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Development Associate – Senior Living
Evergreen Real Estate Services. Support every phase of 4% LIHTC Affordable Assisted Living community developments, including financial modeling, funding applications, due diligence, closing, and construction-period execution .
Core Competencies
Role fitCore Competencies
Use this summary to align your resume positioning with the role.
Demonstrates expertise in financial modeling, funding applications, and due diligence for 4% LIHTC Affordable Assisted Living community developments. Proficient in managing development proformas and coordinating with various stakeholders throughout the project lifecycle.
Highest-signal resume keywords
Financial Modeling4% LIHTC ApplicationsExcel Modeling SkillsReal Estate DevelopmentDue Diligence Coordination
ATS Keywords
Tailor your resumeApplicant Tracking System Keywords
Tip: use these terms in your resume and cover letter to boost ATS matches.
Hard Skills
Financial ModelingExcel Modeling SkillsDevelopment Proforma ManagementLoan Document ReviewMarket ResearchSensitivity AnalysisConstruction-Period ReportingInvestment Committee Materials PreparationEquity and Debt Package PreparationZoning and Entitlement Work
Soft Skills
Strong Written CommunicationOrganizedReliable
Industry Keywords
LIHTCAffordable Assisted LivingState Housing Finance AgencyTax-Exempt BondGround-Up DevelopmentSenior Housing
About the role
Key responsibilities & impact- Support every phase of 4% LIHTC Affordable Assisted Living community developments, including financial modeling, funding applications, due diligence, closing, and construction-period execution
- Support and maintain development proformas from initial underwriting through application, closing, construction, and conversion
- Help run sources and uses, sensitivity analysis, and structuring scenarios
- Assist with 4% LIHTC, tax-exempt bond, and gap funding applications to OHFA and other state housing finance agencies
- Coordinate third-party reports, including market studies, appraisals, environmental reports, and other diligence
- Maintain due diligence checklists and review and summarize loan documents, LPAs, PSAs, and operating agreements
- Support closing coordination with counsel, lenders, syndicators, and operators
- Prepare equity and debt packages and assist with investor and lender underwriting questions
- Support construction-period reporting, draw support, and conversion deliverables
- Prepare pipeline updates, deal memos, and investment committee materials
- Support market research, demand analysis, site due diligence, zoning, and entitlement work
- Keep deal files organized and current on shared systems
Requirements
What you’ll need- Bachelor’s degree in real estate, finance, urban planning, business, or a related field
- 2–3 years of experience in real estate development, real estate finance, or a related analytical role
- Strong Excel modeling skills
- Ability to update and maintain a development and operating proforma with guidance from senior team members
- Ability to read, question, and summarize deal documents
- Periodic travel to Ohio project sites for site visits, agency meetings, closings, and community openings
- Strong written communication for investor, lender, and agency audiences
- Organized and reliable across many parallel workstreams
- Exposure to LIHTC or ground-up development is a plus
- Exposure to state HFA applications, tax-exempt bond executions, or LIHTC equity closings is a plus but not required
- Senior housing exposure is a plus
Benefits
Comp & perks- Bonus
- Hybrid work schedule
- Reasonable accommodations for qualified individuals with disabilities