Market Officer
2 weeks ago
Faropoint Investments is a leading industrial real estate private equity company, recognized for its rapid growth and commitment to innovation. Our team is dedicated to delivering exceptional results and creating value for our stakeholders.
Job SummaryWe are seeking an experienced Market Officer to join our team in Atlanta. The ideal candidate will have a strong background in commercial real estate, with a focus on acquisition and asset management. This is an excellent opportunity to expand your knowledge and experience in the real estate private equity sector.
Key Responsibilities- Oversee the existing market team in Atlanta, Georgia, and source investment opportunities.
- Maintain ongoing relationships with business affiliates and assist with disposition, acquisitions, and refinancing efforts.
- Underwrite the full life cycle of each asset, from acquisition through disposition, including investor returns under different scenarios.
- Develop and implement strategic business plans for each asset, governing its daily operations, market position, and ultimate disposition.
- Direct and steer Property Management teams to ensure financial performance, timely reporting, proactive repairs and maintenance, and positive tenant relations.
- Assist with conducting transaction analysis and support due diligence for new acquisitions.
- Prepare monthly, quarterly, and annual reporting for investor clients and senior leadership.
- Develop analytical tools to enhance leadership's understanding of the portfolio.
- Review property manager operating expense and CAM reconciliations for accuracy and provide final approvals.
- Collaborate with other departments to improve and document processes and streamline reporting.
- Manage relationships with leasing brokers, attorneys, and lenders to negotiate lease terms at or above proforma budget.
- Develop capital improvement strategies and oversee design and construction management activities.
- 7-10 years of commercial real estate experience, with a focus on acquisition or asset management activities.
- Deep knowledge of the Atlanta Metro market.
- Experience with industrial real estate (preferred).
- Bachelor's Degree in Real Estate, Finance, Accounting, or related field (preferred).
- Advanced knowledge of Excel, including building templates for other users, advanced modeling, and underwriting skills.
- In-depth knowledge of real estate finance, including commercial lease terms and debt and equity structures.
- Able to successfully work in a team-oriented environment and partner with internal colleagues, external suppliers, and cross-functional groups.
- Strong analytical, accounting, and critical thinking skills.
- High comfort level with technology used to aid in collaboration, communication, and documentation.
- Excellent written and oral communication skills.
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