What are the responsibilities and job description for the VP of Acquisitions position at Praxt Talent LLC?
Vice President of Acquisitions
We are seeking a seasoned leader to spearhead our multifamily real estate acquisition initiatives. This role demands extensive experience in acquisitions and a proven track record of successful multifamily investments.
Primary Responsibilities:
- IDentify and cultivate relationships with industry professionals, including brokers and property owners, to source investment opportunities.
- Conduct thorough market research, financial modeling, and property evaluations to determine the feasibility of acquisitions.
- Oversee every stage of the acquisition process, from due diligence to final negotiations and closing.
- Develop actionable strategies to meet the organization's investment objectives.
- Stay updated on economic conditions, regulatory changes, and trends impacting the multifamily real estate sector.
- Collaborate with internal teams to ensure successful integration and management of new assets.
Candidate Profile:
- A minimum of 8 years of experience in real estate acquisitions, with a focus on multifamily assets.
- Proven ability to identify and execute value-add investment opportunities.
- Knowledge of affordable housing programs, such as tax-credit financing, is an advantage.
- Strong analytical and financial modeling skills.
- Exceptional negotiation and communication abilities.
- Bachelor's degree in real estate, finance, or business-related fields; advanced degrees are a plus.
- Ability and willingness to travel as needed for meetings, property visits, and conferences.
