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Vice President, Acquisitions and Asset Management

Salary
Competitive
Employment
Full Time
Work Place
Part Remote
Real Estate Field
Location
Los Angeles
 CA
Postal Code
90067
Country
United States

This job is no longer active.

Description


The Company is a best-in-class real estate investment management firm with offices in Los Angeles, Washington, D.C., New York City, and Atlanta. The Company manages approximately $7.0 billion of equity on behalf of institutional investors across a series of core plus, value-add and opportunistic private equity investment vehicles. The Company makes direct and indirect equity and debt investments in real estate across the United States, with a focus on multifamily, industrial, office, retail, hospitality, senior housing, and other niche products.

The Company is seeking a Vice President to support the Company’s acquisitions and asset management efforts on the West Coast (Denver west). In this capacity, the individual will work with senior management to source, underwrite, and manage new real estate investments, while assisting in other areas of the firm, such a capital raising, as necessary.

Responsibilities:

• Support the development and execution of the firm’s investment strategies.
• Source and oversee the due diligence/underwriting process on potential new investments.
• Prepare and present Investment Committee memorandums describing potential new investments to the Investment Committee.
• Maintain a market presence and broker & operator partner relationships in West Coast markets.
• Negotiate and review joint venture operating agreements, purchase and sale agreements, loan documents, management agreements.
• Execute business plans for new investments with minimal supervision.
• Supervise and train junior staff to include Associates and Analysts.
• Review property reports and track operating performance relative to pro forma, forecasts, asset strategies, and investment targets, and prepare summaries and present results.
• Assist with capital raising presentations and other investor relations requests.
• Perform all other duties as required.

Requirements:

• At least 7 years of commercial real estate experience including a minimum of 5 years of experience acquiring and managing various real estate assets classes in West Coast markets, at a private equity real estate firm or equivalent.
• Bachelor's Degree in finance, accounting, real estate, or another related field.
• Relationships with operators, brokers and market participants in West Coast markets.
• Advanced financial modeling experience.
• Experience structuring complex investments.
• Experience negotiating with joint venture partners and lenders.
• Significant experience managing the due diligence, acquisitions, financing, and closing process of investments.
• Excellent verbal and written communication skills and presentation abilities.
• Excellent critical thinking, judgment, strategic planning, and problem-solving skills (i.e. able to find acceptable solutions to business challenges).
• Strong understanding of financial analysis, modeling, and valuation, and the ability to use financial and valuation software including Excel.
• Outstanding organizational skills, and the ability to effectively prioritize multiple tasks under tight deadlines.
• Flexibility in regard to taking on duties and responsibilities more typically expected from senior leadership or junior staff, depending on circumstance.
• Highly developed sense of responsibility and initiative, and an appreciation for accuracy and detail.
• Experience in delivering presentations to senior management, investment committees, and clients.
• Ability to travel frequently (likely weekly).

Compensation and Benefits:

• Salary and annual bonus are competitive and commensurate with experience.
• Potential for carried interest in investment vehicles.
• Company-sponsored medical, dental, vision, life, and disability insurance.
• 401k plan with employer contribution.

Artemis Real Estate Partners is an Equal Opportunity Employer.

 
 

Experience


7+ to 10 years


This job is no longer active.

Acquisitions Retail Los Angeles Full Time CA Acquisitions, Asset Management, Legal Manager, Asset Management other