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Senior Associate, Finance and Acquisitions

The Dilweg Companies, LLC

Office Asset Class Agnostic

Durham, NC

Salary Estimate: Confidential

Employment Type: Full Time

Work Place: Office

Experience Required: 2+ to 5 years

Education Required: 4 Year College

Job Description

Job Description
The Dilweg Companies (“TDC”) is a full-service commercial real estate firm located in the Raleigh/Durham area. We are currently seeking a Senior Associate of Finance & Acquisitions to join our team. The Senior Associate’s primary role is to support both the Acquisitions and Finance departments in the underwriting and quantitative analysis of potential acquisitions and the operations of existing assets.

Primary Duties and Responsibilities Work with the Acquisitions Group to value and underwrite potential acquisitions.

Perform detailed underwriting of new acquisitions using Argus and Excel under the direction of the Director of Acquisitions
Compile, review and understand all information (rent roll, T-12 statement, 3 years IS, parking revenue, historical cap ex, etc.) necessary to do thorough underwriting
Prioritize the various underwriting tasks across multiple concurrent acquisition projects
Be intimate with the underwriting to support acquisitions and capital markets in discussions with investors, lenders, brokers and Investment Committee members
Reinforce our desire to grow acquisitions in everyday dealings with the business and local communities we serve

Support the Finance Group in closing transactions and providing ongoing financial analysis.

Maintain the underwriting models through the due diligence and closing process incorporating new information from Asset Enhancement and Capital Markets
Support the transaction closing process and respond to due diligence requests from third parties; lead the Lender due diligence process including maintaining the due diligence website and third-party checklists
Respond to requests from the Finance and Asset Enhancement groups to maintain Argus runs of our existing assets and conduct ad hoc financial analyses; be able to present results to stakeholders

Minimum Job Requirements

A college degree in business, finance, economics, real estate or comparable field
Two to four years of relevant real estate underwriting experience
Demonstrated understanding of basic real estate financial concepts (for example IRR, NPV, DCF) and ability to perform real estate cash flow analyses from rent roll to Net Operating Income.
Proficient and able to operate independently in ARGUS Enterprise and Microsoft Excel

Compensation Excellent compensation package including salary and bonus. Relocation assistance will be provided. Background: Background check and drug test required. Our company uses E-Verify. Resume Required.

Acquisitions

Underwriting

Finance

The Dilweg Companies, LLC

• 1-100 employees

Dilweg is a preeminent real estate investment firm focused on the key economic markets in the vibrant, rapidly growing Southeast. With offices in Chapel Hill, NC and Atlanta, GA, the firm is a full-service real estate organization whose mission is to deliver long-term value to its investors, tenants, and the community.

Since its beginnings in 1999, the firm has acquired more than $880 million in asset value and more than 8.9 million square feet throughout the Southeast. In recent years, the firm shed many of the non-strategic assets and concentrated the majority of acquisitions on Class-A office buildings, primarily in Atlanta, Tampa, FL, and Raleigh, NC metros. In the process, the firm established itself as a high-quality investor and operator of opportunistic and value added, middle-market ($15MM-$75MM) office assets.

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