Real Estate Private Equity - Acquisitions Associate
VineBrook Homes
2021-12-03 11:30:03
Concord, Massachusetts, United States
Job type: fulltime
Job industry: Real Estate & Property
Job description
Real Estate Private Equity Acquisition Associate
VineBrook Homes is a real estate investment company, focused on acquiring, renovating, leasing and operating single-family homes as rental properties. An early investor and developer of the Single-Family Rental home (SFR) asset class, we commenced operations in late 2007. Our proven, yield-focused investment strategy targets a unique opportunity building a portfolio of "Optimal House" assets. We own or manage over 15,000 SFR assets in 13 states and 20 major Midwest/Heartland/Southeast markets. Additionally, VineBrook Homes is currently undergoing the next major expansion of its strategy, expecting to drive toward 20,000+ Homes.
VineBrook is pleased to offer an exciting opportunity for a Real Estate Private Equity - Acquisition Associate to join our team. To sustain our rapid growth, we need candidates who bring innovative thinking and thrive in a fast-paced working environment. Additionally, qualified candidates will need to be organized, goal-oriented and ambitious. We seek the most talented professionals to help foster a culture of creativity and growth.
This opportunity provides an investment professional a leading role in asset underwriting, investment recommendation, market research and asset management. The selected candidate will be immersed in all aspects of residential real estate investment, in the Single-Family Rental Home (SFRH) sector. Areas include, market intelligence and analysis, asset and portfolio underwriting/diligence, transaction execution, and portfolio management. This position will have a strong emphasis on analytics, financial modeling, investment analysis, operational compliance and market research.
Responsibilities will include, but are not limited to:
- Sourcing, underwriting and analyzing real estate investment opportunities
- Participate in the deployment of capital via acquisition of SFRH assets identified and adhering to investment guidelines and underwriting standards
- Perform in-depth industry and market research
- Assist with and perform property level financial models and/or underwriting related to acquisition through stabilization
- Evaluate unit or portfolio acquisition opportunities
- Perform compliance work on deployment execution
- Track macroeconomic and market specific performance indicators within our existing and potential markets
- Assist in preparation of materials and presentations to the investment committee, current and/or potential investors or lenders.
- Assist partners with time-sensitive, ad-hoc projects and other duties as assigned.
Qualifications:
Education:
- Completed bachelor's degree with focus in Finance, Real Estate, or Business Management. Advanced degrees or certifications a plus but not required (MBA, JD, CFA)
Experience:
- The ideal candidate will have 7+ years of relevant experience as an analyst in an investment, securities trading, finance, private equity, corporate finance or real estate related role.
- Examples such as but not limited to; Private Equity or Hedge Fund Investment Analyst; Trader or Research Analyst at securities dealer; Real Estate Investment Banking or Mortgage Sales/Underwriting Associate or Vice President
- SFR investment experience is a plus but not required.
Skills:
- High degree of proficiency with Excel and an ability to create in-depth financial analyses via modeling.
- Proficient with all Microsoft Office applications including Word and PowerPoint
- Strong grasp of financial principles and concepts critical to SFRH underwriting (NOI, cap rates, IRR, NPV, ROI, ROC, Yield, Reversion Analysis)
- Ability to rapidly analyze qualitative and quantitative information and accurately articulate conclusions and recommendations
- Highly developed verbal and written communication
- Strong judgement and decision-making
- Outstanding interpersonal skills; team-oriented
- Comfort and familiarity with corporate finance and accounting
- Entrepreneurial spirit to help expand business
- Strong compliance and ethics
This position affords a path of rapid growth in an expanding, well-capitalized company with direct access to firm Principals and Founders.
Additional Information/Benefits
We offer industry competitive wages and benefits. Comprehensive training is offered to all employees. Each employee must pass a national background check and full panel drug screening.
Other Duties
Please note this job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee for this job. Duties, responsibilities, and activities may change at any time with or without notice.
We are an equal opportunity employer. Qualified applicants shall be considered for all positions without regard to race, color, sex, religion, national origin, age, disability, veteran status, or any other status protected by federal, state or local law. We are also a Drug Free Work Place. Qualified applicants will also be required to pass a drug screening before receiving an offer or beginning employment. Refusal to submit to testing will result in disqualification of further employment consideration.