Multifamily Real Estate Acquisitions Analyst

About the Firm:

Since 1990 Bridge Partners has provided quality homes to tenants and attractive returns to its investors.  Bridge Partners is a real estate private equity firm with a 30+ year history of applying an entrepreneurial approach to identify unique business plans and make compelling multifamily investments.  Bridge Partners has successfully executed those plans across various disciplines and multifamily product types: from highly distressed older properties to newly constructed Class A communities, from performing to non-performing debt, and from controlling partnership interests to fee simple interests in conventional multifamily, student, and affordable housing.  

 

Bridge Partners’ current portfolio consists of 7,000 units in 11 states valued over $1.5B. In the last decade, Bridge Partners has made 47 acquisitions valued at over $1.3B and sold 27 assets valued over $500M. 

 

Bridge coinvests with its investors and raises discretionary capital under a fund format from high-net worth individuals, wealth advisors and institutional partners. Since 2015, Bridge Partners has raised $300M in equity and grown its investor base to over 200 investors. 

 

Bridge seeks a motivated, analytically oriented candidate to join its acquisitions team as an analyst. The individual will have the opportunity to join a small and experienced team where they will gain exposure and hands-on experience to all aspects of multifamily real estate investing. Brad Harrington and Luca Mangini joined Bridge Partners in 2007 and since 2022 have led the acquisitions team as co-CIOs. Since Steven Yu joined in 2015, the team has worked closely together to develop new investment strategies, source unique investments, and develop a fund investment business. The team has built a culture based on mutual respect, encouraging diverse viewpoints from each team member and a high level of responsibility.  

 

Bridge Partners is located in Walnut Creek, CA.

 

Responsibilities:
 The analyst will play an active role in the investment process with the opportunity to work directly with a seasoned acquisitions team on all aspects of real estate investing, including acquisitions, financing, fundraising, asset management, capital improvements, repositioning and dispositions. The analyst can look forward to a steep learning curve and expanding responsibilities. The analyst role is typically a 3-year position. Depending on the individual’s strengths and growth, the analyst would have a path to a larger role within the organization. 

 

Primary responsibilities include:
 
 

-          Support acquisitions team with all analytical and transactional aspects of acquiring, asset managing and selling an investment, including underwriting, due diligence, market research, financing, closing and preparing leasing, operating and capital improvement analyses.

-          Prepare varied cash flow models and presentations for underwriting investment opportunities and reporting to the acquisitions team on the viability of potential acquisitions

-          Interface with operating partners, including lenders, third party management agents, service providers and the brokerage community.

-          Participate in investment committee discussions regarding potential acquisitions.

-          Drive analytical review of acquisition process, deal pipeline report, and underwriting assumptions for acquisition strategy sessions

 
 

Qualifications:

-          2-3 years post undergrad work experience, preferably in real estate or financial analysis 

-          Exceptional analytical and quantitative skills. Experience with private equity structures and waterfalls a plus.

-          Proficiency with financial modeling in Excel. 

-          Be self-motivated, highly organized and ability to manage multiple tasks and meet strict deadlines. 

-          Collaborative team player with the ability to work independently and responsively in a swiftly evolving marketplace and an entrepreneurial environment. 

-          Extremely motivated to learn about the real estate industry with a specific interest in multifamily.

-          Some travel expected (25%)

Send resumes to Luca Mangini at mangini@bridgepartners.com