Analyst, Development

About Lincoln Avenue Communities

Welcome to Lincoln Avenue Communities (LAC)—a leading, mission-driven real estate private equity firm dedicated to strengthening communities through the development and preservation of affordable housing.

As a vertically integrated developer, investor, and long-term operator, we deliver sustainable, high-quality homes to lower- and moderate-income individuals, seniors, and families across 29 states. Our growing portfolio—more than 160 properties and 25,000+ homes—reflects our commitment to long-term impact, operational excellence, and resident well-being.

LAC is proud to be recognized as an industry leader, recently ranked No. 1 on Affordable Housing Finance’s 2025 AHF 50 list of top developers. Our approach combines strategic investment, thoughtful design, and community partnerships to deliver housing solutions that foster stability, opportunity, and resilience.

The Opportunity 

We are seeking a Development Analyst to join our team of experienced real estate professionals who lead the acquisition, rehabilitation, and new construction of affordable multi-family rental properties nationwide. With a robust pipeline of acquisitions and an ambitious plan to expand our national portfolio, Lincoln Avenue Communities (LAC) offers a dynamic and fast-paced environment for career growth.

The Development Analyst will work closely with senior team members on all aspects of property acquisitions and new construction, as well as the recapitalization and rehabilitation of existing assets. This role supports the evaluation and execution of acquisitions, rehabilitations, refinancings, and ground-up developments from conception through stabilization. The Analyst will be engaged in every stage of the transaction, collaborating internally with the Development, Asset Management, and Construction teams, and externally with lenders, investors, brokers, appraisers, environmental consultants, legal counsel, and municipal partners.

This position requires both strong financial skills and excellent communication abilities. It is ideal for an individual with a passion for real estate development who is eager to take on a wide range of responsibilities and build the fundamental skills to thrive in the industry.

As a well-capitalized, rapidly growing, and expertly managed organization, LAC provides exceptional opportunities for professional development and long-term career growth, including a potential path to equity. This role is a unique opportunity for a highly motivated, critical thinker to gain exposure to a wide variety of real estate transactions.

The Development Analyst will report to a Director and be based at our Santa Monica, CA headquarters. We offer a hybrid work environment requiring 3–4 days per week in the office.

Deadline to Apply: Friday, September 19th

What You'll Contribute To 

• Financial modeling and presentations of new development and acquisition opportunities utilizing a range of capital structures and financing tools unique to affordable housing.
• Working with prospective lenders and investors to negotiate and secure debt and equity financing
• Conducting market research for new potential and existing projects
• Hands on involvement with construction management and design processes
• Compilation and review of due diligence information including financial, market, demographic, site, federal, state regulatory data
• Coordination and completion of applications, financing packages, and documentation necessary for debt and equity financing, property purchase and sale, and government subsidies.
• Managing acquisitions and deal closing process.
• Assisting with and gathering information for various state and/or federal tax credit and financing applications, tax exempt bond applications, and soft funding applications.
• Researching and analyzing a variety of sources such as general plans, ordinances, court decisions, legal documents, and articles for use in determining highest and best use of multi-family development projects

What You Bring 

• Passionate and aligned with the company's double bottom line mission: generating appropriate returns and managing great, stable communities for our residents.
• Ability to critically think through a wide variety of topics and effectively articulate opinions and direction to stakeholders.
• Self-starter with the ability to work independently while also comfortable interacting with and presenting to senior management.
• Aptitude for creating strong internal relationships within LAC. Must be a strong collaborator among peer groups within the company.
• Strong organizational skills with a proven ability to work through checklists to meet deadlines.
• Numbers-oriented with strong analytical skills who can evaluate complex data and provide solutions.
• Ability to understand excel financial modeling and thinking through investments and the impact of decisions through the investment process on financial outcomes.
• Ideally a demonstrated experience or knowledge of public and private affordable housing funding resources and subsidy programs, including LIHTC, tax-exempt bonds, and syndication process; ability to combine financing tools to leverage funds creatively.
• Perform other duties as reasonably assigned.

Education and Experience 

• Bachelor's degree in finance, real estate, or related field with demonstrated performance and leadership in school is required.
• Requires 1-2 years of experience in development, real estate investment, finance, or a related field.
• Has a basic understanding of affordable housing.

Benefits

The expected base salary for this role is $95,000. This represents the current target and is subject to change. To determine starting pay we carefully consider a variety of factors, including primary work location and an evaluation of a candidate’s skills, experience, market demands, and internal parity. Our comprehensive total rewards package offers more than just a salary. Benefits include:

• Performance-based bonuses
• Full medical, dental, and vision coverage for you and your dependents
• 401(k) plan with employer matching and immediate vesting
• Life and disability insurance
• Generous PTO, holidays, and sick time
• Paid parental leave
• Employee referral incentives
• Fun company and team-building events
• Continuous learning and development opportunities

Equal Employment Opportunity

Lincoln Avenue Capital is an equal-opportunity employer. We prohibit discrimination and harassment of any kind and afford equal employment opportunities to employees and applicants without regard to race, color, religion, sex, sexual orientation, gender identity or expression, pregnancy, age, national origin, disability status, genetic information, protected veteran status, or any other characteristic protected by law. At LAC, we conform to the spirit and the letter of all applicable laws and regulations.