Acquisition Analyst

Prime Group; Denver (CO); On-site; USD 70,000 - 95,000; Full time

Benefits offered by this job

Competitive pay

Health insurance

401(k) matching

Paid time off

Paid holidays

Career advancement

Job summary

Prime Group Holdings is seeking an Acquisition Analyst to support the acquisition team. The role focuses on underwriting self-storage opportunities, analyzing data to build a business plan, and assessing investment merits and risks throughout the closing process.

The ideal candidate is detail oriented, driven, and a power user of Excel, with 1–3 years in a highly analytical role in CRE or related industries. Denver, CO is the onsite location and growth opportunities are strong.

Qualifications

• 1-3 years of analytical experience, preferably CRE or related field.
• Power user in Microsoft Excel with ability to build/improve models.
• Excellent time management, organizational skills and attention to detail.
• Excellent interpersonal and communication skills (written, verbal, presentation).

Responsibilities

• Underwrite new self-storage acquisition opportunities with advanced Excel.
• Manage underwriting queue by prioritizing deals.
• Assess provided seller/broker documentation for completeness and accuracy.
• Evaluate market viability and feasibility of deals in target markets.
• Determine market rates and adjust proforma projections accordingly.
• Forecast property taxes, capex, and closing costs using available data.
• Provide concise, cogent recommendations on deal progression based on investment criteria.

Skills

Power user in Excel

Analytical skills

Time management

Communication skills

Tools

MS Office

Job description

Overview

Prime Group Holdings, LLC, a vertically-integrated private equity real estate firm focused on self storage and other alternative real estate asset classes, has an exciting opportunity for a talented Acquisition Analyst to join its team.

With $6.6 billion in assets under management, Prime Group is one of the largest private owners and operators of self-storage properties in the world, owning and operating over 310 self-storage assets in 28 states, two Canadian provinces and the U.S. Virgin Islands containing over 23 million rentable square feet. The firm manages three flagship funds on behalf of a global investor base, including the largest self-storage dedicated fund ever raised, Prime Storage Fund III.

Headquartered in Saratoga Springs, NY, Prime Group has more than 700 employees with offices in Jupiter, FL, Denver, CO and Hackensack, NJ.

Position Overview

The Acquisition Analyst is key member of the company’s Acquisition Team and will assist in all aspects of the acquisition process with specific focus on: underwriting new self-storage acquisition opportunities, analyzing qualitative and quantitative data to construct an informed "business plan" and assessment of investment merits / risks, conducting financial and other due diligence on acquisitions throughout the closing process. The person holding this position will consistently exercise discretion and independent judgment. This position is ideal for someone who is driven, passionate, charismatic, detail oriented, a "power user" in Excel and interested in growing their career in the commercial real estate industry.

Responsibilities

• Underwrite new self-storage acquisition opportunities utilizing candidate’s advanced capabilities with Excel.
• Manage the underwriting queue by prioritizing individual deals in relation to other deals in the queue / additional responsibilities
• Assess seller / broker provided documentation to ensure that all requisite information has been furnished and validated for each deal
• Effectively assess viability of new markets / feasibility of new deals within said markets
• Determine market rates and appropriately adjust proforma rates for each prospective facility
• Utilize external / internal resources to accurately predict future property taxes, capital expenditures and closing costs
• Make informed, concise and cogent recommendations on how to best move forward on deals based on price and deal structure given the Company’s investment criteria

Qualifications

• 1-3 years of experience in a highly analytical role preferably in the commercial real estate industry or complimentary industry (self-storage experience a plus but not required)
• "Power user" in Microsoft Excel with the ability to build / improve models
• Excellent time management, organizational skills and attention to detail
• Ability to work with employees at all levels within the organization
• Proficient in MS Office (Excel, Word, Outlook, PowerPoint)
• Ability to prioritize and meet deadlines in a fast-paced environment
• Excellent interpersonal and communication (written, verbal / presentation based) skills
• Ability to adapt to change within a fast-paced environment

Benefits

• Competitive pay
• Health, dental, life, vision, short-term disability and long-term disability insurance
• A 401(k) program with a company "matching" policy
• Paid time off and paid holidays
• Career advancement opportunities

EQUAL OPPORTUNITY EMPLOYER STATEMENT

Prime Group Holdings is an Equal Opportunity Employer and does not discriminate against any employee or applicant for employment because of race, color, sex, age, national origin, religion, sexual orientation, gender identity and/or expression, status as a veteran, and basis of disability or any other federal, state or local protected class.

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