Senior Associate/Manager, Multifamily Acquisitions

1 week ago

Washington DCBaltimore Area, United States PRP Real Assets Full time $150,000 - $200,000 per year

PRP – Senior Associate / Manager, Multifamily Acquisitions

Location: Washington, D.C.

PRP Real Assets ("PRP") is a real estate investment management firm focused on high-quality multifamily, industrial, and net lease assets across the U.S. With a strong track record of sourcing and operating institutional-quality real estate, PRP is actively scaling its multifamily portfolio with a strategic emphasis on value-add and core-plus acquisitions in key growth markets.

Our multifamily strategy targets investments in vibrant, high-growth metros such as Northern Virginia, Richmond, Charlotte, Raleigh-Durham, Greenville, Columbia, Indianapolis, and Columbus. PRP plans to expand its multifamily portfolio by 3,000 units over the next 18 months, and we're looking for high-potential professionals who want to grow with us.

The Opportunity

PRP is hiring a Senior Associate / Manager of Acquisitions (depending on qualifications and experience) to join our Multifamily team. This role is directly responsible for deal execution from sourcing through closing across key U.S. markets. The ideal candidate is entrepreneurial, driven, and experienced in underwriting, sourcing, and executing institutional-grade real estate transactions.

Responsibilities

· Source off-market and marketed transactions via relationships with brokers, developers, and owners

· Underwrite deals across PRP's value-add, core-plus and opportunistic multifamily strategies using Excel and Archer

· Develop and present investment memos and pitch materials for internal and external stakeholders

· Drive transaction execution: lead due diligence, coordinate third-party consultants, legal, and closing teams

· Interface with lenders and equity partners, including preparing financial models and deal presentations

· Support senior leadership in refining acquisition strategy and targeting high-value markets

· Collaborate cross-functionally with asset management, property management, and operations teams throughout the acquisition process and post-close transition

· Travel to assets and markets as needed for diligence and relationship development

Ideal Candidate Profile

· –7 years of relevant experience in residential real estate acquisitions, investments, or capital markets

· Strong experience underwriting and closing deals in the $30M–$300M+ range (including portfolios)

· Advanced Excel modeling skills and comfort using Archer or similar platforms

· Strong understanding of debt, JV structures, legal docs, and the full transaction lifecycle

· Excellent communication and presentation skills — able to confidently represent PRP to sellers, brokers, capital providers

· High integrity, proactive problem solver, and thrives in a fast-paced, entrepreneurial environment

Compensation & Benefits

· Competitive base salary

· Performance-based bonus and transactional participation

· Comprehensive healthcare, 401(k), and benefits

· Travel and business development support

· Long-term opportunity to grow into a leadership role

How to Apply

Please submit a resume and short cover note to , including sample transactions (with size, market, and role played). You can also DM us directly on LinkedIn or via your recruiting contact.

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