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PRP Real Assets

Senior Associate/Manager, Multifamily Acquisitions

PRP Real Assets, Washington, District Of Columbia, United States, 20022

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Overview PRP – Senior Associate / Manager, Multifamily Acquisitions

Location: Washington, D.C.

PRP Real Assets ("PRP") is a real estate investment management firm focused on high-quality multifamily, industrial, and net lease assets across the U.S. With a strong track record of sourcing and operating institutional-quality real estate, PRP is actively scaling its multifamily portfolio with a strategic emphasis on value-add and core-plus acquisitions in key growth markets.

Our multifamily strategy targets investments in vibrant, high-growth metros such as Northern Virginia, Richmond, Charlotte, Raleigh-Durham, Greenville, Columbia, Indianapolis, and Columbus. PRP plans to expand its multifamily portfolio by 3,000 units over the next 18 months, and we’re looking for high-potential professionals who want to grow with us.

The Opportunity PRP is hiring a Senior Associate / Manager of Acquisitions (depending on qualifications and experience) to join our Multifamily team. This role is directly responsible for deal execution from sourcing through closing across key U.S. markets. The ideal candidate is entrepreneurial, driven, and experienced in underwriting, sourcing, and executing institutional-grade real estate transactions.

Responsibilities

Source off-market and marketed transactions via relationships with brokers, developers, and owners

Underwrite deals across PRP’s value-add, core-plus 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 throughout the acquisition process and post-close transition

Travel to assets and markets as needed for diligence and relationship development

Ideal Candidate Profile

4–7 years of relevant experience in residential 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 platforms

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

Compensation & 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

How to Apply Please submit a resume and short cover note to recruiting@prprei.com, including sample transactions (with size, market, and role played). You can also DM us directly on LinkedIn or via your recruiting contact.

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