Director of Acquisitions

Lyon Living proudly offers competitive benefits and a collaborative work environment.

Benefits

• Medical, Dental, and Vision Plans
• FSA/HSA options
• 401K Matching
• Employee Housing Discounts
• Education Reimbursements
• Employee Referral Bonuses

Pay

Up to $200,000 annually

About the role

The Director of Acquisitions identifies and underwrites multifamily and mixed-use projects. Reporting directly to the Chief Investment Officer (CIO), this role manages the pipeline from initial sourcing through contract execution and due diligence. The ideal candidate possesses deep capital markets relationships, exceptional financial modeling skills, and a proven track record of sourcing both on-market and off-market transactions.

Responsibilities

• Identify, source, and evaluate viable multifamily acquisition opportunities across target primary and secondary markets.
• Build and cultivate strong relationships with brokers, lenders, property owners, equity partners, and municipal authorities to ensure early access to deal flow (specifically off-market opportunities).
• Maintain a robust deal tracking pipeline and provide regular market intelligence and strategic reporting to executive leadership.
• Oversee comprehensive financial modeling and valuation analysis, including cash flow projections, IRR analysis, sensitivity testing, and debt structuring models.
• Lead the due diligence process for target acquisitions, including physical plant inspections, environmental reviews, lease audits, zoning compliance checks, market rent studies, and property management integration plans.
• Collaborate directly with internal property management and capital expenditure/renovation teams to refine post-acquisition property upgrade budgets and operating cost assumptions.
• Draft, negotiate, and execute Letters of Intent (LOIs), Purchase and Sale Agreements (PSAs), joint venture agreements, and loan documents alongside outside legal counsel.
• Lead equity and debt capital placement efforts for deals, preparing high-quality investment committee memoranda and lender pitch packages.
• Manage the transaction process from initial LOI through closing, ensuring seamless transition to asset management and operations teams.

Requirements

• 7+ years of experience in commercial real estate investments or acquisitions, with a primary focus on multifamily properties.
• Bachelor’s degree in Finance, Real Estate, or Economics; graduate degree is highly preferred.
• Proven history of leading closed transaction volume (minimum $500M+ in total deal volume as lead acquisition officer).
• Advanced mastery of Excel real estate financial modeling (waterfall structures, debt/equity sizing, complex IRR calculations).
• Deep understanding of construction cost benchmarks, local building codes, and multifamily demographic drivers.
• Strong understanding of current debt financing options (Agency/Fannie/Freddie, bridge, construction, debt funds) and equity partner dynamics.
• Up to 80% travel required.
• Valid driver’s license or ability to utilize alternative transportation for offsite meetings, property visits, and vendor tasks.