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Arena Capital · 3 months ago

Commercial Real Estate Acquisitions Manager

Miami-Dade County, FL

Full-time

Onsite

Mid, Senior Level

4+ years exp

Arena Capital is a unique Commercial Real Estate Investment & Development Corporation seeking a dynamic and ambitious Commercial Real Estate Acquisitions Manager. The role involves searching for shopping centers to purchase, lease, sell, and manage, while overseeing the investment process and managing multimillion dollar assets.

Commercial Real EstateProperty ManagementReal Estate

Responsibilities

Manage and oversee all analyst functions of the investment process

Review underwriting, investment memos, and running the due diligence/closing process

Co-sourcing involves creating and maintaining relationships with principals and investment sales brokers, tracking pipeline of potential investment opportunities, and screening deals based on Cardone Capital's investment criteria

Partners directly with lenders (agency, bank, debt fund) to source, evaluate, and close the optimal form of debt capital for each investment opportunity

Prepare financial modeling and underwriting for real estate acquisitions

Develop new or auditing of existing excel models

Present and discuss financial models to senior members of management, banks and brokers

Maintain acquisition funnel and deal database

Compilation of market data and sales info for meetings, quarterly reports, presentations and offering memorandums

Compile property and debt data for meetings, inquiries, etc

Assist writing proposals, presentations and investment memorandums

Assist with transaction due diligence, including coordinating third-party vendors

The position will have exposure to all facets of real estate transactions with an opportunity for substantial involvement

Research and analyze markets to understand areas of growth, major employers, major transportation projects, heavily trafficked corridors, and retail sub-markets

Identify and analyze real estate opportunities for existing and prospective tenants that meet established criteria

Ability to analyze and confirm the zoning of a property and the permitted uses

Present new opportunities to tenants and clients via presentations, phone, and / or market tours

Work in close partnership with the Ownership to analyze feasibility plans, site plans, draft Letters of Intent (LOIs) and contracts

Oversee the negotiation of purchase contracts and other legal agreements, as required

Collaborate with engineers, architects etc. to determine the specifications of the project, reviewing documents for accuracy and constructability

Receive bids/estimates and negotiate contracts with contractors

Conduct routine meetings, evaluate progress, schedules and prepare detailed reports

Prepare detailed approval packages for internal and external investment committees

Develop and maintain company reports, trackers, and databases, as needed

Assist with special projects as requested and performs additional duties as required

Must be self-motivated, disciplined and organized

Must have knowledge of the Florida market

Must be willing to grow with the Company

Ability to work under pressure, in a time sensitive environment

Qualification

Commercial real estate experienceRetail real estate acquisitionsFinancial modelingExcel proficiencyNegotiation skillsAnalytical skillsBilingualProblem solvingAttention to detailTeam player