life of a transaction
• Excellent writing skills and proficiency in preparing written reports and business correspondence
• Excellent oral communication and public speaking skills
• Working knowledge of spreadsheet analysis (Microsoft Excel) and proficient in word processing (Microsoft Word). Knowledge of Microsoft Access and Microsoft Publisher is a plus.
• Working knowledge of guidelines, policies, and procedures for state housing finance agencies, HUD, FHLB, RD, and other low-income housing funding partners
• Must be self-motivated, able to work independently to meet objectives with minimal supervision, and innovative
• Emotional maturity, team building, and negotiation skills
• Ability to work with people of all racial, ethnic, and economic backgrounds
• Availability and willingness to work flexible schedule including evenings and weekends; local travel and some out-of-town travel required
• Ability and willingness to attend and provide information at meetings on evenings and weekends
• Portray a professional manner and quality in all business interactions
• Driver’s license

Preferred Skills and Abilities

• Familiarity with affordable housing development in the public or non-profit sector
• Knowledge of public and private affordable housing finance programs
• Ability to work well independently, but also to appreciate the value of operating within a team
• High aptitude for problem-solving in complex transactions with multiple parties; an ability to develop creative solutions and successful implement tasks to achieve the desired outcome
• Be able to use Google Earth and Mapping software to map sites, QCT, and DDA
• Software experience with Office 365 suite of programs including Teams

PHYSICAL DEMANDS 

Ability to operate a computer and keyboard. Ability to operate a motor vehicle or equipment. May require reaching, standing, walking, fingering, grasping, and feeling, and the ability to lift or move objects up to 20 pounds. May require vocal communication for expressing or exchanging ideas, hearing to perceive information at normal spoken word levels, visual acuity for color perception, preparing and analyzing written or computer data, determining the accuracy and thoroughness of work, and observing general surroundings and activities.

WORKING CONDITIONS 

Availability for extended hours during peak periods and attendance at evening and week-end meetings. Exposure to inside and outside environmental conditions. The office is in a smoke-free facility. The Office is a Drug Free environment.

EQUAL OPPORTUNITY

BGC Advantage is an Equal Opportunity Employer.

Apply Here

SUMMARY

BGC Advantage is seeking an experienced individual with affordable housing and/or LIHTC experience to underwrite low income housing tax credit investments. Extensive knowledge of LIHTC (Low Income Housing Tax Credits) along with strong financial analysis skill is required.

RESPONSIBILITIES

Underwrite tax credit investments as assigned by the Originator including completion of the following underwriting tasks: sponsorship analysis, market analysis, sources and uses and capital structure analysis, income and expense underwriting, and tax credit documentation analysis. As part of processing of each transaction, obtain due diligence materials from client, conduct site visits as needed, review project loan documents and LP agreement for material business terms, participate with the originator in conference calls with the customers, prepare and present requests for investment committee approval including narrative descriptions, charts, graphs and tables illustrating pertinent aspects of the proposed investment.

• The Real Estate Investment Underwriter works as part of the Real Estate Development team analyzing applications to determine the financial feasibility of proposed projects seeking state and federal dollars to create or rehabilitate affordable housing developments across the state.  This includes funding for programs such as Section 42 low income tax credits, HOME Investment Partnership, Community Development Block Grant (CDBG) and the Affordable Housing Development Fund.
• Under the direction of the originator, communicate and manage customer expectations through the underwriting process using a positive and proactive approach that will enable repeat origination opportunities.
• Provide regular communication to originator regarding deal underwriting progress including process checklist review, due diligence review, transaction timing, and issue identification timely preparation and regular updates to the Transaction Summary format as required by the originator and the process checklist.
• Assist with and attend deal closings or other customer service coverage enhancement opportunities (if requested by the originator) and help to complete and organize closed deal files for transition to Asset Management.
• Assist with other Syndication priorities as requested (e.g., asset management, investor relations, assistance to other lines of business).
• Participate in and contribute to group meetings and discussions.
• Performs other duties as assigned.

REQUIRED QUALIFICATIONS

• Bachelor’s degree in Business, Accounting or Finance, or related field required. Master’s degree preferred.
• 3-5+ years experience real estate finance, affordable housing and/or LIHTC program, apartment market dynamics in both urban and suburban areas, and familiarity with industry policies, issues, and programs.
• Extensive knowledge of LIHTC and strong financial analysis skill is required.
• Experience in closing real estate transactions highly preferred
• Ability to manage multiple tasks effectively under significant time pressure to meet closing deadlines
• Extensive Excel modeling skills required. Proficient knowledge of MS Word and Power Point a plus.
• Strong writing /editing skills needed to produce correspondence and reports
• Demonstrated verbal communication and interpersonal skills to represent company to all parties.
• Demonstrates professionalism, diplomacy and composure and is flexible and able to adapt to a variety of situations.
• Strong organizational skills and ability to coordinate complex activities, prioritize conflicting demands and meet deadlines.
• Must be highly motivated, be able to work independently, solve problems and possess strong written and oral communication skills.
• Incumbent is expected to demonstrate strong ethics in interpersonal relations and work as an effective, collaborative team member.
• Ability to maintain big picture focus while attending to detailed work and providing thorough documentation.
• Demonstrated ability to work productively and accurately in a fast-paced environment with multiple projects and stringent deadlines.
• Ability to work evening and weekend hours during peak periods.
• Additional Information

