US Real Estate- Vice President of Multifamily Acquisitions - Goldman Sachs

March 15, 2017

Goldman Sachs

Irving, Texas 75039
http://www.gs.com

US Real Estate (USRE) is a business unit within the Goldman Sachs Realty Management Division.  The group supports commercial and multifamily real estate services, including sourcing, underwriting and due diligence, acquisitions, asset management, construction and development activity, financings and dispositions for the firm's real estate investing activities. 

Responsibilities:

The Vice President will be responsible sourcing and analyzing investment opportunities for multi-family assets, including development, senior housing, and student housing. 

The ideal candidate will have experience in core-plus investing strategies, possesses knowledge of key real estate markets across the US and has strong relationships with industry contacts. 

This person will manage the acquisition process from initial bid through closing, including working with financial analysts that perform “pre-screen” underwriting and deal structuring; performing due diligence and underwriting once investments are under letter of intent., Work with internal stakeholders and third- party service providers including operating partners, lenders, appraisers, consultants, and attorneys to ensure that deals get closed 

Once investments are closed,  the candidate will be responsible for asset managing the investments, which includes business plan preparation and presentation, developing monthly cash flow projections, monthly and / or quarterly reporting, management and oversight of third party service providers, capital plan oversight, business plan execution, and developing disposition strategy of the assets 

Other related responsibilities include but are not limited to: 

  • Build and maintain relationships with brokers, operating partners, real estate developers, and other industry contacts 
  • Formulate and execute real estate investing strategies to maximize value through knowledge of real estate markets and value-add strategies
  • Assist in the development and presentation of real estate and other investment theses with recommendations to investing partners and senior management for approval 
  • Work closely with operating partners and third parties to evaluate asset performance an collect portfolio level financial information   
  • Lead sales and disposition efforts of assets including contract negotiation, transaction management and closing 
  • Conduct in depth market and portfolio analyses; understand industry trends and real estate market cycles

 

Basic Qualifications

  • Strong academic background - 4 year finance, real estate, accounting or math background preferred 
  • Minimum eight years of real estate experience with multi-family / residential living development, acquisitions, and asset management preferred 
  • Extensive experience in analyzing real estate investment opportunities and business modeling 
  • High-performing, driven professional with proven track record 
  • Solid analytical / logical mindset and attention to detail 
  • Strong written / verbal communication skills (clear, concise, and confident) and able to successfully manage internal / external relationships 
  • Must know MS Office Excel to an advanced level 
  • Self-starter and self-motivated 
  • Ability to work both autonomously and collaboratively in a team setting 
  • Able to work under tight time constraints and meet deadlines 


Goldman Sachs is an equal employment/affirmative action employer Female/Minority/Disability/Vet.  © The Goldman Sachs Group, Inc., 2015.  All rights reserved.