Bonaventure is seeking a full-time
Real Estate Acquisitions Specialist to join our team to support the expansion of our multifamily portfolio by acquiring quality existing assets across the country.
We are looking for individuals with an entrepreneurial spirit to search for multifamily properties, analyze information, and ensure each transaction is smooth and successful. We will provide the tools and support so our acquisitions team can perform at their best.
The ideal candidate has strong real estate analysis skills combined with an understanding of real estate market supply and demand factors.
Starting Salary - $90,000 + bonuses
Qualified Individuals must be experienced in the following:
Key Responsibilities- Market Analysis: Conduct and perform market analysis to identify deal located in strong, growing markets, taking into consideration the location of existing competition, market rents, potential market penetration and demographics.
- Asset selection, contract negotiation & acquisition: Locate favorable assets for acquisition. Work closely with legal, design and financial teams in the due diligence process.
- Site and Neighborhood Analysis: Research and rank all attributes on a rating system to determine what may impact the subject's value.
- Viability Assessment & Proforma development: Complete financial analysis, developing and maintaining financial pro forma and related documents for each of the proposed assets.
- Comparables: Assess market comparables, property value and condition through research, outreach, data, site walks and market trends.
- Jurisdictional research and due diligence: Identify pertinent statutes and standards that may have an impact on both potential assets and value add opportunities.
- Presentations: Prepare and give presentations to the investment committee, as well as lenders.
- Travel required.
Requirements- 2 + years' experience in real estate
- Site acquisition and development a plus but not required.
- Knowledge of market and economic analysis/evaluation, financial and land evaluation.
- Proficient in Microsoft applications including Outlook, Word, and Excel.
- Advanced skill in Excel required
- Strong written and verbal communication skills with attention to detail.
- Display strong analytical and quantitative skills, including the ability to gather information, conduct analyses, and present findings
- Comfortable with frequent interactions with internal and external contacts of all levels of authority and responsibility.
- Team Player; demonstrates ability to work within cross-functional teams, in a support role.
- Self-directed problem solver: takes initiative, proactively addresses problems; can work with minimal oversight once familiar with job requirements.
- Ability to analyze information and interpret complex issues in order to determine the root problem and make effective decisions to bring the issue to a successful conclusion.
- Highly organized and flexible; with the ability to prioritize multiple projects and meet deadlines, often with frequent interruptions and changing circumstances, in a high volume, fast-paced work environment.
Top reasons to work at Bonaventure- High Starting Salary - $90,000 + bonuses
- Health Benefits - Medical and dental coverage.
- Flexible Spending Account - For Healthcare and Day Care expenses.
- Retirement - Generous 401k matching program.
- Professional Growth - We provide on the job paid training. In addition, we provide paid education assistance and career advancement thru promotions to qualified individuals.
- Continuing Education Reimbursement.
- Paid Time Off - To have fun, take care of yourself and your family.
