Acquisitions Manager

Job Description

Intracorp, a well-established and dynamic Seattle-based Real Estate Development Company is seeking an Acquisitions Manager who

will play an integral role in defining and implementing the Company’s acquisition objectives.  Market knowledge is critical as well as the

ability to cultivate and maintain broker and owner relationships. The Acquisitions Manager needs to not only identify new acquisitions

and development opportunities, but to own and back-up underwriting assumptions while working with other departments during

the various stages of acquisition and due diligence to meet time critical deadlines. Thinking outside the box to find creative ways to

make sure deals are successfully closed is key. Daily activities may include sourcing and tracking acquisition prospects and presenting

weekly to the executive team, understanding supply and market trends, preparing investment memos, market analysis and pro forma

analysis.

Responsibilities include, but not limited to the following:

• Analyze markets (lease and sale comps, broker reports and statistics), location, and historical project information to confirm and establish appropriate underwriting assumptions.

• Actively pursue and control development opportunities in targeted neighborhoods by becoming experts in local market knowledge and by building and sustaining relationships with property owners and brokers by networking and persistent follow up.

• Build and maintain acquisition transaction pipeline report. Meet with senior management to timely report on deal flow status and to strategize on pursuit activities.

• Underwrite potential acquisitions to standard program assumptions.
• Prepare letters of intent, summarize transaction deal points and negotiate purchase agreements.
• Initiate due diligence activities with Company development personnel once a property is under contract, coordinate with senior development personnel through the due diligence period and to complete investment memos.

The ideal candidate will have a minimum of 3 years of residential (for-sale or for-rent) real estate financial analysis, development, acquisition or brokerage experience.  Minimum of a bachelor’s degree in Business, Engineering or equivalent.  Proven independent self-starter with exceptional communication and organizational skills and eager to work in fast-paced, rigorous entrepreneurial environment.

 

Intracorp offers excellent benefits, which include paying 100% of the monthly premium for medical, dental and vision for the employee.

 

To Apply: Individuals meeting the criteria above are encouraged to submit their resume and cover letter. While we thank all candidates for their interest, only those selected for follow-up will be contacted