We are a rising real estate company. We are nimble and love to work with passion and energy! Our goal is to become a $1B company and we are looking for the right team player that can help us get there. We are looking for an acquisitions rock star with mandatory experience in value-add multifamily deals to handle the acquisitions process from sourcing to closing, while working directly with the company’s CEO. Someone who can take ownership on the entire process. A Rockstar.
You must has the ability to identify, underwrite, and recommend potential multifamily value-add investment opportunities by researching property, demographics, and other pertinent information within target markets, and apply analytical processes to determine whether opportunities meet or exceed the company’s investment criteria.
In this role, you will lead the acquisition process from start to finish with minimal supervision. Source deal, analyze deal, communicate with brokers, lenders, and property managers and review their quotes and budgets to complete underwriting, lead due diligence, loan placement, and closing.
We syndicate our deals, so underwriting will include equity and debt structuring.
Our ideal candidate will have the ability and experience to manage and oversee the full due diligence process (that will be carried out by 3rd party), including independently verifying all details about the property, arranging and reviewing all due diligence materials including 3rd party reports, market analyses, title/survey, and rent comps, lease file audits, and maintenance audits.
Since we operate like a startup, we don’t train candidates and need someone with experience in value-add multifamily acquisitions. We want to work with people that are smarter and more experienced than us.
Ability to write clear and concise communications and draft Investment Memorandums to our investors.
Participate in LOIs submission process, term sheets, and contract negotiation.
Work with our lawyers to negotiate equity and loan documents.
Post-closing, work with 3rd party property management company to ensure that projects are on track and meeting projections.
Maintain existing and establish new relationships with brokers in target markets.
BA or BS degree from an accredited institution, with preferred degrees in real estate, finance, business, accounting, economics or related area. Must have strong academic credentials.
2+ years in underwriting and acquisitions of value-add multifamily deals is a MUST.
Established track record of sourcing and closing transactions.
Technically savvy: Advanced MS Excel skills, Word, PowerPoint.
Proficiency in multifamily value-add modeling.
Excellent verbal and written communication, organizational, presentation and analytical skills.
Strong work ethic and attention to details and business objectives.
Desire to work in a fast-paced, entrepreneurial environment with a flexible attitude as a team player.
Ability to take ownership and commitment to follow through.
Ability to effectively prioritize and handle multiple tasks and projects simultaneously.
Strong sense of personal motivation, responsibility, and entrepreneurship.