Bachelor's degree in Business, Finance, or related field required
3 years of experience as a financial, real estate, or banking analyst
Advanced skills in Excel, PowerPoint, GIS, and database management
Experience in sourcing and managing market research in a high-volume environment
Strong organizational skills with attention to detail
Self-motivated with initiative
Excellent communication skills, both verbal and written
Ability to think abstractly and develop creative solutions
Some travel required
Responsibilities
Own the BTR data collection process and create user-friendly reports
Underwrite, analyze, and draft investment committee materials for acquisitions
Utilize proprietary data and visualization tools for investment decisions
Collaborate with team members to manage project timelines
Work cross-functionally with various teams for onboarding new projects
Benefits
Competitive compensation with performance-based bonuses
Comprehensive benefits package including medical, dental, and vision
Generous time off including PTO based on tenure and paid holidays
Ongoing learning and development opportunities
A culture that emphasizes collaboration and recognition
Full Job Description
Position Summary:
The Build-to-Rent Acquisitions team at Progress Residential plays an integral role in reshaping the single-family rental industry while deploying capital into some of the fastest growing markets in the country. The Acquisitions Associate - BTR is on the cutting edge of using proprietary data, analytics, and A.I. to identify, evaluate, underwrite and inform offer decisions for newly constructed rental homes on behalf of Progress Residential and its investors. Working closely with other members of the BTR team, the candidate will identify, prioritize, underwrite, and prepare investment committee materials for portfolios of newly built and to-be-constructed single-family residential homes.
Essential Functions:
Own the BTR data collection process, aggregating BTR data from multiple sources and creating easy-to-use reports for underwriting and general market knowledge.
Underwrite, analyze, generate offers and draft investment committee materials for build-to-rent acquisition opportunities.
Use proprietary data, visualization tools and models to inform investment decisions.
Collaborate with team members to enhance project management, ensuring BTR projects meet all critical timelines.
Work cross-functionally with investment, operational, and asset management teams to ensure streamlined onboarding of new BTR projects.
Qualifications:
Bachelor's degree (preferably in Business, Finance, or related subject) required
3 years experience as a financial, real estate, or banking analyst required
Advanced Excel, Power Point, GIS and database management skills
Experience with sourcing, collection and management of market research in a high volume, private equity-like environment.
Strong organizational skills, attention to detail, and the ability to handle multiple tasks, projects and deadlines
Is self-motivated and takes initiative
Excellent listening, verbal and written communication skills
Requires abstract thinking and creative solutions
Some travel required
What you can expect from us:
Competitive Compensation - Including performance-based bonuses that reward your contributions.
Comprehensive Benefits Package - Medical, dental, vision, parental leave, 401(k) with company match and more.
Generous Time Off - Enjoy PTO based on tenure, 13 paid holidays and 1 floating holiday.
Ongoing Learning and Development - Quarterly summits, town hall meetings and continuous training to support your professional growth.
A Culture that Celebrates You - We believe in collaboration, recognition and having fun while doing important work.
This summary is not an all-inclusive description of job duties. Other job duties and responsibilities may also be assigned by the incumbent's supervisor at any time based upon Company need.
Employment with Progress Residential is conditional on a satisfactory background and drug screen.
About Progress Residential
Progress Residential is a real estate investment trust that owns and manages single-family rental homes. The company was founded in 2012 and is headquartered in Phoenix, Arizona. Progress Residential's portfolio includes over 40,000 homes in 20 markets across the United States. The company's mission is to provide high-quality rental homes and exceptional customer service to its tenants. Progress Residential offers a variety of amenities and services, including online rent payments, maintenance requests, and 24/7 customer support.
