Senior Acquisitions Analyst

POSITION SUMMARY

Elmington is comprised of multiple locations and lines of business that are operated as their own living, breathing corporation. The Senior Acquisitions Analyst/Associate at Elmington Residential is a key member of the acquisitions deal team and contributes to the execution of all acquisition projects. The candidate will primarily focus on underwriting new opportunities, performing financial analysis, leading due diligence tasks, coordinating with third-party vendors, preparing internal and external investor presentations and performing market research. The responsibilities will also include ongoing asset management tasks, such as property level financial statement review, variance analysis, budget review, and financial modeling updates. The candidate will be responsible for and gain exposure to the complete acquisitions process including underwriting, financing, operations, and dispositions. The position will have daily exposure to the Elmington executive team, senior team members, large financial institutions, investment sales brokerage firms, private equity firms, and other key external stakeholders. The candidate will have the opportunity to join a small, entrepreneurial team, work directly with senior management, and gain exposure to a wide variety of residential real estate transactions nationwide.

ESSENTIAL JOB FUNCTIONS

• Perform complex real estate financial analysis using Microsoft Excel, including IRR, NPV, JV Waterfall, sources & uses, and sensitivity analyses.
• Prepare equity and lender financing presentations and Investment Committee presentations.
• Lead all due diligence and closing processes coordinating with third party vendors, equity partners and lenders to make sure all necessary due diligence is complete.
• Research new acquisition initiatives and track investment sales activity and trends.
• Research multifamily/BTR dynamics in target markets. Track local supply/demand, comparable properties, competitive landscape, market rents, and other local dynamics.
• Perform market, economic and demographic research to evaluate markets and strategies for existing or potential investments.
• Aid in the deal selection process and make recommendations to senior team members.
• Manage owner/broker relationships and track key contract dates to ensure compliance.
• Develop and maintain strategic relationships with capital providers, brokers, developers, property owners, city staff, and other key stakeholders.
• Perform all other duties as assigned.

Specific Education or Experience

• Bachelor's degree required with a concentration in real estate, finance, business, engineering, or accounting.
• Master's degree preferred but not required.
• 3-5 years' experience in commercial real estate, investment banking, private equity, or management consulting is required.

Physical Demands and Work Environment

• Frequently sit, stand and walk.
• Regularly required to talk or hear.
• Frequently required to use hands or fingers to handle or feel objects, tools or controls.
• Occasionally required to climb or balance, stoop, kneel, crouch or crawl.
• Occasionally lift and/or move up to 25 pounds.
• Vision abilities to include close vision, distance vision, peripheral vision and the ability to adjust focus.
• The noise level in the work environment is usually moderate.
• The temperature in the workplace is typically moderate, though the ability to withstand seasonal cold and heat of the outdoors is necessary.

Travel Requirements

• Minimal travel required.

The OneElmington Experience

We're creating a different kind of company at OneElmington. We promise we will never be ordinary, which we hope you can see by this job description. There will be many days you simply aren't comfortable. You will be pushed to accomplish more than you ever thought possible. You will be challenged by your team leader and your peers to achieve more and to find better ways. With that said, we know OneElmington is not for everyone. BUT, if you believe in yourself, enjoy a challenge and appreciate working with exceptional people, then OneElmington could very well be the last company you ever work for.

Equal Opportunity Employer

We are an equal opportunity employer that is committed to diversity and inclusion in the workplace. We prohibit discrimination and harassment of any kind based on race, color, sex, religion, sexual orientation, national origin, disability, genetic information, pregnancy, or any other protected characteristic as outlined by federal, state, or local laws. This policy applies to all employment practices within our organization, including hiring, recruiting, promotion, termination, layoff, recall, leave of absence, compensation, benefits, training, and apprenticeship. OneElmington makes hiring decisions based solely on qualifications, merit, and business needs at the time.

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