Current Positions

Industry
Residential

Salary
To $125K

Location
New York City

Sr. Multi-Family Acquisition Associate

Sr. Multi-Family Acquisition Associate

  • Monitor target markets and review potential property acquisitions. Interface with real estate brokers and owners.
  • Complete property/market analyses and prepare investment submissions and pro formas for the Investment Committee.
  • The underwriting will include the preparation of financial projections, a review of comparable properties within the sub-market, the identification and explanation of the economic drivers in the market, and an investment rationale for the investment in the proposed property.
  • Inspect properties under consideration.
  • Submit offers under the direction of the Investment Committee. Coordinate and lead all buyer/seller interview calls.
  • Assist in the review and negotiation of purchase contracts.
  • Assist with the completion of market and on-site property due diligence inspections, including the review of engineering and environmental studies.
  • Complete underwriting and due diligence files.
  • Prepare a Due Diligence Summary for the Investment Committee prior to the end of due diligence.
  • Assist in preparing and reviewing all closing items and closing pro rations.
  • Complete a detailed Closing Memorandum for each acquisition.

The following background/skills are required:

  • A solid understanding of financial analysis for real estate transactions.
  • The ability to write a concise property tour memo and all other written reports required by the Investment Committee.
  • A minimum of five years real estate work experience within the multi-family industry, including a deal sheet indicating all deals successfully closed.
  • Team mentality and the ability to work well and coordinate with others.
  • Proficient with Microsoft Word and Excel.
  • Ability to travel nationally.
  • Bachelor’s degree at a minimum.

 

 

 

Only qualified candidates will be considered.
Please submit Resume in A WORD DOCUMENT info@macinnisward.com
Please let us know if you are available on Zoom, Skype and or FaceTime.
Please no phone calls.