What are the responsibilities and job description for the Acquisition Associate position at LEGACY INVESTING?
As Acquisition Associate you will play a crucial role in the company's growth strategy by supporting the identification, evaluation, and execution of potential acquisition targets. This role involves conducting market research, financial analysis, due diligence, and assisting in the integration process. The ideal candidate possesses strong analytical, research, and communication skills.
Expectations for an Acquisition Associate role include:
· Proactive and driven: Take initiative to identify new opportunities and contribute to the team's success.
· Highly analytical and detail-oriented: Possess strong analytical skills with a keen eye for detail in financial modeling and due diligence.
· Effective communicator: Communicate clearly and concisely, both verbally and in writing, with colleagues, clients, and partners.
· Team player: Collaborate effectively with team members and other departments to achieve shared goals.
· Adaptable and flexible: Thrive in a fast-paced environment and adapt to changing priorities.
· Strong work ethic: Demonstrate a commitment to excellence and a willingness to go the extra mile.
· Ethical and professional: Maintain the highest standards of ethics and professionalism in all interactions.
Responsibilities Include:
· Market Research & Sourcing:
o Conduct thorough market research to identify potential acquisition targets aligned with company investment strategies.
o Develop and maintain relationships with brokers, owners, and other industry professionals to source off-market opportunities.
o Analyze market trends, demographics, and economic factors to assess investment potential.
· Financial Analysis & Underwriting:
o Create detailed financial models to evaluate property performance and project future cash flows.
o Perform due diligence, including review of leases, operating statements, and third-party reports.
o Assess investment risk and return metrics.
· Acquisition Execution:
o Assist in the preparation of investment committee memorandums and presentations.
o Participate in property tours and due diligence site visits.
o Coordinate with legal, accounting, and other internal teams to ensure smooth transaction closings.
Qualifications:
- Bachelor's degree in Real Estate, Finance or a related field.
- 2-4 years of experience in commercial real estate acquisitions or investment analysis.
- Strong understanding of real estate finance and investment principles.
- Advanced proficiency in Microsoft Excel and financial modeling.
- Excellent analytical, problem-solving, and communication skills.
- Ability to work independently and as part of a team.
