Benefits

Job Description

Vice President/Principal Position – Small Bay Industrial

Palatine is seeking a highly motivated investment professional to join our team with a focus on small bay industrial. 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 small bay industrial properties 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, industrial operating/acquisition company, small bay industrial brokerage group or Industrial REIT

o 2+ years of direct industrial experience is required

Strong relationships with regional and national industrial/small bay industrial brokers, operators, and owners
Superior quantitative and financial modeling skills, with proven analytical abilities in real estate
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

Underwriting

Due Diligence

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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