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Associate/Vice President of Acquisitions and Development

Company is confidential
Salary
$100,000-$124,999
Employment
Full Time
Real Estate Field
Location
New York
 NY
Postal Code
10001
Country
United States

This job is no longer active.

Description


Large Asset New York City Real Estate Investor and Developer Seeks Acquisitions and Development Associate.

The principals the firm have been directly responsible for more than 4 million square feet of closed real estate investments and ground up developments in New York City with total capitalization in excess of $1.5 billion.   The company is seeking an experienced associate to report directly to the head of the organization.


The following are the responsibilities of the position:

  1.  Development
    1. In-office oversight of the construction of a $30 mm project in Brooklyn, NY. 
    2. Interact with entire project team to including lenders, construction professionals, architects, engineers, etc. to insure smooth progress of the project;
    3.  Prepare monthly draws from the lender including gathering invoices and preparing AIA forms and maintaining the budget;
    4. Maintain the internal financial model in excel and clearly communicate project status to relevant stakeholders including investors and company owner.
  2. Acquisitions
    1. Perform investment banking standard underwriting for new acquisition opportunities including excel modeling, investment memoranda, interacting with the brokerage community, sourcing comparable information etc.;
    2. Inception to sale oversight of a given investment;
    3. Maintain pipeline report;
    4. Maintain brokerage relationships.

The successful candidate will:

  1. Have a BA/BS from a top tier university (MBA’s will also be considered).
  2. Have extensive financial modeling experience using Microsoft excel.
  3. Have excellent verbal and written communications skills.
  4. Have prior real estate experience.

Compensation will be commensurate to market, includes full benefits and the potential for substantial year-end bonuses based on performance.  

 
 

Experience


2+ to 5 years


This job is no longer active.

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