Commercial Real Estate Acquisitions Associate
Acumen Companies, a multidisciplinary, opportunistic real estate development and investment company based in Washington D.C., is looking for a Real Estate Acquisitions Associate (Intern) to assist senior management in the pursuit of new investment opportunities, as well as the asset management of owned deals.
As an Acquisitions Intern, your primary responsibilities include but are not limited to:
- Working directly with senior management to evaluate multi-family real estate investment opportunities throughout the D.C. Metro Area
- Coordinating with brokers and/or joint venture partners to gather all necessary materials for target acquisitions
- Develop preliminary opinion on potential acquisition target valuation incorporating all provided materials
- Assist in underwriting or preparing valuation models for potential acquisitions as well as making presentations to senior management to assess and discuss potential acquisitions
- Assist in preparation of quarterly reports comparing actual to budgeted performance
- Analyze monthly property-level financial statements
- Help conduct property site inspections
- Participate in weekly, monthly, and quarterly reporting to senior management
- Perform and/or assist with special projects as needed by management
Who you are and what you bring:
- Pursuing Bachelor’s degree in Real Estate, Finance, Economics or other related fields (1 year of relevant experience preferred)
- Experience with Microsoft Excel & excellent financial modeling skills
- Excellent research skills and aptitude to understand the dynamics of various locations, sub-markets, economic conditions and financial markets
- Superior interpersonal and communication skills with the ability to interact with real estate brokers, investors and senior managers
- Organized and efficient, with a strong ability to define priorities and figure out the processes necessary to get work done
- Ability to function both in a team-oriented setting and independently
- Strong sense of personal motivation, responsibility, entrepreneurship and uncompromising personal integrity
- Tenacious in meeting deadlines, with a strong sense of urgency and self-management discipline