Acquisitions Analyst

Job Description

About the Firm

DH Property Holdings (DHPH) is a Manhattan based real estate investment firm with an extensive track record acquiring underperforming assets in, and around, New York City. Founded and led by Dov Hertz in November of 2016, DHPH has acquired over $600 Million of properties throughout the greater New York area. DHPH is focused on value-add opportunities in all asset classes and specifically focused on last-mile industrial and warehouse logistics assets in the boroughs of New York City. Currently, DHPH is developing approximately Two Million Square Feet of Class A Industrial Facilities in Brooklyn, NY including the first Multi-Story Industrial Building on the East Coast.

About the Opportunity

DHPH is seeking to hire a strong, analyst level candidate to join its team. Responsibilities will include, but are not limited to, underwriting potential acquisitions, assisting with due diligence on transactions and market research. It is essential that the individual is extremely proactive, detail oriented, highly capable of managing multiple roles and project accounts effectively and enjoys working in a team environment. The individual will have a hand in different aspects of the business and will be working closely alongside with senior level management.

The ideal candidate will have  real estate underwriting experience and will work closely with senior management to source, underwrite, and acquire assets across all asset classes including industrial, office and multifamily. The Analyst will have a high degree of exposure to real estate transactions and must be able to think critically from both an owner’s and lender’s perspective.

Responsibilities

Underwriting

• Create and maintain detailed financial analyses to evaluate prospective and existing investments.
• Perform detailed market research on supply/demand fundamentals, economic trends, comparable sales and lease transactions, etc.
• Conduct market assessments, site assessments, zoning assessments, and other due diligence related to site acquisition and development feasibility.
• Prepare investment memoranda and presentation materials.
• Support deal team to negotiate and close acquisitions, refinancing’s and recapitalizations.
• Assist in performing acquisition due diligence, including reviewing leases, contracts, historical operating statements, etc.

Asset Management

• Actively monitor and assist with owned assets.
• Develop and implement asset-specific and portfolio-wide strategies to create stronger efficiencies.
• Seek out and capitalize on opportunities to improve cash flow and reduce expenses through market data and analysis.

Qualifications

• Ideal candidate has 2 years of experience in investment real estate, preferably in NYC.
• Experience working with a New York City real estate owner/developer/investor.
• Bachelor’s degree (BA/BS) from 4-year college or university.
• Superior proficiency in developing financial models utilizing Microsoft Excel 
• Knowledge of Argus a plus.
• Strong verbal and written communication skills.
• Must be organized, detail oriented, analytical, and a self-starter.

Please note this is for a full-time position. Compensation will be commensurate with experience.