Acquisitions Associate

Acquisitions Associate
DBSI-Discovery Real Estate Services (DDRS) is a nationwide buyer of investment grade commercial properties. We are currently recruiting for a Acquisitions Associate to join our group in our new Atlanta office. This function, while involved in the analysis and underwriting, begins spending more time in local markets beginning to develop relationships that will produce deals. This role is expected to develop into an acquisition professional with subsequent advancement in the acquisition arena. Works under the guidance of a Senior Director and VP - Region. Compensation is a competitive base and bonus. While main objective is developing relationship this position will also be involved in the analysis and underwriting of real estate investments. This is a vital role in the acquisition process. The role works closely with the acquisitions function in all aspects of analysis, due diligence, pricing, structuring of investments, and providing input as a check and balance.With a highly competitive compensation and benefits plan and the opportunity to work in a ground-breaking industry.Responsibilities:
• Travel regularly to assigned markets to develop relationships in those local markets to generate new investments.
• On selected deals begin managing the due diligence process.
• Presents to Investment Committee in selected situations.
• Prepares investment recommendations and executive summaries.
• Assist acquisitions in the evaluation of potential opportunities.
• Perform financial analysis of prospective investment opportunities.
• Help shape underwriting assumptions.
• Produce property level cash flows and proformas.
• Prepare necessary financial information in support of acquisitions.
o Produce/Direct all lease reviews and lease abstracts.
o Conduct market analysis on new investments.
o Coordinates efforts with various external consultants to assess the condition of buildings.
o Produce Cap Ex budgets for the cash flow projections.
o Assist in property inspections
o Meet with local agencies gathering necessary DD information.
o Work with acquisitions to assemble and collect DD materials at the market and the property level.
• Assist in preparation of investment binders for the Investment Committee or for investors.
• Maintain broker and market contacts. Stay informed on assigned markets.
• Produce competitive market reports related to specific transactions.
• Prepare reports as requested or required.
We are proud to have created an adaptive, resilient, solutions-oriented business environment that offers employees the opportunity to grow and be challenged. Our corporate environment encourages loyalty and longevity. By promoting and rewarding creativity and entrepreneurial thinking, we have nurtured a culture that attracts and retains a talented team of dedicated employees.
REQUIREMENTS
Requirements: Qualifications/Skills:
• Bachelor’s Degree required, but a Masters in Real Estate or MBA a plus.
5+ years of private or institutional real estate analytical experience.
• Outgoing personality. Comfortable operating in new environments.
• Can work independently
• Should be excited by doing deals.
• Exceptionally strong real estate quantitative and analytical
skills.
• Detail oriented.
• Well organized
• Ability to multi-task, yet prioritize work flow.
• Ability to see ways in which deals can be done within the company investment parameters. Understand the acquisition process and that the goal is to find qualified investments.
• Good understanding of the broader real estate market and the issues that impact valuations and returns.
• In depth knowledge of the markets in which he/she is underwriting investments. Be well versed as to rental rates, vacancies, trends, events, etc. that will shape the underwriting parameters.
• Developed interpersonal, verbal, written, and presentation skills.
• Team player with an ability to thrive in a fast-paced, entrepreneurial environment
• Proficient in Argus, Excel, Word, and PowerPoint.
• Ability to effectively handle third party contacts in a professional manner.
• Ability to work with people at all levels.
• Ability to persuasively present issues to all levels of management.
DDRS is proud to be an Equal Opportunity Employer. You will be considered for this position based upon your communication skills, experience and education, without regard to race, color, religion, sex, national origin, age, sexual orientation, ancestry or marital, disabled or veteran status. We are committed to creating and maintaining a workforce environment that is free from any form of discriminations or harassment. To see other exciting career opportunities please visit www.ddrs.net.