Director of Acquisitions
2 months ago
About the job
We are searching for the next teammate to add value to the organization while allowing the candidate to learn, grow & develop their career in commercial real estate. We believe that the bi-product of this person's efforts should yield to making money and having a great time along the way.
About the Role:
The purpose of this role is to procure opportunities for us to purchase value-add, retail properties across the U.S via:
- Cultivating and fostering relationships with operators of brick & mortar (preferably single tenant) concepts to the point where we are at least a critical part of if not the main way the operator plans to scale their business through our partnership
- Cultivating and fostering relationships with property owners via cold calls and networking
- Cultivating and fostering relationships with the commercial real estate brokerage community
- Follow our CRM process to execute consistent follow-up of leads and opportunities
- Leveraging our resources, training, operational infrastructure, and network to maximize individual and company success
- Negotiating and navigating the complexities from start to close of a commercial real estate sale transaction
- Possessing a deep understanding of the underwriting and execution of acquiring retail properties including but not limited to debt, equity, modeling, understanding future strategy, and assessing risk
- Provide guidance and support to help teammates overcome obstacles and challenges
- Share insights and perspectives based on relevant experience and expertise
To fit our Culture, the ideal candidate:
- Holds themselves accountable and desire to consistently hit their goals
- Is willing to accept, implement, and give coaching
- Can be counted on to consistently perform the tasks assigned to them
- Communicates clearly with teammates and external vendors
- Is creative when solving problems
- Possess grit - they aren't afraid to hear "no"
- Desires to own commercial real estate
- Take their work extremely seriously…but not themselves
Qualifications:
- 5+ years of experience in real estate acquisitions, sale-leasebacks, tenant representation, preferred development, private equity, business brokerage, M & A advisory, or similar
- 2+ years of experience in debt/equity procurement for commercial real estate transactions preferred
- Exceptional communication skills, both oral and written, with extremely strong phone & presentation skills
Compensation:
- Base salary + Commission+ Ownership in the properties procured
- Benefits stipend
- Additional Limited Partnership (LP) Ownership opportunities in properties
- All resources and travel are covered by the company
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