Acquisitions and Development Analyst
Arcland Property Company
Washington, DC
Salary Estimate: Confidential
Employment Type: Full Time
Work Place: Office
Experience Required: 1+ to 2 years
Education Required: None
Job Description
You are a person:
Who is committed to getting details right…
Who is committed to driving positive outcomes to complex challenges...
Who wants to join a company that is committed to expansion...
Who is a leader that makes decisions that positively impact the organization.
We are a regionally dominant self storage development and management company (under our Self Storage Plus brand) rapidly growing regionally and nationally. We are looking for a candidate to join our team as an Acquisitions and Development Analyst.
The ideal candidate must be a highly motivated self-starter who is intellectually curious, enjoys working in a fast-paced environment and adapts easily to rapid change. The Acquisitions and Development Analyst will be involved in all stages of the investment process, with a focus on sourcing, underwriting, and closing ground-up developments and existing self storage assets.
Essential Duties and Responsibilities
Job Responsibilities:
- Work closely with the VP of Acquisitions to acquire 8+ new development sites and 10+ existing self storage assets, annually.
- Research and analyze viability of new self storage sites nationally.
- Manage database of market data to accurately underwrite new acquisitions.
- Work closely with operations and finance teams to take projects from concept to stabilization.
- Create and manage project proforma’s along with the Vice President of Development.
- Coordinate with Acquisitions and Finance teams on land and loan closings.
- Lead the on-boarding process of new stores and new developments along with the Director of Asset Management.
- Research soft and hard costs for new development projects.
- Engage in outreach to owners, developers, and key stake holders in the commercial real estate industry to grow the Arcland and Self Storage Plus brands.
- Own the collection and analysis of data critical to the self storage operations and store performance.
Required Skills, Knowledge, and Characteristics:
- Committed to driving positive outcomes to complex challenges
- 3-5 years of commercial real estate development experience preferred
- Strong analytical background with experience underwriting real estate transactions
- Comfortable with complex Microsoft Excel and other Office software
- Detail-oriented and highly organized
- Opportunistic, entrepreneurial spirit, “go-getter”
- Adaptable, ready to learn, and highly responsible
- Multi-tasking and effective time management
- Effective telephone and in-person oral communication skills
- Strong written communication skills
- Works well independently and in a small office environment
- Ability to lead and execute on initiatives
- Bachelor's degree preferred
Compensation and Benefits:
Arcland offers a competitive salary based on experience and skills, as well as an excellent benefits package including employer-paid health, disability and life insurance, 401(k) savings plan with employer match, flexible spending accounts and paid time off.
If you are a person who is looking for a challenge, who wants to be challenged, and wants to grow with a company that is committed to your success, please reach out today.
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