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Associate - Acquisitions and Development
3 months ago
Bridge acknowledges and values the individuality of each person, recognizing that our people are the foundation of our success. We are committed to creating an inclusive environment where everyone feels respected and valued. In addition to our business objectives, we strive to make a positive impact in our communities and uphold ESG principles at our properties and corporate locations. We evaluate all candidates based on their merit, without any prejudice towards race, color, religion, sex, age, disability, sexual orientation, national origin, or any other category protected by law.
We understand that joining a new workplace is a significant decision. To help you gain deeper insights into our culture, we offer "Culture Conversations." This initiative reflects our commitment to transparency, diversity, and inclusivity. Culture Conversations are voluntary, one-on-one sessions designed for applicants to connect directly with our diverse staff members. It's your chance to explore the Bridge work environment, ask questions, and get a genuine feel for what it's like to be part of our team.
Make an impact
As the Acquisitions & Development Associate, you will contribute meaningfully to the acquisition and asset management of large development deals throughout the United States. You will be responsible for effectively underwriting, performing due diligence, and asset managing multifamily and other commercial developments for the largest Opportunity Zone investment platform in the country and will report directly to the Vice President of Acquisitions.
- Underwrite multifamily, commercial office, industrial, and other property types in the largest 50 markets throughout the U.S.
- Communicate professionally with developer partners, brokers, lenders, and property managers
- Report underwriting findings to senior management
- Assist in the due diligence and closing process for all deals in your region
- Frequently travel to our property sites and learn submarket dynamics to assist with underwriting and asset management
- Manage and train analyst level staff as needed
- Bachelor's degree in finance (or related field)
- 2-4 years' experience in real estate acquisitions (internships acceptable)
- Demonstrated financial modeling skills; capability of building complicated loan and/or waterfall structures when needed
- Advanced MS Excel
- Strong technical writing skills, document assembly, and verbal communication skills
- Ability to communicate effectively with executive management
- Demonstrated ability to solve problems proactively and creatively
- An intuitive sense to navigate the dynamics of each asset and understand how various assumptions drive asset performance
- Argus experience a plus
We are a diverse team of individuals who come together to achieve common goals. We are proud of our ability to work as a team and develop each other and love the excitement of our rapidly growing real estate vertical. Bridge Development Fund Manager is a specialized group made up of architects, contractors and developers, and investment management professionals who focus on the acquisitions, development, construction, and asset management of real estate assets related to qualified opportunity zones. We evaluate and act on investment opportunities that provide strong returns for our investors. In just three years our vertical has grown from six projects under construction to over 70 today. This growth has been possible because of our team's tremendous work ethic, ability to implement best practices at a fast pace, and our ability to trust each other while we focus on the goals ahead. We work very hard, but also maintain a healthy work-life balance and the atmosphere of respect and lighthearted interaction makes our jobs very rewarding.
What we offer
- Generous base salary and bonus program
- Full benefits suite including 401K, above-average PTO, Parental Leave, and Medical, Dental, Vision
- Access to benefits concierge service
- Access to Mental Health & well-being service
- Be part of a culture that is truly open door, with access to mentorship, leadership training, career advancement, and innovation
- Opportunities to join employee resources groups and participate in events hosted by the Bridge Women's Network, Black Inclusion Group, BIG Pride, Allies for AAPI, Unidos Latino and Hispanic Group, Bridge of Honor Veterans, and Advocates for Accessibility
- Opportunity to be involved in community outreach and charity events
Get to know Bridge
Bridge is a leading, vertically integrated real estate investment manager, diversified across specialized asset classes. Bridge combines its nationwide operating platform with dedicated teams of investment professionals focused on select U.S. real estate verticals: residential rental, office, development, logistics properties, net lease and real estate-backed credit. Bridge is well-regarded for its high integrity and collaborative leadership culture that rewards both individual thinking and team decision-making. Our leaders are seasoned professionals who bring their vast experience and high standards of excellence to their work. Our leaders value career development and take seriously the role they play in developing next-generation leaders. Bridge professionals embody accountability and seek to deliver high-quality results through creativity and innovation.