Acquisitions Analyst
Candidate will be responsible for working in the Acquisition Department and assisting the Development Team. Primary responsibility includes helping underwrite and present investment opportunities to investors and lenders through extensive pro forma modeling, preparing market analysis reports, demographic analysis, tracking potential sites and competing developments. Additionally, the candidate will be involved in deal sourcing and capital raising.
Essential Functions:
- Due diligence research on rent, expense, utilities, taxes and pre-development fees working closely with key brokers in the market
- Monitor research of Regional and U.S. markets regarding rent, employment, permits and supply and demand trends (includes review and analysis of demographic software).
- Preparing investment memorandums to present in front of prospective partners
- Analyze development and acquisition projects using advanced Excel modeling spreadsheets.
· Working with the Investment Team to provide due diligence information and feasibility analysis of potential acquisitions
· Lead entire acquisition process.
· Assist development team maintaining project timelines, ensuring milestones are met on time and within budget.
· Responsible for sharing and uploading documents and communication on company’s data room.
· Tracking and reporting project status to investors, lenders, joint ventures partners and the like
· Assist the development team with monthly construction progress reporting to investors and requesting draw payments from banks that provide construction loans
Qualifications
- Advanced knowledge in Excel, PowerPoint, web search engines.
- Ability to assist or completely manage an acquisition process.
- Strong written and verbal skills.
- Strong interpersonal skills.
- Ability to handle multiple tasks for multiple projects.
- Ability to work independently and with team of professionals, as needed.
- Strong financial analysis skills in working with detailed financial models.
- Ability to help create compelling presentations for acquisition and development offering memorandums.
- Ability to read construction plans is a plus
Professional and Educational Background
- Successful candidates will have at least 3 years in residential real estate management, development, or acquisition experience.
- MBA in finance or real estate is a plus.
- Bachelor degree in architecture is a plus.