Affordable Housing Acquisitions Analyst

Financial Modeling & Underwriting Support Working with the acquisition team members to create cash flow projections for properties identified as potential investments. As an Acquisition Analyst, you will support Fairfield's investment strategy by analyzing potential multifamily acquisitions and assisting the acquisitions team throughout the underwriting and transaction process.

About Fairfield
If you're driven and looking for a collaborative workplace that makes a difference, you just might be a fit for Fairfield! We are a leader in the multifamily housing industry and we're passionate about creating exceptional apartment living. As we continue to grow, we're dedicated to investing in our people. Our culture is built on trust, support, and the drive to do great work. Whether you're launching your career or bringing years of experience, you'll find opportunities to make an impact, develop your skills, and be part of something bigger. Come build your future with us!

About the Role
As an Acquisition Analyst, you will support Fairfield's investment strategy by analyzing potential multifamily acquisitions and assisting the acquisitions team throughout the underwriting and transaction process. This role provides hands-on exposure to real estate investment analysis, market research, and transaction execution within a collaborative team environment.

This position is based at our corporate office in San Diego, CA, with in-office attendance required Monday-Thursday and remote work on Friday. With this hybrid setup, applicants must be within commuting distance of our corporate office in the Sorrento Valley area of San Diego, CA.

Financial Modeling & Underwriting Support

• Working with the acquisition team members to create cash flow projections for properties identified as potential investments.
  
• Performing various other types of analysis, research, and financial modeling.
• Analyzing property-level operating statements, rent rolls, and expense assumptions to support underwriting accuracy.
• Supporting scenario and sensitivity analyses to evaluate investment risk and return profiles.

Market & Investment Analysis

• Conducting market rent surveys.
• Researching submarket trends, comparable properties, and economic drivers impacting property performance.
• Evaluating market data to support assumptions used in acquisition underwriting.
• Assisting in validating revenue and expense assumptions through third-party data and internal benchmarks.

Due Diligence & Transaction Support

• Familiarity with affordable housing regulatory documents, including LURAs, extended-use agreements, IRS Form 8609s, and other LIHTC compliance requirements.
• Ability to review third-party reports, including appraisals, inspections, and market studies to inform key decision makers with findings.
• Coordinating acquisition-related data and documentation across other internal teams.

Lender & Capital Partner Coordination

• Responding to the requests of lenders throughout the acquisition process.
• Supporting the preparation of materials required for debt and equity partners.
• Assisting with tracking lender terms, assumptions, and conditions during underwriting and closing processes.

Investment Committee & Internal Reporting

• Helping to prepare submissions to Fairfield's Investment Committee.
• Maintaining pipeline reports for the various affordable fund vehicles.
• Updating acquisition tracking tools and reports to reflect deal status, assumptions, and timelines.
• Supporting senior team members with presentation materials and analysis for internal stakeholders.

Why You'll Love Fairfield
We're all about creating communities that people are proud to call home. Being a part of Fairfield means more than a rewarding career with personal growth. It's a partnership, working alongside colleagues in an open-dialogue environment that encourages growth and the sharing of ideas. We know that our associates are a key ingredient to our success, and we're proud to reflect that in our culture.

• Driven by Vision: We are a vertically integrated operator and investment manager in the multifamily sector with in-house development, construction, acquisition, and property and asset management services. As we continue to grow, we want you to grow with us.
  
• Career Growth & Learning: Fairfield values new ideas at every level. We offer training, coaching, and mentoring to help associates develop their careers and inspire them to create change for the better.
  
• Culture of Collaboration: Enjoy a professional, supportive environment where we work together to drive meaningful impact.
  
• A Company that Cares: We are proud to offer robust benefit packages with a focus on both quality of care and affordability. We offer competitive com