About the Role
Our client, a rapidly expanding commercial real estate investment firm, is seeking a driven and experienced Commercial Property Acquisition Specialist to join their team in Welkom, Free State . This role is pivotal in identifying, evaluating, and securing high-potential commercial properties for acquisition. The successful candidate will possess a strong understanding of the commercial real estate market, financial analysis, and deal structuring. You will be responsible for sourcing off-market opportunities, building relationships with brokers and owners, and conducting thorough due diligence to ensure profitable investments. This is an exciting opportunity to play a key role in the growth of our client's portfolio in the Free State region. We are looking for a proactive and results-oriented individual with excellent negotiation skills and a keen eye for value. Your expertise will be instrumental in expanding our client's footprint in Welkom and identifying strategic acquisitions that align with the company's investment objectives. The role demands a thorough understanding of commercial property types, including retail, office, and industrial assets, and the ability to assess their investment viability in the current market. You will be the primary point of contact for potential sellers and their representatives, ensuring a smooth and efficient acquisition process.
Key Responsibilities
- Source and identify potential commercial property acquisition opportunities through various channels, including broker relationships, networking, and market research.
- Conduct preliminary financial analysis and feasibility studies for potential acquisitions.
- Build and maintain strong relationships with commercial real estate brokers, property owners, and other industry professionals.
- Perform comprehensive due diligence on target properties, including physical inspections, environmental assessments, and title reviews.
- Analyze market data, comparable sales, and rental rates to determine property valuations.
- Negotiate purchase agreements, terms, and conditions with sellers and their representatives.
- Collaborate with internal legal and finance teams to facilitate the closing process.
- Prepare detailed acquisition reports and presentations for senior management.
- Stay informed about market trends, economic conditions, and regulatory changes impacting commercial real estate.
- Manage a pipeline of potential deals and track progress towards acquisition goals.
Requirements
- Minimum of 4-6 years of experience in commercial real estate acquisitions, brokerage, or investment analysis.
- Proven track record of successfully sourcing and closing commercial property deals.
- Strong understanding of commercial property types (office, retail, industrial, multifamily).
- Excellent financial modeling, valuation, and market analysis skills.
- Proficiency in Microsoft Excel, PowerPoint, and familiarity with real estate databases (e.g., CoStar, Property REIT).
- Exceptional negotiation, communication, and interpersonal skills.
- Ability to build and maintain strong relationships within the real estate industry.
- Bachelor's degree in Finance, Economics, Real Estate, Business Administration, or a related field.
- Experience with contract negotiation and due diligence processes.
- Must be self-motivated, detail-oriented, and able to manage multiple priorities in the Welkom market.
Benefits
- Competitive base salary plus uncapped commission potential.
- Comprehensive health, dental, and vision insurance.
- Retirement savings plan with company match.
- Professional development opportunities and industry training.
- Generous paid time off and holidays.
- Opportunity to work with a dynamic and growing investment firm in Welkom .
- Travel expenses covered for property site visits.
- Performance bonuses and potential for equity in deals.
- A collaborative team environment in the heart of the Free State .
- Regular team events and networking opportunities.