Acquisitions Analyst

This is a fully remote position, open to applicants in United States.

📋 Description

• Underwrite acquisitions in manufactured housing communities (MHC) and small bay industrial properties, from initial screenings to comprehensive models, typically within a 24–48 hour timeframe.

• Develop and sustain cash flow models encompassing rent rolls, T-12 statements, normalization of operating expenses, debt sizing, and return calculations.

• Derive purchase prices based on target returns and suggest appropriate offer ranges.

• Conduct sensitivity analyses on rent growth, occupancy rates, expense ratios, capitalization rates, and financing terms.

• Transform incomplete or poorly organized seller materials into structured, usable data.

• Formulate and document market-supported assumptions while identifying critical missing information.

• Create targeted due diligence requests.

• Execute asset-specific analyses for manufactured housing communities and industrial properties.

• Gather rent and sale comparables, capitalization rates, and submarket data.

• Utilize AI tools for data extraction, structuring rent rolls, drafting summaries, and expediting research; validate outputs against source documents.

• Develop and refine repeatable AI workflows, templates, and prompts.

• Prepare succinct deal summaries and investment memos for weekly deal review.

• Assist with drafting Letters of Intent (LOIs), conducting due diligence, financing, and closing processes.

• Maintain up-to-date deal records and pipeline data in the CRM.

• Acquire knowledge of the company’s MHC and industrial models and buy box, independently underwrite deals for weekly review, and contribute an AI workflow within the first 90 days.

⛳️ Requirements

• A bachelor's degree in finance, real estate, accounting, economics, or a related discipline.

• 1–4 years of experience in real estate acquisitions, investment banking, valuation, lending, or a comparable analytical position.

• Proficiency in advanced Excel, with the capability to build models from scratch.

• Strong understanding of commercial real estate finance concepts, including NOI, capitalization rates, debt service, IRR, and the fundamentals of waterfalls.

• Practical, regular use of AI tools for real projects, with the discernment to evaluate their outputs.

• Ability to make informed decisions with incomplete information and articulate assumptions clearly.

• Excellent writing skills and the capability to summarize a deal succinctly.

• Preferred: Direct underwriting experience in manufactured housing, multifamily, RV, self-storage, or multi-tenant industrial properties.

• Preferred: Familiarity with data platforms such as Argus, CoStar, Reonomy, or similar tools.

• Preferred: Experience with CRMs like Monday.com and knowledge of workflow automation.

• Candidates who progress must complete a timed underwriting exercise using a real-world, imperfect data set.

🏝️ Benefits

• Bonus: Discretionary / Deal-based.

• Health insurance coverage.

• Paid Time Off (PTO).

• 401(k) plan with company matching.

• Use of AI tools is permitted and encouraged for the timed underwriting exercise.