Description
Job Title: Associate, Acquisitions
Location: San Jose
Summary:
The Associate, Acquisitions, under the direction of the Director of Acquisitions, will support the origination and closing of new property transactions for DJM, while also supporting the firms’ on-going asset management responsibilities. The ideal candidate will have experience in real estate financial analysis, research, underwriting, due diligence, and asset management.
Essential functions and responsibilities:
- Support DJM’s acquisition sourcing process to identify prospective new deals.
- Complete analysis of prospective transactions including credit assessment, property valuation, evaluation of rent roll, market rent surveys, etc.
- Assist in the preparation of thorough investment packages.
- Conduct evaluation of market conditions impacting acquisition and disposition opportunities.
- Work closely with internal Asset/Property Management teams to support the due diligence process.
- Research and identify potential new seller relationships to grow team database and company industry exposure.
- Cultivate and maintain relationships with external commercial brokers and prospective property sellers.
- Work closely with internal Asset Management teams on various property initiatives.
- Overtime hours may be required as job duties demand.
Education and experience:
- Bachelor’s degree in finance, real estate, or a related field
- Minimum 2 years of commercial real estate experience preferably in an acquisitions role, or in finance.
- Retail experience required, with exposure in asset management, office, multi-family, and development a plus
- Experience with due diligence, underwriting, disposition analysis, and sale execution
- Relevant certifications (e.g., CFA/CPA/Brokers/CCIM) is a plus
- Active member of ICSC preferred
- Broad broker relationships and acquisitions network
Qualifications and skills desired:
- High-level proficiency in Yardi, Argus, and Excel
- Strong attention to detail; passionate about quality and accuracy.
- Understanding of financial statements and financial analysis used in underwriting.
- Technologically savvy with effective internet research and database management skills.
- Experienced information gathering and information monitoring skills.
- Experience in reading and evaluating property due diligence reports.
- Strong organizational and planning skills.
- Strong verbal and written communication skills along with effective presentation skills.
- Able to prioritize and manage multiple projects, handle frequent changes effectively and professionally and follow through on issues in a timely manner.
- Ability to perform under deadline pressure.
- Ability to work well independently and in a team.
- Self-starter, but not hesitant to ask for direction when needed.
- Solid work ethic and a professional, proactive, and positive approach to work.
- Willing and able to travel when necessary.
- Ability to present financial information to a non-financial audience
- Excellent communication, interpersonal, and presentation skills
- Demonstratable strategic thinking skills
- Strong analytical thinking and problem-solving skills
Physical Requirements:
- This position requires the ability to occasionally lift office products and supplies, up to 20 pounds. Position may also require one to stand and/or walk for up to 8 hours a day.
Classification:
- This is an exempt position
Status:
- This is a full-time position
Experience
2+ to 5 years
This job is no longer active.