REAL ESTATE ACQUISITIONS & DEVELOPMENT ASSOCIATE

Job Description

Job Description

ABOUT US

Itzhaki Acquisitions is a full-service real estate investment and development firm founded in 2006. We buy,

reposition, and develop residential, mixed-use, and development properties, primarily in New York City,

with a growing footprint in self-storage and select markets, including Florida. Since inception we have

acquired more than $500 million in real estate, and we handle every stage of the investment cycle in-house:

sourcing, underwriting, construction, and asset management. Most of what we have bought was never

publicly for sale.

THE ROLE

This is a full-time, on-site position in our New York City office. The job of the Acquisitions Associate is to

source investments: calling property owners to introduce the firm, generating leads, building relationships,

identifying opportunities, and negotiating contracts. The calls are made daily and in volume; nearly every

deal in the firm’s history began as one of them.

The associate who opens a deal stays with it, through underwriting, contract, and closing, and learns the

business from people who have practiced it for a long time. For someone serious about a career in real estate

investment, it is a strong place to start.

WHY JOIN US

• More than $500 million in real estate acquired since 2006, across several asset classes and markets

• Direct access to the firm’s principals and involvement in decisions on live deals

• The full cycle under one roof: sourcing, underwriting, construction, and asset management

• Hands-on training from a team that has been doing this for a long time

• Room to grow as the firm grows

• A team that values people who execute, and who think creatively when a deal gets complicated

CORE RESPONSIBILITIES

• Call property owners every day to source off-market opportunities; the phone is the main tool of this

job

• Build relationships with owners, brokers, and intermediaries to find deals before they reach the

market

• Manage leads from first call to signed terms and keep the pipeline organized and moving

• Support underwriting with property research, comparable sales, and return modeling

• Review ownership, zoning, and title, and flag assemblage and repositioning angles in target corridors

• Help carry deals through diligence and closing: site visits, follow-ups, and coordination with

attorneys, consultants, and contractors

IDEAL CANDIDATE

• Comfortable and confident on the phone with owners and brokers

• Organized, with the discipline to follow up week after week

• Writes and speaks well

• Serious about building a long-term career in real estate investment

• Experience in acquisitions, brokerage, underwriting, or sales helps, but we will train the right person.

Itzhaki Acquisitions is a full-service real estate investment and development firm founded in 2006. We buy,
reposition, and develop residential, mixed-use, and development properties, primarily in New York City,
with a growing footprint in self-storage and select markets, including Florida. Since inception we have
acquired more than $500 million in real estate, and we handle every stage of the investment cycle in-house:
sourcing, underwriting, construction, and asset management. Most of what we have bought was never
publicly for sale.

Company Description

Itzhaki Acquisitions is a full-service real estate investment and development firm founded in 2006. We buy,\r\nreposition, and develop residential, mixed-use, and development properties, primarily in New York City,\r\nwith a growing footprint in self-storage and select markets, including Florida. Since inception we have\r\nacquired more than $500 million in real estate, and we handle every stage of the investment cycle in-house:\r\nsourcing, underwriting, construction, and asset management. Most of what we have bought was never\r\npublicly for sale.