Head of Multifamily Investments / Acquisitions - Metro Atlanta / SE Region
Our client, a vertically integrated private equity real estate firm with a strong 25+ year history of successful real estate investments across asset classes and market cycles, seeks a high potential, hands-on acquisitions professional to lead the full cycle acquisition process for the Atlanta Market / SE Region. The firm is currently focused on acquisition and development opportunities in the East Coast between Boston and Atlanta and has AUM over $1.8 bil. The company is currently raising its’ fifth fund and has designated the Atlanta area / SE Region as a major investment area / high growth location to acquire and develop multifamily and industrial properties for this new fund.
Position
In this newly created role, this person will be reporting directly to an Acquisitions / Investment Partner located in the Northeast, who has an impressive background / reputation of transaction success as well as being an excellent hands-on mentor, who provides a good blend of guidance and autonomy. Duties will include but not be limited to :
- Source potential MF acquisition opportunities, both fully marketed and off-market existing Class A assets as well as development opportunities.
- Interface with Corporate Senior Management regarding market conditions, investment strategies, and deal-related challenges.
- Strong track record of transaction success in the Atlanta market as well as other selected SE markets.
- Network (brokers and owners), source, and underwrite new acquisitions. Be visible and have a presence in the Atlanta Multifamily market.
- Negotiate purchase & sales agreements, broker agreements, financings, ground leases, etc. Have experience managing the full life cycle asset acquisition / investment process including making presentations / recommendations to the investment committee and Board.
- Tour markets and properties, research market conditions, analyze market data. Lead due diligence process on acquisitions through closing.
- Assist in transition of new assets to property and asset management team.
- Possess an understanding of local and state entitlement pathways and be able to assess entitlement risk for ground-up development opportunities.
Requirements
Minimum 8 years of transactional experience in the Atlanta metro market with a particular emphasis on multifamily required. Industrial acquisition exposure a plusDeal structuring / closing, proven track record in negotiating loan and joint venture documents.Strong quantitative background and proficiency in Microsoft Excel required. Experience with other real estate quantitative tools helpful.Self-starter with the ability to work both independently and as a team member, and to prioritize and handle multiple tasks simultaneously in an organized and efficient mannerStrong entrepreneurial spirit with the ability to manage multiple priorities. Enjoy working in a fast-paced, informal, fluid environment with changing priorities.Ability to make well-reasoned, decisive recommendations to Senior Management.Compensation
Excellent compensation package, including competitive base salary, bonus, equity participation and strong benefits program.