Associate, Acquisitions

Job Title: Associate, Acquisitions

Location: San Jose

Summary:

The Associate, Acquisitions, under the direction of the Director of Acquisitions, will support the origination and closing of new property transactions for DJM, while also supporting the firms’ on-going asset management responsibilities. The ideal candidate will have experience in real estate financial analysis, research, underwriting, due diligence, and asset management.

Essential functions and responsibilities:

• Support DJM’s acquisition sourcing process to identify prospective new deals.
• Complete analysis of prospective transactions including credit assessment, property valuation, evaluation of rent roll, market rent surveys, etc.
• Assist in the preparation of thorough investment packages.
• Conduct evaluation of market conditions impacting acquisition and disposition opportunities.
• Work closely with internal Asset/Property Management teams to support the due diligence process.
• Research and identify potential new seller relationships to grow team database and company industry exposure.
• Cultivate and maintain relationships with external commercial brokers and prospective property sellers.
• Work closely with internal Asset Management teams on various property initiatives.
• Overtime hours may be required as job duties demand.

Education and experience:

• Bachelor’s degree in finance, real estate, or a related field
• Minimum 2 years of commercial real estate experience preferably in an acquisitions role, or in finance.
• Retail experience required, with exposure in asset management, office, multi-family, and development a plus
• Experience with due diligence, underwriting, disposition analysis, and sale execution
• Relevant certifications (e.g., CFA/CPA/Brokers/CCIM) is a plus
• Active member of ICSC preferred
• Broad broker relationships and acquisitions network

Qualifications and skills desired:

• High-level proficiency in Yardi, Argus, and Excel
• Strong attention to detail; passionate about quality and accuracy.
• Understanding of financial statements and financial analysis used in underwriting.
• Technologically savvy with effective internet research and database management skills.
• Experienced information gathering and information monitoring skills.
• Experience in reading and evaluating property due diligence reports.
• Strong organizational and planning skills.
• Strong verbal and written communication skills along with effective presentation skills.
• Able to prioritize and manage multiple projects, handle frequent changes effectively and professionally and follow through on issues in a timely manner.
• Ability to perform under deadline pressure.
• Ability to work well independently and in a team.
• Self-starter, but not hesitant to ask for direction when needed.
• Solid work ethic and a professional, proactive, and positive approach to work.
• Willing and able to travel when necessary.
• Ability to present financial information to a non-financial audience
• Excellent communication, interpersonal, and presentation skills
• Demonstratable strategic thinking skills
• Strong analytical thinking and problem-solving skills

Physical Requirements:

• This position requires the ability to occasionally lift office products and supplies, up to 20 pounds. Position may also require one to stand and/or walk for up to 8 hours a day.

 Classification:

• This is an exempt position

Status:

• This is a full-time position