The Analyst will support acquisition activities within an assigned geographic region, including deal sourcing, underwriting, and transaction execution. The Analyst will also work closely with the Asset Manager to oversee an existing portfolio of multifamily properties within the region and execute property specific asset business plans.
Key Responsibilities:
Acquisitions:
- Establish and develop relationships with brokers and owners to increase deal flow
- Maintain an active pipeline of acquisition opportunities within an assigned region
- Underwrite and present acquisition opportunities internally to HVG team members
- Oversee the due diligence process for new property acquisitions including unit walks, capital scope, asset business plan creation, and market research
- Assist with property closings including communication with seller, title company, and property management
Asset Management:
- Assist in developing and executing property specific asset business plans, overseeing operations and capital expenditures to achieve or exceed established objectives
- Negotiate vendor agreements for onsite capital improvements and manage the projects from inception through completion
- Create, update, and analyze monthly financial monitoring tools
- Evaluate property level cash flow and cash position to recommend quarterly investor distribution amounts for investors
- Oversee the annual operating budget preparation, review, and approval process
- Conduct quarterly site visits to meet with onsite staff, discuss operations, examine property condition, and review recent and upcoming capital work
- Assist in the refinancing or sale of assets
Investor Relations:
- Manage all investor level documents and communication for capital raise on new acquisitions and ongoing property updates to investors
- Draft quarterly reports to investors to detail distribution amounts and property operations
Desired Skills, Experience, and Qualifications:
- 0-2 years of analytical experience; preferably multifamily focused
- Bachelor’s degree in Finance, Accounting, Economics, Real Estate, or other business-related fields
- GPA of 3.5 or higher
- Excellent analytical and quantitative skills
- Exceptional attention to detail
- Salary range: $62,000
- Bonus Potential up to 15% (maximum total comp of $71,300)
- Equity ownership in new acquisitions (after 6 months of employment)
- Competitive 401(k) match
- Health, dental, and disability insurance
Acquisitions / Asset Management Career Path:
Level 1- Intern
Level 2- Analyst
Level 3- Senior Analyst
Level 4- Associate
Level 5- Senior Associate
Level 6- Asset Manager
Level 7- Senior Asset Manager
Level 8- Director of Acquisitions and Asset Management