Acquisition, Underwriting - Property Management

Acquisition, Underwriting

• Property Management RightWay Recruiting San Diego, CA Job Details Full-time $85,000
• $110,000 a year 10 hours ago Benefits Health insurance Dental insurance Paid time off Vision insurance Life insurance Qualifications Deal closing Computer operation Underwriting Computer literacy Writing skills Bachelor's degree Task prioritization Deal execution Asset purchase Computer skills Due diligence Residential real estate transactions Multifamily properties Closing sales

Full Job Description Position:

Acquisitions/Asset Management Professional Corporate Location:

San Diego, CA Logistics:

Corporate office location Reports to: Principal Compensation range: $85k

• $110k, exempt
• salaried, bonus potential (based on deals closed, 20
• 30%) Responsible for: Acquisition sourcing, underwriting, deal structuring/development, and asset management.

The position will play a key strategic "second in command" role working with the principal, while communicating effectively across departments. This position has the opportunity to contribute to all facets of the company's continued development process, from conception to completion.

Company Summary:

Company is a privately held, vertically integrated real estate developer, owner, investor, and investment manager, with headquarters located in San Diego, CA.

Position Summary:

Company is looking for a highly motivated and talented Acquisitions/Asset Management Professional to source, underwrite, and provide asset management for a specific class of assets. The ideal candidate will have experience identifying key markets, proactively sourcing opportunities and closing deals, as well as working effectively with different stakeholders. The company is looking for someone that is passionate about real estate and is hungry to do what it takes to close deals, manage them, and scale the division. The principal is highly involved in the business and will pass leads on a regular basis to this position. This position will also be expected to source deals individually once established.

Who you are:

You are a hardworking and dedicated individual who is well-versed in multi-family, commercial, mobile home park, RV park, or office building acquisitions and passionate about how buildings serve the community at large. You thrive in an entrepreneurial environment and are knowledgeable in all facets of acquisitions, including financial analysis, underwriting, operating budget analysis, location and submarket research, due diligence review, debt structuring, and contract negotiations. You are looking to take that next step in your career and step out into a leadership role at a fast-paced and well-respected company where you can continue building and developing a portfolio of properties that represents the company's social impact goals.

Responsibilities:

Lead development and acquisition on all aspects of sourcing, due diligence, underwriting, and investment process on prospective acquisition opportunities. Focus will be on sourcing, underwriting, acquisition, debt structuring, and asset management in AZ, CA, FL, IN, OH, NV, and TX markets. Oversee and coordinate with all external resources including brokers, attorneys, engineers, construction teams, architects, and other 3rd party consultants Work with lenders, equity partners, public officials, and other stakeholders. Work cross-functionally with both internal and external project management teams to ensure budgets and schedules are met. Provide recommendations to strategically enhance the property portfolio and to mitigate risk. Create and manage processes for real portfolio's statistics/data, forecasting, budgeting, and reporting. Lead transition from acquisition to property management. Lead company expansion efforts into new and existing US markets. Explore opportunities for entry into potential new asset classes.

Qualifications:

3

• 5 years of real estate acquisition/development experience.

3+ years of underwriting experience with real estate assets, including successfully closing deals. Real estate asset management experience is a plus but not required. BA/BS preferred. Strong written and oral skills. Strong work ethic and attention to detail. A deep desire to be part of a company that integrates technology and social capital investment. Ability to prioritize and concurrently manage multiple tasks. Must be able to assess situations, identify issues, problems, and prioritize duties. Strong computer skills.

Benefits of Company/Position:

Competitive and comprehensive benefits package. Strong Corporate Leadership Team. Real opportunity for participating in and influencing the growth of the company.

Job Type:

Full-time Pay:

$85,000.00

• $110,000.

00 per year

Benefits:

Dental insurance Health insurance Life insurance Paid time off Vision insurance

Experience:

multifamily acquisition/underwriting: 3 years (Required)

Work Location:

In person