PRP Real Assets · 1 day ago
Senior Associate/Manager, Multifamily Acquisitions
PRP Real Assets is a real estate investment management firm focused on high-quality multifamily, industrial, and net lease assets across the U.S. They are seeking a Senior Associate or Manager to join their Multifamily Acquisitions team, responsible for sourcing and analyzing investment opportunities, conducting due diligence, and preparing investment memos.
Responsibilities
Source off-market and marketed transactions via relationships with brokers, developers, and owners
Underwrite deals across PRP’s core and opportunistic multifamily strategies using Excel and Archer
Develop and present investment memos and pitch materials for internal and external stakeholders
Drive transaction execution: lead due diligence, coordinate third-party consultants, legal, and closing teams
Interface with lenders and equity partners, including preparing financial models and deal presentations
Support senior leadership in refining acquisition strategy and targeting high-value markets
Collaborate cross-functionally with asset management, property management, and operations teams
Travel to assets and markets as needed for diligence and relationship development
Qualification
Required
4–8 years of relevant experience in real estate acquisitions, investments, or capital markets
Strong experience underwriting and closing deals in the $30M–$300M+ range (including portfolios)
Advanced Excel modeling skills and comfort using Archer or similar underwriting tools
Strong understanding of debt, JV structures, legal docs, and the full transaction lifecycle
Excellent communication and presentation skills — able to confidently represent PRP to sellers, brokers, capital providers
High integrity, proactive problem solver, and thrives in a fast-paced, entrepreneurial environment
Strong financial modeling, market research, and analytical skills
Proven experience in multifamily real estate acquisitions, due diligence, and transaction structuring
Knowledge of real estate financing, investment strategies, and market trends
Proficiency in Microsoft Excel, Argus, and other financial or real estate-related software
Excellent communication, presentation, and organizational skills
Ability to work collaboratively in a fast-paced, team-oriented environment
Bachelor's degree in Real Estate, Finance, Business, or a related field
Preferred
Master's degree or certifications such as CFA or CCIM
Prior experience in multi-family real estate investment or asset management is highly desirable
Benefits
Competitive base salary
Performance-based bonus and transactional participation
Comprehensive healthcare, 401(k), and benefits
Travel and business development support
Long-term opportunity to grow into a leadership role
Company
PRP Real Assets
PRP Real Assets specializes in the acquisition, development, and asset management of high-conviction real estate investments across the United States.
Funding
Current Stage
Early StageRecent News
Buffalo Business First
2025-03-07
Buffalo Business First
2025-02-04
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