VC Associate @ DIVCOWest in San Francisco, CA

VC Stack; San Francisco (CA); On-site; USD 100,000 - 120,000; Full time

Benefits offered by this job

Annual bonus opportunity

Full benefits

Flexible vacation time off

Weekly lunch stipend

Job summary

VC Stack is seeking an Associate to support the Investment and Development Team in San Francisco. The role involves evaluating transactions, creating investment memorandums, and assisting with due diligence. Candidates should have a strong interest in real estate investment and excellent financial modeling skills.

Compensation ranges from $100,000 to $120,000, with additional benefits like annual bonuses, flexible vacation, and a weekly lunch stipend.

Qualifications

• At least 3 years of relevant experience.
• Broad understanding of partnership structures.
• Exceptional quantitative and analytical skills.

Responsibilities

• Evaluate potential equity, debt, and development opportunities.
• Assist in creating investment memoranda.
• Participate in the valuation process of each asset quarterly.

Skills

Financial modeling skills

Strong skills in Excel

Quantitative and analytical skills

Business writing ability

Communication skills

Understanding of real estate product types

Ability to work independently

Tools

Argus

PowerPoint

Excel

Job description

Founded in 1993, DivcoWest is a multi‑disciplinary real estate investment firm headquartered in San Francisco, with offices in Los Angeles, Menlo Park, Boston, Washington DC, Austin, and New York City. Known for our long‑standing relationships and track record of success in innovation markets, DivcoWest combines entrepreneurial spirit with an institutional approach.

DivcoWest aims to create environments that inspire ingenuity, promote growth, and enhance the health, happiness, and well‑being of all people. A disciplined code of ethics is at the core of all that we do. We believe that the collective energy of a diverse team is what drives our creative ideas and solutions.

Summary

The Associate will provide direct assistance to the various members of the Investment and Development Team in supporting the Acquisitions and Asset Management functions in the following areas: evaluating potential transactions, producing internal and external investment memorandums, developing business plans, assisting in the due diligence process, drafting internal, investor and lender presentations and evaluating the local markets to identify changes and trends and the related impact on real estate values and investment strategies. Additionally, the candidate will be expected to assist in the compilation of white papers on new potential markets to invest in or new product types within markets DivcoWest already invests in.

This role requires 5 days in office at our San Francisco, CA location.

Interested candidates should send their resumes to [e-mail].

Responsibilities

• Evaluate potential equity, debt, and development opportunities and build financial models using Argus Enterprise and Excel.
• Be able to model complex partnership structures and waterfalls.
• Participate in the drafting and implementation of strategic business plans that will govern an asset’s daily operations, position in the market, and ultimate disposition.
• Assist in creating investment memoranda.
• Assist with transaction due diligence responsibilities, which include supporting the acquisitions team to abstract leases, verify underwriting, review historical financials, conduct CAM reconciliations, and review property due diligence reports.
• Assist in acquisition closings process.
• Assist in acquisition financing process.
• Participate in the creation of monthly, quarterly, and annual reporting for investors and senior management.
• Participate in the valuation process of each asset on a quarterly basis, working with analytics team and consultants.
• Provide regular written and oral status reports and ad hoc reports on request.
• Oversee and train investments analysts as well as being able to check analytical work on analysts.
• Deeply understand key investment metrics and be able to pitch deals in a succinct manner.

Qualifications

• At least 3 years of relevant experience.
• Strong financial modeling skills. Broad understanding of real estate product types and partnership structures.
• Strong skills in Excel, Word, Argus, and PowerPoint.
• Ability to effectively work and communicate with team members.
• Exceptional quantitative and analytical skills.
• Exceptional business writing ability.
• A strong interest in real estate investment.
• Self‑managed, able to work well independently and within a small team.
• High level of initiative, strong work ethic and willingness to work across teams.
• Creative and entrepreneurial spirit.

The person in this position must be able:

• Remain in a stationary position for 75% of the time working on a computer and attending virtual meetings.
• Occasionally move about the office to access file cabinets, office technology, and attend meetings etc.

Compensation

• $100,000-$120,000
• Annual bonus opportunity
• Full benefits
• Flexible vacation time off
• Weekly lunch stipend through Forkable

Equal Opportunity & Discrimination Statement

Divco West Services, LLC (“Company”), an equal opportunity employer, is committed to equal opportunity for all employees and applicants. The Company recruits, hires, trains, promotes, pays, and administers all personnel actions without regard to race, color, religion, sex (including pregnancy, childbirth, and medical conditions related to pregnancy, childbirth, or breastfeeding), sex stereotyping (including assumptions about a person’s appearance or behavior, gender roles, gender expression, or gender identity), gender, gender identity, gender expression, national origin, age, mental or physical disability, ancestry, medical condition, marital status, military or veteran status, citizenship status, sexual orientation, genetic information, or any other status protected by applicable law. We interpret these protected statuses broadly to include both the actual status and also any perceptions and assumptions made regarding these statuses. Pursuant to the San Francisco Fair Chance Ordinance, we will consider for employment qualified applicants with arrest and conviction records. Please review our company Privacy Policy regarding the use of any personal information you provide us at: https://www.divcowest.com/privacy-policy/

This policy applies to all areas of employment, including recruitment, testing, screening, hiring, selection for training, upgrading, transfer, demotion, layoff, discipline, termination, compensation, benefits, and all other privileges, terms, and conditions of employment. This policy and the law prohibit employment discrimination against any employee or applicant on the basis of any legally protected status outlined above.