Senior Director, Acquisitions

McWhinney is a privately held full service real estate development, investment and management company with a team of highly talented associates. We are passionate about creating great places for people and providing fabled experiences. We are "evergreen," which means that we constantly strive to prosper in all phases of the real estate cycle. At McWhinney, we attract and retain the best and brightest in the industry and are constantly building our team to achieve our goals.

POSITION SUMMARY:

McWhinney is seeking a Sr Director of Acquisitions responsible for identifying Multifamily, Built to Rent and other residential development sites in designated markets. This role includes assisting in market analysis/selection, underwriting each investment, finding development land sites, sourcing asset acquisition opportunities, sourcing JV development opportunities, preparing investment committee materials and relationship-building. The Sr Director of Acquisitions will work with the Housing Development Team to establish the company’s short-term and long-term investment strategies aimed at expanding the company’s pipeline.

We will be hiring for this position in Denver, CO OR Austin, TX. 
Denver Posting: https://www.paycomonline.net/v4/ats/web.php/jobs/ViewJobDetails?job=84752&clientkey=8D7814A0D62B4B1F0F19BB1BCA1C78E8
Texas Posting: https://www.paycomonline.net/v4/ats/web.php/jobs/ViewJobDetails?job=85481&clientkey=8D7814A0D62B4B1F0F19BB1BCA1C78E8

Key Responsibilities:

• Originate, underwrite, negotiate and close Multifamily, Build-to-Rent and other developments and acquisitions in Colorado, Texas and/or Utah.
• Source and identify land sales both brokered and off market.
• Source and identify new joint venture partners and create relationships that will provide a consistent pipeline of suitable investment opportunities.
• Prepare detailed investment memos to Investment Committee that include robust analysis of opportunity and market.
• Point person on land sale, JV partnership and investment structure negotiations.
• Work with legal, internal and external, to negotiate purchase agreements, partnership agreements and related legal documentation.
• Alongside the development managers and asset managers, coordinate the underwriting and due diligence of each transaction including financial modeling; market surveys; broker interviews; interacting with property management personnel, tenants, and local government officials; and ordering, coordinating, and analyzing with development managers any necessary third-party reports.
• Provide company management with information regarding current market conditions, including supply, demand and competitor activity.
• Provide regular and consistent reporting on acquisitions activity and market fundamentals to Ownership, Investment Committee, Board of Advisors and EVP of Housing.
• Prepare and communicate detailed analyses describing the key attributes of growth opportunities and target acquisitions
• Work collaboratively with finance and business unit leaders to prepare and analyze financial models for potential acquisitions and growth opportunities through direct and indirect supervision of teams
• Prepare and maintain activity tracking systems and prepare periodic status reports for executive leadership and the board of directors
• Play an active leadership role in the company and drive the corporate strategy while modeling our core values

Salary Range: $175,000 - $225,000 Annually, plus bonus

Benefits:

McWhinney offers a competitive benefits package for full-time Associates including medical, dental, vision, life insurance, short-term disability, long-term disability, 401(k), and employee assistance plan. Additionally, we offer a generous paid time off plan that includes a week off between Christmas and New Year’s!

This job description is intended to provide a general overview of the position. It is not designed to be a comprehensive nor detailed description of all the responsibilities and accountability of the role. As an agile company, our positions can and do change based on the business need of the organization.

If you are a recruiter or placement agency, please do not submit resumes to any person or email address at McWhinney. McWhinney is not liable for and will not pay placement fees for candidates submitted by any agency other than its approved recruitment partners. McWhinney is not currently seeking any new recruitment partnerships. Furthermore, any resumes sent to us without an agreement in place will be considered your company’s gift to McWhinney and may be forwarded to our recruiters for their attention.

McWhinney is committed to the principle of equal employment opportunity for all associates. All employment decisions at McWhinney are based on business needs, job requirements and individual qualifications. All applicants will be considered for employment without attention to age, race, color, sex, sexual orientation, gender identify, national origin, veteran or disability status.

• BA or BS in Finance, Economics, Business or related field preferred;
• 8-10 years of experience in direct acquisitions, primarily in Multifamily properties;
• Detail-oriented with strong administrative and analytical skills
• Self-starter, comfortable working alone or with a team within a flexible workflow
• Demonstrate excellent verbal and written presentation abilities to communicate complex strategic topics
• Willing to travel up to 50% of time