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CREI Development, LLC

Vice President of Acquisitions

CREI Development, LLC, Mountain Brook, Alabama, United States

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Description

The Vice President of Acquisitions primary responsibility is to support all new acquisition initiatives including but not limited to; financial modeling, tracking and analyzing industry/market developments. Incumbent also assists with collecting and performing due diligence, market/industry analysis, drafting investment update reports, and business analysis.

Evaluate and improve acquisitions policies/procedures to ensure efficiency & effectiveness.

Lead and participate in the process of identifying and validating investment opportunities that meet stated acquisitions strategy

Perform financial modeling and spreadsheet analysis in Excel

Evaluate and model debt alternatives, as well as joint venture equity waterfalls

Organize, compile and act as ‘gate keeper’ for market/property related data

Research, monitor and analyze market, asset class trends and general economic conditions, industry specific trends as well as individual companies

Coordinate information regarding market data, occupancy data, expense analysis, aerials, maps, and rent comparables

Provide detailed Industry research to support investments

Organize and present data analysis, draw objective conclusions and make recommendations

Miscellaneous duties as assigned

Requirements

BA/BS or Degree in Real Estate Finance, Economics, Mathematics or related field; MBA preferred

Experience with Multifamily Real Estate Finance and Underwriting strongly preferred

Demonstrated thoughtful and disciplined approach to real estate investment

Proven experience in financial modeling/analysis of equity and fixed income markets

Knowledge, Skills and Abilities

Excellent communication skills, both verbal and written through one on one interactions as well as in small and large group settings with the ability to develop and deliver clear, concise, convincing and well-organized presentations.

Strong analytical skills and knowledge of accounting, budgeting, and valuation techniques for real estate

Ability to identify trends

Proficient in Microsoft Excel skills

Excellent interpersonal skills

Self Motivated, optimistic, resourceful, honest and hardworking

Working Conditions Typically in office with potential to travel up to several nights per month.

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