Background: SoLa Impact is the largest private developer of affordable and workforce housing in Los Angeles, with plans to expand across California and eventually nationwide. We are looking to not only help alleviate, but to obliterate the obstacle of housing costs in our most marginalized communities. Having successfully raised and fully deployed its fourth fund ($300 million of equity), SoLa Impact expects to raise several $500+ million funds over the next 3-5 years from a combination of institutional investors, family offices, and high net worth investors.
Role: Reporting to the C-Suite and Corner Office, the Private Equity Analyst will be responsible for conducting comprehensive financial analyses of ground-up development and value-add investments in the multifamily sector, encompassing Affordable Housing, Market Rate, and Mixed-use properties. In this role, the Analyst will build intricate financial models from the ground up, providing insights into complex deal structures and conducting thorough analyses of operating partner models. The Analyst’s expertise will also be applied to tracking, updating, and analyzing budgets, cash flows, and pro formas for our
current development projects. The role will have a strong responsibility to keep a watchful eye on economic, capital market, and real estate trends, actively contributing to the development of our investment and asset management strategies as well as any ad hoc analytical projects that the COO might assign.
Fund Raising/Capital Base: Since 2015, SoLa’s founders have personally raised over $500 million of equity from institutional investors and family offices. Our high-net-worth clients include senior partners from General Atlantic Partners, Oaktree, Bain Capital, Silver Lake, Goldman Sachs, Houlihan Lokey, Moelis & Company, and several other leading private equity firms and family offices. In Fund IV, SoLa Impact has added a growing list of institutional investors including CalSTRS, PayPal Holdings, Equitable Insurance, Standard Insurance, the Skoll Foundation, Ally Bank, Potenza Capital, and Pacific Premier Bank. SoLa Impact’s work and strategy have also been the subject of business school case studies from both USC’s Marshall School and Columbia Business School’s Masters of Real Estate program.
What You’ll Need: A minimum of 2 years of prior relevant work experience in real estate private equity, real estate investment banking, or real estate finance. An undergraduate degree in a relevant field (business, finance, economics, etc.) Demonstrated ability to perform detailed financial analyses, including financial statement analysis, cash-flow modeling, carried interest/waterfall calculations, IRR, and cap-rate analyses.
SoLa Impact offers a comprehensive benefits package that includes paid vacation, medical, dental, vision, and life insurance, as well as pet insurance, sick leave, 10 paid holidays, and bereavement days. This package is designed to provide employees with a range of important benefits that help to support their physical and emotional well-being, while also providing financial protection and peace of mind.
At SoLa Impact, we believe work environment, culture, and the opportunity to learn and grow are key elements when considering a new job. We are just the right size to provide the resources and support you need without the bureaucracy of a large corporate environment. We foster a family-friendly and supportive workplace, collaborative and employee-focused with an emphasis on quality, integrity, trust, and accountability. We are looking to bring someone on board as soon as possible. We provide a rewarding and challenging environment. We expect a lot, but give a lot in return. Strongly prefer candidates local to Los Angeles as no relocation assistance will be provided. All qualified candidates will be contacted directly.
SoLa Impact is an Equal Opportunity Employer. SoLa does not discriminate on the basis of race, religion, color, sex, gender identity, sexual orientation, age, non-disqualifying physical or mental disability, national origin, veteran status or any other basis covered by appropriate law. All employment is decided on the basis of qualifications, merit, and business need.
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SoLa Impact Fund is a double bottom-line fund, founded with the express strategy to produce market returns for our investors while revitalizing historically tough urban areas in the United States. Af...fordable housing is one of the most pressing ...
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