Director, Acquisitions and Transitions

Core Spaces•Chicago, IL

8d•$135,000 - $145,000

About The Position

The Director of Acquisitions and Transitions will lead the diligence on operational underwriting and execution of acquisitions across the Student Housing and BTR portfolios. This role is also responsible for overseeing all aspects of property transitions into Core Spaces’ operating platform, ensuring a smooth and successful onboarding of newly acquired or managed assets. The ideal candidate has deep real estate investment experience, exceptional project management skills, and the ability to work cross-functionally with internal and external stakeholders.

Requirements

Bachelor’s degree preferred; MBA or related advanced degree is a plus but not required.
Experience, with a focus on acquisitions, 10+ years of property management experience
Experience in transitions of owned or managed assets
Deep knowledge of student housing, BTR, or multifamily real estate markets

Nice To Haves

Strong financial modeling, valuation, and underwriting skills
Excellent project management and cross-functional leadership abilities
Effective communicator with strong presentation and negotiation skills
Experience with Entrata and Yardi Software’s

Responsibilities

Lead end-to-end acquisition efforts, from underwriting through due diligence and closing
Develop and improve the due diligence process and closing process from an operational perspective
Develop operational strategies that align with Core Spaces’ long-term portfolio goals
Collaborate with investments, sales, revenue optimization and operations teams to assess viability of prospective assets
Conduct market analysis and risk assessments for both student housing and BTR sectors
Oversee the full transition process for new and recapitalized assets – integrating into Core’s operating model
Oversee the disposition process for transactions
Coordinate with internal teams across operations, marketing, technology, HR, and accounting to ensure readiness
Develop and implement transition timelines, checklists, and communication plans
Ensure compliance with regulatory, brand, and operational standards during transitions
Evaluate transition performance and apply learnings to improve future processes
Lead cross-functional transition teams, assigning roles and responsibilities to ensure accountability
Provide training and mentorship to transition support staff
Support executive leadership in strategic planning and portfolio alignment
Monitor KPIs and benchmarks to measure acquisition and transition success
Travel will be required as necessary
Perform all other duties and tasks as assigned by management
Must be able to complete all physical requirements of this role with or without a reasonable accommodation

Benefits

A culture that provides you with a sense of belonging
Competitive pay that values your contributions
Incentives designed to reward your achievements
Paid flexible PTO to disconnect or celebrate life milestones
Paid 14+ holidays, including your birthday, to disconnect and celebrate
Paid Parental Leave that begins after 90 days
Paid volunteer time off to give back to your community
Monthly workshop weeks; fewer meetings & more collaboration
Robust health plan options that begin within at least 30 days of your employment
Company-provided cell phone will be provided for business use
Wellness allowance and perks, including a yearly subscription to a meditation app
An environment that provides you a voice to share your perspectives
Employee Assistance Program (EAP) for access to confidential support services
Company retirement options including 401(k) + matching & Roth account option