My client hiring a Real Estate Acquisitions Associate in Houston, TX, to source, underwrite and close new investments for their Texas platform. The role works directly with the Acquisitions leadership team and has real ownership of deals from first look through closing.
Responsibilities:
- Source deals: Build and maintain relationships with brokers, owners, lenders and capital partners to generate on- and off-market opportunities across Houston and Texas.
- Underwrite: Build and maintain acquisition models (cash flow, returns, sensitivities); evaluate rent, expense, capital and exit assumptions.
- Analyze markets: Research submarkets, comparable sales and leases, supply pipelines and demographic trends to support each recommendation.
- Present: Prepare investment memos and Investment Committee materials, and present findings and recommendations to senior leadership.
- Diligence: Coordinate third-party reports (appraisal, environmental, property condition, survey, title) and manage the diligence timeline.
- Negotiate and close: Support LOIs, purchase agreements and financing, working with legal counsel, lenders and equity partners through closing.
- Hand off: Transition closed assets to asset management and property management with a clear business plan.
- Maintain pipeline: Track deal flow and market activity in the CRM and report on pipeline status weekly.
Qualifications:
- Bachelor's degree in finance, real estate, economics or a related field
- 2–5 years of experience in real estate acquisitions, investment banking, brokerage, development or a related underwriting role
- Advanced Excel and financial modeling skills, including DCF, IRR, equity multiple and waterfall analysis
- Strong written and verbal communication; able to present to senior leadership
- Detail-oriented, self-directed and comfortable managing several deals at once
- Based in or willing to relocate to Houston, TX
- Experience in the Houston or Texas market
- Familiarity with ARGUS, CoStar, Yardi Matrix or similar tools
- Master's degree, CFA, CCIM or similar credential
- Existing relationships with Texas brokers, owners and lenders