Acquisitions Manager

Job Description

About TruAmerica

TruAmerica Multifamily is a Los Angeles-based investment firm specializing in acquisitions, value added asset management, capital improvement renovations and rehabilitation of Class B or better multifamily housing in the Western and Eastern United States and Texas. With over 44,000 apartment units currently under management, TruAmerica has cultivated the best talents in the industry to create a first-class multifamily investment platform.

Acquisitions Analyst Responsibilities 

With support and guidance from the entire TruAmerica Team, the Acquisitions Manager will assist the Acquisitions and Asset Management teams in the following ways: 

Responsible for managing and overseeing all analyst and intern level functions of the investment process. This includes reviewing underwriting, reviewing investment memos, and running the due diligence/closing process.

• Assist the Acquisitions Officer in sourcing marketed and off-market multifamily investment opportunities in target markets.
• The scope of responsibilities of co-sourcing involves creating and maintaining relationships with principals and investment sales brokers, tracking pipeline of potential investment opportunities, and screening deals based on TruAmerica’s investment criteria.

• Partners directly with lenders (agencies, bank, life co, debt fund) to source, evaluate, and close the optimal form of debt capital for each investment opportunity.

• Manages and trains analysts/interns on primary expectations.

Qualifications

• Bachelor’s degree or higher with a major in real estate business, finance, economics or related field. 
• The ideal candidate will have prior business experience at a real estate investment firm, commercial mortgage banking firm, financial institution, or accounting firm. Candidates with strong backgrounds in other areas will also be considered. 
• Excel, PowerPoint, and Word experience a must along with strong quantitative and analytical skills.
• Familiarity with financial models that include complex financial and waterfall analysis 
• Attention to detail and a desire to produce the highest quality work product 
• Superior organizational skills and the ability to manage multiple complex and diversified work-streams in a fast-paced environment.
• A flexible team player who takes initiative and is dedicated, hard-working, and has an ability to work in a collaborative environment.

Physical Demands 

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job.  Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

• Ability to sit for up to 10 hours per day
• Ability to move freely around the office for up to 10 hours per day
• Ability to communicate verbally and in writing 

Why Join TruAmerica Multifamily?

• We’ll give you the autonomy and resources to make an impact
• Competitive Compensation and Bonus Eligibility
• Opportunity to invest with other employees in an executive pool.
• Employer sponsored benefits (Medical, FSA, Dental, Vision, Long Term Disability and Life) package including 401k with employer matching contribution.
• Competitive Vacation that respects your time away to observe, have fun or simply rejuvenate.
• Generous employee engagement initiatives, training and more!

TruAmerica Multifamily is proud of our commitment to be an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, gender, gender identity or expression, sexual orientation, national origin, genetics, disability, age, or veteran status.