What are the responsibilities and job description for the Acquisition Associate position at Zucker Investment Group?
Zucker Investment Group (ZIG) is searching for the next teammate to add value to the organization, while allowing the candidate to learn, grow & develop their career in commercial real estate. Making money and having fun along the way will be bi-products of these efforts.
Role: Acquisitions Associate
About the Role:
The objective for this role is to procure opportunities for ZIG to purchase value-add, retail properties across the eastern half of the United States via:
· Prospecting potential sellers and tenants via cold calls, meetings, etc. – Candidates should anticipate making 400 cold calls per week to potential operating partners and sellers by utilizing ZIG resources
· Developing and maintaining brokerage & tenant relationships – Candidates should anticipate networking on a consistent basis through meals, meet ups and conferences
· Financial Modeling – Candidates should feel comfortable with a model for a prospective acquisition in a basic way (if you haven’t done this, don’t sweat it- this is something we can teach you)
Leveraging Resources & Training:
· Initial Training- the teammate will go through training with the partners to learn how to effectively procure opportunities to purchase properties that fit our criteria
· Ongoing Training- the candidate will continue to work with the partners to improve their skills while also learning the additional steps to acquiring properties (conducting due diligence, obtaining equity & debt, executing the business plan post-close)
· ZIG provides industry leading resources to accomplish best practices or operational efficiencies to provide this position the ability to focus on lead generation
Requirements
· 2-4 years of experience in commercial real estate, in a sourcing role
· Ability to work onsite in Charlotte, NC
In order to fit the ZIG Culture, the ideal candidate:
- Holds themselves accountable and desires to consistently hit their goals
- Asks a lot of questions and is coachable – they are motivated to learn and improve their skill set
- Communicates clearly with teammates and external vendors
- Is creative when solving problems
- Possess grit - they aren’t afraid to hear “no”
- Desires to own commercial real estate
Compensation: Base salary commission
About ZIG:
ZIG is a boutique, commercial real estate company that focuses on investing in ‘value-add’ retail properties across the eastern half of the United States. The company was founded in 2018 with an obsession of creating win-win solutions for anybody we work with. To date, we have purchased assets in twelve states by having the entrepreneurial spirit of a startup but having the backing and resources of a larger organization.