Lead Analyst, Property Acquisitions

2 weeks ago


Newport Beach, California, United States NAIOP SoCal Full time
Position Title: Senior Analyst, Acquisitions & Dispositions

Company: NAIOP SoCal

Location: Newport Beach, CA

Employment Type: Full-time; On-site; Mid-Senior level

Key Skills: Communication, Microsoft Excel, and more

Job Overview:

NAIOP SoCal is a dynamic organization seeking dedicated professionals eager to advance their careers. The Senior Analyst of Acquisitions & Dispositions will be pivotal in supporting the acquisitions team throughout the investment transaction lifecycle, which encompasses deal sourcing, market research, financial evaluation, due diligence, and internal investment assessments.

This role requires a full-time presence in the office to foster collaboration.


Core Responsibilities:

Financial Evaluation:
Conduct thorough financial assessments and underwriting for prospective acquisition projects using Excel and Argus Enterprise. Develop cash flow models to aid in the valuation process.

Transaction Management:
Assist in the creation of investment committee documentation for proposed acquisition and disposition projects. Prepare Letters of Intent (LOIs) and support the due diligence and closing phases by reviewing leases and estoppels.

Market Research:

Execute comprehensive market analysis utilizing CoStar and internal resources to compile competitive and sale comparison sets that will refine underwriting assumptions during the acquisition process. Maintain a robust understanding of targeted markets through direct research and evaluation of third-party studies.


Opportunity Tracking:

Monitor potential acquisition prospects by ensuring that NAIOP's proprietary software is consistently updated with current deals under consideration. Prepare for weekly pipeline discussions and present findings to the acquisitions team.


Ad-Hoc Support:
Act as a resource for various departments within NAIOP. Address inquiries related to previous acquisitions and assets in the disposition pipeline.

Software Management:
Ensure the proprietary software is updated with the latest sale comparisons and conduct quarterly competitive set reviews. Collaborate with the acquisitions team to finalize the software's format and design. Engage with market contacts, including national and local brokers, to gather relevant information weekly.

Qualifications:
- Minimum of 3 years of extensive experience with Argus and Excel.
- At least 3 years in an analytical capacity within commercial real estate, preferably in the industrial sector.
- Bachelor’s degree in real estate, finance, economics, or a related field.
- Familiarity with real estate analysis tools, including CoStar.
- Exceptional written and verbal communication abilities.
- Strong organizational skills with meticulous attention to detail.
- Willingness to travel (5-10%) within the western region.
- Experience in a fast-paced, entrepreneurial environment.

This position offers the chance to work directly on live transactions and gain insights into all phases of the investment life cycle, particularly within the acquisitions team. Exposure to various departments in a rapidly growing real estate fund manager and operator, including acquisitions, property management, asset management, finance, and marketing, will be provided.

Gain valuable insights into the real estate sector and analyze diverse investment strategies across major markets.


Benefits:
- Competitive salary with bonus eligibility.
- Comprehensive medical, dental, vision, and life insurance.
- Paid time off and a 401k plan with company matching.
- Opportunities for professional development.
- A vibrant work environment featuring amenities such as an indoor basketball court, creative office space, team-building activities, and training opportunities.

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