Acquisitions Associate
Real Estate Private Equity
Los Angeles, CA
Job Description
We are looking for someone to join our multifamily acquisitions team in the industry. As an Acquisitions Associate, you will work with our deal teams to identify/underwrite/acquire/sell multifamily assets for investment vehicles. Furthermore, you will have the opportunity to leverage the platform’s competitive advantage via proprietary business intelligence and a suite of in-house specialist teams, including Redevelopment, Revenue Management, Asset Management, CapEx, Operations, Financial Planning & Analysis, Marketing, Strategic Initiatives, as well as access to industry leading technology solutions. This role will report to a Market Leader on the Investments Team.
Responsibilities:
- Real estate investment underwriting including detailed financial models and analysis to determine viability of potential acquisition opportunities for core plus, value-add, and opportunistic investment vehicles.
- Detailed market research and analysis, including economic, demographic, capital markets, and locational (submarket/micro-location) to identify key investment drivers and potential impacts.
- Investment Committee presentation preparation and support.
- Disposition analytical support, including OM review and preparation of pricing matrices.
- Collaboration with internal partners/stakeholders including the investment team and various specialist teams (Transaction Management, Asset Management, Redevelopment, Revenue Management, and Capital).
- Communication with external parties, including brokerage firms, operators, appraisers, third party vendors, etc.
- Ad-hoc and special projects related to team infrastructure improvements, industry research, and potential investment opportunities.
Requirements
Qualifications:
- Bachelor's degree in finance, real estate, or related technical field.
- 2-4+ years of experience (underwriting / acquisitions / investment analysis) working at a real estate investment company or financial services firm.
- Financial modeling expertise in multifamily transactions and an in-depth understanding of real estate fundamentals.
- Excellent communication skills, both written and oral, with the ability to convey complex information clearly and concisely.
- Strong organizational skills and attention to detail with the ability to manage multiple projects under tight timelines simultaneously.
- Ability to grow within the role and take on increased responsibilities over time.
- Some travel may be required depending on team needs.