Senior Associate, Acquisitions

Job Description

Job Description

Headquartered in the Greater Washington area, American Real Estate Partners (AREP) is a US-based leading institutional fund manager and real estate partner with over $13 billion deployed across key U.S. markets. Specializing in data center, residential, industrial, and office assets, AREP has acquired more than 34 million square feet of Class A real estate and currently manages over 25 million square feet.

PowerHouse Data Centers, a wholly owned division of AREP, is a developer and owner of next-generation data centers and provides technical real estate solutions for hyperscalers across the country. Backed by strategic joint venture partnerships, PowerHouse leverages its proven leadership and best-in-class technical expertise to deliver innovative real estate solutions.

Job Description:

The Senior Associate is primarily responsible for performing financial analyses, evaluating investment returns, conducting due diligence review, creating investment summaries, maintaining investment pipeline and special projects. This position is critical to providing support to the Managing Director and Director of Acquisitions in selecting and acquiring land sites for the delivery of data center development and other investments. The Senior Associate reports to Managing Director of Acquisitions and has an in-office schedule.

Essential Duties & Responsibilities:

• Perform various financial analyses for existing and prospective investment opportunities in Excel for multi-building data center developments.
• Create complex and dynamic pro forma models and sensitivity analyses for project cash flows and investment returns for joint venture partners and internal fund.
• Calculate returns assuming various capital structures.
• Lead equity and debt financings, including marketing, underwriting, and managing due diligence and closing processes.
• Perform and compile market research, statistics, comparables, and market activity. Compile and analyze data for existing markets and ground-up developments.
• Prepare presentation-ready investment materials, including investment summaries, lender packages, business plans and presentations.
• Update and maintain investment database and pipeline of deals in the market.
• Ensure all necessary aspects of the due diligence process for any investment opportunities being pursued are complete, including land development screening, review power study, geotechnical, wetland environment and other third party reports, market analysis and competitive positioning.

Key Qualifications & Competencies:

• Bachelor's degree required. Candidates with degree(s) in math, real estate, business finance, economics or related area are strongly encouraged to apply.
• 5+ years of work experience in the commercial real estate industry with at least 3 years of experience as an analyst or associate in acquisitions or development.
• Strong technical proficiency in the Microsoft Office suite, with advanced skills in Excel and experience developing presentations in PowerPoint.
• Proven experience with commercial real estate modeling, including office, industrial, and/or data center financial modeling.
• Excellent written communication, verbal and analytical skills necessary to communicate with internal and external partners.
• Strong time management skills, attention to detail and commitment to follow through managing multiple concurrent projects and deadlines
• Strong ability to navigate ambiguity and pivot quickly in high-growth environment.
• Excellent analytical thinking and problem-solving.
• Candidates with prior data center experience are strongly encouraged to apply.

AREP offers a competitive benefits package that includes medical, dental, and vision coverage for you and your eligible family members, a Flexible Spending Account (FSA), life and supplemental life insurance and short and long-term disability insurance. Our package includes Paid Time Off, Parental Leave, 401(k) plan with employer match, Employee Assistance Program and Employee Discount Program.

AREP is an equal employment opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, age, national origin or ancestry, physical or mental disability, as well as any other category protected by applicable federal, state, or local laws.

If you require special accommodation, please email View email address on ziprecruiter.com.

AREP does not accept unsolicited resumes or identifiable candidate information from third-party recruiters. Any unsolicited information will not be considered for engagement purposes.