Senior Vice President, Acquisitions – Multifamily

Role Overview

• Own Western region acquisition strategy and pipeline.
• Source and evaluate prospective acquisition opportunities in accordance with the firm’s investment criteria in target markets and make recommendations to proceed with an investment.
• Prepare underwriting on prospective acquisitions, which includes creating financial models and business plans.
• Prepare and present Investment Committee materials, including discussion memorandums, investor presentations, due diligence memorandums, and offering memorandums.
• Oversee acquisition process, including managing due diligence, performing site visits and market tours, ordering and reviewing third-party reports, and facilitating closing.
• Partner with Asset Management to ensure seamless handoff, performance tracking, and business plan execution post-close.
• Work with legal counsel to negotiate purchase and sale agreements, partnership agreements, and related documentation.
• Coordinate with legal counsel to prepare offering materials.
• Work with the capital markets team to source acquisition loans, participate in negotiation of term sheets and loan docs, and lead the closing process.
• Manage and develop the West acquisitions team (standards, coaching, hiring, performance).
• Prepare investor materials including, but not limited to, investment summaries, private placement memorandum, webinars, and investor education materials.
• Assist CIO and the Sales team with pitching investment opportunities to our distribution partners and their investors, and interact with distribution partners, investors and advisors on an as-needed basis regarding market, property, and investment updates.
• Assist in the disposition of the assets and close-out of the investment vehicles.

Requirements

• Ten+ years of multifamily acquisitions, development, investment sales and/or mortgage brokerage experience with principal-side transaction authority.
• Bachelor's degree from four-year college or university in Real Estate, Finance or related field; or equivalent combination of education and experience.
• Comprehensive understanding and established track record of sourcing and closing transactions in the Western U.S. multifamily/housing real estate markets.
• Established industry relationships with key stakeholders, including brokers, lenders, and developers in Western U.S..
• In-depth knowledge and ability to analyze current real estate trends, market conditions, and regulatory environments.
• Advanced financial modeling and comfort leveraging data, research, and market intelligence platforms.
• Demonstrated Investment Committee leadership: ability to synthesize risk/return, propose mitigants, and drive decisions under time pressure.
• Experience sourcing and underwriting stabilized properties in secondary/tertiary markets for DST platform preferred.
• Experience leading development/opportunistic deals that will be acquired with JV partners for Merchant Build and QOZ funds in top 50 markets.
• Exceptional written and verbal communication skills, with the ability to present complex information and influence stakeholders.
• Strong people management and collaboration skills with responsibility for managing Western region acquisitions team in El Segundo, CA.
• Ability to travel as needed for deal execution and partner relationship management.

Benefits

• 100% company paid individual Medical and Dental Insurance.
• 100% company paid individual Life and Long
• and Short-Term Disability Insurance.
• 401(k) plan with up to 4% matching and full vesting.
• Flexible time off, yearly Birthday Holiday and Community Service Leave.
• State of the art onsite gym.
• Company funded Lifestyle Spending Account.
• Access to other health and tax-advantaged benefits.
• Employee-led professional development program.
• Community involvement through its Griffin Care and Community Committee.