Job Description
As the Vice President of Acquisitions, you will play a pivotal role in driving the growth and success of our firm by leading the acquisition efforts across sectors. You will be responsible for identifying, evaluating, and executing investment opportunities that align with our investment strategy and objectives. Additionally, you will oversee a team of professionals and work closely with senior management to develop and execute acquisition strategies that maximize value and mitigate risk.
• Develop detailed pro-forma cash flow, DCF and acquisition models
• Conduct market research and analyze market data including market occupancy, rental rates, demographics, competitor positioning and economic information
• Conduct all aspects of due diligence including, writing business plan, analyzing market area, tenant credit - financials, 3rd party reports,
• Review, interpret and summarize real estate leases, and interface with various departments throughout the acquisition process
• Analyze underperforming properties and create projections for alternative scenarios
• Interface with general partners, property managers, corporate finance, lenders, investment brokers, accountants, tax experts and attorneys
• Prepare various acquisition and strategic analysis reports that reflect current acquisition activity and market trends
• Prepare and maintain files for each assigned property that provides information on buildings, utilities, contractors, contracts, emergency procedures, property insurance, and other information necessary to operate each property
• Prepare a monthly report on each property
• Prepare and track annual budgets, business/leasing assumptions and quarterly reports for assigned properties to meet financial obligations
Requirements
• 4-8+ years of experience w8+ years of experience with an investment sales team, REIT, real estate fund or investment bank is preferred
• Strong analytical valuation techniques and vetting for potential acquisition targets
• Expert documented knowledge of real estate cash flow modeling using Excel and Argus
• Communication skills to interface with the acquisition team, outside consultants, and investment sales professionals
• Proficiency in procuring, analyzing, and synthesizing market research
• Proficiency in reviewing leases, historical income, expense evaluation and other knowledge evaluating other due diligence materials
• Ability to prioritize and work independently
• Detail oriented with strong organizational skills
• Bachelor's degree from four-year university - minimum 3.5 GPA
Benefits
• Competitive salary commensurate with experience.
• Comprehensive benefits package including health, dental, and vision insurance.
• Retirement savings plan with employer match.
• Paid time off and holidays.
• Opportunities for professional development and career advancement within a growing company.
