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Director of Acquisitions-Northern CA

Salary
$100,000-$124,999
Employment
Full Time
Real Estate Field
  • Acquisitions
Location
CA
Country
United States

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Description



The Director of Acquisitions is responsible for finding and acquiring value add apartment opportunities in Northern CA. This is a great opportunity to work in a fast paced, entrepreneurial environment for a established fully integrated real estate investment and development Company.

  • Find and evaluate potential value add apartments opportunities in Northern CA.
  • Negotiate PSA by working with legal counsel
  • Work with property management team on renovation, value add and reposition strategies on the asset
  • Continue to develop and establish relationship with brokerage firms and owners to source potential opportunities
  • Oversee due diligence process including ordering and reviewing third party reports, market studies and closing the deal
  • Manage the disposition of the properties
  • Take ownership of the acquisition from start to end and coordinate closely with carious parties to close the transaction on-time
  • Develop procedures and processes that support the team and scale the growth for the company

Qualifications
  • Must be living and willing to drive to various cities in Northern CA
  • Must have transacted value add apartments in Northern CA
  • Must be familiar with Northern CA real estate market and various submarkets
  • Must be driven to chase down deals on a daily basis
  • Must have a minimum of 5 year of experience in the multifamily real estate market, financial analysis and deep understanding of returns on investments and IRR
  • Any experience with construction is a plus
  • Proven success in negotiating and acquiring apartments

Job Functions


  • Acquisitions
  • Financial Analysis
  • Due Diligence
 

Job Sector


Not specified

 

Experience


N/A


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