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Director of Real Estate Acquisitions

Salary
$100,000-$124,999
Employment
Full Time
Real Estate Field
  • Acquisitions
Location
New York
Region
NY
Postal Code
10018
Country
United States

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Description


Privately held real estate company in NYC is seeking a Director of Acquisitions to help grow our real estate portfolio.

This position will be responsible for sourcing market and off-market deals in Manhattan and the outer boroughs.   The role will be responsible for conducting due diligence and underwriting for new acquisition deals for: development projects, value-add projects, and the acquisition of core assets. 

  • Strong existing relationship with the investment sales community required
  • Front end review of potential acquisitions
  • Oversight of initial underwriting and valuation of land or buildings
  • Issuing term sheets and LOIs
  • Negotiating LOI and terms sheet terms and conditions
  • Assisting in the oversight of property due diligence
  • Review of market specific entitlement requirements
  • Strong knowledge of NYC sub-market rents and sales

The ideal candidate will have at least 7-10 years of experience in commercial real estate.

  • Strong computer orientation and proficiency with ARGUS, Excel, Word and PowerPoint software
  • Must be able to work independently while still functioning well in a team
  • Ability to prioritize and manage multiple tasks, and can think outside of the box

Job Function


  • Acquisitions
 

Job Sector


Not specified

 

Experience


7+ to 10 years


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