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Consolidated-Tomoka Land Co.

Vice President/Director - Acquisitions

Salary
Competitive
Employment
Full Time
Real Estate Field
  • Acquisitions
Location
Daytona Beach
Region
FL
Postal Code
32117
Country
United States

This job is no longer active.

Description


Job Description

This position is a key member of the Investments team and is responsible for identifying and analyzing new investments from sourcing through closing.  This includes underwriting and financial review of real estate metrics and tenant creditworthiness, working with third party service providers including potential lenders, attorneys and consultants to properly protect the Company from risk and, as appropriate, ensure that qualified acquisitions are consummated.  This position will require travel, expected to be approximately 20% to 30% of the time.

Responsibilities

Specific duties are expected to include, but not be limited to, performing or assisting others with the performance of, the following:

  • Sourcing on- and off-market acquisition opportunities for predominantly office and retail income properties

  • Completing initial underwriting and analysis of potential acquisitions

  • Coordination of initial offer, contract negotiations and due diligence review

  • Oversight of the closing process

  • Coordination with internal stakeholders, including the accounting and legal departments

  • Together with the Company’s asset manager, transition acquired assets into the Company’s income property portfolio

  • Preparation of Investment Committee and Board of Director presentations for proposed acquisitions

  • Build and maintain relationships with developers, owners and brokers primarily in acquisition target markets

    Qualifications

  • Bachelor’s degree preferred, with a concentration in Real Estate, Finance, Accounting or Business or other related field of study.

  • 5+ years of relevant experience in real estate acquisitions, preferably in office and retail sectors.

  • Strong analytical skills and quantitative skills/highly skilled in financial analysis.

  • Understanding of financial accounting and control procedures and financial reports with ability to analyze variances.

  • Proficiency with Microsoft Office suite, particularly in Excel.

  • Proficiency with Argus software.

  • Demonstrated ability to identify trends, errors, and opportunities.

  • Organized, meticulous and detail-oriented.

  • Highly motivated and able to multitask effectively in a fast-paced, deadline-driven environment.

  • Excellent oral and written communication skills.

  • Flexible; ability to work well in an entrepreneurial environment.

Job Function


  • Acquisitions
 

Job Sectors


  • Office
  • Retail
 

Experience


5+ to 7 years


This job is no longer active.

 
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