Vice President of Acquisitions and Dispositions
Hendricks Commercial Properties
Beloit, WI
Salary Estimate: $145,000.00 - $220,000.00
Employment Type: Full Time
Work Place: Office
Experience Required: 5+ to 7 years
Education Required: 4 Year College
Benefits
Job Description
JOIN A TEAM THAT VALUES PEOPLE
At Hendricks Commercial Properties, we value people who value people. We believe in creating environments where communities thrive, and we encourage our team to embrace the freedom to do amazing things. We didn’t come this far to only come this far—join us in making a real impact.
OUR COMMITMENT TO YOU
We offer more than just a job. Our benefits include flexible work hours, a free Beloit Club membership for employees at our Beloit headquarters, Employee Discounts, Paid Time Off, Training & Development Opportunities, 401K Match, Medical Benefits, 24/7 Online Care, and Pet Insurance. You’ll also enjoy working in a beautifully designed office, situated in a dynamic downtown area with access to great amenities that enhance your day-to-day experience. At Hendricks, you’ll have the opportunity to teach what you know and learn what you don’t—and community matters here.
BE THE CEO OF YOUR JOB
You will be tasked with identifying and capitalizing on acquisition and disposition opportunities, as directed, while creating and executing on business plans which drive returns & create value. Responsibilities include leveraging industry relationships and local market intelligence, filtering investment & development opportunities, negotiating purchase and sale agreements, oversight of the financial analysis, managing, and reviewing due diligence investigations, presenting Investment Recommendations, and generally managing the AD process from LOI to closing. The AD Manager works closely with HCP’s Capital Markets, Finance, Leasing, Facilities, Real Estate and Closing Managers, and all other relevant departments on due diligence reviews and documentation.
Your ability to own your work and drive success will make a direct impact on the communities we serve.
YOUR KEY RESPONSIBILITIES
- Act as the single point of responsibility for successfully identifying, negotiating and acquiring high quality locations and investments for purchases and sales.
- Review investment and development opportunities, negotiate purchase & sale agreements, manage financial analysis, and lead due diligence.
- Responsible for performance of the asset from first month of operation against budget.
- Prepare pro forma analysis for investment decision.
- Negotiate and manage purchases and sales contracts.
- Oversee and ensure all closings are completed on time for the division or region.
- Oversee all due diligence for acquisitions are complete for the division or region within the timeframe listed in the contract.
- Review and authorize all due diligence information made available to investment brokers and third-party buyers/sellers.
- Select investment brokers to provide sale or purchase services. Review and approve any offering memorandum or other materials brokers will share on our company or properties.
COMPENSATION
This position offers a competitive starting salary, with opportunities for growth based on performance and tenure. Hard work matters, and we reward it.
QUALIFICATIONS REQUIRED
Education
- Bachelor's Degree or equivalent
Experience and/or Training
- Minimum of five-ten plus years hands-on, direct experience in real estate site selection, acquisition, disposition, development, leasing, management, financing, and sales.
- Experienced and skilled in market underwriting.
- Excellent client-service and negotiation skills.
- Demonstrated success in building consensus among constituencies with conflicting goals.
- Highly motivated individual who can work with considerable independence.
- Strong commitment to a team-oriented approach.
- Strong written detail and organization to effectively communicate with the Management Team
- Willingness to travel as needed.
Technology/Equipment Proficiency in Microsoft Office including Word, Excel, and Outlook.
MANDATORY REQUIREMENT
- U.S. Work Authorization (required).
CHALLENGE ACCEPTED?
At Hendricks Commercial Properties, we don’t just keep our word, we make an impact. If you’re ready to be the CEO of your job, embrace the freedom to do amazing things, and take your career to the next level, we’d love to have you on our team.
Hendricks Commercial Properties
• 100-1500 employees
Hendricks invests in, manages and develops real estate throughout the United States and specializes in net leased real estate investments, management and development with outside-the-box solutions to the most challenging of real estate needs.
Our mission is to continually strive for entrepreneurial vision and operational perfection to allow us to build and grow ourselves and our company from within.
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