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Senior Director, Acquisitions

The RMR Group LLC
United States, Texas, Austin
13620 Ranch Road 620 North (Show on map)
Oct 18, 2024

Senior Director, Acquisitions


Job ID
2024-2674


Job Locations

US-TX-Dallas | US-TX-Austin

Department
Acquisitions



Overview

The Director/Senior Director, Acquisitions role will be responsible for sourcing and executing multifamily acquisition opportunities in Texas. This person will be involved in all aspects of investment activity, including underwriting and financial modeling, deal structuring with joint venture partners, coordinating due diligence, coordinating debt financing, and shepherding deals through internal review and the Investment Committee approval process.



Responsibilities

    Managing acquisition process from deal sourcing through closing.
  • Interfacing with the brokerage community and principals directly to source multifamily investment opportunities.
  • Leading underwriting and recommending acquisition targets after researching properties, rent and sale comps, submarkets, demographics, physical characteristics and other pertinent information.
  • Fostering and maintaining good working relationships with brokers, sellers, lenders, property managers and vendors to help facilitate acquisitions.
  • Preparing proformas and business plans for new acquisitions.
  • In conjunction with asset management team, create and review capital budgets and business plans and coordinate with third party managers and other sources to help fully define and vet investment opportunities.
  • Coordinating the due diligence process, including gathering and analyzing due diligence materials and coordinating third party vendors. This includes verifying property details, market analyses, title/survey, as well helping to coordinate property inspections, unit walks, lease file audits, and maintenance audits.
  • Working with debt intermediaries and lenders to identify optimal debt strategies and negotiate debt documents.
  • Monitoring market trends to make informed investment decisions.
  • Familiarity with private investor capital legal structures as well as with institutional joint-venture structures and processes.
  • Writing clear and concise communications and Investment Memoranda for presentation to the firm's Investment Committee.


Qualifications

  • College or University degree in Finance, Real Estate, or a related field
  • Minimum of 5 years of experience in Real Estate Investment
  • Must be proficient with financial modeling and presentation development
  • Ability to execute in a multitask environment
  • High level of proficiency in written, verbal, and arithmetic skills


Company Overview

The RMR Group (Nasdaq: RMR) is a leading U.S. alternative asset management company, unique for its focus on commercial real estate (CRE) and related businesses. RMR's vertical integration is strengthened by over 1,100 real estate professionals in more than 30 offices nationwide who manage over $41 billion in assets under management and leverage more than 35 years of institutional experience in buying, selling, financing and operating CRE. RMR benefits from a scalable platform, a deep and experienced management team and a diversity of real estate strategies across its clients. RMR has been recognized by The Boston Globe as a "Top Place to Work", by the Environmental Protection Agency (EPA) as an "ENERGY STAR Partner of the Year" and ranked by the Building Owners and Managers Association (BOMA) as having one of the highest number of BOMA 360 designated properties in its portfolio. RMR is headquartered in Newton, MA and was founded in 1986.

RMR's mission is to create long term value for our clients by managing their investments and assets "like we own it" - an approach that consistently and repeatedly generates opportunities for all our employees, investors and stakeholders. We are guided by six core values:

  • Integrity at Our Core.
  • Perform Passionately and Effectively.
  • Inspired Thinking.
  • Like We Own It.
  • Power of We.
  • Mutual Respect.

Visit our website to learn more about what makes The RMR Group a rewarding place to build a career.

Follow RMR on LinkedIn, on Instagram @thermrgroup and on Twitter @The_RMR_Group.

The RMR Group is an equal opportunity employer. Qualified applications will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability or protected veteran status. For our EEO Policy Statement, please click here. If you'd like more information on your EEO rights under the law, please click here.

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