Real Estate Acquisition and Development Associate

Baco Properties; San Francisco (CA); On-site; USD 70,000 - 90,000; Full time

Benefits offered by this job

Competitive salary with performance-based bonus

401(k) matching

Comprehensive health, dental, and vision insurance

Job summary

Baco Properties in San Francisco is seeking a Real Estate Acquisition and Development Associate to join our team. The ideal candidate will conduct market research, manage financial modeling, and support real estate acquisitions. This role offers a unique opportunity to work within a reputable firm known for its successful track record, alongside a vibrant team.

Competitive salary with perks including 401(k) matching, comprehensive health benefits, and a dynamic work environment.

Qualifications

• 2-3+ years of experience in real estate acquisitions, development, or investment analysis.
• Strong financial modeling and analytical skills required.
• Deep understanding of self-storage or commercial real estate markets a plus.

Responsibilities

• Conduct in-depth market research to identify acquisition opportunities.
• Build and maintain detailed financial models in Excel.
• Support evaluation, underwriting, and structuring of real estate acquisitions.

Skills

Financial modeling

Market research

Analytical skills

Communication

Education

Bachelor’s degree in Finance, Real Estate, Business, or related field

Tools

Microsoft Excel

Job description

About Us

Baco Properties is a well-established and highly respected integrated real estate investment firm with over four decades of proven success as owner and operator of the Security Public Storage portfolio. Headquartered in San Francisco’s dynamic South Beach neighborhood, just steps from Oracle Park, we specialize in the acquisition, development, and management of self-storage facilities and commercial real estate across five states.

As we continue to expand, we’re seeking an ambitious and analytical Real Estate Acquisition and Development Associate to join our growing team. This is an exciting opportunity to play a key role at a company known for its long-standing industry reputation, strong investment track record, and entrepreneurial culture.

In addition to our industry success, we offer an energetic workplace environment, weekly company-catered snacks, and valet parking or public transit right outside our front door. Our office is in the heart of the city’s tech and innovation hub, surrounded by the energy that defines San Francisco.

Position Overview

We’re looking for a results-driven and detail-oriented professional who is passionate about real estate, particularly the fast-growing self-storage sector. You’ll be involved in all aspects of the acquisition and development lifecycle, from market research and financial modeling to due diligence and deal execution.

Key Responsibilities

• Conduct in-depth market research to identify acquisition opportunities based on demographic trends, zoning, transportation, and market demand.
• Build and maintain detailed financial models in Excel to project income statements, cash flows, and balance sheets.
• Support the evaluation, underwriting, and structuring of self-storage and commercial real estate acquisitions.
• Assist in coordinating project management and development activities across active sites.
• Prepare investment presentations and internal memos to support executive and investment committee decisions.
• Manage and maintain due diligence checklists and closing timelines.
• Develop investor reporting, budgets, and capital/debt proposal materials.
• Track and interpret key project data including schedules, budgets, contracts, and financials.
• Proactively source off-market acquisition and development opportunities by identifying high-potential assets and initiating direct outreach to owners, leveraging data-driven strategies and relationship-building to generate investment opportunities.
• Represent the company at industry events and conferences to stay ahead of market trends.

Preferred Skills & Qualifications

• 2-3+ years of experience in real estate acquisitions, development, or investment analysis.
• Bachelor’s degree in Finance, Real Estate, Business, or a related field.
• Proficient in Microsoft Excel; strong financial modeling and analytical skills required.
• Deep understanding of self-storage or commercial real estate markets a plus.
• Exceptional communication skills, both verbal and written.
• High attention to detail and a proactive, solutions-focused mindset.
• Strong interpersonal skills with the ability to work independently and within a team.

Benefits

• Competitive salary with performance-based bonus, and incentive compensation
• 401(k) matching
• Comprehensive health, dental, and vision insurance