Director Acquisitions

Somerset Properties

Philadelphia, PA

Salary Estimate: Confidential

Employment Type: Full Time

Work Place: Part Remote

Experience Required: 7+ to 10 years

Education Required: 4 Year College

Job Description

Acquisitions Director responsible for sourcing, underwriting, and closing new investment properties, including representing the firm with brokers, sellers and lenders in our target markets.

Somerset Properties acquires, manages, develops and leases commercial property and we are looking for a self-starter and team player to help us continue to grow our platform and take their career to a new level.  This is a senior position that reports directly to the Managing Principal/Chief Investment Officer. The ideal candidate will have a minimum of 7 years of  acquisition experience with office and industrial property, including generating deal flow, underwriting and modeling, market research, due diligence, and investment presentations. Proficiency with Argus and Excel is a prerequisite. This individual will also possess strong organization and people skills.

Compensation includes base salary, incentivized annual performance bonus, health and retirement benefits, and participation in Fund investments and promote interests.  We are an established and growing firm with a flat organization structure where opportunities for growth and advancement are unlimited.  We are looking for someone with leadership qualities to take a prominent role in our continued growth and success.

Somerset Properties is a commercial real estate investment and development company with 5 million square feet and over $500 million of assets under management throughout the eastern United States. We are an entrepreneurial firm with a 25 year history of creating value for our investors and clients. In our history we have acquired, built, repositioned and managed over 10 million square feet of property with a total capitalization in excess of $1 billion. We are a growing company, currently investing our second co-mingled GP Fund.

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