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Acquisitions Manager

Bisnow

Industrial Retail Land

Austin, TX

Salary Estimate: $125,000.00 - $149,999.00

Employment Type: Full Time

Work Place: Office

Experience Required: 5+ to 7 years

Education Required: 4 Year College

Job Description

Our SelectLeader's client is a commercial real estate development and investment company headquartered in Austin, Texas. Their investment and development process centers on high growth submarkets in the path of progress. These investment opportunities – difficult to identify without strong local knowledge – provide unmatched value and attractive pricing to their equity investors. The team’s CRE expertise spans the full spectrum from deal origination to development and commercial brokerage, giving them a critical edge in the competitive marketplace.

This role will report directly to the firm's Founders. This position provides an exciting opportunity to collaborate with the Real Estate Investment and Development teams to develop and execute strategic, data driven real estate decisions that optimize their commercial real estate portfolio. You will join a growing firm that is poised to take advantage of the exceptional economic and population growth across Texas. This position offers a flexible schedule, and can require long hours.

Job Responsibilities

Support the Partners and Associates in their day-to-day work, which shall encompass financial, diligence and administrative responsibilities.
Manage third party Property Managers and Leasing Agents to maximize value of industrial, retail and office portfolio
Monitor and analyze asset performance by identifying opportunities and risks, and then executing plan to optimize performance
Develop financial reporting with property management team to share with investors and lenders
Prepare annual Property budgets and forecasts for investments, along with annual CAM reconciliations with third party vendors
Drive lease negotiations and renewals to maximize occupancy percentage, Net Operating Income and cash flow
Provide regular timely reporting and communication to internal and external stakeholders
Support acquisition and disposition initiatives, including diligence, financing and closing

Qualifications

Undergraduate degree in a real estate, finance, accounting, economics or related field
5+ years of acquisitions experience (Retail, office, industrial or land)
1+ years of experience in commercial real estate asset management
Must have experience in non-residential assets including industrial, retail and office property
Strong financial and analytical skills including proficiency in Excel and Argus
Ability to prioritize tasks and meet deadlines in a fast-paced high-growth environment
Strong analytical, organizational, and communication skills
Preferred - Experience working for a real estate fund

Benefits Overview