Demo

Vice President, Investments

Shopcore Properties, LP
Santa Monica, CA Full Time
POSTED ON 1/17/2025
AVAILABLE BEFORE 4/6/2025

About Us

EQ Office (“EQ”) and ShopCore Properties (“ShopCore”), both Blackstone portfolio companies, merged into one entity (“the Company”) in September 2024 to drive scale and form a diversified, best-in-class commercial real estate platform. This vertically integrated platform supports a diverse team of 260 office and retail professionals with expertise across acquisitions, asset management, leasing, development, and property management. EQ operates approximately 15 million square feet of commercial office space, while ShopCore operates 9 million square feet of open-air retail centers. Both portfolios stretch across major U.S. markets including Atlanta, Boston, Chicago, Los Angeles, New York, San Francisco, and Seattle.

The combined Company fosters a collaborative culture built on the principle of OneTeam . This means individuals work together across teams, functions and time zones to achieve shared goals. OneTeam is the desire to be part of something bigger than yourself – and striving to find a greater purpose. The Company creates a more innovative and fulfilling environment by sharing best practices, with a focus on having a positive impact on employees, customers and communities. OneTeam principles include :

  • Kindness, Respect and Trust
  • Merit
  • Accountability
  • Integrity
  • Essential Transparency
  • Never be Complacent
  • Work Hard and Have Fun

The Role

The Company is seeking a highly skilled Vice President, Investments, to be based at headquarters in Los Angeles. Under the direction of the CEO, Alex Vouvalides, the successful candidate will be responsible for managing the Company’s retail acquisitions activity in partnership with Blackstone. They will also be responsible for understanding and communicating investment market conditions, analyzing risk and return with respect to underwriting investment opportunities, overseeing due diligence, and reporting results. The successful candidate will possess strong real estate investment knowledge, with a background in retail and mixed use sectors. This experience will also be accompanied by strong analytical modeling skills, excellent communication, and the ability to manage a large team to work cross-functionally with other business lines, with high transaction volume. This is a high visibility role, with consistent and impactful interaction with executive leadership at EQ Office, ShopCore, and Blackstone. Key responsibilities will include but are not limited to the following :

  • Drive sourcing and assessment of retail and office investment opportunities (both asset level and corporate level transactions) by critically evaluating the merits and risks of the investment through the analysis of financial metrics.
  • Evaluate investment opportunities including in-depth market review, financial and strategic analysis. Assist in preparing recommendations for investment committee and support all single-asset acquisitions.
  • Support EQ and Blackstone in major investment activities (portfolio-level acquisitions, dispositions, development, joint ventures and M&A underwriting).
  • Develop and maintain extensive network of industry relationships to stay attuned to market trends.
  • Collaborate with EQ market leaders to research and analyze key statistics for managing the portfolio and making investment decisions.
  • Manage financial analyst(s), associate(s), and senior associate(s) across the country and oversee workstreams to ensure consistent, high-quality output.
  • Candidate Profile

    The successful candidate will have strong work ethic and operate in a highly collaborative manner. They will also have an analytical mindset with the ability to build out more advanced data to help drive results. The Vice President, Investments, must have a growth mindset with the ability to build and develop teams, while expanding the scope of the business in a sustainable manner.

    Key competencies required for the position include :

  • Exceptional interpersonal skills, including a demonstrated ability to develop and maintain external and internal networks with ease.
  • Natural ability to build and maintain strong relationships with others, demonstrating strong emotional intelligence and an ability to communicate clearly and persuasively.
  • Dedicated, collaborative team player and leader with a strong sense of ownership.
  • Excellent communication skills, both verbal and written.
  • Executive presence with appropriate gravitas and maturity to be successful and build influence amongst internal and external constituents.
  • Understands and incorporates viewpoints from all key stakeholders to drive decision making.
  • A self-starter who thrives under pressure and is resourceful at identifying solutions, especially navigating through complex situations, even amidst ambiguity.
  • Leadership capabilities with an interest to grow, while assuming additional responsibilities in the near term.
  • Actively builds and enables supportive relationships to create a successful, dynamic and fun team organization and culture.
  • Strong management skills with willingness to roll up sleeves.
  • Ability to direct, coach, and evaluate teams.
  • Professional Qualifications :

  • A minimum of 10 years of experience at a reputable real estate investment experience, ideally from an investment management or private equity platform, or alternatively from a REIT or operating platform.
  • Proven track record of sourcing and acquiring retail opportunities.
  • A self-starter that can work independently and work effectively with centralized team, while possessing the experience and gravitas to manage internal and external constituencies.
  • Extensive history of creating and maintaining strong business relationships; meets with leasing and investment brokers and competing institutional owners to identify and strengthen business opportunities.
  • Experience analyzing competitive market information and establishing performance benchmarks and best practices.
  • Ability to think and act strategically with experience analyzing investment decisions.
  • Strong Excel skills and extensive knowledge of Argus software.
  • An undergraduate degree is required.
  • Some travel required.
  • Compensation

    Learn more about the general tasks related to this opportunity below, as well as required skills.

    The compensation available for the role considers a variety of factors including, but not limited to, work location, individual skill set, previous / applicable experience, and other business needs. The estimated base salary range for individuals is $275,000 to $300,000 as part of an overall compensation package. The above salary range represents the Company’s good faith and reasonable estimate of the possible base salary range at the time of posting and is one part of the total rewards that the Company provides to its employees.

    Closing

    EEO Statement

    Our company is proud to be an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees. Our employment decisions are based on individual qualifications, job requirements and business needs without regard to race, color, marital status, sex, sexual orientation, gender identity and / or expression, age, religion, disability, citizenship status, national origin, pregnancy, veteran status and or any other legally protected characteristics. We are committed to providing reasonable accommodations, if you need an accommodation to complete the application process, please email recruiting@eqoffice.com

    LI-Onsite

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    Salary : $275,000 - $300,000

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