1 Commercial Real Estate Acquisition Associate -- Remote | WFH Job in Bayonne, NJ
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Commercial Real Estate Acquisition Associate -- Remote | WFH
$97k-133k (estimate)
Full Time
1 Month Ago
Get It Recruit - Real Estate is Hiring a Remote Commercial Real Estate Acquisition Associate -- Remote | WFH
Job DescriptionJoin our dynamic team in a fully remote position with performance-based compensation only.
About UsWe are a leading private real estate investment firm dedicated to the ground-up development of industrial projects and large-scale multifamily residences. At our core, we specialize in revitalizing distressed commercial real estate assets across various sectors, including multifamily and industrial opportunities.
We're seeking a driven individual who thrives in a fast-paced startup environment. If you're eager to contribute to a growing business and exceed your financial aspirations, we invite you to apply now!
Responsibilities
Pay: $100,000.00 - $360,000.00 per year
Supplemental Pay Types
About UsWe are a leading private real estate investment firm dedicated to the ground-up development of industrial projects and large-scale multifamily residences. At our core, we specialize in revitalizing distressed commercial real estate assets across various sectors, including multifamily and industrial opportunities.
We're seeking a driven individual who thrives in a fast-paced startup environment. If you're eager to contribute to a growing business and exceed your financial aspirations, we invite you to apply now!
Responsibilities
- Identify, evaluate, negotiate, and finalize commercial real estate investments in New Jersey and beyond, encompassing development prospects and existing assets within office, retail, industrial, and multifamily segments.
- Develop intricate financial models, discern trends and risks, assess property valuations and debt structures through cash flow analysis, IRR calculations, and comparative sales.
- Cultivate an active deal pipeline by sourcing both on and off-market opportunities.
- Prepare investment memoranda and craft presentations for acquisitions.
- Cultivate and nurture relationships with key market players, including investment sales brokers, leasing agents, lenders, and property managers, to uncover off-market deals.
- Offer leadership in assessing development-related risks and assumptions during the underwriting stage, overseeing all facets of the acquisition process from due diligence to closure as required.
- Present and advocate for investments to the Investment Committee.
- Conduct comprehensive market assessments, site evaluations, zoning analyses, and other due diligence tasks related to site acquisition and development feasibility.
- Collaborate with legal counsel to negotiate purchase agreements, partnership agreements, and other pertinent legal documents.
- Leverage strong industry contacts and sourcing capabilities to identify opportunities for growth.
- Fulfill other duties as assigned.
- You possess a genuine passion for real estate and are highly motivated to excel.
- A Bachelor's degree or equivalent combination of experience and education is required, with an MBA or related graduate degree considered a plus.
- Proven experience in team leadership and relationship cultivation.
- Exceptional attention to detail and a sense of urgency.
- Outstanding communication skills, both verbal and written, with the ability to work autonomously.
- Proficiency in evaluating construction documents and conducting financial analysis using advanced MS Excel skills.
- Minimum of 5 years of commercial real estate investment experience across various asset types.
- An entrepreneurial mindset coupled with a strong work ethic.
- Immediate availability and consistent attendance are essential.
- Personal computer equipment is required.
Pay: $100,000.00 - $360,000.00 per year
Supplemental Pay Types
- Commission pay
- How many hours per week can you dedicate to this role?
- When are you available to start?
- If currently in a commercial real estate acquisition role, how many deals have you closed in the past 12 months? If in a previous acquisition role, how many deals did you close for your company and in what timeframe?
- Real Estate Acquisition: 1 year (Required)
- Work Location: Remote
Job Summary
JOB TYPE
Full Time
SALARY
$97k-133k (estimate)
POST DATE
05/25/2024
EXPIRATION DATE
07/17/2024
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