Acquisition Associate

Job Description

Job Description

Become the newest member of our exciting team at SROA Capital as we redefine self-storage!

At SROA, we offer a career and opportunity to grow. We strongly believe in growing our talent and promoting within. We are proud to be honored as one of the TOP WORKPLACES of South Florida by the Sun Sentinel two years in a row.

SROA Capital is a vertically integrated private equity real estate and technology platform that has evolved into a global asset manager with a successful track record of providing risk adjusted returns to its partners through its focused strategy of investing in self-storage. SROA is headquartered in West Palm Beach, FL and has invested, redeveloped, and developed self storage across the risk spectrum in major and secondary markets across the United States under the brand Storage Rentals of America and the UK under the brand Kangaroo Self Storage with approximately 900 employees globally.

The Acquisitions Associate assists the Acquisitions Team and Senior Management in executing SROA’s overall acquisition strategy through the identification, analysis, and due diligence of potential acquisitions.

Duties and Responsibilities

• Identify prospective real estate assets within local markets.
• Act as an SROA liaison in developing relationships with direct owners in identified growth markets.
• Provide analytical reporting and project support to the acquisitions team and senior management.
• Assist with financial investment analysis models and proformas.
• Assist with due diligence process of prospective acquisitions including review of third-party reports and property conditions.
• Conduct market research and analysis including market comps, supply analysis and market share review.
• Assemble investment memorandums for senior management and investment committee.
• Monitor and analyze the financial performance of acquisitions.
• Prepare ad-hoc reports and assist with special projects for senior management as needed.
• Additional duties and projects as assigned.

Qualifications

• Bachelor’s degree in Real Estate, Finance or Business Management preferred.
• 1-3 years’ experience in commercial real estate brokerage, real estate acquisitions, finance, or asset management.
• Experience conducting investment underwriting, financial analysis, modeling and preparing written investment recommendations.
• Proficiency in Microsoft Office, Excel and Power Point required.
• Must possess a strong work ethic. Integrity, and commitment to meet deadlines are essential candidate attributes. Must be proactive and self-motivated.
• Must demonstrate strong interpersonal communication and writing skills.
• Travel 75% of time expected

SROA Offers:

• Competitive pay with bonus potential
• UKG Wallet – on-demand pay option
• 100% paid medical coverage options for employee-only
• Dental and vision plans for optimal care
• Eight (8) paid holidays
• Generous Paid Time Off (PTO), increasing with years of service
• Paid Maternity and Parental Leave for growing families
• 401(k) with substantial employer match and 100% immediate vesting
• Flexible Spending Accounts (FSA), Health Savings Accounts (HSA), and Dependent Care Flexible Spending Accounts (DCFSA) for tax-advantaged savings
• GAP Insurance for added financial protection
• Employer-paid Life Insurance and Short-Term Disability coverage
• Long-Term Disability (LTD) coverage for added peace of mind
• Pet insurance – because your pets are family too
• Storage Discounts to help you declutter and organize
• Access to Voluntary Benefits for personalized coverage
• Learning and development opportunities to maximize your potential and excel in your career
• A great culture that values collaboration, innovation, and inclusivity

SROA is an Equal Opportunity employer and uses the federal government E-Verify system to verify employment eligibility.