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Acquisition Associate

Salary
Competitive
Employment
Full Time
Work Place
Office
Real Estate Field
Location
Beverly Hills
 CA
Postal Code
90210
Country
United States

This job is no longer active.

Description


About Ascenda Capital

Ascenda Capital is a privately held real estate investment and development firm based in Beverly Hills. Ascenda specializes in the strategic acquisition and development of multifamily assets nationwide. The firm currently owns & operates approximately 7,000 units of multifamily throughout the U.S. and successfully acquired over $1.5BN of multifamily since its inception in 2018.

Ascenda is active in acquiring and developing both market-rate, workforce housing, and multifamily properties. We concentrate on markets positioned for long-term growth as determined by factors such as job creation, economic stability, and high occupancy rates. We are a rapidly expanding company seeking an experienced Acquisitions Associate to help grow the firm’s acquisitions platform.

This opening is for a full-time position.  Base Salary + Bonuses.  Based on performance, there is significant room for growth in the company.

About this Job

Job Responsibilities

  • Create and maintain relationships with investment sales brokers
  • Source development and acquisition opportunities through canvassing properties and contacting owners
  • Underwriting and financial analysis
  • Proforma budget modeling, evaluating cash on cash yields, IRR, equity multiples, ROI’s, and GP/LP waterfalls
  • Create investment memorandums and presentation
  • Assist in the due diligence process and closing of transactions
  • Organization of leads/principal documents
  • Maintain detailed records of phone calls and emails
  • Support and help the business grow
  • Assist with special projects as needed

 

Job Requirements

Note: ONLY Southern California Applicants will be considered. This is an in-office position.

  • Must have uncompromised determination and a passion for success
  • Excellent oral and written communication skills
  • Professionalism – in appearance, actions, and communications
  • Entrepreneurial spirit - Ambitious, self-starter, team-player, etc.
  • Strong financial and analytical skills; strong reasoning abilities with high attention to detail
  • Strong Work Ethic
  • Organized, efficient, and detail-oriented
  • Proficiency in Microsoft Office (Excel, Outlook, Word)

 

 

Job Sector


 

Experience


Not Specified


This job is no longer active.

Acquisitions Residential Beverly Hills Full Time CA Acquisitions, Financial Analysis, Transaction Analyst, Real Estate Acquisition & Originations other