Real Estate Acquisitions Associate – Job Description
About our Company:
Land and Apartments (“L&A”) is a private investment firm that specializes in the acquisition, rehabilitation, and operation of multi-family properties. L&A is led by an experienced team of professionals with backgrounds in finance, construction, and property management.
L&A has acquired over 4,000 apartment units across three states.
Position Overview: The Real Estate Acquisitions Associate is responsible for leading and managing the acquisition process of new properties for a real estate investment firm, development company, or institutional investor. This role involves identifying, evaluating, negotiating, and executing real estate transactions that align with the company’s investment strategy. The Associate ensures that acquisitions meet financial and strategic objectives, all while managing risk and maximizing returns.
Key Responsibilities:
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Lead and Oversee Acquisitions:
- Identify and assess potential acquisition opportunities in line with the company’s strategic goals (e.g., residential, commercial, or mixed-use properties).
- Evaluate market trends, asset values, and investment opportunities to ensure long-term profitability.
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Market and Deal Sourcing:
- Develop and maintain relationships with property owners, developers, banks, lawyers and other key stakeholders to source acquisition opportunities.
- Attend industry events, conferences, and networking functions to stay informed about the market and identify new opportunities.
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Financial Analysis & Modeling:
- Conduct in-depth financial analysis of potential deals, including creating detailed proformas, sensitivity analyses, and projections to evaluate investment viability.
- Perform comprehensive market and property analysis to assess the risks and returns of proposed acquisitions.
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Due Diligence:
- Oversee the due diligence process to ensure all legal, financial, zoning, environmental, and operational factors are addressed.
- Coordinate with internal teams and third-party consultants to assess the physical and financial viability of the property.
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Portfolio Growth and Strategy:
- Collaborate with senior leadership to refine and implement the acquisition strategy in alignment with long-term portfolio goals.
- Help manage the overall growth and diversification of the real estate portfolio.
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Team Leadership and Collaboration:
- Supervise a team of analysts, associates, and other professionals involved in the acquisition process.
- Collaborate with internal departments, such as finance, legal, and operations, to ensure smooth execution of deals.
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Reporting and Communication:
- Report regularly to executive leadership on the progress of acquisitions, key metrics, and market trends.
- Ensure all deals are executed efficiently and effectively within the expected timeline and budget.
Qualifications:
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Education:
- Bachelor’s degree in Real Estate, Finance, Business Administration, Economics, or related field
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Experience:
- Typically, 3-10+ years of experience in real estate acquisitions or related fields (real estate investment, development, or brokerage).
- Proven experience in managing complex acquisitions, negotiations, and deal structuring.
- Experience in both equity and debt financing of real estate transactions is a plus.
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Skills and Competencies:
- Financial Expertise: Strong understanding of financial modeling, valuation methods (DCF, cap rates, etc.), and investment metrics (IRR, ROI, etc.).
- Negotiation Skills: Ability to negotiate favorable terms and conditions with external partners and stakeholders.
- Market Knowledge: Deep knowledge of real estate markets, industry trends, and emerging opportunities.
- Communication Skills: Excellent written and verbal communication skills, with the ability to present complex ideas clearly to senior leadership and stakeholders.
- Problem-Solving and Critical Thinking: Strong analytical abilities to identify risks, solve problems, and optimize investment decisions.
- Project Management: Strong organizational and time-management skills, with the ability to manage multiple deals simultaneously.
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Personal Attributes:
- High level of integrity and professionalism.
- Self-motivated and goal-oriented, with a strong ability to drive results.
- Detail-oriented with a strategic and forward-thinking approach.
Work Environment:
- This position typically requires travel to potential acquisition sites.
- May involve long hours, especially when working on multiple high-value or complex deals.
Compensation:
- Compensation commensurate with the level of experience brought to the role. The compensation will be salary and bonuses paid upon successful transaction closing.
