Head of Self-Storage

Palatine Capital Partners

Miami, FL

Salary Estimate: $200,000.00 - $300,000.00

Employment Type: Full Time

Work Place: Office

Experience Required: 2+ to 5 years

Education Required: 4 Year College

Benefits

Job Description

       Vice President/Principal Position – Self-Storage 
Palatine is seeking a highly motivated investment professional to join our team with a focus on self-storage. The Vice President/Principal will be an integral part of the company, with responsibilities that encompass sourcing, evaluating, structuring, executing and managing acquisitions across the firm’s various investment strategies. The professional will be responsible for all aspects of the transaction process including financial analysis, market research, due diligence, financing, business plan development, and closings. 
 

      Primary Responsibilities 
      The VP/Principal’s time will primarily be focused on acquisitions. Primary responsibilities are as follows: 
 
       Acquisitions: 
  • Source, underwrite, and execute acquisitions of self-storage facilities across target markets, managing deal flow from initial screening through closing
  • Negotiate LOIs and purchase agreements in coordination with legal counsel
  • Present investment opportunities and recommendations to the Investment Committee with clear thesis, risk analysis, and return projections
  • Track competitive landscape, cap rate trends, and supply/demand dynamics across target submarkets to inform acquisition strategy
  • Work within a small acquisitions team, establishing processes and best practices to scale deal volume
  • Work cross-functionally with asset management and operations to support post-close onboarding and business plan execution
  • Actively participating in numerous aspects of the property level due diligence process by interacting and coordinating with operating partners, consultants and other third parties 

        Experience & Qualifications
  • Demonstrated track record of high academic achievement at a top-tier undergraduate educational institution (concentration in finance, accounting and/or real estate is preferred but not required) 
  • 3-7 years of experience at a real estate private equity firm, storage operating/acquisition company, storage development company or storage REIT
     o 3+ years of direct self-storage experience is required
  • Strong relationships with regional and national self-storage brokers, operators, and owners
  • Superior quantitative and financial modeling skills, with proven analytical abilities in real estate
    o    Excel experience is mandatory 
  • Strong business writing skills / experience writing investment memoranda 
  • Ability to work autonomously, be proactive, multi-task and thrive in an entrepreneurial setting 
  • Strict attention to detail, strong work ethic, integrity and ability to take direction 
  • Excellent interpersonal, verbal and written communication skills 
  • Ability to travel as needed 
  • Passion for real estate investing
  • Intellectually curious and not afraid to ask questions
  • Willingness to learn new concepts
 
       Compensation
       Competitive base salary, benefits package and discretionary bonus commensurate with candidate's previous work experience and performance

PCP

Palatine Capital Partners

1-100 employees

 About Palatine Capital Partners 
Palatine Capital Partners Management (“Palatine”) is a principal investment firm founded in 2007, focused on making complex, lower middle market investments in US real estate. Palatine combines operating and transactional expertise in needs-based, consumer-oriented strategies: commercial (self-storage, small bay industrial, and parking) and residential (student housing and multifamily). The firm pursues opportunistic real estate investments, encompassing a variety of strategies including development, value-add or distressed themes, strategic 'buy and hold' scenarios in locations with strong long-term dynamics, or creative preferential structures with significant capital protection. The firm invests on both a direct basis and as a capital partner (LP) with top tier operating partners who have asset class and/or geographical expertise. 
 
Since its 2007 inception, Palatine has raised four opportunistic equity funds (PREF I, PREF II and PREF III are fully invested/committed, PREF IV is a ~$595 million vehicle), one secondary debt fund (PSCOF – fully realized) and made numerous programmatic balance sheet investments. To date, Palatine has executed 120+ investments with a total capitalization of more than $3.0 billion. 
 
Palatine has built a team that combines deep, sector-specific operating expertise with private-equity financial and transactional capabilities. The firm’s team of 21 professionals in New York City, Miami and Los Angeles possess broad and complimentary skills that allow the firm to uncover standout, undervalued investments that exhibit significant turnaround and growth potential to generate asymmetric risk-adjusted returns. 

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