**_Welcome to Mill Creek! We're glad you're here!_** **_At Mill Creek Residential we are committed to building a diverse, equitable and inclusive workplace where our associates can grow and bring their whole selves to work. This starts with our recruiting and hiring process._** **_Studies have shown that women and people of color are less likely to apply to jobs unless they meet every single qualification. We want you to know that we encourage you to apply if this job excites you, even if you don't meet 100% of the requirements. You may just be the right candidate for this role, or another role and make your mark at Mill Creek._**

The Assistant Vice President will own and drive all multifamily acquisitions in their territory including sourcing, underwriting, due diligence, legal negotiation and closing core, core plus, and value add multifamily property acquisitions, debt investments, and preferred equity and/or mezzanine debt within their territory. Generate pipeline of investment opportunities within territory, including off-market transactions, and ensure realistic and disciplined underwriting standards are maintained.

**Essential Functions/Responsibilities**

Source multifamily core, core plus and value add property acquisitions and debt investments

Identify strategic opportunity and develop sourcing strategy and pipeline within assigned territory, targeting on-market and off-market transactions that satisfy current portfolio management requirements

Develop strong industry relationships with brokers and developer partners and operator partner relationships for debt and preferred equity investments, if required, and others to expand sourcing network

Supervise, train and mentor junior acquisitions officers on market and property research and underwriting of potential investments

Coordinate due diligence using other Mill Creek specialized team members to ensure comprehensive and timely completion within the transactional timeframe and Mill Creek's investment process requirements

Negotiate LOIs, term sheets, and legal documentation associated with the investment, managing, and working with Mill Creek's outside counsel

Coordinate investment financing and closing with Capital Markets taking the lead

Coordinate investment closing with transactions closing team

Present new investments to Investment Committee for approval

Monitor and track performance of investments post-acquisition with Portfolio, Asset and Property Management taking the lead

Provide input into the property/investment valuation process

Manage and develop Acquisitions staff

Consistently demonstrate use of tact and discretion

All other duties as assigned

**Education and/or Experience**

Minimum of one (1) years managing acquisitions/sales staff

Minimum five (5) years of experience in the multi-family sector in multiple geographies

Originating loans to purchase properties in excess of 200 units

Experience in both debt and equity transactions preferred

Savvy and experienced underwriting and structuring of multifamily debt and equity transactions, preferably in the distressed arena

Sophisticated structuring of joint ventures containing promotes, splits, preferred returns, etc.

Knowledge of full capital structures and how best to structure transactions for maximum return

Experience in sourcing distressed opportunities from investment banks, large commercial banks, mortgage REITs, mezzanine lenders and investors, hedge funds, equity/opportunity funds, and or mortgage brokers and loan sellers

Effective negotiations skills, including, but not limited to, knowing what's important, creating win/win opportunities, knowing when to be flexible, when to be firm and knowing when to ask for investment committee guidance

Demonstrated successful experience in structuring equity, mezzanine and preferred deals

"Presence" necessary to "get in the door" and successfully interact with Wall Street, owners, sellers and principals

Ability to influence and persuade, using a variety of approaches appropriate for the situation and party being influenced

Excellent relationship building skills in working with property management, internal and external partners and sellers

Demonstrated management skills with track record of building teams and identifying, mentoring, and growing talent in-person and virtual

Aptitude for organizing, prioritizing, and managing multiple priorities, using critical thinking and problem solving

Demonstrated multi-modal communication style that reaches every stakeholder, specifically excellent verbal, and written communications

Collaborative working style with inclusive work and thinking behaviors, commitment to excellence in teams and work product, with a strong work ethic

Proficiency and willingness to adopt new systems and processes.

Demonstrate emotional intelligence in high pressure and sensitive situations

Ability to see, analyze and understand business dealings in terms of the overall business plan

Tenacity, patience, and perseverance to work with business deals from beginning to end of process

Represent the Mill Creek employment brand well to candidates by seeking to understand the capabilities and insights of people with unique backgrounds, cultures, styles, and abilities

Maintain confidentiality of sensitive information and communications of information

Develop productive working relationships with all team members including internal clients and external third parties

Demonstrated high level of ethics and integrity with a straightforward and honest approach

**Technical/Educational Requirements**

Undergraduate degree is required. MBA, CFA or equivalent experience and training is an added benefit, but not required

Demonstrated advanced financial modeling and Excel skills required

Demonstrated ability to use and learn new technology (e.g., computers/hardware, mobile, software, cloud-based programs)

Proficiency with computers, keyboards, monitors and telephone headsets.

Proficiency in Microsoft Suite of Products (e.g., Word, Outlook, Excel, Teams, Power Point)

**About the Benefits of joining the Mill Creek Team**

Competitive compensation, with bonus opportunity

Comprehensive medical, dental and vision

Employer sponsored short and long term disability, Life and ADD insurance

401k with employer matching

Paid time off benefits: Vacation, Sick, Holidays

_Mill Creek is an Equal Opportunity Employer_

**Are you ready to contribute to the success of Mill Creek Residential? If so, apply today and become part of an organization that believes in uncompromising integrity, celebrating successes, continuous improvement, and working hard, smart and together!**

**People. Places. Relationships. Our tagline begins with the** **most important part** **of Mill Creek, our people. As a multifamily company focused on** **construction,** **development, acquisition, and operations** **of** **rental** **communities in** **the most desirable** **markets coast-to-coast, we are also committed to ensuring a diverse, equitable and inclusive environment for our resident customer and our associates. We have implemented processes to support DE&I practices throughout the associate lifecycle from recruiting and hiring to ongoing training programs for career advancement. Our growth since our founding in 2011 is nothing short of remarkable - a direct reflection of our team's contributions. We are committed to listening to our associates and focusing on continuous improvement.**

**For more information about our DE&I initiatives, please** **click here (https://millcreekplaces.com/2020-esg-report/)** **to review our inaugural Environmental, Social, Governance (ESG) Report.**