Director of Acquisitions

Director of Acquisitions Job Description Template

Our company is looking for a Director of Acquisitions to join our team.

Responsibilities:

  • Lead deal structuring, negotiate terms and review legal documents;
  • Consistent travel will be required to target markets throughout Tennessee, Kentucky, and Alabama;
  • Approximately 60% travel;
  • Ability to write clear, concise communications and draft presentations accordingly;
  • Maintain existing and establish new relationships with brokers, owners, operators, attorneys and existing company connections in target markets;
  • Manage interaction with advisors, intermediaries, service providers, co-investors and debt providers;
  • Lead and manage deals, including all aspects of transaction due diligence (financial/tax, commercial, operational, technology and other as applicable);
  • Review extensive financial models (including valuations, deal structuring, etc.) and draft heads-up and investment memorandums and presentations;
  • Create, establish and validate the value-add business plan;
  • Manage the transition of acquired properties to property management and construction teams;
  • Build and maintain relationships with real estate developers, operators, industry brokers, and referral sources;
  • Track and maintain domain expertise in market trends for assigned markets (west coast & mountain states);
  • Perform financial projections including return expectations, market feasibility and cost analysis.

Requirements:

  • Degree in economics, finance, mathematics or related;
  • Experience reviewing transactional due diligence, including financial, organizational, and real estate documents;
  • Up to 25% travel required;
  • Directly-related experience in multifamily real estate acquisitions, financing, underwriting and development is required;
  • Extensive Microsoft Excel modeling skills required;
  • Strong financial and analytical skills, relationship management skills and writing skills;
  • Strong organization skills and ability to coordinate complex activities, prioritize conflicting demands and meet deadlines;
  • Must have a record of high integrity and strong ethics;
  • Pass criminal background screening prior to employment;
  • Must have 5-10 years of experience in acquisitions, business development, and underwriting and closing multifamily transactions;
  • Capacity to balance competing interests, and attention to detail matched with an ability to place such detail into a broader perspective;
  • Must demonstrate strong ethics and commitment to Company values in interpersonal relations and work as an effective, collaborative team member;
  • Strong negotiation skills and demonstrated skill in making decisions with varying amounts of information available;
  • Bachelor’s Degree required; Master’s Degree in Business Administration, Finance, Real Estate or other related field preferred;
  • Must be highly motivated and able to work independently.