Presbyterian Homes & Services · 1 day ago
Acquisitions Manager
Presbyterian Homes & Services is a nonprofit organization dedicated to providing high-quality housing choices and services for older adults. They are seeking an Acquisitions Manager to lead their national senior living acquisition strategy, focusing on sourcing, securing, and onboarding communities that align with their mission and financial targets.
Hospital
Responsibilities
Develop and maintain a robust pipeline of senior living acquisition opportunities across the U.S., including both on-market and off-market deals
Build and sustain relationships with brokers, investment bankers, developers, owners, lenders, and other industry stakeholders
Attend industry conferences and networking events to increase visibility and identify new leads
Lead screening and feasibility of potential acquisitions, including alignment with PHS mission, geographic strategy, and financial targets
Oversee or prepare detailed financial models, valuations, and underwriting reports for potential transactions
Conduct risk assessments and collaborate with internal and external advisors to validate assumptions
Structure transactions that balance financial prudence with long-term organizational value
Partner with the VP of Real Estate and CFO to identify and secure debt, equity, and philanthropic funding sources
Negotiate term sheets, purchase agreements, and joint venture documents in collaboration with legal counsel
Oversee the full due diligence process including financial, operational, environmental, and regulatory, to ensure risk is appropriately mitigated
Coordinate with internal departments (legal, finance, operations) and external consultants (attorneys, inspectors, appraisers, etc.) to ensure a smooth closing process
Drive project timelines, milestone tracking, and documentation through final close
Facilitate transition plans for newly acquired communities, ensuring seamless handoff to operations, facilities, and ministry teams
Support cultural and operational integration consistent with PHS values and service standards
Ensure alignment with branding, compliance, and mission delivery goals
Prepare investment memorandums, board presentations, and executive summaries to secure internal approvals
Maintain up-to-date deal pipeline documentation and acquisition performance tracking
Provide regular updates to senior leadership on acquisition strategy progress and investment outcomes
Manage the disposition process for select assets, including selecting brokers, preparing assets for sale, reviewing offers, making recommendations to ownership, and facilitating closing
Assisting with underwriting new development opportunities, procuring debt and equity for new developments and assisting with asset management of the existing commercial and senior housing portfolios, as delegated/needed
Qualification
Required
Bachelor's degree in real estate, finance, business, or related field required
5+ years of progressive experience in real estate acquisitions, with demonstrated success in sourcing and closing transactions of $20M–$150M in value
Proven track record of managing the full deal lifecycle—from deal origination to closing
Ability to travel nationwide up to 25% as required
High-level proficiency in financial modeling, underwriting, due diligence, and structuring debt/equity
Familiarity with regulatory requirements and operating models in senior living
Excellent negotiation and interpersonal skills; ability to represent PHS with professionalism and integrity
Strong sense of mission alignment and desire to serve older adults in faith-centered communities
Must have strong writing and editing skills and experience in conducting research and analysis. Superior skills in MS Excel
Must have flexibility, personal integrity, and ability to work effectively with co-workers, site operating staff, and various other professionals
Must be a team player, with the ability to direct a team of professionals, along with the willingness to take directions and accept responsibility for meeting specified objectives
Must have excellent oral, written, and interpersonal communication skills and strong attention to detail
Demonstrated ability to read, write, speak and understand the English language to communicate with all customers
Demonstrated compatibility with PHS' mission and operating philosophies
Preferred
MBA or other relevant graduate degree strongly preferred
Experience in housing, senior housing, or healthcare real estate strongly preferred
Benefits
Health, and dental, including applicable HSA & FSA
Employer Contribution to HSA for eligible Health Plans
Life insurance (AD&D)
Retirement, with eligibility for an employer match
Holiday pay and extended sick
Vision insurance
Voluntary short-term & long-term disability
Accident & hospitalization coverage
Education assistance programs
Accrue PTO (Paid time off)
Same-day pay
Employee assistance program (EAP)
College partnership educational discounts
Access to Learn to Live Resources
Company
Presbyterian Homes & Services
Presbyterian Homes & Services is a non-profit, faith-based organization.
Funding
Current Stage
Late StageLeadership Team
Recent News
Minneapolis / St. Paul Business Journal
2024-12-17
Minneapolis / St. Paul Business Journal
2024-02-14
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