Acquisition Director

Job Description

Acquisition Director – San Francisco, CA 

The Company

United Growth was founded in 1986 and specializes in national necessity retail real estate development and investment.  The firm has a proven track record of successfully executing development and redevelopment projects across the United States.  United Growth launched its private equity fund series in 2015 and is rapidly growing its portfolio.  The firm is currently investing in its second fund and has begun marketing its third fund.  United Growth is directed by a management team with diversified real estate experience (including significant experience with prominent real estate investment institutions) in the acquisition, re-positioning, development, construction, leasing, financing, and operations of retail property.

The Role

We are currently seeking candidates to fill an Acquisitions Director role in San Francisco, CA.  The Acquisitions Director will be responsible for sourcing acquisitions opportunities and will work hand in hand with the Managing Director, Acquisitions.

The successful candidate will be a resourceful self-starter with a demonstrated track record of deal sourcing.  Strong interpersonal abilities are needed to interface with real estate brokers, investment committee, and fund investors.

Key Duties & Responsibilities – Acquisition Director

• Able to work as a part of an Acquisition team that has the tools, models, and process in place to be successful with clear direction and strategies.
• Accountable and interested in building long-term relationships with our partners.
• Able to work independently and collaboratively within the acquisitions team to execute the current fund strategy most effectively.
• This is a large marketplace that is fragmented, Team has the perspective to direct the Acquisition Director toward the appropriate pipeline.

• Able to employ varied deal sourcing strategies:
  • Stressed assets due to debt challenges, lack of capital to execute, lack of retail expertise, vacancy, and major anchor turnover.
  • Joint Venture: Sponsors with a great opportunity looking for the right capital partner to execute. This can include landowners, sponsors, and tenants.
  • Build to Suit Capital: For preferred developers with the programmatic expansion or roll out of a tenant looking for the right capital partner.
  • Wholly owned Build to suit: The fund has the ability to manage development and entitlement for tenants seeking to grow and can execute a rollout for a tenant.
  • Acquiring portfolios at favorable pricing.

Qualifications

• B.A./B.S. required.
• 7+ years of real estate acquisitions experience, retail experience preferred.
• Understands valuation and underwriting
• Strong analytical capabilities
• Excel and Argus proficient
• Licensed Real Estate with the California Dept of Real Estate a plus

If you are interested, please email a brief description of your experience and resume.