Associate, Acquisitions and Development

Lincoln Property Company; Salt Lake City (UT); On-site; USD 90,000 - 130,000; Full time

Job summary

Lincoln Property Company in Salt Lake City is seeking an Associate in Acquisitions and Development to support sourcing, underwriting, and due diligence for acquisition and development opportunities. You will build sophisticated financial models, refine investment analyses, and contribute to investment recommendations through to closing.

The role requires 2–4 years in relevant CRE fields, strong Excel/Argus skills, and the ability to manage multiple due diligence workstreams while communicating

Qualifications

• Bachelor’s degree in Real Estate, Finance, Business or related field. MBA or MRED is a plus.
• 2–4 years of experience in commercial real estate acquisitions, development, investment banking, or related transactional experience.
• Advanced financial modeling skills with Excel and Argus; strong understanding of IRR, equity multiple, cap rate, and yield on cost.

Responsibilities

• Source and evaluate acquisition and development opportunities with senior team members and market brokers.
• Build and refine financial models to underwrite acquisitions, development projects, and dispositions.
• Prepare investment committee memoranda, market studies, and presentation materials.
• Manage due diligence workstreams including third‑party consultants and entitlement review.
• Analyze zoning, land use regulations, and development feasibility.
• Monitor market trends and comparable transactions to inform deal strategy and pricing.
• Support negotiation and documentation of LOIs, purchase and development agreements.
• Mentor Analysts on modeling and due diligence processes.

Skills

Financial modeling

Investment metrics

Communication skills

Project management

Real estate analysis

Education

Bachelor's degree in Real Estate, Finance, Business

MBA or MRED preferred

Tools

Excel

Argus

Job description

The Associate, Acquisitions and Development conducts market research, underwriting, and due diligence to support the sourcing, evaluation, and execution of acquisition and development opportunities within assigned markets. This role builds and refines financial models, contributes to investment recommendations, and supports transaction execution from initial screening through closing.

Essential Duties and Responsibilities

• Source and evaluate potential acquisition and development opportunities in partnership with senior team members and market brokers.
• Build and refine complex financial models to underwrite acquisitions, development projects, and disposition scenarios.
• Prepare investment committee memoranda, market studies, and presentation materials supporting go or no-go decisions.
• Manage due diligence workstreams, including coordination of third-party consultants, title, survey, environmental, and entitlement review.
• Analyze zoning, land use regulations, and entitlement requirements to assess development feasibility.
• Monitor market trends, competitive projects, and comparable transactions to inform deal strategy and pricing.
• Support negotiation and documentation of letters of intent, purchase agreements, and development agreements.
• Mentor Analysts on modeling, research methods, and due diligence processes.
• Perform other duties and responsibilities as assigned.

Qualifications

• Bachelor's degree in Real Estate , Finance, Business, or related field required; MBA or MRED a plus.
• 2-4 years of experience in commercial real estate acquisitions, development, investment banking, or related transactional experience.
• Advanced financial modeling skills, including proficiency in Excel and Argus; strong understanding of investment return metrics such as IRR, equity multiple, cap rate, and yield on cost.
• Working knowledge of entitlement, zoning, and development processes.
• Strong project management skills with the ability to manage multiple due diligence workstreams simultaneously.
• Effective written and verbal communication skills; ability to present analysis to senior leadership.
• Applicants must be currently authorized to work in the United States without the need for visa sponsorship now or in the future.

Physical Requirements

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed above are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

This role involves standard office work with the ability to use a computer for extended periods. Travel to properties, development sites, and market meetings is required.

Why Lincoln?

At LPC you will be supported by a national firm where an entrepreneurial mindset is encouraged. You will be encouraged to explore your potential through training programs, mentorship, exciting work, fast-paced assignments, and an environment of constant learning and dedication to results. Our benefits package includes medical, dental, and vision insurance, 401(k), and paid time off.

About Lincoln Property Company

Lincoln Property Company (“Lincoln”) is one of the largest private real estate firms in the United States. Offering a fully integrated platform of real estate services and innovative solutions to owners, investors, lenders and occupiers, Lincoln supports the entire real estate lifecycle across asset types, including office, multifamily, life science, retail, industrial, data center, production studio, healthcare, government, universities, sports and entertainment, and mixed-use properties, throughout the United States, the United Kingdom, and Europe. Lincoln’s combined management and leasing portfolio on behalf of institutional clients includes more than 720 million square feet of commercial space.

Lincoln Property Company offers eligible employees a comprehensive benefits package that may include:

• Medical insurance
• Vision insurance
• Company-Paid Life insurance
• Company-Paid Long Term Disability
• 401(k) retirement savings plan, Traditional and Roth, with applicable eligibility requirements
• Flexible Time Off (FTO) or vacation benefits, depending on position classification
• Paid sick leave and other legally required leave programs
• Employee assistance and wellness programs where available
• Company-paid holidays
• Additional voluntary benefit offerings that may vary by location and position

Benefit eligibility, coverage levels, waiting periods, and plan provisions are governed by the applicable plan documents and Company policies and may be modified from time to time at the Company's discretion.

Healthcare Benefits Notice: Eligible employees may participate in Company-sponsored medical, dental, and vision benefit plans. Additional details regarding available healthcare benefits will be provided during the hiring process and upon employment eligibility.

Equal Employment Opportunity

- Lincoln Property Company is an Equal Opportunity Employer. Employment decisions are based on merit, qualifications, and business needs. Lincoln does not discriminate against applicants or employees on the basis of race, color, religion, creed, sex, gender, pregnancy, childbirth or related medical conditions, sexual orientation, gender identity or expression, national origin, ancestry, citizenship status, age, disability, genetic information, marital status, military or veteran status, reproductive health decision-making, or any other status protected by federal, state, or local law. Applicants and employees may raise concerns regarding discrimination, harassment, accommodation, or retaliation without fear of reprisal.

Compensation

Lincoln Property Company is committed to pay transparency and equitable compensation practices. The salary or hourly pay range for this position has been established based on market data, job responsibilities, internal equity, geographic location, experience, education, certifications, and other job-related factors. Actual compensation may vary within the posted range based on these considerations. Certain positions may also be eligible for discretionary bonuses, incentives, commissions, or other forms of compensation where applicable.

Reasonable Accommodation

Lincoln Property Company is committed to providing reasonable accommodations for qualified individuals with disabilities throughout the application, interview, and employment process. If you require an accommodation to participate in the job application or interview process, or to perform the essential functions of a role, please contact Human Resources at [e-mail]. Requests for accommodation will be treated confidentially to the extent permitted by law.

Work Authorization/ E-Verify

Lincoln Property Company participates in E-Verify. All offers of employment are contingent upon the candidate providing valid authorization to work in the United States. Lincoln Property Company does not sponsor employment visas, including H-1B, for this position at this time.

Background Check

Employment offers are contingent upon the successful completion of a background investigation, which may include verification of prior employment, education, criminal history, and other checks as permitted by applicable federal, state, and local law. The nature and scope of background checks may vary by role and location. Certain roles may require additional screening based on duties (driving history (MVR), financial background check, etc.).

Health and Safety

Lincoln Property Company is committed to maintaining a safe and healthy work environment in compliance with all applicable federal, state, and local occupational health and safety regulations, including OSHA requirements. Certain roles may have specific health, safety, or physical requirements that will be communicated during the hiring process. Employees may be required to wear personal protective equipment (PPE) or comply with site-specific safety protocols depending on the nature of their assignment.