Starpoint strives in creating, identifying, and maximizing every real estate opportunity for our equity partners and investors to deliver unparalleled value with high returns. As such, we firmly believe that what we strive for requires a collaborative team of highly motivated, goal-oriented professionals, who can appreciate an entrepreneurial culture and loves the challenges of working in a multifaceted environment. What makes StarPoint’s workplace unique is that every employee is valued as an integral component for the company’s overall success. With hard work, dedication, and loyalty, StarPoint consistently recognizes its employees’ effort with “Star of the Quarter awards, festive company outings, while also paving a clear path for career advancement and promotion.
Nothing is more important than family, and at StarPoint, every employee is family.
StarPoint Properties is a real estate investment and operating company with a 25 year track record of delivering outstanding and above market returns to its investors by focusing on the acquisition, development and redevelopment of under-valued multifamily and commercial properties. The primary goal of the firm is to deliver asymmetrical returns vs risk and to outperform most other alternative investment vehicles, which the firm has done during its entire history.
The firm’s success comes from leveraging: seasoned management team, proprietary underwriting systems, decades of developed infrastructure and sourcing the right strategic assets through its deep acquisition network.
The firm believes that real estate should not be a speculative investment. It is an operating business that requires operating sophistication coupled with an intelligent and disciplined acquisition strategy. In this pursuit, we have developed a vertically integrated operating business that allows us to control and master the core drivers of the business enabling us to execute at a high level, control risks and deliver results.
Since its inception in 1995, StarPoint has acquired over 10 million square feet of commercial and residential properties, totaling an aggregate value of over $1 billion. Our track record and historical performance speaks for itself- through December 2015, StarPoint’s portfolio has delivered an Average Annualized Return On Investment of 39.05%.
Summary Investigates and underwrites potential retail and office investment opportunities, performs due diligence activities, interacts with brokers, lenders and investment partners, and facilitates purchase transactions.
Essential Duties and Responsibilities
Identifies and recommends feasible investment opportunities by researching property, demographic and other pertinent information within target markets and applying standard analytical processes to determine whether opportunities meet or exceed the company’s investment criteria.
Aids in the development and maintenance of broker relationships and other industry contacts to further increase deal flow and sourcing.
Ensures full disclosure and verification of all details about the property and the transaction by completing due diligence activities including: obtaining, scrutinizing and confirming all diligence documentation such as third party reports, market analyses, and rent surveys, and completing property inspections, lease audits, CAM reconciliations, maintenance audits and tenant interviews, and walking competitive properties.
Underwrites transactions to meet profitability objectives by analyzing and manipulating financing options and budget figures; working with lenders and other parties to obtain and verify required supporting documents.
Coordinates and oversees the purchase transaction and due diligence process between buyer, seller, lender, institutional partners and escrow company.
Aids in the drafting and preparing of the Private Placement Memoranda.
Helps manage the disposition of assets including broker and escrow communications.
May be assigned other duties.
Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
Two to Five years of experience in commercial real estate underwriting and acquisitions, or similar experience utilizing finance, research and analytical skills.
Bachelors degree in Finance, Business or similar area.
Advanced Argus, MS Excel, Outlook, and Internet research skills.
Strong written and oral communication and interpersonal skills.
Strong organizational skills.
Ability to work under pressure, in a time sensitive environment.
Passion for Real Estate.
- Financial Analysis
- Due Diligence
2+ to 5 years
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