CHN HOUSING PARTNERSSingle-Family Home Acquisitions ManagerWe are a growing non-profit organization based in Cleveland, Ohio that offers its employees a comprehensive benefits package, opportunities to grow within the organization, and the ability to improve the communities we serve.
CHN Housing Partners: CHN is a highly seasoned, nonprofit affordable housing developer, housing service provider and residential mortgage lender that works with its partners to solve major housing challenges for low-income people and under-served communities. Through our partnerships we have developed over 7,000 affordable homes, and each year serve over 60,000 families through a wide array of housing services.
We work in Ohio and neighboring states, including Michigan, to preserve and expand affordable housing, and build equitable communities. By investing in affordable housing, we are investing in families, communities, and the economy. We are investing in the power of the permanent address.
Please click here to learn more about our Core Values and how they drive our mission and define who we are.Learn More about CHN Housing Partners' Benefits by clicking here! CHN offers HSA and PPO Medical Plans (including dental and vision options), Vacation, Personal and Sick Leave; Paid Maternity/Paternity/Adoption Leave; Paid Company Holidays; Life Insurance; 401K Plan, Tuition Reimbursement, and more.
Position Summary: The Single-Family Home Acquisitions Manager is responsible for identifying, analyzing, negotiating, and acquiring single family residential properties for rehabilitation and subsequent sale to individuals and families that will reside in the homes. The Acquisition Manager acts as the primary liaison between sellers/brokers and CHN Housing Partners/its affiliates and leads the direct sourcing and acquisition of single-family properties. This role requires a blend of high-volume acquisitions, local market expertise, relationship building, and preliminary project due-diligence and initial financial underwriting.
The rate of pay for this position is $90,000 - $95,000 per year, commensurate with experience (FLSA Exempt)Essential Duties and Responsibilities:Property Sourcing & Lead Generation: Identify, source, and analyze potential single family home opportunities through off-market strategies (direct-to-seller), wholesale networks, local brokers/realtors, and MLS monitoring.
Financial Underwriting & Valuation: Perform comparative market analyses (CMA) to determine the "as-is" value, and with the assistance of the Single-Family Preservation team estimate rehabilitation costs, determine an "as-renovated" value and recommend go/no-go acquisition decisions.
Negotiation & Contracting: Negotiate purchase terms, price, and closing dates directly with homeowners, brokers/agents, investors, wholesale networks, to secure an inventory of single- family homes.
Due Diligence Management: Manage the inspection process, including any structural, environmental, and title work to ensure single family home suitability.
Relationship Management: Cultivate relationships with private sellers, brokers/agents, and industry contacts to build a pipeline of acquisitions.
CRM & Reporting: Maintain accurate, real-time data in the CRM system regarding lead interactions, contract status, and transaction metrics.
Transaction Closing: Work with transaction coordinators, title companies, and legal teams to ensure timely closings.
Asset Management Oversight: Oversee an asset management system whereby acquired properties yet to be rehabilitated are secured, insured, maintained, and free of code violations while awaiting to be rehabbed.
Other duties as assigned.Work Experience and/or Education Requirements:Required:
Experience - Extensive experience in real estate acquisitions or property investment.
Education: - Bachelor's degree in real estate, Business, marketing or related field, preferred.
Skills: - Strong knowledge of residential real estate markets, property valuation, and neighborhood trends in Northeast Ohio and Southeastern Michigan.
- Proficient in Microsoft Excel, CRM platforms (such as Salesforce), and other business software applications.
- Skilled in negotiation, persuasion, and relationship management with experience working directly with sellers, brokers, and agents.
- Excellent communication, interpersonal, and collaboration skills with a high degree of professionalism and integrity.
- Strong analytical, problem-solving, organizational, and data analysis abilities with exceptional attention to detail.
- Ability to manage multiple acquisitions and competing priorities simultaneously while meeting deadlines.
- Self-motivated team player with the ability to work cross-functionally and take initiative in a fast-paced environment.
Other: - Active real estate license in Ohio and Michigan preferred/required.
- Valid driver's license, reliable transportation, and ability to travel to properties throughout Ohio and Michigan for inspections and meetings.
Physical Demands: - Ability to visit properties, inspect exteriors/interiors, and navigate construction sites (walking, climbing stairs).
Critical Competencies: - Communication Skills โข Influencing โข Problem Solving โข Strategic โข Innovative โข Decisive decision-making โข Relationship Building โข Business Acumen โข Ability to deal with ambiguity โข Adaptability โข Mission driven
Working Conditions and/or Physical Requirements: - Ability to perform essential job functions consistent with ADA, FMLA, and other standards.
- Regular and punctual attendance consistent with ADA, FMLA, and other standards.
Why Should You Apply? - You want to be part of an organization where the work you do will have a positive and lasting difference in the community.
- Great benefits.
- Opportunities for on-the-job training and/or professional development.
M/F/V/D/EOE