Realterm is a real estate operator whose employees have a track record of capitalizing on durable insights into the supply and demand of real assets through the global supply chain. Realterm seeks to build and invest in value-added business platforms that have a proprietary position in their markets, source investments with favorable supply/demand dynamics and bring intense focus to operating results.
Realterm offers several career fields such as Accounting, Asset Management, Capital Markets and Investor Relations, Construction, Finance, Investments, Leasing, and Property Management that make working here unique, challenging, stimulating, and rewarding. With offices in Amsterdam, Annapolis, Baltimore, Chicago, Frankfurt, Houston, Los Angeles, Montreal, New York, Singapore and Sydney, you are empowered to take your career where you want it to go.
A career at Realterm allows you thrive in a fast-paced workplace environment with tremendous scale. Enjoy working in a collaborative environment with supportive teammates where you will be challenged to grow and be at your best every day. We offer our employees a robust and competitive benefits package. If you are looking for a rewarding career in private equity commercial real estate, apply today.
Summary
The Associate Vice President, Investments position is dynamic, requiring close Business Development Team (Biz Dev) collaboration and coordination, critical thinking and high-quality communication skills with the ultimate goal of driving investment activity in the East Region on behalf of Realterm Logistics' Funds and investment mandates. The position will focus on sourcing and acquiring new investments on behalf of Realterm Logistics in the Eastern Region. The position will require strategizing with Fund Leadership, general management, internal/external legal coordination, negotiation, transaction structuring, and related responsibilities to support the overall goals of the Realterm business. Key functions include target property identification, underwriting, due diligence and closing via a network of property owners, brokers and key users. The position will also require working with Realterm Asset Management & Property Management, to coordinate successful hand-over to Realterm Asset & Property Management of acquired property.
Duties and Responsibilities
- Participate in, and drive, new business development initiatives in conjunction with the Fund Managers and Biz Dev Team.
- Source new investment opportunities from existing and to-be-identified Realterm relationships.
- Work closely with the Realterm Team to move all aspects of transactions forward from initial identification through final delivery.
- Lead the day-to-day management of underwriting and due diligence, including collaboration with in-house and third-party resources.
- Work with the Fund Managers and the analyst team to provide due diligence information and analytical analysis of potential opportunities.
- Lead in negotiating contract terms and deal terms for new acquisitions, as opportunities are sourced and pursued.
- Assist in preparation of presentations for clients, investors, committees, and other internal reports.
- Work with lenders (in coordination with Realterm's Director of Finance) to determine availability of project level financing, as appropriate.
- Responsible for maintaining, managing and reporting deal pipeline, ensuring that investment volume is being met on behalf of all Realterm investment targets
- Use Dealpath (RE deal management platform) as an active and committed team communication tool.
- Collaborate with the Fund Managers and the analyst team to ensure project financial models are accurate and complete.
- Lead in securing the appropriate internal approvals, and related documentation, as required.
- Responsible for sharing and uploading documents and communication on project management site for team use and record keeping, including the active use of Salesforce for team communication.
- Track and report investment status to internal stakeholders, investors, lenders, joint ventures, as needed.
- Participate in discussions with tenants, lenders, investors, and related professionals to foster growth of all client relationships.
- Manage day to day travel schedule and team priorities while operating remote from Baltimore or New York office base.
Competencies
Accountability
Character, Trust, Integrity
Planning, Decision-Making & Initiative
Development & Learning
Collaboration, Communication & Teamwork
Qualifications
- Real estate industry knowledge required
- Experience working with Argus, Salesforce, and/or Yardi
- Proficient in Microsoft Office suite of applications, specifically MS Word and Excel
- Excellent editing and proofreading skills
- Strong quantitative skills and ability to understand and communicate investment data
- Acute attention to detail
- Strong communication skills, both written and verbal
- Ability to work independently in remote office (Baltimore or New York)
Education and/or Experience
- Bachelor's degree in Finance, Accounting, Economics, Business Administration, or related field
- Minimum 4-6 years of experience in real estate
- Demonstrated knowledge of underwriting analysis and transaction experience preferred
Work Environment
The position will work in a general office setting and may require travel, up to 50% of time annually, to remote locations based on organizational/business needs.
Physical Demands Must be able to remain in a stationary position for the majority of the workday, sitting at a desk, consistently operating a computer. The person in this position must be able to access file cabinets and office machinery (to include a computer, copier, and fax machine). On occasion, may need to lift boxes of up to 10 lbs.
Realterm prioritizes, embraces and values safe, inclusive and collaborative environments and is committed to intentionally building a workplace where our employees can succeed. Full-time eligible employees may participate in our robust benefits program which includes healthcare (single and family coverage available), retirement plan with matching contributions, paid leave, volunteer time off, wellness/lifestyle benefits and more. More information regarding benefits and total compensation will be provided during the hiring process.
Realterm is an equal opportunity employer, as we value and respect diversity. We encourage diversity in ideas, opinions, experiences and identities. We do not discriminate in our employment practices based upon protected class, to include race, color, religion, sex, national origin, age, disability or genetic information.
|