Senior Commercial Real Estate Acquisitions Manager
4 weeks ago
Type: Full-Time, Exempt
Location: Falls Church, VA
Report To: Owner
DESCRIPTION: Established and Growing Metro DC Based Commercial Real Estate Investment & Development firm is seeking to hire long term Real Estate Acquisitions Manager to join their real estate holding company. Firm is looking to purchase covered land play properties in the Metro DC Region to hold/operate/entitle/develop on a long-term basis.
JOB DUTIES:
- Assist in the sourcing and evaluation of a variety of covered land play deals throughout the Metro DC Region with acquisition value of $1M to $20M
- Network relentlessly with commercial real estate owners, brokers and lenders to clearly explain our acquisitions focus and identify opportunities
- Propose specific covered land play submarkets, neighborhoods and strategies
- Leverage commercial real estate data tools (CoStar, LandVision) to build accurate lists of prospects that the company wants to pursue
- Email, cold call, and canvass commercial real estate owners and industry professionals to procure new deals
- Create and execute direct marketing campaigns to commercial real estate owners and commercial real estate industry professionals
- Use CRM database (Salesforce) to document and manage outreach to prospects
- Assist with financial analysis of deals as necessary
- Assistant in due diligence and management of feasibility study process and closing process for deals that go under contract as necessary
- Complete other tasks as they arise
- Willingness to wear several hats down the road
- Minimum Bachelor's Degree or greater
- Minimum 5 years of experience in the commercial real estate industry working as a broker or investment/development acquisitions professional
- Existing relationships with DC Metro area commercial real estate brokers, lenders, owners and other real estate professionals and desire to form new relationships
- Strong attention to detail and highly organized
- Substantial knowledge of DC Metro real estate markets
- Strong networking and communication skills
- Must be comfortable cold calling and making unsolicited connections with property owners and industry professionals
- Real estate sales license
- Brokerage license
- Salesforce experience is a plus
- Competitive Salary + Commission (% of deals that close)
- Health, Dental, Vision Insurance
- 401k plan with company match
- Paid Vacation, Holiday & Sick Leave
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