SKILLS NEEDED

• Familiarity with affordable housing development in the public or non-profit sector and related funding products
• Knowledge of public and private affordable housing finance programs
• Ability to work well independently, but also to appreciate the value of operating within a team
• High aptitude for problem-solving in complex transactions with multiple parties; an ability to develop creative solutions and successful implement tasks to achieve the desired outcome.
• Organized approach to project management, including a strong attention to detail and the ability to manage multiple tasks simultaneously.
• Wise decision-making capability in the midst of time-sensitive and ambiguous situations.
• Highly adaptable to continuous change within a dynamic industry; thrives in seeking innovation and possesses an eagerness to try new approaches for organizational and individual improvement.
• Be able to use Google Earth and Mapping software to map sites, QCT, and DDA
• Software experience with Office 365 suite of programs
• Strong financial, analytical, communication, and organizational skills
• Ability to learn, adapt, and communicate company core values

PHYSICAL DEMANDS 

Ability to operate a computer and keyboard.  Ability to operate a motor vehicle or equipment.  May require reaching, standing, walking, fingering, grasping and feeling, and the ability to lift or move objects up to 20 pounds.  May require vocal communication for expressing or exchanging ideas, hearing to perceive information at normal spoken word levels, visual acuity for color perception, preparing and analyzing written or computer data, determining the accuracy and thoroughness of work, and observing general surroundings and activities.

WORKING CONDITIONS 

Availability for extended hours during peak periods and attendance at evening and week-end meetings.  Exposure to inside and outside environmental conditions.  The office is located in a smoke-free facility. The Office is a Drug Free environment.

EQUAL OPPORTUNITY

BGC Advantage is an Equal Opportunity Employer.

Apply Here

DEPARTMENT: Development
JOB TITLE/POSITION: Intern

SUMMARY OF POSITION

Under direct supervision of a Development Project Manager, our Development Intern(s) perform basic administrative, clerical and office support duties. The Development Internship programs provide opportunities for participants to receive practical work experience and skill development opportunities while learning about real estate development operations, functions and activities.

GENERAL OFFICE DUTIES AND RESPONSIBILITIES

• Greet and welcome guests as soon as they arrive at the office
• Direct visitors to the appropriate person and office
• Answer, screen, and forward incoming phone calls as appropriate
• Ensure reception area is tidy and presentable, with all necessary stationery and material (e.g. pens, forms and brochures)
• Provide basic and accurate information in-person and via phone/email
• Receive, sort and distribute daily mail/deliveries
• Maintain office security by following safety procedures and controlling access via the reception desk
• Perform other clerical receptionist duties such as organize, scan, and file various documents

 GENERAL DEVELOPMENT DUTIES AND LEARNING OPPORTUNITIES

• Assist and support Project Managers or Coordinators by performing routine daily administrative and project related activities
• Scan, print, and ship documents and packages as needed
• Assist with presentations, reports, and spreadsheets as requested
• Assist with organizing and entering in information for projects
• Gather information and assist in coordination and completion of tasks
• Gain exposure and interact with tools of development including the RAD Resource Desk, PBV binders, Milestone checklists, LIHTC Applications
• Create maps and gather information using GIS mapping as needed
• Attend project meetings as appropriate

DESIRABLE QUALIFICATIONS

Qualified Intern candidates are typically full-time students enrolled at a college or university with junior or senior status who are pursuing an undergraduate or graduate degree in a field of study such as Bachelor of Science/Business Administration, Finance, Accounting, Construction Management; Engineering; Mechanical Engineering; Civil Engineering or other Development related fields.

DESIRABLE SKILLS

• Present information, written or verbally, in a clear and understandable manner
• Knowledge of mathematics functions (geometry, basic algebra and basic accounting)
• Ability to grasp new financial and technical concepts quickly
• High proficiency in spreadsheets/Excel
• Basic understanding of additional MS Office suite products (Word, PowerPoint and Outlook)
• Well-organized and highly motivated
• Flexible, willing to learn and ask questions!
• Positive attitude, strong work ethic and commitment to being a supportive team member

PHYSICAL DEMANDS 

Ability to operate a computer and keyboard. Ability to operate a motor vehicle or equipment. May require reaching, standing, walking, fingering, grasping, and feeling, and the ability to lift or move objects up to 20 pounds. May require vocal communication for expressing or exchanging ideas, hearing to perceive information at normal spoken word levels, visual acuity for color perception, preparing and analyzing written or computer data, determining the accuracy and thoroughness of work, and observing general surroundings and activities.

WORKING CONDITIONS 

Availability for extended hours during peak periods and attendance at evening and week-end meetings. Exposure to inside and outside environmental conditions. The office is in a smoke-free facility. The Office is a Drug Free environment.

EQUAL OPPORTUNITY

BGC Advantage is an Equal Opportunity Employer.

Apply Here

SUMMARY

We are always looking for the best and brightest.  Don’t see the right position for you, but feel you can make an impact?  Have a  special skill and a passion for affordable housing?  Tell us about it.

PHYSICAL DEMANDS 

Ability to operate a computer and keyboard.  Ability to operate a motor vehicle or equipment.  May require reaching, standing, walking, fingering, grasping and feeling, and the ability to lift or move objects up to 20 pounds.  May require vocal communication for expressing or exchanging ideas, hearing to perceive information at normal spoken word levels, visual acuity for color perception, preparing and analyzing written or computer data, determining the accuracy and thoroughness of work, and observing general surroundings and activities.

WORKING CONDITIONS 

Availability for extended hours during peak periods and attendance at evening and week-end meetings.  Exposure to inside and outside environmental conditions.  The office is located in a smoke-free facility. The Office is a Drug Free environment.

EQUAL OPPORTUNITY

BGC Advantage is an Equal Opportunity Employer.

Apply Here