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Acquisition Associate

Salary
Competitive
Employment
Full Time
Work Place
Office
Real Estate Field
Location
Denver
 CO
Postal Code
80202
Country
United States

This job is no longer active.

Description


Acquisition Associate / Jupiter, Florida Location.


 

Prime Group Holdings, with over 175 self-storage facilities located in 26 states, is the largest privately held self-storage owner-operator, focused on acquiring and adding value to a growing portfolio of self-storage facilities located throughout the United States. With a current value of over $2B+ in assets and a growth goal well beyond, we are looking for the best talent. We believe the people in our family are the secret sauce to our success.


The Acquisition Associate is key member of the company’s Acquisition Team and will assist in all aspects of the acquisition process with specific focus on: sourcing and underwriting new self-storage acquisition opportunities, analyzing qualitative and quantitative data to construct an informed “business plan” and assessment of investment merits / risks, conducting financial and other due diligence on acquisitions throughout the closing process. The person holding this position will consistently exercise discretion and independent judgment.

This position is ideal for someone who is driven, passionate, charismatic, detail oriented, a “power user” in Excel and interested in growing their career in the commercial real estate industry.


Responsibilities:

  • Source new self-storage acquisition opportunities throughout the United States.
  • Underwrite new self-storage acquisition opportunities utilizing candidate’s advanced capabilities with Excel.
  • Manage the underwriting queue by prioritizing individual deals in relation to other deals in the queue / additional responsibilities
  • Assess seller / broker provided documentation to ensure that all requisite information has been furnished and validated for each deal
  • Effectively assess viability of new markets / feasibility of new deals within said markets
  • Determine market rates and appropriately adjust proforma rates for each prospective facility
  • Utilize external / internal resources to accurately predict future property taxes, capital expenditures and closing costs
  • Make informed, concise and cogent recommendations on how to best move forward on deals based on price and deal structure given the Company’s investment criteria

 

The Ideal Candidate:

  • 1-4 years of experience in a highly analytical role preferably in the commercial real estate industry or complimentary industry (self-storage experience a plus but not required)
  • “Power user” in Microsoft Excel with the ability to build / improve models
  • Excellent time management, organizational skills and attention to detail
  • Ability to work with employees at all levels within the organization
  • Proficient in MS Office (Excel, Word, Outlook, PowerPoint)
  • Ability to prioritize and meet deadlines in a fast-paced environment
  • Excellent interpersonal and communication (written, verbal / presentation based) skills
  • Ability to adapt to change within a fast-paced environment
  • Possessed self-initiative and embraces continuous improvement work ethic
  • Courteous, collaborative, diplomatic and professional

 

What we offer:

  • Competitive pay + bonus potential 
  • Health, dental, life, vision, short-term disability, long-term disability insurance and 401(k) program with an employer match
  • Paid time off and paid holidays

 

EQUAL OPPORTUNITY EMPLOYER STATEMENT

Prime Group Holdings is an Equal Opportunity Employer and does not discriminate against any employee or applicant for employment because of race, color, sex, age, national origin, religion, sexual orientation, gender identity and/or expression, status as a veteran, and basis of disability or any other federal, state or local protected class.

 

 

Job Sector


 

Experience


2+ to 5 years


This job is no longer active.

Asset / Portfolio Management Retail Denver Full Time CO Acquisitions, Asset Management, Research/Market Analysis Acquisition Associate other