Acquisitions and Development Associate

Role Overview: Finding excellent real estate acquisitions and development opportunities in today's market is extremely challenging. If you have acquisition and development skills, are ready to put them to work, and would thrive in an entrepreneurial environment, this role is for you.

Outpost has ambitious growth plans which means a high volume of quality reps for you. We are well-capitalized in a rapidly growing asset class with substantially favorable capital market tailwinds. We are searching for high-performing real estate professionals who are hungry to learn and capable of executing a range of responsibilities to support our real estate acquisitions and development team. This includes all underwriting, due diligence, development, and investor communications.

Individuals who are curious, driven, diligent, and have excellent problem-solving skills will thrive in this role and see a promising opportunity for rapid growth within this platform.

You're an ideal fit if you're:
• Hungry to become a meaningful contributor on a relatively small team with a high volume of deal flow.
• Curious to learn and develop deep knowledge of industrial outdoor storage and truck terminals, a vastly undersupplied asset class, alongside a best-in-class operator.
• Excited to partner with large institutional investors with a long track record of successful investments across asset classes.
• Someone who maintains incredibly high standards of achievement and work quality and likes to be surrounded by similar people.
• Analytical and personable and you know when to engage each.
• A thinker and doer. You are not afraid of a challenge or demanding work.
• Enthusiastic when you are counted on for timely, reliable, and thoughtful work.
• Eager to work in-office alongside other driven and skilled real estate professionals.
• Excellent with interpersonal skills and able to build authentic professional connections.
• Successful in a fast-paced and loosely structured workplace.
• Outstanding with written and verbal communication.

Skills and prior experiences that will lead to success in this role:
• Full-cycle land acquisition and development experience. This includes underwriting, due diligence, entitlements, contract negotiation, title analysis, third-party report management, consultant oversight, and construction financing.
• Experience purchasing listed properties. This includes utilizing the skills above in addition to broker relationship development/management, lease analysis, financial due diligence, and permanent financing.
• Preparing investment memos, offering memoranda, or similar deal-specific analytical materials.
• Building financial models in Excel for developments, individual property acquisitions, or multi-property portfolios. This includes modeling all key valuation assumptions, debt assumptions and partnership waterfalls. The capability to build financial models from scratch is helpful, but reliably auditing and manipulating existing models to meet specific deal demands is equally important.
• Rental and sales comparable analysis. Justifying likely market rents, growth rates, and exit cap rates based on previous and forthcoming activity in the marketplace.
• Geographic market research and analysis. Identifying positive and negative demand trends that will impact market conditions at the property, MSA, and macroeconomic levels.
• Pitching investment opportunities to third-party investors or internal investment committees, including all related memo preparation.
• Experience working in entrepreneurial or institutional real estate firms.

The Acquisitions and Development Associate will:
• Support the real estate team in all underwriting, due diligence, development, and investor communications activities.
• Interface across Outpost’s internal and external functional areas, including executive leadership, external partners, attorneys, brokers, lenders, and other similar parties.
• Prepare investment memos and ancillary reports for presentation to senior management and outside investors.
• Generate, aggregate and synthesize critical market information from third-party reports and first-party research as part of ongoing asset management and growth initiatives.
• Be relied upon to complete timely and accurate analysis regarding critical real estate documents including contracts, financial statements, leases, loans, and other similar transaction documents.

Compensation:
• Top quartile base salary + bonus.
• Access to profit participation as you progress throughout the organization.
• Flexible PTO and traditional company holidays.
• Medical, dental, and disability insurance available.
• Relocation assistance available for exceptional candidates.

Other Important Notes:
• Full-time. Outpost is committed to generating and measuring successful outcomes, not assessing hours on the clock. While each person works differently, the team generally works 50-60 hours per week on average.
• In-person, in-office role in Austin, TX.
• Travel across the US may be required periodically.
• Talent sourcing and evaluation is being completed by CRE Analyst on behalf of Outpost. Final hiring decisions will be made by Outpost.

About Outpost:

We have ambitious growth goals and are just getting started. There are only 0.09 parking spaces for every truck, and more restrictions are passed every day. Fleet managers are hungry to work with professional operators who can scale with their national footprint. Outpost is well-positioned to meet their needs.

Substantial capital has been committed to help scale this platform quickly. In Partnership with Greenpoint Partners, Outpost has already developed or acquired $120m of real estate with plans to deploy an additional $500m in the near term.

Outpost is redefining the industrial outdoor storage and logistics landscape while elevating careers. IOS is a nascent asset class that is rapidly becoming institutionalized. With strong tailwinds and growing investor interest, this is an incredible opportunity. We’re excited to create economic value for our investors and team.

Apply Now:

If this job description resonates with you, then submit your application today. We look forward to getting to know you better.