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Director of Multifamily Acquisitions - Menomonee Falls Wisconsin
Company: Continental Properties Location: Menomonee Falls, Wisconsin
Posted On: 04/19/2024
Description is looking for a Director of Multifamily Acquisitions to join our team. As the Director of Multifamily Acquisitions, you are responsible for the identification of, and securing approval for a developer of market rate, attainable, and build to rent communities. You will lead a multi-disciplined project team through our project lifecycle from site identification, due diligence, entitlement, permitting and construction. You will report to the Vice President of Acquisitions Leader. Essential Responsibilities: - Evaluate regional and local market fundamentals to identify target submarkets
- Create clear market strategies for each target marker; develop an understanding of each market and become a local expert
- Evaluate sites based on Continental's site selection criteria and complete financial analysis to determine viability and profitability of potential sites
- Develop and maintain relationships with landowners including negotiating all business points for the site acquisition
- Complete risk/reward analysis; identification of critical path
- Understand the pro-forma including total project costs, revenue projections, cash flows and how each variable effects return
- Present projects to Investment Committee and external partners such as lenders, investors and municipal staff/politicians
- Meet the annual pipeline and groundbreaking goals
Skills for Success: - Bachelors Degree in Real Estate, Finance, or Business required
- Maintain a presence in each market with a deep network of local relationships
- Experience completing a deal from start to finish; existing skills in all transactional areas of development
- Proven track record of success in real estate industry, demonstrated knowledge of what it takes to make a project site successful
- Builds relationships to support team collaboration, understands how to navigate through and anticipate challenges, easily adapts to find thoughtful solutions
What Sets Us Apart: Continental Properties is a great place to work, as evidenced by our consecutive Top Workplace awards. Here are some of the reasons that our team members vote for us as a Top Workplace: |
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