Director of Multifamily Acquisitions
Continental Properties•Menomonee Falls, WI
•Hybrid
About The Position
Continental Properties is looking for a Director of Multifamily Acquisitions to join our team specifically in Milwaukee, Chicago, or Madison. 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.
Requirements
- Bachelors Degree in Real Estate, Finance, or Business required
- Minimum 7 years of relevant experience, including leading and mentoring teams
- 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
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
Benefits
- Career Growth opportunities
- Paid professional memberships
- Certifications
- Tuition reimbursement
- Comprehensive mental health support
- 8 free counseling sessions per year
- Access to additional wellness resources
- Generous vacation time
- 9 paid holidays
- Half-days on Fridays during designated months
- Informal gatherings
- Lunches
- Community and company events
- Volunteer opportunities
- Medical Plans
- Dental Plans
- Vision Plans
- Flexible spending accounts
- 401(k) with company match
- Company-paid life insurance
- Company-paid disability insurance
- 6 weeks paid parental leave
- Family-forming & fertility resources
- Up to 12 weeks leave for birth mothers
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What This Job Offers
Job Type
Full-time
Career Level
Director
