Senior Acquisitions Associate

Job Description

Associate - Role & Responsibilities 

Position

• Wedgewood Avenue is seeking a hungry, entrepreneurial ‘go-getter’, who is a smart, aggressive, personable, and a problem solver.  A strong candidate must exhibit excellent technical skills and be confident in his or her ability to identify opportunities to add value to the company in every way possible.

Property Acquisitions

• Analyze and underwrite potential investment opportunities, including financial model creation and manipulation
• Develop asset-level business plans and value-add strategies
• Complete on-site and desktop due diligence, structure capitalization, and help complete closing processes
• Draft investment and financing packages
• Compile, analyze, and present market data
• Take meeting minutes and ensure follow up action items are tracked and completed

Property Asset Management

• Support firm’s capital market activities; including interfacing with mortgage brokers, investors, and other sources of both debt and equity
• Manage third party property management and leasing management in the exaction of lease-up, construction, or alternative value-add strategy
• Generate monthly transaction reports / quarterly updates for distribution to company, its lenders and investment partners
• Assist firm’s legal and tax counsels in coordination, negotiation, preparation, and review of all project related documents such as; loan documents, operating agreements, etc.
• Monitor compliance for all loan agreements and all risk management matters including but not limited to; tracking all insurance requirements, guarantee requirements, at risk deposits and letters of credit
• Take meeting minutes and ensure follow up action items are tracked and completed

Qualifications

• Bachelor’s degree required (finance, real estate, economics, or other quantitative area of study preferred).
• At least 3 years of commercial real estate or investment banking experience (experience in underwriting & developing multifamily, self storage & mixed use properties.
• Advanced proficiency in financial modeling and memorandum writing utilizing Microsoft Office (Excel, Word, PowerPoint) and Argus software
• Strong entrepreneurial spirit
• Excellent analytical skills, detail oriented, highly organized
• Team player with good interpersonal skills
• Self-starter with positive attitude and hard work ethic
• Ability to multi-task in fast paced environment

Compensation:

• Base compensation salary of $100 - $125k
• Annual bonus of 10-20% of base salary
• Rapid track to participate in promote equity 
• Standard benefits - Health, Dental, Vision, 401-K, etc.