What are the responsibilities and job description for the Acquisitions Associate position at Landmark Properties, Inc.?
Job Description
Acquisitions Associate
As an Acquisitions Associate at Landmark Properties, you will play a pivotal role in identifying and evaluating potential investment opportunities related to student housing. You’ll collaborate closely with the investment management team to analyze and execute acquisitions. Your work will directly impact our portfolio growth and financial success.
Reports to: Senior Vice President of Acquisitions
Direct Reports: None
Duties/Responsibilities: The duties listed below are an outline of the Associate’s responsibilities and should not be considered an all-inclusive list. As the needs of the organization change, these duties may be modified as needed.
Landmark Properties is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees.
Acquisitions Associate
As an Acquisitions Associate at Landmark Properties, you will play a pivotal role in identifying and evaluating potential investment opportunities related to student housing. You’ll collaborate closely with the investment management team to analyze and execute acquisitions. Your work will directly impact our portfolio growth and financial success.
Reports to: Senior Vice President of Acquisitions
Direct Reports: None
Duties/Responsibilities: The duties listed below are an outline of the Associate’s responsibilities and should not be considered an all-inclusive list. As the needs of the organization change, these duties may be modified as needed.
- Assist in sourcing potential acquisition opportunities, including existing properties, land, or development projects.
- Conduct due diligence on prospective properties, assessing their financial viability, market potential, and alignment with our investment strategy.
- Evaluate investment risks and opportunities, considering factors such as location, demographics, and property condition.
- Create and maintain financial models for potential acquisitions.
- Analyze cash flows, pro forma statements, and investment returns.
- Collaborate with the investment team to determine optimal pricing and negotiate terms.
- Stay informed about market trends, supply and demand dynamics, and competitive landscape.
- Identify emerging markets and growth opportunities.
- Provide insights on market conditions to guide investment decisions.
- Assist in coordinating due diligence processes, including legal, financial, and property inspections.
- Prepare investment committee materials, including acquisition memos and business plans.
- Collaborate with legal and finance teams to ensure smooth transaction execution.
- Work closely with the asset management team during the transition from acquisition to stabilization.
- Monitor property performance, lease-up progress, and operational efficiency.
- Participate in strategic decisions related to property management and value enhancement.
- Maintain accurate records of all acquisition-related activities.
- Prepare regular reports on pipeline status, deal flow, and investment performance.
- Assist in investor communications and presentations.
- Bachelor’s degree in finance, real estate, or a related field.
- Strong analytical skills and proficiency in financial modeling.
- Detail-oriented with excellent organizational abilities.
- Effective communication and teamwork skills.
- Prior experience in real estate acquisitions or investment analysis is a plus.
- The work environment characteristics described herein are representative of those an employee encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. The noise level in the work environment is usually moderate.
- Travel: 20%
- The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
- While performing the duties of this job, the employee is frequently required to stand; walk; sit; use hands to finger, handle, or feel; reach with hands and arms; climb or balance; stoop, kneel, crouch, or crawl and talk or hear.
- Specific vision abilities required by this job include close vision, distance vision, peripheral vision, depth perception, and the ability to adjust focus.
- The employee may infrequently drive a vehicle (intrastate and interstate travel) or be subject to air travel for purposes of Company business.
Landmark Properties is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees.
