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Bullpen

Director of Acquisitions Job at Bullpen in Chicago

Bullpen, Chicago, IL, US

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A growing real estate investment firm is seeking a Director of Acquisitions to lead the sourcing, underwriting, and execution of student housing investments nationwide. This is a high-impact role for a driven dealmaker with deep market knowledge and a track record of sourcing, evaluating, and closing student housing opportunities.

As the firm expands its portfolio, the Director will play a key role in shaping investment strategy, building broker relationships, and identifying value in on- and off-market transactions. This is a unique opportunity to step into a leadership seat within a fast-scaling investment platform.

Key Responsibilities:

  • Source and evaluate student housing acquisition opportunities across target university markets
  • Underwrite assets using Excel and Argus; analyze rents, expenses, capex, and return metrics
  • Prepare investment memoranda and present to Investment Committee
  • Lead due diligence, contract negotiations, and transaction execution
  • Build and maintain broker, owner, and lender relationships to support deal flow
  • Track market trends, university growth data, and enrollment forecasts
  • Collaborate with asset management, capital markets, and development teams on business plans and capitalization strategies

Qualifications:

  • 5–10 years of real estate acquisitions experience, with at least 3+ years in student housing
  • Proven track record of sourcing and closing deals
  • Strong modeling, valuation, and analytical skills
  • Entrepreneurial mindset with ability to build systems and pipeline from scratch
  • Experience presenting to investment committee or institutional capital partners
  • Bachelor’s degree in Real Estate, Finance, or related field (MBA a plus)