Acquisition Manager

SCOPE:

Reporting to the VP of Asset Management, the Acquisition Manager will be responsible for managing all phases of the acquisition process from initial review through post-closing performance. The ideal candidate will have at least 7 years’ proven experience in a dynamic acquisition’s role.

RESPONSIBILITIES:

Initial Phases

• Lead the underwriting process for potential acquisitions
• Ensure accuracy, consistency, and high-quality of data and information
• Summarize and make recommendations to senior leadership and/or IC
• Assist with broker discussions, negotiations, LOIs and PSAs

Due Diligence

• Lead the inspection and evaluation process
• Coordinate with sellers, third parties, and internal resources
• Validate underwriting assumptions, physical condition, etc.
• Analyze historical and comparable performance and identify value-add opportunities
• Identify and seek to mitigate any risks, e.g., tax exposure, deferred maintenance
• Prepare formal and informal deal updates for senior leadership and/or IC
• Support execution of financing, closing, handover to ops, and post-closing reviews

Prospecting

• Lead outreach to and manage relationships with potential sellers
• Update databases of target properties, contact info, etc.
• Complete market analytics, including travel to see sites and meet potential sellers

Other

• Help refine models, checklists, and other tools used in all processes
• Foster collaborative interdepartmental relationships
• Ensure business plans are well-documented and analyze post-closing performance
• Train, manage, and mentor analyst/associate roles
• Other ad hoc