Acquisitions Analyst- Multifamily Investments

Job Description

Job Description

Bluecore Residential (formerly Mount Auburn Multifamily/Bluestone Properties) is a private multifamily real estate investment firm founded in 2004. We've manage over 16,000 multifamily units across high-growth markets nationwide and were the largest seller of multifamily properties in the U.S. in 2022, consistently achieving deal-level IRRs exceeding 30%.

With the launch of our new pension fund partnership and dedicated acquisition fund, we are expanding our pipeline of preferred equity investments and acquisitions, with a primary focus on Class A multifamily assets in the Sunbelt. Our long-term vision is to deploy over $10B in capital over the next 7–10 years and scale the platform to 40,000–50,000 units.

Bluecore is adding a Acquisitions Analyst to support our multifamily investment team in Newport Beach, CA. The Acquisitions Analyst will work on multifamily acquisitions as well as preferred equity investments in multifamily development projects. They will provide support for all activities from initial underwriting through closing. They must be comfortable with high deal volume and will be working on several projects at once. The ideal candidate will be detail oriented, organized, and have outstanding underwriting and business writing skills. They will work directly with an experienced, close-knit team looking to rapidly scale our investment portfolio.

The Acquisitions Analyst will be preparing and assembling multifamily valuations, market studies, executive summaries, and investment memorandums. The ideal candidate will have strong organizational and analytical skills and be an effective problem-solver.

Responsibilities

· Review all underwriting materials

· Analyze income and expense statements

· Perform market studies

· Maintain a detailed investment pipeline and communicate with senior management

· Create executive summaries and investment memorandums

· Work with closing team on completing checklist items

Skills/Software:

· Advanced computer skills

· Internet research

· Microsoft Word and Excel

· Adobe Acrobat

Requirements

• Bachelor's Degree in Finance, Economics, Accounting, Business or related field.

• You have at one-three years of experience in multifamily real estate finance.
• You have at least one year of experience underwriting multifamily acquisitions.
• You have at least one year of experience as a Financial Analyst.
• You have advanced computer skills; including Word, Excel and Adobe Acrobat.
• You have excellent interpersonal and communication skills.
• You have excellent writing skills.

Benefits

Competitive Salary- The salary for this position will be determined based on the candidate's total relevant experience. Relevant experience would be 1-3 years underwriting multifamily acquisitions.

Performance Bonuses - Our corporate team participates in performance-based bonuses.

Paid Time Off - Unlimited DTO starting upon hire.

Mentorship- Work with an experienced team of multifamily investment professionals.

Holiday Pay - 10 full paid holiday.

Paid Volunteer Hours - 8 hours of paid volunteer time you can use throughout the year.

Housing Discounts - 25% off rent available for all employees off any unit.

Comprehensive Insurance Benefits - Medical PPO, HDHP, FSA, HSA with employer match

Dental, Vision, STD, & LTD.

Retirement Plan - 401K with a 25% company match up to 6%.

Travel & Personal Discounts - Company rate National/Enterprise rental cars for leisure travel, plus additional discounts with Verizon (18% discount) and Expedia (10% discount).

Certification Reimbursement - Full reimbursement for approved industry related certifications, including CAM, CPO, EPA, and more!

Tech Forward & Transparent Culture - Innovative internal software to make your job easier!

Cultural Appeal - We run on transparency and healthy debate (No Fear of Conflict); you are encouraged to appeal and share what is not working well. Your voice truly matters!

EOE