Acquisition Associate

Job Description

Acquisitions Associate:

The Company is seeking an driven, positive and goal-oriented individual to join the team in the Company Del Mar office. Prospective candidates must be self-motivated, have a strong work ethic and excellent interpersonal and analytical skills.

The Acquisitions Associate will work independently and directly under the principals of the Company to source and acquire real estate loans and special situation real estate assets that fit within the Company’s investment criteria. The Associate will manage and grow a large network of real estate and private equity contacts, underwrite acquisition opportunities, and present select opportunities to principals for approval and funding.

Primary Responsibilities
• Cold call to create new & maintain existing relationships with bankers, investors, developers, and investment brokers.
• Develop and implement lead generation and business development strategies to promote Company and originate opportunities.
• Maintain up-to-date knowledge and database of acquisition targets utilizing provided tools and ongoing active research.
• Read and interpret contracts, company decks, and investment memorandums.
• Write reports, business correspondence, and presentation packages.
• Present information to leadership team.

Minimum Job Requirements
• Must have sales or business development experience with a track record of hitting performance goals.
• Minimum one to three years commercial real estate or finance experience.
• Strong communication and interpersonal skills.
• Entrepreneurial mindset with a strong worth ethic and a can-do attitude.
• Resourceful and solution oriented.
• Ability to work at a fast pace, multi-task and meet deadlines.
• Proficient in Microsoft Excel & Word.
• In office most or full time

Professional Growth Opportunities
• Rare opportunity to work directly with principal investment professionals allocating capital.
• Broad investment thesis provides exposure to a multitude of deal structures, assets, and industries.
• Growth trajectory into asset and investment management roles.

Compensation: $120k base + incentive structure.

Company
Company is a newly formed venture between Serene Investment Management and Tideline Partners. Over the last decade, principals of Serene and Tideline have worked together acquiring, managing and resolving non-performing loans, REOs and special situation assets. The partnership is capitalized, experienced and is targeting to deploy $35-50MM of cash equity across 8-10 deals in 2024.

Serene Investment Management
Serene Investment Management is a multi-strategy manager with over $100MM in AUM across a broad variety of asset types. With close to two decades of history across multiple cycles and differing investing landscapes Serene is focused on delivering great risk adjusted returns to its limited partners many of which have been with the firm since inception demonstrating its strong track record and unwavering investment integrity. For additional information, please visit www.sereneim.com

Tideline Partners
Tideline Partners is an award-winning real estate developer and investment manager. Tideline is driven by its mission of “Making Places Better ®” and currently has over $200MM in active ground up development projects. Since it’s inception in 2013, Tideline has expanded to offer 3rd party loan and asset management services and balance sheet bridge lending. For additional information, please visit www.tidelinepartners.com