Acquisitions Associate

Sack Capital Partners

San Francisco, CA

Salary Estimate: $125,000.00 - $150,000.00

Employment Type: Full Time

Work Place: Office

Experience Required: 2+ to 5 years

Education Required: 4 Year College

Benefits

Job Description

Acquisitions Associate – Multifamily Real Estate Investment
 
Sack Capital Partners (“SCP” – sackcapitalpartners.com) is seeking an Acquisitions Associate to support the sourcing, underwriting, and execution of multifamily investments. This role will work closely with senior leadership (reporting to the SVP of Acquisitions) and will be based in San Francisco. SCP is a long-standing owner/operator of Western US multifamily properties with a significant growth strategy and meaningful long-term career opportunities.
 
The Associate will bring strong analytical and communication skills, a proactive and collaborative work style, and a passion for multifamily investment. This role is highly visible and entrepreneurial, offering direct investment committee participation and hands-on involvement throughout the deal lifecycle.
 
About Sack Capital Partners
 
Founded in 1958, Sack Capital Partners is a long-term owner and operator of Western US multifamily communities. SCP currently owns and manages 19 properties totaling $1B AUM. We focus on acquiring well-located properties, operating them efficiently, and creating long-term value through disciplined investment and asset management. SCP is a vertically integrated investment management firm that focuses on both value-add and long-term investment strategies including affordable housing.
 
Primary Responsibilities
 
·         Underwriting & due diligence
·         Create financial models, proformas, business plans, and investment committee materials
·         Coordinate physical, financial, and operational due diligence
·         Develop knowledge in affordable housing financing and execution structures
·         Investment sourcing & market research
·         Track and evaluate target markets, identifying supply/demand trends and value-add opportunities
·         Build relationships with brokers, owners, and market participants
·         Maintain an active pipeline and market “hit list” of target assets
·         Underwrite on- and off-market acquisition opportunities (core-plus and value-add)
·         Support debt placement and lender engagement
·         Prepare investment memos and present to investment committee
·         Conduct property tours and competitive market analyses
·         Partner with property management and capital projects teams to ensure smooth post-closing transition
·         Industry engagement including representing SCP with brokers, lenders, investors, and real estate organizations (e.g., ULI, NMHC)
 
Qualifications
 
·         BA/BS undergraduate degree in business, finance, real estate, or related field
·         Three (3) to five (5) years of multifamily acquisitions or brokerage experience 
·         Strong financial modeling skills and proficiency in Excel and PowerPoint
·         Experience underwriting different business plans e.g. value-add, core+, affordable
·         Familiarity with Western US multifamily markets
·         Excellent written and verbal communication skills
·         Strong interpersonal skills and is at ease meeting and speaking with internal and external parties
·         Ability to manage multiple workstreams and operate with autonomy
·         Enthusiasm for applying technology/AI tools in real estate is a plus
·         As needed the ability to travel to asset locations in target markets
·         Valid driver’s license and ability to travel to target markets
·         Able to spend a portion of the day sitting, standing, and/or walking
 
 
Skill and Personal Attributes
 
·         Highly motivated, entrepreneurial, and resourceful
·         Strong relationship builder and ability to communicate with different personality types
·         Team-oriented with high integrity and judgment
·         Willingness to “roll up sleeves” in a lean, flat team environment
·         Desire to grow with the firm and build long-term value
 
Benefits

  • Competitive salary range, between $125,000.00 - $150,000.00 annually, including 25% bonus potential
  • Comprehensive Medical and Dental plans (100% Employer paid premium coverage for EE)
  • 401k Plan with matching component
  • Generous Paid Time Off and Holiday programs
  • Flexible Spending Account (FSA) and Health Savings Account (HSA) options
 

SCP

Sack Capital Partners

1-100 employees

 
Founded in 1958, Sack Capital Partners is a long-term owner and operator of Western US multifamily communities. SCP currently owns and manages 19 properties totaling $1B AUM. We focus on acquiring well-located properties, operating them efficiently, and creating long-term value through disciplined investment and asset management. SCP is a vertically integrated investment management firm that focuses on both value-add and long-term investment strategies including affordable housing. 

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