Director of Multifamily Acquisitions
$150k - $175kContinental
Director of Multifamily Acquisitions
Continental Properties is looking for a Director of Multifamily Acquisitions to join our team specifically in Milwaukee, Chicago, or Madison.
As the Director of Multifamily Acquisitions, you are responsible for the identification of, and securing approval for a developer of market rate, attainable, and build to rent communities. You will lead a multi-disciplined project team through our project lifecycle from site identification, due diligence, entitlement, permitting and construction. You will report to the Vice President of Acquisitions Leader.
Essential Responsibilities:
- Evaluate regional and local market fundamentals to identify target submarkets
- Create clear market strategies for each target marker; develop an understanding of each market and become a local expert
- Evaluate sites based on Continental's site selection criteria and complete financial analysis to determine viability and profitability of potential sites
- Develop and maintain relationships with landowners including negotiating all business points for the site acquisition
- Complete risk/reward analysis; identification of critical path
- Understand the pro-forma including total project costs, revenue projections, cash flows and how each variable effects return
- Present projects to Investment Committee and external partners such as lenders, investors and municipal staff/politicians
- Meet the annual pipeline and groundbreaking goals
Skills for Success:
- Bachelors Degree in Real Estate, Finance, or Business required
- Minimum 7 years of relevant experience, including leading and mentoring teams
- Experience completing a deal from start to finish; existing skills in all transactional areas of development
- Proven track record of success in real estate industry, demonstrated knowledge of what it takes to make a project site successful
- Builds relationships to support team collaboration, understands how to navigate through and anticipate challenges, easily adapts to find thoughtful solutions
Why You'll Love Life at Continental:
Our award-winning culture fosters innovation and empowers our team members to lead. Here are some of the reasons that our team members continue to vote for us as a Top Workplace:
- Career Growth: You'll have the tools, training, and opportunities for a meaningful career with long-term growth potential. We invest in your learning & development with paid professional memberships, certifications, and tuition reimbursement.
- Mental Health & Wellness: Your well-being matters. We provide comprehensive mental health support including but not limited to 8-free counseling sessions per year and access to additional wellness resources.
- Balance: We recognize that balance varies for everyone, and we support our team members with that in mind. Recharge with generous vacation time, 9-paid holidays, and half-days on Fridays during designated months.
- Community & Connection: Build relationships through informal gatherings, lunches, community and company events, volunteer opportunities, and a vibrant social culture. Learn more about recent Continental events here!
- Culture of Belonging: The Continental IDEA (Inclusion, Diversity, Equity, & Allies) is our commitment to evolving our culture where team members feel a sense of belongingness each day. Our You Belong Here Initiative and Business Resource Groups focus on fostering an inclusive and equitable work environment for all.
- Performance Incentives: Participate in our Building Above and Beyond (BAAB) incentive program that rewards team members annually based on company goals and achievements, and Share in the Health Appreciation of Real Estate (SHARE) developed by the company to earn long-term incentives based on the success/profitability of each project you work on.
- Industry-Leading Benefits: Enjoy a comprehensive benefits package, including Medical, Dental, and Vision Plans, flexible spending accounts, 401(k) with company match, and company-paid life and disability insurance.
- Family Support: Support your growing family with 6-weeks paid parental leave and with family-forming & fertility resources (up to 12-weeks leave for birth mothers).
We are committed to equal employment opportunity regardless of race, color, ancestry, religion, sex, national origin, sexual orientation, age, citizenship, marital status, disability, gender, gender identity or expression, or veteran status. We are proud to be an equal opportunity workplace.
We comply with the Americans with Disabilities Act (ADA), and all applicable state and local fair employment practices laws, and are committed to providing equal employment opportunities to qualified individuals with disabilities.
For the benefit of our residents, the communities we serve, and our co-workers, all applicants are required to pass a post-offer criminal background check prior to joining the Continental team.
We are committed to fair and equitable compensation practices. The posted salary range represents our good faith estimate of the base salary for this role at the time of posting. Final compensation is based on a variety of factors, including a candidate's experience, skills, qualifications, and internal equity. This range does not include bonus potential or other forms of compensation and benefits.
Compensation Range - $150,000 to $175,000 with lucrative deal and annual incentives
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