Senior Acquisitions Analyst

Elmington•Nashville, TN

1d•Hybrid

About The Position

The Senior Acquisitions Analyst/Associate at Elmington Residential is a key member of the acquisitions deal team and contributes to the execution of all acquisition projects. The candidate will primarily focus on underwriting new opportunities, performing financial analysis, leading due diligence tasks, coordinating with third-party vendors, preparing internal and external investor presentations and performing market research. The responsibilities will also include ongoing asset management tasks, such as property level financial statement review, variance analysis, budget review, and financial modeling updates. The candidate will be responsible for and gain exposure to the complete acquisitions process including underwriting, financing, operations, and dispositions. The position will have daily exposure to the Elmington executive team, senior team members, large financial institutions, investment sales brokerage firms, private equity firms, and other key external stakeholders. The candidate will have the opportunity to join a small, entrepreneurial team, work directly with senior management, and gain exposure to a wide variety of residential real estate transactions nationwide.

Requirements

Exceptional verbal and written communication skills to liaise effectively with team members and leadership.
Outstanding organizational skills to manage multiple priorities, tasks, and deadlines efficiently.
Strong understanding of all aspects of real estate investment, development and financing processes, including but not limited to market analysis, financial analysis, property valuation, and capital markets.
Ability to work in a challenging, entrepreneurial environment and handle multiple projects simultaneously, including travel on an as-needed basis.
Team player who is organized, proactive, self-directed, conscientious and assumes accountability and responsibility for specific performance and work product.
Strong organizational skills and attention to detail with the ability to manage multiple projects simultaneously.
Ability to communicate clearly and concisely both orally and in writing.
Strong quantitative and analytical skills, particularly with respect to real estate finance metrics.
Well-versed in Microsoft Office suite with an emphasis on Excel and PowerPoint.
Outstanding proficiency in creating complex financial models for real estate financial analysis using Excel.
Demonstrable understanding of financial statements, use of comparative data, and financial forecasting is required.
Bachelor's degree required with a concentration in real estate, finance, business, engineering, or accounting.
3-5 years' experience in commercial real estate, investment banking, private equity, or management consulting is required.

Nice To Haves

Master's degree preferred but not required.

Responsibilities

Underwriting new opportunities
Performing financial analysis
Leading due diligence tasks
Coordinating with third-party vendors
Preparing internal and external investor presentations
Performing market research
Property level financial statement review
Variance analysis
Budget review
Financial modeling updates
Perform complex real estate financial analysis using Microsoft Excel, including IRR, NPV, JV Waterfall, sources & uses, and sensitivity analyses.
Prepare equity and lender financing presentations and Investment Committee presentations.
Lead all due diligence and closing processes coordinating with third party vendors, equity partners and lenders to make sure all necessary due diligence is complete.
Research new acquisition initiatives and track investment sales activity and trends.
Research multifamily/BTR dynamics in target markets. Track local supply/demand, comparable properties, competitive landscape, market rents, and other local dynamics.
Perform market, economic and demographic research to evaluate markets and strategies for existing or potential investments.
Assist in the deal selection and make recommendations to senior team members.
Manage owner/broker relationships and track key contract dates to make sure they remain in compliance.
Develop and maintain strategic relationships with capital providers, brokers, developers, property owners, city staff, and other key stakeholders.
Perform all other duties as assigned.