Manager of Real Estate Finance

Frolic Community
Seattle, WA
Category Finance
Job Description
Role Overview

We are seeking a Manager of Real Estate Finance to lead financial modeling and capital structuring across Frolic’s real estate development projects. This role will manage the full capital stack for projects—including pre-development, construction, and permanent financing—and partner with lenders, investors, and funding partners.

What You Will Do

Manage all project financial models, proformas, and capital stack design across multiple projects. Support engagement with lenders, investors, and financing partners for pre-development, construction, and permanent financing.

Why It Might Be a Fit

You are an experienced finance professional with a deep understanding of real estate housing finance and complex capital structuring. You thrive in complex, dynamic environments, and bring both analytical rigor and practical judgment to your work.

Requirements

  • 2-4 years of experience in real estate finance, development finance, and / or project underwriting
  • Strong experience leading financing efforts for housing development projects, including sourcing, structuring, and closing investment and financing partnerships across the project capital stack
  • Experience structuring and managing complex capital stacks and financial products for housing projects, such as LIHTC, NMTC, or other comparable financing mechanisms.
  • Very strong modeling skills in Excel and familiarity with complex capital stacks (construction, perm, equity, etc.).
  • Demonstrated experience working with lenders, investors, and government funding programs.
  • Bachelor’s degree in finance, real estate, or related field; MBA or MSRED preferred.
  • Excellent written, analytical, and communication skills.
  • Ability to manage multiple active projects and deadlines.
  • Commitment to housing innovation and community-oriented development.

Benefits

  • Base salary commensurate with experience
  • 80% company contribution to robust medical, dental and vision benefits
  • Up to 3.5% employer match on sponsored 401(k) plan
  • Options in Frolic to be a co-owner of our company
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