What are the responsibilities and job description for the VP, Multifamily position at Praxt Talent?
Vice President of Acquisitions
We are looking for an accomplished leader to drive our multifamily real estate acquisition initiatives. This role requires extensive experience in acquisitions and a successful track record in multifamily investments. Familiarity with value-add strategies and affordable housing programs is a strong plus.
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:
- At least 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.
