Cohabs · 1 month ago
Acquisition Manager
Cohabs is one of the world’s largest and fastest-growing co-living developers and operators. The Acquisition Manager will assist with sourcing, underwriting, and closing New York City assets, focusing initially on New York with opportunities to expand into new markets.
CommunitiesReal Estate
Responsibilities
Source Deals
Build a network of multi-family brokers within New York City to source new opportunities
Maintain a large pipeline of potential opportunities with weekly reporting to the US and HQ teams on actionable deals
Tour, Underwrite and Present New Deals
Tour properties, take measurements, assess physical condition, and evaluate co-living feasibility
Collaborate with architects, GCs, and the design team to develop co-living floor plans and business plans
Underwrite opportunities and prepare detailed investment memoranda for U.S. and HQ approval
Support due diligence, financing, and other pre-closing tasks
Deal Execution
Lead closing process including the due diligence, legal and administrative processes
Facilitate hand-off to our project management teams following asset acquisition
Qualification
Required
2–5 years of experience in residential acquisitions, development, or brokerage within the NYC market
Strong financial modeling skills and understanding of real estate fundamentals
Existing NYC broker/deal network that can be leveraged for immediate deal flow
Self-starter who thrives in a high-autonomy, fast-paced, start-up environment
Scrappy, persistent, and energized by the challenges of the NYC residential market
Positive attitude and sense of humor — we work hard, move fast, and enjoy the journey
Company
Cohabs
Cohabs is a network of beautiful shared homes for nomads around the world.
Funding
Current Stage
Growth StageTotal Funding
$203.08MKey Investors
Belfius BankAG Real EstateAlphastone
2022-11-16Series C· $72.75M
2022-11-16Debt Financing· $41.57M
2021-05-12Series B· $15.1M
Recent News
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