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Regional Acquisitions Manager Jobs

Company

MSB Resources

Address North Carolina, United States
Employment type FULL_TIME
Salary
Expires 2023-06-23
Posted at 1 year ago
Job Description

Position Summary:


Our client is committed to teamwork, through a spirit of honesty, trust and mutual respect. While this job description is complete, some responsibilities may not be specifically addressed.

The Regional Acquisition Manager will work closely with the CIO and other members of the investment team to identify, evaluate, and execute new investment opportunities. This individual must have a deep understanding of the multifamily industry, including market trends, regulations, and financing options.


Primary Responsibilities:

• Identify potential acquisition opportunities in the multifamily sector through various sources such as brokers, market research, and networking.

• Create clear market strategies for each target market; develop an understanding of each market and become a local expert

• Conduct financial analysis, market research, and property due diligence on potential acquisitions to evaluate their viability and potential returns. Understand the pro-forma including total project costs, revenue projections, cash flows and how each variable effects return

• Oversee all aspects of the acquisition process, including submitting offers, negotiating purchase agreements, and coordinating due diligence efforts with outside parties such as attorneys, engineers, and appraisers.

• Review and analyze due diligence documents related to the acquisition process, including title reports, environmental assessments, and property condition assessments.

• Cultivate and maintain relationships with brokers, owners, and other industry professionals to expand the company's acquisition pipeline.

• Collaborate with the regional teams to ensure a seamless transition from acquisition to management.

• Stay up-to-date on market trends and economic conditions that could impact the multifamily sector and investment decisions.


Qualifications:

• Bachelor's degree in business, finance, or related field

• At least 5 years' experience in multifamily acquisitions

• Knowledge of local and national real estate markets and trends

• Strong negotiation and networking skills

• Excellent financial analysis and modeling skills

• Ability to work independently with minimal supervision

• Strong communication and interpersonal skills

This job description is a guide of expected duties. Additional duties may be assigned. The job description is neither complete nor permanent and may be modified at any time.