The Annex Group · 5 hours ago
Vice President of Acquisitions/Rehab
Fishers,IN,US
Full-time
Onsite
Lead/Staff, Director/Executive
5+ years expThe Annex Group is a leading real estate developer in affordable housing and P3/Student Housing, seeking a Vice President of Acquisitions/Rehab to join its dynamic team. The successful candidate will be responsible for identifying, acquiring, rehabilitating, and recapitalizing multi-family properties while collaborating with the executive leadership team and managing relationships with key stakeholders.
Building MaintenanceConstructionHome ServicesReal Estate
Responsibilities
Network and maintain relationships with owners, lenders and brokers
Identify, source, negotiate, and acquire multi-family assets by engaging with owners, brokers, and lenders that align with the company’s acquisition criteria
Collaborate with the firm’s executive leadership team to refine the investment thesis, strategic business plan, and financial projections
Conduct comprehensive research, underwriting, and financial modeling of acquisition opportunities
Create complex financial models analyzing sophisticated waterfall cash flows and recapitalization strategies
Lead asset acquisition due diligence, including property and market research, title review, third-party reports, and preparation of the final due diligence report for investors and lenders
Prepare deal memos and financial proformas for the internal investment committee, limited partners, and lenders
Handle the legal aspects of the acquisition process, including letters of interest, purchase agreements, loan documents, and closing documents
Manage relationship with tenant relocation consultant
Maintain files and work product in the company’s shared drive and track pipeline and follow-up in the company’s project management software
Work with finance, construction, and property management teams through renovation and recapitalization to reach stabilized operations
Qualification
Required
Minimum of 5 years of experience in real estate acquisitions, with a focus on multi-family affordable housing (Bonds, LIHTC, 501c3, etc.)
Bachelor's degree required
History of sourcing, negotiating, and closing deals
An existing network of brokers, tenants, developers, managers, and landowners in one or more target markets
Exceptional analytical and technical skills, including advanced proficiency in financial modeling and analysis
Excellent oral and written communication and interpersonal skills
Ability to create and execute an acquisition strategy independently
Highly organized and efficient
Self-motivated, results-oriented, and able to thrive autonomously in an entrepreneurial environment
Willingness to travel as required
Preferred
10 years of experience in real estate acquisitions, with a focus on multi-family affordable housing (Bonds, LIHTC, 501c3, etc.)
A graduate degree or relevant professional credentials
Company
The Annex Group
The Annex Group® is a leading impact housing developer that creates market-rate, workforce, affordable and student housing communities.
51-200 employees
Funding
Current Stage
Growth StageLeadership Team
Kyle Bach
Chief Executive Officer
Sam Hurley
Chief Financial Officer
Company data provided by crunchbase