What are the responsibilities and job description for the Acquisitions and Asset Management position at Cove Capital Investments, LLC?
About Cove Capital Investments:
Cove Capital Investments is a leading provider of 1031 exchange-eligible DST offerings and cash investment opportunities. Our portfolio spans across the United States with assets in 33 states. We pride ourselves on our commitment to our investors.
Position Summary:
We are seeking an experienced Acquisition & Asset Management Professional to join our team. The ideal candidate will lead the acquisition, repositioning, and management of Multi-Tenant Small Bay Industrial, Retail, and/or Multifamily across the United States. This role is instrumental in managing the Multi-Tenant Small Bay Industrial, Retail, and/or Multifamily portfolio on behalf of Cove Capital's investor base.
Key Responsibilities:
- Acquisition:
- Identify and evaluate multi-tenant industrial small bay and distribution, retail and/or multifamily acquisition opportunities nationwide.
- Conduct due diligence, including market analysis, property inspections, and financial modeling.
- Negotiate purchase agreements and collaborate with legal, finance, and operations teams to close transactions efficiently.
- Repositioning:
- Develop and execute value-add strategies to enhance property performance, including renovations, operational improvements, and market repositioning.
- Partner with third-party vendors and contractors to oversee property upgrades and maintenance.
- Asset Management:
- Oversee day-to-day operations of the multi-tenant industrial small bay and distribution, retail and/or multifamily portfolio, ensuring optimal occupancy, revenue, and NOI performance.
- Monitor and analyze key performance metrics to identify opportunities for improvement.
- Build and maintain strong relationships with property management teams, tenants, and other stakeholders.
Qualifications:
- Proven track record of successful multi-tenant small bay and distribution industrial acquisitions, repositioning, and asset management.
- Minimum of 2-5 years of experience in the industrial asset class.
- Strong knowledge of the industrial, retail and/or multifamily market, trends, and operational best practices.
- Expertise in financial modeling, valuation, and real estate underwriting.
- Excellent negotiation, project management, and leadership skills.
- Ability to travel frequently within the United States.
What We Offer:
- Competitive salary and performance-based bonuses.
- Collaborative and entrepreneurial company culture.
- The chance to work with a team dedicated to delivering potential value to investors and making a significant impact in the real estate investment space.
Job Type: Full-time
Pay: $75,000.00 - $175,000.00 per year
Compensation Package:
- Bonus opportunities
Schedule:
- Monday to Friday
Work Location: In person
Salary : $75,000 - $175,000