Role details

Director of Acquisitions

Tampa   •   USD120,000 - USD140,000   •  Permanent

Bullet points

  • Director of Acquisitions required for a growing multifamily development firm
  • Fantatsic benefits package and management opportunity

About Our Client

Michael Page are currently working alongside a large growing multifamily developer who are seeking a Director of Acquisitions to join their team in Tampa, Florida. Reporting into the VP and Senior VP of the company this is a fantastic opportunity for a experienced multifamily acquisition specialist to join this team leading the future business acquisition and development.

Job Description

The Acquisition director with have responsibility for coordinating and leading all aspects of due diligence, underwriting and acquisitions for the companies growing portfolio with Florida and Texas, coordinating presentations to investment committees and collaborating with internal and external stakeholders. Alongside this the successful candidates responsibilities will include but no be limited to:

  • Underwrite potential acquisitions, consider all comparable properties, develop initial business plan for rents, capital improvements, and operational changes and present to the Investment Committee.
  • Work directly with senior executives to continually refine investment strategy.
  • Negotiate directly with sellers and brokers to secure acquisitions on best possible terms.
  • Develop detailed business plans for investment committee approval including the modeling of financial projections with detailed capital and operating budgets.
  • Underwrite and perform due diligence for multifamily apartments in a number of strategically selected markets.
  • Lead interactions with in-house operating company executives to manage the real estate investment process, including monitoring construction draws and change orders and the execution of acquisition and renovation/development plans.
  • Develop annual operating and capital budgets with the operations team.

The Successful Applicant

This is a director level position and therefore requires a minimum of 5 years multifamily experience with a strong back ground in high level acquisitions and due diligence. Similarly you must posses a track record in man management.

Alongside this the ideal candidate will posses:

  • Bachelor's degree from 4-year accredited university required; Advanced degrees considered but not required
  • Substantive analytic real estate underwriting experience (such as:
    • Real estate private equity investment associate or higher
    • Investment banking associate or higher
    • Real estate acquisition underwriting experience
  • Leadership experience to demonstrate ability to manage a team of investment analysts.
  • Excellent quantitative, analytic, and problem solving skills.
  • Strong interpersonal and management skills.

What's on Offer

In return our client are offering a fantastic benefits package that includes competitive base salary, Bonus, Share scheme, potential equity and relocation.

Apply for this job

Click the Apply or LinkedIn button below or contact Jonathan Cassidy quoting job reference 1199120
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