Acquisitions Associate

Job Description

 Acquisitions Associate

Triangle Capital Group is a privately-held opportunistic real estate investment management firm based in New York City. Triangle invests in real estate debt and equity; including commercial mortgage-backed securities, whole loans, B-Notes, mezzanine loans, REO assets, and other joint-venture opportunities. The core of Triangle’s investment strategy is its focus on acquiring and repositioning distressed real estate throughout the United States.    

Through its debt and distress-related strategies, Triangle and its partners have acquired over $1.5 billion in real estate assets. Triangle’s portfolio includes industrial, hospitality, multifamily, retail, and office properties.

Triangle understands that our success hinges on the highest level of motivation and collaboration from our team. Triangle cultivates an entrepreneurial work environment that rewards motivation, creativity, and integrity.

Position Summary:

Triangle Capital is seeking qualified individuals for an Associate position to support its acquisitions and asset management team. Qualified candidates will have real estate related work experience with a high degree of proficiency in Argus and Excel, the ability to communicate effectively both in writing and orally, the ability to multi-task and thrive in a fast paced environment, and strong attention to detail. 

The Associate will be responsible for the following, among other things: 

• Providing asset and market level due diligence and analysis through discussions with brokers, property managers, and other research sources.
• Producing cash flow models using Argus and Excel to evaluate credit and equity investment opportunities.
• Creating detailed analysis, business plans, and investment memorandums to support investment thesis and models.
• Coordinate with prospective lenders to facilitate acquisition financing.
• Assisting asset managers with lease analysis, capital projects, budget review, refinancing, and dispositions.
• Establishing and maintaining relationships with brokers, owners, lenders, and other firms to identify and source new opportunities.

Requirements:

• Bachelor’s degree in Finance, Economics, Accounting, or Mathematics preferred.
• 3-5 years of experience in a real estate related role – preferably acquisitions, investment sales, or investment banking   
• Proficiency in MS Office applications, especially Excel and PowerPoint
• Expert ARGUS Enterprise user – ARGUS Certified Users preferred
• Strong understanding of all property types and real estate capital markets
• Ability to self-manage
• High attention to detail and accuracy.
• Excellent written and oral communication skills.
• Strong initiative and creativity.

Other Skills and Abilities:

• Ideal candidates will have a proven history of being self-motivated, highly organized, open communicators who are eager to work in a fast-paced entrepreneurial environment with limited formal structure. This position will have a focus on financial analysis, problem solving, and project management.
• Background in structured finance is preferable but not required.

Triangle Capital is an equal opportunity employer committed to diversity in the workplace.