Director of Acquisitions

A bit about us:

We are currently engaged with a Beverly Hills-based real estate investment and development firm, to recruit for it's Director of Acquisitions. This role is On-site Mon-Friday.

Why join us?

• 401K match
• Superb Medical and dental insurance
• Fantastic growth potential
• Equity Potential
• 20% Bonus
• In office in Beverly Hills

Job Details

Responsibilities:

This role is 100% in-office due to the collaborative nature
Identify and source Commercial Real Estate Opportunities Nationwide
Network with brokers and owners to produce deal flow and present it to the department on a weekly basis
Travel regularly to target markets to meet with brokers/sellers and inspect opportunities along with their competitive set
Negotiate legal documents such as LOIs, AAs, PSAs with assistance from counsel
Active involvement in the due diligence and closing process
Develop each opportunity's business plan and determine assumptions, leveraging knowledge from the various departments within BKM
Vet/Approve and ensure detail of market analysis (comps sale & lease and competitive property set) to determine/support underwritten assumptions
Work with asset management, construction management, and leasing management to ensure credibility and accuracy of assumptions
Work with debt capital markets teams to ensure accuracy of loan & modeling of such loan terms
Oversee financial analysis for all acquisitions, dispositions and recapitalizations in target markets
Ensure the accuracy of all underwriting, modeling and market analysis
Review Argus and Excel models to make sure assumptions are inputted correctly and align with standard underwriting policy
Responsible for Investment Committee memos, Deal Snapshots, and other investor materials
Support and define underwritten assumptions with investment committee, capital partners, and other interested partners/stake holders
Answer questions from joint venture partners intelligently and thoroughly
Present opportunities to Investment Committee and Joint Venture Partners
Mentor and manage at least one financial analyst/associate as a direct report
Develop growth plan for direct report and hold regular meetings to provide feedback
Recommend resources for direct reports' growth and development

Jobot is an Equal Opportunity Employer. We provide an inclusive work environment that celebrates diversity and all qualified candidates receive consideration for employment without regard to race, color, sex, sexual orientation, gender identity, religion, national origin, age (40 and over), disability, military status, genetic information or any other basis protected by applicable federal, state, or local laws. Jobot also prohibits harassment of applicants or employees based on any of these protected categories. It is Jobot's policy to comply with all applicable federal, state and local laws respecting consideration of unemployment status in making hiring decisions.

Sometimes Jobot is required to perform background checks with your authorization. Jobot will consider qualified candidates with criminal histories in a manner consistent with any applicable federal, state, or local law regarding criminal backgrounds, including but not limited to the Los Angeles Fair Chance Initiative for Hiring and the San Francisco Fair Chance Ordinance.

Information collected and processed as part of your Jobot candidate profile, and any job applications, resumes, or other information you choose to submit is subject to Jobot's Privacy Policy, as well as the Jobot California Worker Privacy Notice and Jobot Notice Regarding Automated Employment Decision Tools which are available at jobot.com/legal.

By applying for this job, you agree to receive calls, AI-generated calls, text messages, or emails from Jobot, and/or its agents and contracted partners. Frequency varies for text messages. Message and data rates may apply. Carriers are not liable for delayed or undelivered messages. You can reply STOP to cancel and HELP for help. You can access our privacy policy here: jobot.com/privacy-policy