Real Estate Development Acquisition Associate (On-site)

Oakmont Senior Living; Irvine (CA); On-site; USD 70,000 - 90,000; Full time

Benefits offered by this job

Competitive base salary

Performance-based bonus opportunity

Comprehensive health, dental, and vision insurance

401(k) with company match

Paid time off and flexible work environment

Professional development opportunities

Job summary

A leading real estate development firm in California seeks a motivated Development and Acquisition Associate to support sourcing and execution of acquisition opportunities in Senior Housing. The ideal candidate will have a Bachelor's degree, experience in commercial real estate, and strong Excel skills. Competitive salary and benefits are offered.

Qualifications

• Two to three years’ experience in a commercial real estate role preferred.
• Interest in real estate acquisitions and development.
• Detail-oriented, self-starter, and team player with strong work ethic.

Responsibilities

• Identify and evaluate acquisition opportunities through broker networks and market research.
• Develop, maintain, and refine financial models for potential acquisitions.
• Coordinate third-party consultants for due diligence and transaction support.
• Collaborate with internal teams to transition acquisitions through development.

Skills

Excel financial modeling

Analytical skills

Organizational skills

Communication skills

Education

Bachelor’s degree

Job description

Real Estate Development Acquisition Associate (On-site required)

Pay range: $70,000- $90,0000 depending on experience

We are seeking a highly motivated and detail-oriented Development and Acquisition Associate to join our real estate development team. The ideal candidate will support the sourcing, underwriting, and execution of new acquisition and development opportunities in Senior Housing, including Assisted Living Memory Care, Independent Living, and Active Adult projects. This role is critical to expanding our pipeline and ensuring successful execution of investment strategies.

Key Responsibilities

• Deal Sourcing & Market Research
  • Identify and evaluate acquisition opportunities through broker networks, direct outreach, and market research
  • Analyze market conditions, demographic trends, and competitive landscapes to inform investment strategy
• Financial Analysis & Underwriting
  • Develop, maintain, and refine detailed financial models and pro formas for potential acquisitions
  • Conduct sensitivity analyses and scenario testing to assess deal risk and return metrics
  • Assist in preparing investment committee presentations and supporting materials
• Due Diligence & Transaction Support
  • Coordinate third‑party consultants (e.g., environmental, engineering, appraisal, title, zoning)
  • Review legal documents, entitlement/zoning approvals, and site‑level diligence materials
  • Support negotiation and execution of LOIs, purchase agreements, and joint venture documents
• Cross‑Functional Collaboration
  • Partner with internal teams (development, finance, legal, and construction) to transition acquisitions through the development lifecycle
  • Provide timely market and deal updates to team members across departments to maintain alignment and transparency

Qualifications

• Two to three years’ experience in a commercial real estate role preferred
• Bachelor’s degree required
• Interest in real estate acquisitions, development and private equity
• Strong proficiency in Excel financial modeling
• Exceptional analytical, organizational, and communication skills
• Ability to excel and stay organized in a fast‑paced environment
• Detail‑oriented, self‑starter, and team player with a strong work ethic
• High ethical standards, sound judgment, and integrity in all professional dealings; committed to transparency and fairness

Compensation & Benefits

• Competitive base salary with performance‑based bonus opportunity
• Comprehensive health, dental, and vision insurance
• 401(k) with company match
• Paid time off, holidays, and flexible work environment
• Professional development opportunities and career growth within a leading real estate development firm

Seniority level

Entry level

Employment type

Full‑time

Job function

Strategy/Planning and Information Technology

Industries

Hospitals and Health Care

O&I Development is an Equal Opportunity Employer.