Vice President of Acquisitions

Eagle Rock Properties

Manhattan, NY

Salary Estimate: $200,000.00 - $225,000.00

Employment Type: Full Time

Work Place: Office

Experience Required: 7+ to 10 years

Education Required: 4 Year College

Benefits

Job Description

Vice President of Acquisitions
Location: New York, NY | Department: Acquisitions

About Eagle Rock Properties
Eagle Rock Properties is a vertically integrated real estate investment and management firm with over $3 billion in assets under management and a portfolio spanning 11,000+ multifamily units across the Northeast and Mid-Atlantic. Our platform is focused on value-add, suburban workforce housing and supported by a 300+ person team across investment management, asset management, property management, and construction management. We’ve successfully deployed over $1.5 billion in equity across several multifamily funds with a proven track record of delivering strong risk-adjusted returns. We just completed raising a $500m+ discretionary fund which is available for immediate deployment.

Position Overview

Eagle Rock is seeking an experienced and driven VP of Acquisitions with 8+ years of multifamily investment experience to join a dynamic five person acquisition team within a 20 person boutique investment management business. The VP will play a critical role in sourcing, underwriting, structuring, and closing new investment opportunities consistent with the firm’s value-add strategy in suburban markets across the Northeast and Mid-Atlantic.

The Ideal Candidate
  • 8+ years of multifamily real estate investments.
  • Desire to be part of nimble, 5 person acquisition team
  • Deep experience in sourcing and closing deals within target MSAs, Northeast and Mid Atlantic
  • Existing broker relationships within the Northeast and Mid Atlantic
  • Has run full-cycle transactions, from broker engagement through investment committee approval and close.
  • Thrive in fast-paced environment and are excited by being in “trains, planes and automobiles” on last minute notice
  • Desire direct exposure to executive decision-makers.
  • Collaborative, follow a “leave your ego at the door” approach.
  • Experience investing at a multifamily operating platform preferred
  • Highly organized, detail-oriented, and calm under pressure

Key Responsibilities
  • Lead deal sourcing efforts through broker networks and principal-to-principal outreach
  • Underwrite value-add, suburban workforce housing deals aligned with Eagle Rock’s risk/return profile.
  • Present investment recommendations to the Investment Committee with full ownership of financial modeling, comps and business plan strategy.
  • Oversee due diligence, third-party coordination, and closing process across legal, asset management, and construction teams.
  • Continuously monitor submarket performance, rent trends, cap rates, and new supply risks across the portfolio.

Required Experience
  • Deep knowledge of value-add investment strategies, lease-up modeling, debt structures, and capex planning.
  • Proficient in Excel underwriting models, CoStar/Yardi Matrix, and market research tools.
  • Strong communication and presentation skills with prior Investment Committee-facing experience.
  • Bachelor’s degree

What We Offer
  • Base Salary: $200-225k
  • Bonus: 25-50% of base salary, depending on performance
  • Comprehensive benefits: Medical, dental, vision, 401(k)
  • Incredible growth opportunity in a firm that’s scaling fast
  • An energetic, entrepreneurial culture where we value excellence, initiative, and fun




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