Acquisitions Analyst - Real Estate

About brightSTAR

brightSTAR Communities is a premier operator of Manufactured Home Communities (“MHC”) and Recreational Vehicle Communities (“RV”) across the United States. Our mission is to create vibrant, affordable communities for working families and retirees, as well as attractive vacation destinations for RV travelers.

At brightSTAR, we partner with exceptional leaders to support our rapid growth and meet the needs of our residents by consistently executing our disciplined approach to community building. By combining institutional discipline with our entrepreneurial spirit, we deliver meaningful benefits to our residents and significant growth for our investors.

We are guided by a few Core Beliefs:

• CHARACTER MATTERS
• business should be a FORCE FOR GOOD
• we all profit most when we work for a PURPOSE GREATER THAN OURSELVES
• every decision should maximize LONG-TERM VALUE FOR ALL STAKEHOLDERS

We strive to live our Values every day:

• AUTHENTICITY – We are real, honest, and transparent.
• EXCELLENCE – We solve problems and are obsessed with greatness.
• PARTNERSHIP – We bring out the best in each other.

The Position

BrightSTAR Communities is seeking a driven and detail-focused Acquisitions Analyst to join our growing team. In this role, you will report directly to the Director of Acquisitions and play a key part in identifying, evaluating, and acquiring new investment opportunities. You will conduct in-depth market research, perform comprehensive financial analysis, and collaborate with internal and external stakeholders to drive successful acquisitions.

Responsibilities:

Underwriting & Due Diligence:

• Conduct comprehensive underwriting and due diligence on prospective RV and Manufactured Housing acquisitions.
• Aid in the due diligence process by gathering property information, reviewing documents (e.g., financials, inventory reports, leases, contracts, title reports), and conducting site visits.

Financial Modeling & Analysis:

• Prepare and present detailed financial models and analysis to evaluate potential acquisitions. These will include cash flow projections, return on investment (ROI) analyses, and other key performance indicators (KPIs).
• Develop and maintain Excel-based underwriting templates and tools.

Market Research & Analysis:

• Conduct in-depth market research to identify trends, opportunities, and risks within the MHC and RV sectors.
• Analyze demographic data, economic indicators, and regulatory changes that may impact the market and specific deals.
• Provide data on emerging markets to assist in the acquisition of properties in a future high growth area.

Deal Sourcing:

• Help identify potential acquisition targets by reviewing listing platforms, connecting with brokers, and evaluating off-market opportunities.

Reporting & Communication:

• Assist in preparing presentations for internal and external stakeholders, highlighting key investment opportunities and providing analytical insights.
• Effectively communicate with brokers, sellers, lenders, and third parties to gather information and facilitate transactions.

Collaboration & Support:

• Collaborate with Asset Management and Operations to support overall investment strategies.

Industry Expertise & Knowledge:

• Stay abreast of industry trends, regulatory changes, and economic factors impacting the market.

Database & File Management:

• Track and maintain acquisition databases, including deal pipeline, transaction history, and property owner information.

Additional Responsibilities:

• Assist with other financial and accounting duties as assigned.

Who You Are

• Technically Skilled: Highly advanced proficiency in Microsoft Excel. Experience with Argus, Crexi Intelligence or similar real estate analysis tools is a plus.
• Analytical: Excellent analytical and problem-solving skills with the ability to interpret complex financial data and draw meaningful conclusions.
• Communication & Collaboration: Excellent written and verbal communication skills, including the ability to clearly articulate investment recommendations to senior management and investors.
• Financial Acumen: Expertise in financial modeling and analysis, budgeting, forecasting & capital management.
• Wicked Smart

Qualifications

• A minimum of 2 years of financial analyst experience, preferred.
• Bachelor’s Degree in Finance, Real Estate, Accounting or related field required.
• Ability to analyze financial results, display initiative and exhibit strong organizational skills.
• Strong analytical and financial modeling skills, highly proficiency in Excel.
• Detail-oriented and the ability to multitask in a fast-paced, team environment.
• Excellent written and verbal communication skills.
• Candidates must be legally authorized to work in the United States and must be able to pass pre-employment background, credit check, and drug screening. brightSTAR Communities maintains a drug-free and tobacco-free workplace.

What We Offer

brightSTAR Communities offers a competitive salary based upon experience and a comprehensive benefits package, including:

• Affordable Medical, Dental, and Vision insurance options
• HSA with a monthly Company contribution for those who elect a high-deductible health care plan
• 401(k) with a generous Company match
• Growth Opportunity: This role offers significant potential for career advancement and professional development, allowing you to shape your own trajectory.