Acquisition Analyst

Prime Group Holdings • Denver, PA

1d • Onsite

About The Position

Prime Group Holdings, LLC, a vertically-integrated private equity real estate firm focused on self storage and other alternative real estate asset classes, has an exciting opportunity for a talented Acquisition Analyst to join its team. With $6.6 billion in assets under management, Prime Group is one of the largest private owners and operators of self-storage properties in the world, owning and operating over 310 self-storage assets in 28 states, two Canadian provinces and the U.S. Virgin Islands containing over 23 million rentable square feet. The firm manages three flagship funds on behalf of a global investor base, including the largest self-storage dedicated fund ever raised, Prime Storage Fund III. Headquartered in Saratoga Springs, NY, Prime Group has more than 700 employees with offices in Jupiter, FL, Denver, CO and Hackensack, NJ. The Acquisition Analyst is key member of the company’s Acquisition Team and will assist in all aspects of the acquisition process with specific focus on: 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.

Requirements

• 1-3 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

Nice To Haves

• self-storage experience a plus but not required

Responsibilities

• 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

Benefits

• Competitive pay
• Health, dental, life, vision, short-term disability and long-term disability insurance
• A 401(k) program with a company “matching” policy
• Paid time off and paid holidays
• Career advancement opportunities

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: No Education Listed