Job Location: Birmingham, AL
Job Description:
Overall Functions:
The purpose of this job description is to communicate the responsibilities and duties associated with the position of an Acquisition Associate. While the following information should be considered a comprehensive description of this position, it should also be noted that some responsibilities and duties may not be specifically addressed.
Our company is nimble, entrepreneurial, and emphasizes a TEAM APPROACH, expecting every person to perform any reasonable task or request that is consistent with fulfilling company objectives.
Job Brief:
The Acquisition Associate will be involved with all aspects of the real estate development process, mostly focused on new site locations and new acquisitions of multifamily assets in the Southeast. The immediate focus will primarily be on new construction sites in Florida, with the ability to expand into the Southeast. The Acquisition Associate will report day to day to the Director of Development/ or similar position and help support the company objectives of the development team.
Essential Functions:
Assist in locating and analyzing new sites, new purchase opportunities and work with municipalities to determine the viability of potential developments. Primarily focusing in Florida with the expectation to expand into other Southeastern States. Interact with real estate brokers, sellers and their representatives, local officials, and/ or housing authorities, to ascertain all necessary information to analyze and secure development site opportunities.
Perform some due diligence and assist with underwriting activities on prospective acquisitions and new developments when necessary.
Conduct market research to establish and verify the assumptions in our planned developments.
Assist with presentation materials on new and existing investments for internal and external uses.
Travel to conduct site visits to ascertain economic, demographic and comparable information for new developments.
Compensation and Benefits:
Competitive, and commensurate with qualifications and experience.
Commission based with Salary
Health and Company Benefits (401K Options)
Company Cell Phone
Preferred Skills:
It is imperative that you review these duties, skills and physical requirements closely and that you understand that, by signing the Job Description Acknowledgment, you are verifying that you can perform all the duties, have the skills and possess the physical abilities that are necessary to perform the job as described.
Characteristics of the Candidate:
The candidate should be a self-motivated, energetic, accountable, organized, analytical individual, and thrive in a team approach type atmosphere. Someone who desires to grow in their knowledge of real estate development and investment.
Required:
Bachelor’s Degree with focus in business, finance, or real estate.
1-5 years of relevant analytical experience.
Proficiency required in computer applications including financial modeling utilizing excel software.
Excellent written and verbal communication skills.
Very strong organizational, analytical and problem-solving skills.
Ability to work independently or within a team on multiple projects and tasks.
Willingness to perform tasks outside his or her job description.
The ability to effectively manage time and workload to meet deadlines.
Self-motivated and energetic.
A strong desire to work in real estate development.
Ability to travel as needed.
