Senior Associate, Due Diligence

Agree Limited PartnershipRoyal Oak, MI
15h

About The Position

Agree Realty is looking for a Due Diligence Associate to join our growing team. This position is responsible for coordinating all aspects of real estate due diligence on our acquisitions and select development projects. The Due Diligence Associate is responsible for procuring, tracking, and analyzing materials and third-party reports. This position requires demonstrated experience with the management of numerous simultaneous projects. This individual must be analytical, detailed oriented and have the ability to work both independently and collaboratively within a fast paced, dynamic team.

Requirements

  • Bachelor’s degree is required
  • Minimum 3 years of commercial real estate transactional experience
  • General understanding of contracts and retail leases
  • A passion for retail real estate
  • Analytical, detailed oriented, organized, and efficient
  • Strategic thinker that can manage multiple projects and priorities
  • Self-Motivated, results driven and can prioritize projects to meet required deadlines
  • Ability to identify issues and recommend solutions clearly and concisely
  • Proficient with Microsoft Word, Excel and MS project

Nice To Haves

  • Legal degree and/or training is preferred

Responsibilities

  • Obtain and inventory all Seller related due diligence materials
  • Organize, manage, and maintain all project files on server and ensure compliance with corporate standards, processes and procedures
  • Provide summary report on the status of all required due diligence documents and property level investigative research
  • Review all due diligence related materials including environmental studies, zoning and Property Condition Assessment Reports and provide written recommendations for further action
  • Coordinate specialized contractor inspections and reports (roof, parking lot, structure, etc.)
  • Work with local governmental agencies to confirm municipal compliance and review zoning compliance regulations including obtaining zoning verification reports from all appropriate municipalities
  • Preliminary review of ALTA survey to verify the property is in compliance with governmental regulations and Tenant’s lease requirements (i.e. parking, setbacks, lot coverage ratios, building height limitations)
  • Prepare comprehensive market/store performance analysis including obtaining market lease comps and conducting tenant interviews
  • Maintain all due diligence tracker reports, critical dates report and closing checklists
  • Prepare due diligence sign-off packages
  • Drive process improvements to improve efficiency, effectiveness, and profitability

Benefits

  • 100% company-paid monthly health insurance premiums for team members and dependents
  • 100% company-paid short-term, long-term, and life insurance premiums for team members
  • Simple IRA retirement plan with 3% company match
  • 3 company-provided lunches per week
  • Onsite fully equipped gym and locker rooms
  • Opportunity to volunteer at a charity of your choosing with our Agree Gives Back program
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