Acquisition Associate

Job Description

Position Summary:

Ascenda Capital is searching for a motivated, disciplined, and organized individual for a full-time position as an Acquisition Analyst in its Beverly Hills, CA office. This individual will work directly with the Principal and its team in sourcing new off-market acquisition opportunities and underwriting, analyzing potential opportunities, preparing investment summaries and memorandums. They will develop skills in business development, negotiation, investment strategy, underwriting, affordable housing, and ground-up construction. There will be significant room for growth in a young and growing company.

Job Responsibilities

• Source development and acquisition opportunities by canvassing properties and contacting owners 
• Underwriting and financial analysis
• Proforma budget modeling, evaluating cash on cash yields, IRR, equity multiples, ROI’s, and GP/LP waterfalls
• Database property and ownership information using proprietary software
• Create investment memorandums
• Create PowerPoint presentations to present government agency partners
• Assist in the due diligence process and closing of transactions
• Create and maintain relationships with investment sales brokers
• Support and help the business grow
• Assist with special projects as needed

Job Requirements 

Note: ONLY Southern California Applicants will be considered. This is an in-office position.

• Must have uncompromised determination and a passion for success
• Excellent oral and written communication skills
• Strong financial and analytical skills; strong reasoning abilities with high attention to detail
• Proficiency in Microsoft Office (Excel, PowerPoint, Outlook)
• Professionalism – in appearance, actions, and communications
• Entrepreneurial spirit - Ambitious, self-starter, team-player, etc.
• Organized, efficient, and detail-oriented

About Ascenda Capital:

Ascenda Capital is a privately held real estate investment and development firm based in Beverly Hills, CA. We specialize in the strategic acquisition and development of multifamily and residential real estate assets nationwide, with a focus on affordable (LIHTC) and middle-income housing. Since its inception in 2018, Ascenda Capital has acquired over $750 million of multifamily real estate assets nationwide.  

This opening is for a full-time position.  Base Salary + Bonuses.  Based on performance, there is significant room for growth in the company.