VP, Acquisitions

POSITION SPECIFICATION

VICE PRESIDENT, ACQUISITIONS

Shine Associates, LLC has been retained to search, identify and recruit a Vice President, Acquisitions on behalf of our client (’Company’). This person will report directly to the Partner and Co-Portfolio Manager. This candidate will be located in the Boston, MA office.

CONFIDENTIALITY

Shine Associates, LLC has been exclusively retained on this assignment. Information contained in this position specification as well as any other information concerning the Company provided or verbally discussed is confidential. All materials and discussions are to be utilized for the sole purpose of a candidate’s personal review of the career opportunity.

CLIENT DESCRIPTION

The firm is a real estate focused private equity firm that invests in a wide variety of opportunistic and value-oriented commercial real estate transactions where the conditions exist for compelling absolute returns over a short and medium duration. The firm invests throughout the United States in single property transactions and multiple property portfolios whereby the investment strategies are based on property-level operational enhancements as well as those with pricing advantages that arise from distressed, complex, and dislocated scenarios.

The firm’s investments are structured in numerous capital forms including direct investments, joint venture equity, preferred equity, mezzanine loans, and transitional first mortgages. Since 1993, the firm has invested in more than $31 billion of commercial real estate on behalf of a diversified and highly regarded group of endowments, foundations, public and corporate pension plans, financial institutions, family offices, and sovereign entities.

VICE PRESIDENT, ACQUISITIONS

The Vice President, Acquisitions (the Acquisitions Professional) is part of an acquisition deal team that is responsible for the overall performance of the individual assets across all major real estate sectors they have developed and acquired. In this role, the Acquisitions Professional is involved with investments from the time they are sourced and identified as potential acquisitions, through underwriting, closing, operational enhancement, and eventual sale. Prior to acquisition, by senior team members, the Acquisitions Professional will work closely with the deal team on the evaluation and execution of a prospective investment and its underwriting. After acquisition, the Acquisitions Professional will provide support as needed with the asset’s joint venture partner / borrower and the assigned asset manager on the execution of the investment strategy established for it at acquisition.

• In addition to supporting the sourcing and acquisition of assets by senior team members, the individual will be responsible for sourcing potential real estate acquisitions. Networking within the real estate community is a major part of this position and includes determining the appropriate contacts within markets and the evaluation of which will be most beneficial in ensuring the successful execution of the firm’s long-term business plan. Essential contacts to be established and maintained include competitors, brokers, management companies, developers, potential sellers, data providers, and existing firm relationships.
• In conjunction with the Managing Director, on a quarterly basis, this person will review and evaluate market data and recommend markets and sub-markets in which to target acquisitions.
• This position requires extensive travel to source and execute new transactions and must maintain a current pipeline of investment opportunities.
• This person will participate in national trade associations that further the business activities of the firm, such as the Urban Land Institute (ULI).

KEY RESPONSIBILITIES

The firm institutes a “cradle-to-grave” investment management philosophy and is seeking an Acquisitions Professional who will play an active role on the origination team providing underwriting support for new equity and debt transactions for the firm’s various investment funds. The Acquisitions Professional will work as part of a deal team throughout the project lifecycle of an asset providing additional analytical support to evaluate and track investment performance. Primary responsibilities will include the following :

PROFESSIONAL QUALIFICATIONS

Candidates should have broad-based analytical skills, superior capabilities in cash flow modeling, sound research abilities and outstanding communication skills.

COMPENSATION

The Company is prepared to offer a competitive compensation package including salary, bonus and other benefits.

CONTACT INFORMATION

Shine Associates, LLC

45 School St., Suite 301

Boston, MA 02108

www.shineassociatesllc.com

Hillary H. Shine, Principal

Chandlee Gustafson, Associate

Cell : (203) 613-3562

Hillary@shineassociatesllc.com

Chandlee@shineassociatesllc.com

Kelsey Shine, Director

Cell : (508) 494-6569

Kelsey@shineassociatesllc.com

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