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Acquisition Analyst

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Holliswood Development, LLC

2021-12-03 08:57:59

Job location New York City, New York, United States

Job type: fulltime

Job industry: Real Estate & Property

Job description

Holliswood Development is seeking an outstanding Acquisition Analyst for immediate hire. Must have experience underwriting and sourcing New York City deals. This professional will work closely with the company's Principal on sourcing, underwriting, due diligence and closing of new equity investments. This is a unique opportunity to join an active boutique real estate development company based on the Upper West Side of Manhattan.

Upon review, candidates who fit our needs will be contacted for a brief phone screening, followed by an in-person interview.



Responsibilities

  • Sourcing deals through our existing network as well as developing other relationships with brokers and sponsors
  • Extensive financial modeling of pro-forma cash flows and investment return analyses
  • Preparation of comprehensive investment summary memorandums and presentations
  • Research and summarize demographic trends and local real estate markets
  • Assume other related responsibilities and special projects as required

Qualifications

  • Bachelor's degree in real estate, finance, accounting, or economics
  • Current Masters in Real Estate student
  • In depth understanding of the New York City real estate market
  • Minimum 3 years work experience with sourcing and underwriting NY City real estate transactions
  • Highly proficient in Excel and Powerpoint

Compensation

85K plus potential bonus for successfully sourced opportunities .


About Holliswood Development

Holliswood Development LLC looks for properties that need work. Whether it's ground-up, or a multi-family, we seek undervalued residential/mix-used assets that can be restored and/or repositioned for optimal value. Holliswood is best known for its 3 year "buy and sell" luxury conversions of multi-unit residential properties into single family mansions and condominiums. In addition, Holliswood also focuses on renovating and repositioning assets with longer hold periods in the affordable luxury market, primarily in emerging neighborhoods. Edifice, LLC is a division of Holliswood that handles the property management of the longer term holdings for all of our partnerships.

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