Acquisitions Director
About the role
The Transactions team at Curbline Properties is seeking an Acquisition Director in the Washington, DC market to source, negotiate, and close convenience retail acquisition opportunities (averaging $10mm-$15mm per investment).
Responsibilities
- Source, negotiate, and close acquisition opportunities sub-$20mm independently
- Reviews financial projections and pricing analyses (utilizing financial metrics such as internal rate of return, return on investment, loan amortization schedules, earnings accretion, etc.) related to the investment using technical software such as Excel and Argus
- Creatively sources off-market acquisitions through relationships with brokers and landlords
- Participates in drafting and review of transaction documents (LOIs, PSAs, etc)
- Contributes daily to the current and future implementation of corporate strategy as it relates to the transactions team
- Takes initiative in deal origination and deal sourcing by establishing industry relationships
- Works actively to identify and recommend new assets
- Participates in the negotiation of business terms of acquisitions
- Leads the transaction process by coordinating with other departments, brokers, and internal/external legal counsel to consummate the investment process
Requirements
We are looking for an experienced dealmaker who is well connected in the retail real estate industry with prior retail real estate financial modeling experience.
Qualifications
The ideal candidate will have exceptional attention to detail and well-developed analytical and problem-solving abilities. Prior analytical and dealmaking experience in the retail real estate industry is preferred. A strong educational background in finance, accounting, or real estate, along with real estate and business financial acumen, is also required.
Skills
Strong communication, negotiation, and presentation skills with a high degree of initiative and independent judgement are essential. A “deal junkie” with a passion for retail real estate transactions and the dealmaking process is highly desirable.
Benefits
This position offers remote work in Washington, DC. Occasional travel to tour assets, attend ICSC Conferences, and visit offices in Beachwood, OH and New York City, NY may be required.
Pay
The expected salary range for this position is between $155,000 - $190,000. Actual compensation will be based on factors such as scope and responsibilities of the position, candidate's work experience, education/training, job-related skills, internal peer equity, geographical and industry market data, and business considerations and other factors permitted by law.
Schedule
The position requires availability for occasional travel to tour assets, attend ICSC Conferences, and visit offices in Beachwood, OH and New York City, NY.