Investments Director Full Time

The Investments Director is primarily responsible for participating in the acquisition and disposition of existing multi-family communities located in high barrier-to-entry markets. This role will also be responsible for the sourcing and execution of joint venture investments in ground-up developments built by third-party developers.

• Prepares financial analysis of properties being considered for acquisition and/or joint venture investments, which includes advanced pro forma modeling, preparation and review of market surveys, and other financial analysis required to evaluate investment candidates.
• Makes recommendations on the appropriate renovation and deferred maintenance scope of work to be adopted for newly acquired communities.
• Leads on-site due diligence teams during the due diligence process, including obtaining proposals from consultants, managing, scheduling, and coordination of physical due diligence, and summarizes results for senior management.
• Participates in the preparation of investment summaries for qualified investment candidates to be distributed to the Management Investment Committee.
• Manages the closing process for assets approved for acquisition or joint venture investments.
• Leads the transition process post-closing on newly acquired assets to be transitioned to the Operations and Redevelopment functions within the company.
• Prepares potential assets for sale by reviewing existing title reports, assessing capital needs, and preparing on-site staff for the sale and transition process.
• Coordinates with the brokerage community about the production of offering memorandums for properties to be disposed.
• Participates in the review and negotiation of purchase and sale agreements, LLC agreements and various other partnership documents.
• Performs special projects and assignments as needed.

You Have…

Education:

• Bachelor’s degree required
• MBA and/or CPA/CFA preferred

Experience:

• 5+ years of relevant work experience in the real estate industry, preferably in a similar role

Knowledge, Skills and Abilities:

• Possesses outstanding leadership skills and the ability to motivate others and work successfully in a team environment surrounded by strong personalities.
• Exhibits strong motivation, takes initiative, learns quickly, and is a resourceful team player who can work autonomously when required but also has the maturity to ask for support or guidance when needed.
• Demonstrates solid analytical and problem solving skills, including a strong foundation in Microsoft Excel.
• Possesses exceptional communication and organizational skills.
• Exhibits a passion for the real estate industry in general and for a transactional role in particular.

Source: Avalon Bay Career Page

Tagged as: REIT