Director of Acquisitions
$200,000–$200,000 year
On-siteNewport Beach, California, United States
Job Summary
Identify, source, and evaluate multifamily acquisition opportunities across primary and secondary markets while cultivating relationships with brokers, lenders, and property owners to secure off-market deal flow. Oversee comprehensive financial modeling, valuation analysis, and due diligence processes including physical inspections, environmental reviews, and lease audits. Lead the transaction lifecycle from initial Letter of Intent through contract execution and closing, managing capital placement efforts and coordinating with legal counsel. Collaborate with internal property management and capital expenditure teams to refine post-acquisition budgets and operating cost assumptions. This role reports directly to the Chief Investment Officer and requires up to 80% travel, including visits to other Company operated locations.
Required Qualifications
- 7+ years of experience in commercial real estate investments or acquisitions, with a primary focus on multifamily properties
- Bachelor's degree in Finance, Real Estate, or Economics
- Proven history of leading closed transaction volume (minimum $500M+ in total deal volume as lead acquisition officer)
- Advanced mastery of Excel real estate financial modeling (waterfall structures, debt/equity sizing, complex IRR calculations)
- Deep understanding of construction cost benchmarks, local building codes, and multifamily demographic drivers
- Strong understanding of current debt financing options (Agency/Fannie/Freddie, bridge, construction, debt funds) and equity partner dynamics
- Valid driver's license or ability to utilize an alternative form of transportation at their own expense which allows them to reach the required destination in a time period comparable to that if they were to drive their own vehicle
- Must have a valid driver's license and provide proof of insurance
- Must be able to undergo a DMV record search
- Pre-employment background check
- Drug screening
Desired Qualifications
- graduate degree
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