Associate, Acquisitions and Development
The Associate, Acquisitions and Development conducts market research, underwriting, and due diligence to support the sourcing, evaluation, and execution of acquisition and development opportunities within assigned markets. This role builds and refines financial models, contributes to investment recommendations, and supports transaction execution from initial screening through closing.
Essential Duties and Responsibilities
Source and evaluate potential acquisition and development opportunities in partnership with senior team members and market brokers.
Build and refine complex financial models to underwrite acquisitions, development projects, and disposition scenarios.
Prepare investment committee memoranda, market studies, and presentation materials supporting go or no-go decisions.
Manage due diligence workstreams, including coordination of third-party consultants, title, survey, environmental, and entitlement review.
Analyze zoning, land use regulations, and entitlement requirements to assess development feasibility.
Monitor market trends, competitive projects, and comparable transactions to inform deal strategy and pricing.
Support negotiation and documentation of letters of intent, purchase agreements, and development agreements.
Mentor Analysts on modeling, research methods, and due diligence processes.
Perform other duties and responsibilities as assigned.
Qualifications
Bachelor's degree in Real Estate, Finance, Business, or related field required; MBA or MRED a plus.
2-4 years of experience in commercial real estate acquisitions, development, investment banking, or related transactional experience.
Advanced financial modeling skills, including proficiency in Excel and Argus; strong understanding of investment return metrics such as IRR, equity multiple, cap rate, and yield on cost.
Working knowledge of entitlement, zoning, and development processes.
Strong project management skills with the ability to manage multiple due diligence workstreams simultaneously.
Effective written and verbal communication skills; ability to present analysis to senior leadership.
Applicants must be currently authorized to work in the United States without the need for visa sponsorship now or in the future.
Physical Requirements
To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed above are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
This role involves standard office work with the ability to use a computer for extended periods. Travel to properties, development sites, and market meetings is required.