Konover Residential Corporation is looking for a Acquisitions & Development Associate in the West Hartford, CT. area.
ESSENTIAL DUTIES AND RESPONSIBILITIES:
Privately-held real estate investment and management company seeks a highly-motivated real estate professional to join our fast-paced, entrepreneurial team. The successful candidate will have 3-5 years of relevant experience in the acquisition, disposition and development of real estate as well as asset management, project management, and project financial underwriting. This position will be an integral part of a team of highly-skilled professionals. .
Core position responsibilities, as follows:
*Preliminary review of acquisition/disposition opportunities.
*Initial underwriting/modeling for real estate transactions.
*Provide research, market information and due diligence for acquisitions.
*Assist with the souring of debt and equity.
*Interface with debt and equity partners.
*Assist in contract negotiation, closing process and post-closing follow-up.
*Production of internal reports for presenting acquisition opportunities.
*Assist with preliminary underwriting and predevelopment budgeting.
*Assist with the creation of budgets/proformas for development projects.
*Assist with management of the project development team; architects, engineers, legal, marketing and other consultants.
*Assist with the local and state approval process.
*Assist with coordinates of all aspects of the construction and marketing process through completion.
Existing Portfolio Responsibilities:
*Assist with asset management services for acquired/stabilized properties.
*Interface with numerous internal departments heads.
*Assist with financial analysis for reposition of existing portfolio properties.
*Assist with valuation of existing properties.
*Assist with contract negotiation, broker selection and closing process for dispositions.
- Research/Market Analysis
2+ to 5 years
Apply for this job