Crestbay
Crestbay
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Senior Acquisitions Associate – Own Deals, Build Equity, Break the Institutional Ceiling
CrestBay | Miami, FL / NYC (Hybrid)
Competitive Compensation + Performance Bonus + Equity Participation for the Right Candidate
If you’re crushing it at a big institution but stuck behind layers of approval, this is the opportunity for you.
CrestBay is a high-velocity infill industrial platform built by operators who closed 300+ transactions and deployed $2B. We’re looking for a promotion-blocked high performer with 3-5 years of infill industrial acquisitions experience who brings established broker relationships, proven deal sourcing, and deep market knowledge and is ready to own deals end-to-end without the bureaucracy. You know the difference between functional last-mile and obsolete shallow bay. You track market rents in Hialeah vs. Doral, you know which brokers control off-market flow, and you can explain why Northern New Jersey cap rates move differently than Sun Belt markets. But you’re waiting 18-24 months for promotion while doing VP-level work, watching deals die in committee, and seeing partners capture 100% of the upside you created.
We’re offering the next step: Full deal autonomy, equity participation for the right candidate, and a platform where your broker relationships and market expertise directly drive your wealth creation.
What You’ll Own
This is 90% acquisitions
Deal Execution:
- Lead high-volume infill industrial acquisitions across Florida (Miami, Tampa, Orlando), Atlanta, and Northern New Jersey
- Own deals end-to-end: Off-market sourcing through your broker network, PSA negotiation, due diligence, and closing
- Leverage existing broker relationships to source deals from day one, this role requires immediate sourcing capability
- Lead underwriting and IC presentations with full P&L accountability
- Manage multiple live opportunities using your deep understanding of market dynamics, pricing trends, and competitive positioning
Strategic Impact:
- Shape market expansion by identifying new infill sub-market opportunities
- Develop proprietary sourcing channels leveraging relationships you’ve already built
- Build scalable systems (AI-assisted, broker CRM, deal tracking)
The Deal Environment:
- Asset Class: Last-mile and shallow bay infill industrial (15K-100K SF)—supply-constrained urban/suburban markets, NOT big-box logistics
- Deal Size: $5M-$25M (averaging $10M)
- Volume: High-velocity platform. execute significantly more deals than most associates complete in 3-4 years at mega-funds
- Markets: Florida, Atlanta, Northern New Jersey infill industrial or comparable MSAs where you have established relationships
- Deal Types: Majority off-market and lightly marketed via your network
Who You Are:
Non-Negotiable Requirements:
- -3-6 years institutional infill industrial acquisitions experience – You’ve led (not just supported) full acquisition cycles at a recognized platform (REIT, PE, large family office). You can build cash flow -models from scratch and defend assumptions in IC.
- -Established broker relationships in target markets – You have existing relationships with brokers in Florida, Atlanta, Northern NJ (or similar infill hubs) and can source deals day one. Brokers call -YOU with off-market opportunities. You’ve personally originated transactions through your network.
- -Deep infill industrial market expertise – You know the local players (who owns what, who overpays, who moves fast), you can quote current rents and comps without looking them up, and you understand sub-market dynamics and where the next 12-24 months of opportunity lie.
- -High-volume platform experience – You’ve executed significant deal volume, can juggle multiple live deals simultaneously, and understand that market knowledge is essential for velocity. You know shallow bay vs. last mile, track functional obsolescence, and can articulate why Miami infill differs from Atlanta infill.
What Makes You a Fit:
- Blocked from promotion despite outperforming peers
- Tired of deals dying in committee after you’ve done the work
- Want to own outcomes and build wealth through equity, not just climb a salary ladder
- Don’t need hand-holding: you’ve seen enough acquisition cycles to run them yourself
- Big advantage: Proficiency with AI tools like Claude Code, ChatGPT, or similar platforms, especially if you can show how you’ve built custom workflows or processes that made your deal execution more efficient. We value individuals who leverage technology to eliminate low-value work and focus on high-impact decisions.
What You’ll Get
Compensation:
- Competitive base positioning this as a career-advancing opportunity
- Performance bonus tied to closings and platform growth
- Equity participation for the right candidate your deals build YOUR net worth
Career Acceleration:
- VP trajectory in 18-24 months based on performance (not politics)
- Direct mentorship from founders who’ve deployed $2B
- Condensed learning curve: Execute in 2 years what takes 5-7 at bureaucratic institutions
Operational Autonomy:
- No 47-person investment committees—present to principals, decisions in days
- Own broker relationships—you’re the relationship owner and deal originator
Work Environment:
- Hybrid flexibility: Miami or NY-based with remote work flexibility and market travel
- High-performance culture: Hard work during deal sprints, but we don’t confuse busy with productive
- Technology-forward: Working with AI-assisted tools: Claude code, GPT, Others.
The Interview Process
- 30-minute phone screen – Culture, Previous experience, market expertise, comp alignment
- 60-minute case study – Live underwriting exercise on real infill industrial deal
- Final round with founders – Strategic discussion on your network, market knowledge, and sourcing approach + references
- Offer within 5 business days
How to Apply
Send your resume and a 2-3 sentence answering:
- How many infill industrial acquisitions have you closed in the last 3-5 years? Of those, how many did you LEAD end-to-end (sourcing through closing) vs. support? Briefly describe your specific role in the deal process.
- Which specific infill industrial markets do you have acquisition experience in? What was the average deal size? Provide one example of an infill industrial deal you closed (market, asset, size, what made it challenging).
- Do you have active broker relationships in our target markets (Florida, Atlanta, Northern NJ) that you can leverage immediately? Please briefly elaborate.
- What’s your timeline for a move, and why are you looking to leave your current platform?
Apply: [email protected] or via LinkedIn job application
Timeline: Rolling review, we’ll close the search when we find the right person.
About CrestBay
CrestBay is a vertically integrated infill industrial platform specializing in last-mile and shallow bay assets across high-growth East Coast markets. Founded by veterans with institutional pedigrees, we combine mega-fund rigor with entrepreneurial speed.
Our thesis: Infill industrial in supply-constrained markets will outperform for the next decade. We’re building an institutional-quality platform to capitalize on it and offering the right people with proven market expertise and broker relationships the opportunity to build wealth alongside us.
