Head of Asset Procurement

5 days ago


New York, New York, United States Rose Associates Inc. Full time
Overview:
Rose Associates Inc. is a dynamic and innovative real estate company based in New York City. With a rich history spanning almost a century, we have established ourselves as a leader in the industry. Our services platform encompasses development, management, and marketing, catering to private and institutional property owners worldwide. In the competitive market of New York City, we've solidified our position through continuous expansion across the tri-state area.

Job Responsibilities:
We are seeking a highly experienced and skilled Head of Asset Procurement to join our team. In this critical role, you will be responsible for identifying, evaluating, and executing strategic acquisition opportunities that drive the growth and success of our organization. The ideal candidate will possess a keen analytical mind, strong negotiation skills, and a deep understanding of market trends and financial analysis.

Key Responsibilities:
• Identify existing multifamily properties for repositioning or acquisition;
• Source and acquire adaptive re-use investments;
• Lead the sourcing, evaluation, due diligence, and closing of rental residential property acquisitions in the NYC metropolitan area;
• Screen investment proposals to determine fit within Rose Associates' investment objectives;
• Analyze industry trends and recommend new investment strategies;
• Interface with investment bankers, brokers, and investors;

Requirements:
• 10+ years of relevant real estate experience with a focus on acquisitions;
• Advanced Excel modeling skills, including complex promote structures and return waterfalls;
• Proven track record of creating and closing real estate transactions;
• Experience in residential, mixed-use, and commercial properties within the NYC metropolitan area;
• Ability to understand and negotiate complex legal agreements;
• Experience with investment financings;
• Familiarity with inter-creditor documents;
• Demonstrated excellence in real estate investment, underwriting, transaction structuring, and financial analysis;

Compensation: We offer a competitive salary range of $180,000 - $250,000 per year, plus significant incentive pay and full benefits packages.

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