Investment Director
Location: Oakland, CA (on-site)
About oWOW
oWOW is a vertically integrated real-estate development firm on a mission to accelerate housing abundance. By unifying design, prefab construction, and development under one roof—and pioneering mass-timber, modular methods—we deliver beautiful, sustainable housing faster (2X) and at a substantially lower cost than traditional builders.
Role Overview
As an Investments Director you will be the financial/acquisition engine behind our growing development pipeline, leading deal sourcing, underwriting, and capital raising. Reporting to the CEO, you will shape strategy, source sites, build out the team, and build investor relationships, driving transactions from LOI through closing.
Key Responsibilities
● Deal Sourcing & Underwriting – Build a statewide first then nationwide broker network, identify sites, and produce institutional-grade pro formas and feasibility models.
● Project Financing – Draft RFPs, market opportunities to lenders and equity partners, negotiate term sheets, and shepherd closings.
● Capital Markets – Create and update investor decks, raise pre-development equity, and cultivate programmatic funding partnerships.
● Transaction Management – Manage due diligence, coordinate consultants, and keep multiple deals on schedule.
● Process & Data – Standardize underwriting models, maintain a site/investor CRM, and deliver weekly pipeline reports.
● Hire and Build the team – Create an org chart, scorecards for each role, budget and then get to work on hiring the best and brightest.
First Year Outcomes
1. Finance Phase 1 LIHTC Projects – Issue RFP packages within a week of award announcements and close debt/equity on 6-8 projects by year-end.
2. Secure Phase 2 Pipeline – Source 200+ sites, fully underwrite priority targets, option at least 20 sites.
3. Raise Pre-Dev Equity – Assist on raising pre-development capital for projects as well as from project partners.
4. Institutionalize Underwriting – Implement standardized models and a live database of sites and investors within 90 days.
Requirements
● 5+ years in real-estate finance, acquisitions, or development; multifamily and LIHTC experience strongly preferred.
● Advanced financial modeling and deal-structuring skills.
● Desire to work extremely hard and believer in meritocracy
● Excellent communication, project-management, and relationship-building abilities.
● First Principles thinking
Compensation & Benefits
● Competitive salary + performance bonus
● Promote in Projects
● Ability to invest